$FIX

$FIX is our in-house membership utility token (<50M in circulation) of Finamatrix.NET with special access to Singapore #1 THOR-REGEN™ safe-nuclear with algae-bioremediation, #1 EVES ENERGY algae-biotech R&D corporation of Singapore, rare earth elements of Mongolia, the NFT portfolio of Finamatrix-ART, and more. Once arrangements have been confirmed, qualified members with $FIX will be offered a private swap for public shares. The price of $FIX is a function of limited supply and growing demand, and can be negotiated between members. In the future, we will explore $FIX representing quantifiable, verified units of clean electricity generated and/or carbon emissions sequestered. This approach delivers tangible, data-driven, and regulatory-aligned value to token holders while allowing Finamatrix to innovatively finance and measure its environmental impact for both energy and carbon markets.

“Throughout the lifecycle of algae oil, the CO2 emitted is surpassed by the CO2 absorbed during the algae’s growth phase, rendering the process carbon-negative. On average, each ton of algae biomass requires 1.8 tons of CO2 for growth, while every ton of combusted algae oil offsets 2.2 tons of CO2. Hence, an increase in algae oil usage means a greater absorption of CO2 from our atmosphere. In terms of cost and CO2 efficiency, algae technology is unparalleled,” articulates Dr. Lanz Chan, Ph.D., Research Scientist.

CRUDE ALGAE OIL PRICES vs PALM OIL:

1-Apr-2022: US$1381/MT
1-Jul-2022: US$1269/MT
1-Oct-2022: US$1221/MT
1-Jan-2023: US$1266/MT
1-Apr-2023: US$1118/MT
1-Jul-2023: US$1144/MT
1-Oct-2023: US$1139/MT
1-Jan-2024: US$949/MT
1-Apr-2024: US$964/MT

Look out for more updates in 2024!

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Note: Tokenization (data security) in the form of a token or cryptocurrency contains valuable information that is transferred on a secure decentralised network, ledger or database. This results in non-editable output on a network of computers, ad infinitum, and crypto value that fluctuates based on the information being transferred.

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