Although 'BCT' was the ticker assigned at the deployment of the Toucan Protocol: Base Carbon Tonne Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'TOUCANPROTOCOL' has been adopted for this token. This designation ensures that assets are distinctly identified.

Toucan is building technology to move carbon credits onto open blockchains. It all starts with carbon credits. These represent a project’s planet-positive impact and are issued by standards bodies like Verra and Gold Standard.

A Base Carbon Tonne is a fungible carbon token backed by a 1:1 verifiable link to carbon credits in a supported registry. Given BCT’s deep liquidity, it’s well-suited as a new building block for DeFi, DAOs, NFTs, and the metaverse.