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!!!wiki.include:talamanca_intro
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# Talamanca Landbank
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!!!youtube id:ZXsJIfEXhrQ
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Meet [Jennifer](https://www.threefold.io/aci/people/jennifer_long/), the driving force behind the project.
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## The BHAG
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- Acquire or have access to +10 Billion m2 of land with as purpose to protect
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- The land is a backing asset for the security token (not in all cases)
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- There will be cases where landowners only will allow us to use the land for certain purpose e.g. revenue share on carbon credits, ...
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- So in that case we would not own the land, but can collaborate to provide protection & farm at least carbon credits
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- The land has multiple purposes
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- the land protects area's which need protection
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- the land harvest carbon credits
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- the land sometimes can be used by conscious communities (free) who then have to bring added value to the land & protect as well
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- the land sometimes can be used to organic farming in form of "food forests"
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- The project is a non for profit initiative !!!
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## Business model
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- the land is backing for security token, provides security
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- the land grows food (sometimes)
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- the land farms carbon credits (always)
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- the income of the food/carbon credits are used to acquire more land -> this leads to appreciation of the land tokens
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- 10% of incoming proceeds -> for operations of the structure.
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## History
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- we started the project a while ago, and most has been prepared.
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- after initial funding we can go ahead and organize our first security token offering.
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- today +700.000.000 m2 land visible to be part of project (as collaboration for carbon credits) and +10m land for owning.
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## The current plan
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- 500k initial funding (funding needed to conclude on security token offering)
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- organize security token offering (first for accredited investors only)
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- get [a reg A certificate](https://www.sec.gov/smallbusiness/exemptofferings/rega), to allow public offering to everyone
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- organize an fundraise together with some partners (aligned, costs +-200k USD).
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- first fundirase 20-100m USD.
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## Structure
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- company not setup yet
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- multiple locations have been evaluated for the holding structures, this will be executed once the first 500k funding is available.
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- 100% of the uderlying structures will be owned by ACI, in the spirit of non for profit.
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## More info
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- [our original whitepaper, needs to be updated](talamanca.pdf)
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- [info on our original website from incubaid](https://www.incubaid.com/talamancalandbank.html)
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```charty
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{
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"title": "Profile",
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"config": {
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"type": "rating",
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"labels": true,
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"numbers": true,
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"groups": 5
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},
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"data": [
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{ "label": "High Tech", "value": 1 },
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{ "label": "Sustainability", "value": 5 },
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{ "label": "Product Ready", "value": 1 },
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{ "label": "Market Traction", "value": 1 },
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{ "label": "Sales Focus", "value": 0 },
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{ "label": "End User Focus", "value": 1 },
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{ "label": "Future Value", "value": 5 }
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]
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}
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```
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!!!wiki.include:tsc:carbon_toc
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