Transfer from Verra

Next, the carbon credits to be tokenized are transferred from a traditional carbon registry to a bankruptcy proof SPV and the unique identifier of the BatchNFT is included in the transfer note. By including this unique identifier in the public registry, we create a permanent link between the transfer of beneficiary ownership and the NFT. For this step, you need to have a registry account or work with someone who does. If you don't have access to a registry account, you will need to work with someone who does. It is critically important that you or the Verra account holder follow these instructions carefully, or you may make mistakes that lead to irrevocable loss of funds / carbon credits, for which Buckmint is not liable.

Transfer from Verra

Caution!!! You must only transfer credits from the same project AND vintage in a single transfer event. In no case can you transfer credits from different projects or vintages in the same transfer event! So if you have credits from Project A from 2017 and 2018, these must be transferred in separate events! Furthermore, you must include different beneficiary owership details for these different transfer events. You will need to work with the person transferring the credits for you to provide enough Buckmint transfer details for each transfer event. DO NOT TRANSFER CREDITS FROM DIFFERENT PROJECTS OR VINTAGES IN THE SAME TRANSFER EVENT!! Next, you'll transfer the batch of carbon credits you want to bridge from the Verra registry. It is critical that you include the information provided by Buckmint when you submit the transfer process, including:

  • the Beneficial Owner: the Ethereum address (SPV) that initiated the batch bridging process,

  • the Transfer Reason: "Other",

  • the Transfer Detail: a string containing the Buckmint batch NFT ID.

  • Also check two boxes: Make Account Name, Beneficial Owner, and Transfer Reason Public and Make Transfer Reason Details Public.

  • Include a link to this section — Instructions for Verra account holders.

Notice how the code Buckmint provides to include as the transfer detail includes a hexadecimal number. This is the transaction hash of the "mint empty batch" transaction, meaning it is connected to the Ethereum address that initiated it, the NFT contract and the token ID.BUCKMINT-1.0-137-0x39068bed8fc828b4759289af9f91c98a1f1994f450088ba7b49bb6474cff8132-138https://polygonscan.com​ Including this information in the transfer event creates a unique, one-to-one link from the batch transfer from the source registry and the batch NFT on chain.

Instructions for Verra account holders

  1. Log into your Verra account. (If you are using the EMA interface for Verra, that is ok as well).

  2. Go into the account where you are holding the credits to be transferred In “Transfer Quantity” on the right, input the number of credits to be transferred, and check the box for “Add Batch.” DO NOT select credits from different projects, or from the same project but different vintages.

  3. Go to the top left and make sure the total number to be transferred matches what you inputted, and hit the “Batch Transfer” button.

  4. In the transfer interface, select the “Another Account Holder” radio button.

  5. Input in the exact details provided by Buckmint.

  6. Check the boxes to make all information public.

  7. In the “email notifications” section, make sure to include [email protected] among the emails you send confirmation to. (This is important!!)

  8. Send the serial number of the transferred credits to (the person using) the Buckmint Carbon Bridge.

Initiating a transfer in the Verra account interface. Project Type and Vintage values MUST be the same to check "Add Batch".
Input the details provided by Buckmint in the appropriate fields here, and check the right boxes!

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