Algae token
Highest Yields
Highest nutrient efficiency
Does not require arable land or water
Negligible waste
CO2 sponge / oxygen production
Displaced demand for marine resource
Blockchain Advantage
Accessibility
Liquidity
Transparency
Immutability
Fractional ownership
Cost Savings
Why Cardano
Proof of Stake – lower energy costs
Decentralised
Peer reviewed
Scientist control
Community driven
Real world solutions
Governance
Algae token’s governance will begin at launch and be a completely on-chain experience for users to participate in the future of the Algae Token protocol.
Algae Token governance will be led by the scientific team experienced with the development of large scale production projects. This is advantageous to the public, having experts direct the project for optimal outcomes. The public is invited to vote on projects and lead in the direction of Algae Token with governance of token holders encouraged. Users that participate in building the protocol through governance will earn rewards for doing so.
Once a project, protocol feature or upgrade is voted on, Algae Token foundation will not control the development or implementation of the proposal except as an independent developer team. Algae Token holders are entirely responsible for obeying the law in their jurisdiction when voting on governance matters.
Profit Sharing
The founding principle of the Algae Token protocol is to provide decentralized funding to support sustainable products and services, whilst ensuring revenue generated from these projects is used to expand capabilities and increase the value of Algae Token.
Algae Token Projects are established in essence as not for profit businesses, they are sustainable green projects that benefit local communities and have a far-reaching benefits for the environment and community. Revenue generated from these projects is split equally, with 50% of revenue used to continue project growth to enable expanding production. The other 50% is returned to Algae token (in the form of a loan repayment) to enable the project to buy back Algae Tokens which increases demand, distributing revenue back to core value members of the ecosystem whom hold Algae Token’s.
Vesting Period
Private, Presale and Founders will be locked for a 2 year period.
Treasury will be community and scientific governance with tokens released over a 15 year period.
DONATE
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Roadmap
2022
Phase 1: 2022
✔ Launch of Website and Whitepaper
✔ Cardano Catalyst Proposals
✔ Cardano Launchpad
2023
Phase 2: Q3 and Q4 of 2023
- Establish token classification
- Presale / Private sale
- Multiple Energy Audits
- Extended marketing for the algae farm project
Phase 3: Q4 of 2023
- Token Launch through Launchpad (ADA Platform)
- Listing through Cardano DEX’s / Asset Exchange
- Establishment of the first algae farm in Australia
2024
Phase 4: Q1 and Q2 of 2024
- Listing through major exchanges
- Research and Development for continual improvement
- Educating the global community about algae farming
- Assessment of suitable locations around the globe for the establishment of algae farm
2025
Phase 5: Q1 and Q2 of 2025
- Establishment of the 2nd algae farm in the Middle East / Africa
- Educating the global community about algae farming
- Fundraising for carbon dioxide capture and utilization
Dylan Kreis
CEO
Dylan
Dylan Kreis is one of the co-founders of Algae Token. He has significant experience as a Chemical Engineer and Farm manager for a micro algae-based company Qponics Ltd-Australia and as the Algae Energy Farm Manager for the University of Queensland. He has gained experience working over the last five years with Algae, as a production engineer and operations manager. Dylan Kreis is a Chemical Engineer, graduated from the University of Queensland, Brisbane Holding a prior bachelor’s degree in information systems obtained from Australia Catholic University. He gained Information Systems experience working for IBM for close to a decade.
He is a passionate and solutions driven leader providing attention to industrial and economic efficiency and effectiveness in alga cultivation and harvesting. He has a genuine focus on customer service listening to customers’ needs and desires. He has extensive knowledge in cryptocurrencies and various blockchain technologies.
Dr Skye Thomas-Hall
CTO
Skye
Dr. Skye Thomas Hall is a co-founders of Algae Token. Since 2012 Dr Thomas-Hall has worked a casual position at the University of Queensland as Team leader of the Algae Biotechnology supervising a number of PhD, Masters, Honours and undergraduate students, all working on algae production/processing. In this role he provides guidance and experience in all aspects of research into algae biology, physiology and bio-processing. Skye has over 66 publications (h-index 26) and a seminal paper on algae with 2,544 citations. The majority publications focus on algae production and potential products from microalgae.
In 2013 Dr Thomas-Hall co-founded the bioreactor company “Pure Biomass LLC” based in San Diego USA. This company has helped set up over 30 small scale projects in hatcheries, university operations and several larger companies, primarily based in northern America and Australia.
Since 2014 Dr Thomas-Hall helped design, build and has run the low cost, low energy, Solar Algae Energy Farm at UQ. This system is completely off the grid and relies on solar power and water from the tidal local river.
