Sign In  |  Register  |  About Walnut Creek Guide  |  Contact Us

Walnut Creek, CA
September 01, 2020 1:43pm
7-Day Forecast | Traffic
  • Search Hotels in Walnut Creek Guide

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

New Fintech Startup Oleaster Brings Trees To The Decentralized Age

United States - August 11, 2022

In a bid to diversify and offer multiple green assets investments, a new fintech startup leads the charge in transforming green resources (TREES) into liquid, tradable assets generating yearly returns paired with carbon credit.

People should not be forced to choose between investments that pay generous returns and supporting the environment. Oleaster brings a game-changing way to do just that. 

Oleaster is a United States-based fintech startup that gives unparalleled access and liquidity to premium green assets (TREES). Fares Mabrouk, a co-founder, says Oleaster tokenizes trees and ESG assets as it enables new forms of investment in nature.

"Oleaster serves as the excellent blend of making money work for people while supporting nature's rhythms of growth and harmony and offset carbon footprint," says Fares. 

Oleaster's proprietary algorithm picks the most unique, profitable, and remarkable trees among promising markets. The team implements a certified and third-party audited management system that guarantees effective tree management, carbon credit valuation, and tax optimization.

Oleaster then links these real, natural assets to a token deployed via a smart contract on Polygon Blockchain, the first carbon-negative sustainable blockchain platform.

The idea of establishing such a game-changing platform came to mind after social isolation imposed by COVID-19 fueled Oleaster founders Fares MabroukMicael Memmi, and Skander Ben Hamda to reflect on a new future. They sought to bring a new paradigm that links investors to unique and passionate producers. Today, Oleaster aims to become a global game-changer by introducing a new way to consider investments so that funds bring knowledge, impact, and profit. 

"We envision a world where retail investors can own, trade, and get returns from remarkable trees operated by passionate producers. As investors earn from nature, they learn from it. As they generate profits, they contribute to a better planet and allow unique producers to develop and expand," the Oleaster team states.  

Customers can select the properties they want to invest in and the number of trees they want to hold. Producers will continue to manage trees on their behalf. They follow the year-long cycle of the tree and get an annual return paired with carbon credit.

Oleaster has pre-selected and ranked 670+ out of 2000+ olive groves producers based in the Mediterranean region. It has selected 20 top candidates per country, starting in Spain and Italy, and will include Greece, Portugal, and France. The team conducts site visits and performs due diligence.

The team behind Oleaster checks the business model, profitability, historical data, and social and environmental impacts. It eventually contracts the most promising and relevant partners for tree tokenization, giving investors access to the most distinguished high-end olive oil producers in the world. 

While the first issuance will include high-end and award-winning olive properties in Spain, Italy, and France, upcoming issuances will diversify products with new tree types that will include avocado, cacao, Macadamia, and Date palms, and other natural resources like Beehives and solar panel.

Customers can get early access and become part of an exclusive community by signing up via the website. Others who wish to learn more about Oleaster and its bid to bring trees to the decentralized age may check out its social channels for more information. 

Contact Info:
Name: Fares Mabrouk & Skander Ben Hamda
Email: Send Email
Organization: Oleaster
Address: United States
Phone: +1 (415) 818-0333
Website: http://oleaster.co/

Release ID: 89079717

If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 WalnutCreekGuide.com & California Media Partners, LLC. All rights reserved.