DePIN

DePIN × Carbon Credit

What is SIORA?

The SIORA project is a cryptocurrency with a long history that has been working on carbon dioxide reduction since 2018. Cardano will launch a carbon dioxide reduction platform in 2022, so you can see how long SIORA has been around. SIORA’s core competencies are wireless charging and wood biomass, and through the popularization of these, it is working to improve the global environment.

DePIN × Carbon Credit

DePIN (Decentralized Physical Infrastructure Network) is a sharing economy that utilizes tokens. In SIORA, users can earn rewards by providing data on wirelessly charging their vehicles. In addition to wireless charging, users can also earn rewards by providing environmental data such as woody biomass and carbon credits. Carbon credit users can also use SIORA tokens to exchange for carbon credits. This is a noble initiative that allows users to earn rewards and also leads to the improvement of global environmental issues.

SIORA announced these principles as a token economy in 2020, but this time it has been renewed as DePIN by incorporating carbon credits.

SIORA aims to increase liquidity through the token incentive of earning rewards through DePIN, and to dominate the global market through technological innovations such as wireless charging and improvements to the global environment.