Token Rewards

Each TQX token reward represents a metric tonne (2,204.6 lbs) of avoided carbon emissions. Our current algorithm assumes that 1 mile of clean commuting offsets 1 pound of carbon because a car that averages 20 miles per gallon generates 1 pound of carbon per mile. Hence, one TQX token equals 2,204.6 miles of Clean Commuting.

Our overarching goal is to catalyze a Clean Commuting movement by crowdsourcing an enormous pool of TQX carbon offsets that can be purchased by organizations seeking to reduce their carbon offsets or meet ESG or CSR goals and then be paid directly to users who generate TQX.