Pest Free Token is a charitable project utilising blockchain technology to help New Zealand become predator free by 2050.
About Pest Free Token
We deploy traps, fund pest eradication initiatives, and raise community awareness.
The Problem? Without technology, our native birds won’t survive.
Approximately 50 native birds die every minute of every day. At that rate, future generations will not recognise the sights and sounds of our precious wildlife, including tūī, kererū, and kākā.
We must think differently if we are going to tackle our nation’s problem with predators, like possums, stoats, and rats. An innovative approach is necessary.
The Solution? PFT; New Zealand’s first charitable cryptocurrency
The project has two elements; PFT pest traps, and PFT crypto tokens.
Our cryptocurrency, the Pest Free Token (PFT), is a deflationary token with a 3% tax. That tax is distributed between holders, liquidity, and the Pest Free Token Trust - with 100% of trust funds being used for pest eradication.
In addition to our token, our charity builds and distributes physical pest traps (called PFT traps). Our mission is to get a PFT trap in every suburb of New Zealand. When someone catches a pest in their trap, we will reward them with free PFT crypto tokens (simply scan the QR code on the top of the trap). This incentivises catching pests and gamifies the project. It also gives our cryptocurrency real world application. The Pest Free Token is New Zealand’s first charitable cryptocurrency. We are pioneering the use of this technology in New Zealand’s charitable space.
💫 Team Values: Transparency, Community, Integrity, and Service.
Pest Free Token was born out of a founder’s problem – What more can we do to save our native birds? The global crypto market is huge. If a small percentage went to pest eradication it would change the game. The Pest Free Token project launched in April 2022 with the sole purpose of helping New Zealand reach its 2050 predator free targets. The project was founded by Wellington Lawyer, Patrick Abel, and Wellington IT specialist, Alex McGregor. After launch, Harrison Bissell and Harry Satoshi joined. All four are avid pest trappers and crypto enthusiasts. 100% of the project’s profit goes to pest eradication. The team take no wage to make sure the project can have a greater impact. Learn more about the team as well as the awesome companies who support us here: www.pestfreetoken.co.nz/team.
Progress and Traction
We launched in April 2022 after almost a year of testing and development. Our token, impact and community continues to enjoy steady growth since.
💥 190 token holders and 1,270 transactions (accessible via PancakeSwap
Exchange | PancakeSwap
The most popular AMM on BSC by user count! Earn CAKE through yield farming or win it in the Lottery, then stake it in Syrup Pools to earn more tokens! Initial Farm Offerings (new token launch model pioneered by PancakeSwap), NFTs, and more, on a platform you can trust.
💥 247 traps deployed in 106 suburbs with 211 pests caught
💥 Funded the rebaiting of almost 10,000 traps in the Ruahine Ranges and have stoat protected 1,400 meters of river in Gisborne. 💥 Donated $3,000+ to pest eradication
Want to see the latest stats? Click below for:
We are working on a business case to move our project further onto the blockchain.
This would include having trap deployments, catches, and reward payments added to the blockchain for transparency and automation. If we want to become predator free by 2050 we must utilise technology, and this innovative move has wider application potential for New Zealand.
This move would likely see us shift from the Binance Smart Chain (BSC) to the Polygon chain. Polygon offers smart contracts that are feature rich enabling seamless integration between Web 3 and the blockchain, including dApps. This opportunity will take the Pest Free Token project to a new level in technology and blockchain usage.
If you’d like to contribute to our project please contact us at email@example.com.
The Web3 Opportunity
Web3 offers a level of transparency and automation not previously possible. Being a charitable project, transparency is a big factor for us. The success of our charitable Web3 utilisation can be replicated to other projects.
New Zealand’s Web3 Superpower
New Zealand’s superpower is its ability to deliver outside the box thinking and challenge the status quo. The ecosystem requires further support for small projects with legitimate purposes.
Looking to get involved in the joyride of learning and building in Web3?
Whether you are a founder, creator or a curious soul wondering what Web3 has to offer, the Web3NZ community is a peer to peer learning platform and connection ecosystem that encourages and supports anyone who would like to learn, collaborate and innovate in Web3 🚀
- NZ Location: Wellington
- Website: www.pestfreetoken.co.nz
- Current Stage: Live and building. Launched 10 April 2022.
- Seeking Investment Round: N/A
- Founding Team: Patrick Abel, Alex McGregor. Later added: Harrison Bissell and Harry Satoshi.
Connect with Pest Free Token
👤 Co-Founder: Patrick Abel Patrick is a lawyer with national and international experience in charitable endeavours. He runs one of Wellington’s largest traplines and spends much of his spare time outdoors tramping, hunting, or fishing. He has been involved in crypto since 2019 and sees PFT as an innovative way of doing good.
👤 Co-Founder: Alex McGregor
Alex is an IT professional with many years industry experience working for charities, organisations involved in pest eradication, and large corporates. He became involved with crypto nearly 5 years ago and sees this project as a way of combining several of his passions for the benefit of New Zealand.
👤 Director and Trustee: Harrison Bissell
Harrison loves a chat and a good cause. Coming from adventure tourism and ski industries, he’s spent countless hours in the mountains and bush, both in NZ and abroad. With an Economics degree under his belt, he reckons it doesn’t take a genius to see the potential benefit PFT offers to NZ’s great outdoors.
👤 Consultant: Harry Satoshi
Harry is a Christchurch based social entrepreneur and hunter dedicated to empowering New Zealand reach its 2050 Predator Free goal. He passionately believes in the potential of decentralized currency and its utility for charity, and knows his vast expertise will strengthen our quest to save native birds.