TCO2token contracts still carry all the attributes and metadata of the NFT, making them specific to a given project and vintage. This is crucial because voluntary market carbon credits trade at very different price points due to credits of a certain type or with specific attributes being more sought-after than others. This system guarantees that a soil carbon project with additional certification can be priced higher than a large-scale renewable energy project.
TCO2tokens are not very liquid. While in the example above it makes sense to discriminate between the two tokens, what if we want to create a liquid market for soil carbon where all soil carbon credits are treated equally? This would allow deep liquidity to be aggregated, key for fair and efficient price discovery for a specific type of carbon asset—something we are struggling to find in the "real world".