Thailand's first carbon token just dropped—$BGT (Blu Green Token) promising 10.35% IRR.
But here's the catch: only 3% is actually guaranteed.
That extra 7%? Completely tied to whether they can sell mangrove carbon credits as planned. And the backstop? DITTO themselves—the same entity selling you the token.
The setup:
• Public sale July 3-13 at 1.20 baht
• 480M baht raise
• Backed by 17,531 rai of mangrove forest in Rayong
• 7-year project lifespan
• Retail cap: 300k baht max, 1,200 baht min
Translation: The shiny 10.35% is a projection. The real commitment is 3%, and even that backstop is only as strong as DITTO's balance sheet.
So ask yourself: Is this alpha or just fancy marketing waiting to get reality-checked?
But here's the catch: only 3% is actually guaranteed.
That extra 7%? Completely tied to whether they can sell mangrove carbon credits as planned. And the backstop? DITTO themselves—the same entity selling you the token.
The setup:
• Public sale July 3-13 at 1.20 baht
• 480M baht raise
• Backed by 17,531 rai of mangrove forest in Rayong
• 7-year project lifespan
• Retail cap: 300k baht max, 1,200 baht min
Translation: The shiny 10.35% is a projection. The real commitment is 3%, and even that backstop is only as strong as DITTO's balance sheet.
So ask yourself: Is this alpha or just fancy marketing waiting to get reality-checked?