Social Decarb UK Launches £750,000 STO to Combat Fuel Poverty and Reduce Carbon Emissions
TL;DR
Investment in SDUK Security Token Offering promises high returns, up to 20% per year for 3 years.
SDUK will reduce carbon emissions by 4.5M/t through the delivery of EndoTherm energy saving technology to 1.5M UK rental homes.
SDUK's initiative aims to alleviate fuel poverty and reduce carbon emissions, creating a sustainable and healthier environment for disadvantaged tenants.
SDUK's blockchain-powered initiative merges sustainability with social impact, offering a rare combination of financial return and positive social and environmental impact.
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Social Decarb UK (SDUK) has announced a £750,000 Security Token Offering (STO) aimed at reducing carbon emissions and addressing the fuel poverty crisis across the UK's rented homes sector. The blockchain-powered initiative promises to merge sustainability with social impact, targeting a reduction of 4.5 million tonnes in carbon emissions.
The project focuses on the private rental housing sector, where millions of UK homes are currently classified as being in fuel poverty. SDUK's program aims to deliver EndoTherm energy-saving technology to gas boilers in private rental housing, reducing energy costs by 15% at no cost to tenants, landlords, or through government subsidies.
Investors in the STO can expect returns of 15% to 20% per annum over a 2-3 year period, with a minimum investment of £250 and a maximum of £10,000. The SDUK tokens will generate premium high-integrity UK-issued carbon credits, which are expected to be sold at a premium on the Voluntary Carbon Market due to their basis in STEM methodologies and integration into the UK housing stock.
The initiative's significance lies in its dual impact on both environmental and social issues. By targeting the reduction of carbon emissions and simultaneously addressing fuel poverty, SDUK's approach offers a unique solution to two pressing challenges facing the UK. The project's use of blockchain technology and tokenized finance also represents an innovative approach to funding and implementing large-scale sustainability initiatives.
SDUK's model fully funds energy-efficient installations and captures the resulting carbon savings as high-integrity carbon credits. This approach is designed to enable the project to scale up to 5 million homes within the next five years, potentially leading to significant environmental and social benefits across the UK.
The launch of this STO could mark a significant step forward in the use of blockchain and tokenization for sustainability projects. If successful, it may pave the way for similar initiatives in other sectors or countries, potentially revolutionizing how environmental and social impact projects are funded and implemented.
Curated from BlockchainWire
