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EAAS
App
Token
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ESG

What is EAAS Global?

EAAS stands for “Energy as a Service.” EAAS Global is a data company that gives individuals easy, transparent, and rewarding ways to fight climate change by avoiding CO2 emissions in their daily lives.

How does EAAS Global make money?

EAAS Global makes money by claiming carbon credits based on the data you have created and we have verified with ZKPs. We sell these carbon credits on carbon markets and share the profits with you by buying back $EAAS tokens from time to time on cryptocurrency markets.

What is the EAAS legal framework?

The EAAS legal framework is a collection of goals we have identified in high-level ESG policy frameworks like the Paris Agreement. We map the ZKP verifications of your CO2 avoidance data to these goals. This way, the carbon credits we claim are of the highest quality.

What is the EAAS app?

The EAAS app is a tool for individuals to track the ways they are avoiding CO2 emissions in their daily lives.

How do I get started with the EAAS app?

Simply download it for Android here or Apple here. You can start using the app by registering your email address. You can do more in the app by registering a few personal details and/or connecting an EAAS DePIN meter to your electrical system.

Why should I use the EAAS app?

By tracking your avoidance of CO2 emissions, you can see exactly how much you are contributing towards high-level environmental protection goals set out in ESG policy frameworks like the Paris Agreement. You can also earn tokenized rewards tied to your CO2 emission avoidance! 

What is the $EAAS token?

The $EAAS token is a cryptocurrency token EAAS Global uses to reward you for avoiding CO2 emissions.

How do I earn $EAAS tokens?

You can earn $EAAS tokens by tracking how you are avoiding CO2 emissions in the EAAS app. Specifically, you can complete sustainability quizzes, track green behavior like biking to work, and measure electricity consumption or generation if you connect the EAAS DePIN meter to your electrical system.

How many $EEAS tokens can I earn?

It depends on how active you are in the app (completing quizzes and tracking green behavior) and how much electricity you are using or generating (after you connect the EAAS DePIN meter to your electrical system). The more data you create with the app, the more $EAAS you earn!

What can I do with $EAAS tokens?

You can save them, donate them to whomever you like (for example, environmental NGOs), or sell them on a cryptocurrency exchange where $EAAS is listed. EAAS Global will occasionally buy $EAAS tokens back on cryptocurrency exchanges!

Does EAAS Global own the data I create in the EAAS app?

No. In the spirit of Web3, the data you create stays on your device. We just need to know that the data is there. We confirm that it is there using zero-knowledge proofs (ZKPs).

What are ZKPs?

Zero-knowledge proofs, or ZKPs, are blockchain algorithms for proving that data exists. Thanks to ZKPs, we can verify that you avoided CO2 emissions without needing to know much else about you.

Is EAAS Global going to share my personal details with other people?

Zero-knowledge proofs, or ZKPs, are blockchain algorithms for proving that data exists. Thanks to ZKPs, we can verify that you avoided CO2 emissions without needing to know much else about you.

What are carbon credits?

Carbon credits are essentially permissions to emit CO2. Organizations who have avoided CO2 emissions claim carbon credits from certifying bodies and can sell these credits to other organizations that want to lower the carbon footprint without directly avoiding CO2 emissions. One carbon credit typically represents 1 ton of CO2 emissions avoided.

What are carbon markets?

Carbon markets are mechanisms (usually created by regulatory bodies) for trading carbon credits.

Want more details? Check out our documentation and our FAQ section.

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