Ash Elements | PositiveBlockchain.io

Short Description

  • An Asset Back Token (ABT) that captures the value of rare earth minerals in coal ash in the form of mineral rights, turning an unattractive liability into environmentally responsible asset.

Long Description

Ash Elements Mission Statement

The mission of Ash Elements is to turn an ugly liability into an attractive environmentally responsible asset.

Ash Elements is an Asset Back Token (ABT) that captures the value of rare earth minerals in coal ash in the form of mineral rights. Rare Earth Elements are referred to as vitamins for metals and electronics without which our high tech world ceases to exist. These mineral rights for premium coal ash basins are secured by a holding company through which mining or refining company can redeem ASH tokens

Rare earth mineral rights to particular sites under contract. Each Ash Token is contractually tied to 1 metric ton of fly ash.

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Additional Details

  • Number of beneficiaries impacted:
  • SDG#:12, 15
  • Whitepaper:Read on website
  • Stage:early-stage
  • Organization Type:start-up
  • Founders:Tom Friend
  • Token:ASH
  • Creation Year:2017
  • SDG#:12, 15
  • Whitepaper:https://www.ashelements.io/files/AshElements_Whitepaper.pdf
  • Short Description:an Asset Back Token (ABT) that captures the value of rare earth minerals in coal ash in the form of mineral rights, turning an unattractive liability into environmentally responsible asset.
  • Stage:early-stage
  • Organization Type:start-up
  • Founders:Tom Friend
  • Token:ASH
  • Creation Year:2017
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