Climate startup Future becomes first to pay members to reduce carbon emissions with Futurecoins™
Future, the fintech company that is revolutionizing the way we combat climate change, has announced the launch of its new rewards program, FutureCoins. This groundbreaking program allows consumers to earn money by reducing their carbon footprint, making it easier and more rewarding than ever before to make climate-friendly choices. FutureCoins will serve to disrupt carbon markets by paying people directly for carbon reductions.
Each FutureCoin is equivalent to one metric tonne (1,000 kg) of carbon saved, and will launch with an initial starting price of $90 per tonne, which is thirty times the average price paid for carbon in the voluntary market. Users can earn FutureCoins by completing various missions, such as switching to an electric vehicle, opting for public transit instead of driving, saving on gas and electricity, or purchasing refurbished rather than brand new electronics.
Future is best known for its FutureCard Visa® Debit Card, a climate-first debit card that rewards users with up to 6% cashback on actions such as taking public transportation, electric vehicle charging, using e-bikes and/or scooters, shopping for second hand clothes and furniture, and opting for meat and dairy alternatives at the grocery store*. FutureCoins will serve as the latest addition to Future's outsized rewards for consumers for smart, conscious spending that's better for their wallet and better for the planet.
"At Future, we are always looking for exciting ways to encourage climate-friendly consumption, and that began with offering generous cashback to our FutureCard members," explained Future Co-Founder and CEO, Jean-Louis Warnholz. "We're taking rewards to the next level now with FutureCoins, building on our novel carbon analytics tools, to give consumers extra credit for actions that matter the most."
To celebrate the launch of FutureCoins, Future will be offering free electric vehicle charging today, February 2nd. FutureCard members can take advantage of this offer when they utilize EV charging networks nationwide (e.g., Electrify America, ChargePoint, Tesla Supercharger, EVgo, Blink Charging). To learn more about FutureCoins, visit https://www.future.green/futurecoins.