IXO is a revolutionary crypto project that establishes an open standard for generating verifiable claims about changes in the condition of the world. This standard serves as the foundation for impact creators to mint tangible Impact Tokens as part of the growing Non-Fungible Token (NFT) sector. IXO's primary goal is to alter fundamentally the global state by redefining how we finance, implement, measure, value, and create sustainable markets. It has vast implications for social, environmental, and economic development, as well as Climate Finance and Carbon markets.
Sustainable Decentralised Finance (Sustainable DeFi)
IXO's innovative approach emphasizes Sustainable Decentralised Finance (Sustainable DeFi). By leveraging DeFi, IXO aims to establish an Internet of Impact that can fuel applications capable of verifying impact. This method instigates a metamorphosis in the financing of sustainable impact, one that could change the state of the world for a better future.
Community Currencies and the Internet of Impact
IXO enables the implementation of community currencies through the Internet of Impact. These currencies have the potential to drive results towards local social and economic development objectives in ways that are inclusive, locally governed, low-risk, and sustainable. This system opens up a multitude of opportunities for innovation, including new use-cases, forms of economic production, incentive schemes, investment mechanisms, and economic models centered on community sustainability and local resilience.
Impact Tokens and their Value
IXO's Impact Tokens are a vital part of the project, signifying units of value initiated through the Internet of Impact. Each Impact Token represents a tangible outcome state that people value, are willing to invest in, work towards, or spend money on. As such, Impact Tokens are set to become the new standard for measuring, verifying, reporting, and placing value on impacts through marketplace mechanisms.
Internet of Impact: Accessibility and Trust
The Internet of Impact networks created by IXO will provide people everywhere with access to credible information and the financial tools they need to invest and spend more sustainably. This platform will also offer a means to hold public finance accountable, as mandated by the UN Task Force on Digital Finance for the Sustainable Development Goals.
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