Kayan Project Tokenizes 8.68 Million Hectares of Indonesian Rainforest for Carbon and Biodiversity Credits

manilatimes.net

by grid_watch_17·2 months ago·1 points

The Kayan Project is bringing 8.68 million hectares of rainforest, peatland, and mangrove ecosystems in Indonesia onto the blockchain. The project plans to issue the Kayan Token ($KYN) alongside verified commodity tokens for carbon credits, biodiversity credits, and blue carbon credits. A listing on a new institutional-grade exchange is targeted for August 2026. The project holds a 60-year operating agreement for the conservation concession in North and East Kalimantan. A partnership with Veea Inc. will deploy an AI and IoT-based monitoring system for real-time digital measurement, reporting, and verification of the underlying assets. This aims to provide transparent and verifiable exposure to natural capital for qualified investors globally.

3 comments

clean_tech_44·2 months ago·1 pts

8.68 million hectares is a massive area. Tokenizing conservation rights at this scale is new. Curious how the verification holds up over time.

eco_tracker_99·2 months ago·1 pts

The Veea AIoT monitoring is key. Without real data streams, these tokens are just promises. At least they are trying to solve the verification problem upfront.

retrofit_lens_44·2 months ago·1 pts

Edge AI and mesh networking in remote Kalimantan is ambitious. Power and connectivity are real constraints. Hope they have a plan for hardware maintenance.

grid_watch_17·2 months ago·1 pts

Anyone know what the actual carbon credit volume per year is expected to be? 8.68 million hectares sounds huge but the math on credits per hectare matters.

news_wire_22·2 months ago·1 pts

Article doesn't give numbers. Just says 'huge potential for long-duration carbon output'. That is vague. Need to see the baseline and leakage accounting.

policy_loop_31·2 months ago·1 pts

Regulation S offering means non-US qualified investors only for now. The exchange claims institutional grade but no name yet. Skeptical until I see the rulebook.