$TREE It seems there are a few different projects using the name "Tree Coin" or a similar name, which can be a common occurrence in the cryptocurrency space. Here's a breakdown of the key concepts and projects associated with "Tree Coin":
TreeCoin (Carbon-backed tokens)
* Core Concept: This project focuses on using a cryptocurrency token (called "Treecoin" or "TREE") to represent carbon sequestration. The idea is to monetize the work that trees do in absorbing carbon dioxide from the atmosphere.
* How it Works: Growers who plant and care for trees can have their carbon drawdown measured and verified using