Polygon
NCT is Toucan's curated pool of nature-based carbon credits: only forestry and land-use projects meeting the pool's acceptance criteria, making it the quality tier above the base carbon pool. One token equals one tonne of CO2. Prism verified the Polygon contract, its open transfers and an executable route.
The nature-based sibling of BCT: forestry and land-use carbon.
Prism analyst note
NCT sits between BCT's bulk credits and CHAR's premium removals: nature-based projects only, trading at about 3x BCT. Volume is minimal, so it is a patient-money instrument. As the curated tier of the original on-chain carbon stack, it is the natural middle allocation for anyone building a carbon basket on Prism.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Nature-based (forestry / land-use) carbon credits, 1 tonne CO2 each
- Legal structure
- Tokenized carbon-credit pool (Verra nature-based projects) via Toucan
- Jurisdiction
- Registry-governed (Verra)
- Administrator
- Toucan Protocol
- Reserve information
- Every NCT is redeemable against a specific bridged credit in the pool; the registry link is preserved on-chain.
- Transfer restrictions
- Freely transferable ERC-20, verified by simulation.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
- Feb 1, 2022
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Documents & disclosures
Frequently asked
NCT vs BCT: which one?+
BCT accepts any qualifying credit and prices lowest; NCT restricts to nature-based projects and prices higher. They are tiers of the same Toucan infrastructure.
