How to Buy $BCT — Dare to DeFi

Andrew Bakst
6 min readNov 17, 2021

By The Hungry Giraffe, The Angry Lion and Andrew Bakst

Carbon just became an investable asset, which is a huge deal because it literally let’s us solve climate change from our couches. As the price of Carbon goes up, climate change goes down. That’s how incentives work.

However, buying Carbon today is still not quite as easy as clicking a button in Robinhood. It’s currently only investible through decentralized finance — you have to custody your own assets, which means it’s more work than through using third-party custody solutions like Robinhood or Coinbase. Eventually, you’ll be able to hold your Carbon through these third-party solutions, but at that point its price will probably be a lot, lot higher. Friction is opportunity.

Step 1 — Set Up Your Wallet

Download the MetaMask Browser Extension

It doesn’t matter which browser you do it on, but I’d recommend Chrome or Firefox. The logo is a fox. Link for the chrome version here.

Write Down Your 12 Words

This is very, very important. Do it on a piece of paper. If anything goes wrong where you lose access to your wallet — i.e. you’re laptop breaks or you forget your Metamask passport — and you don’t have your 12 words, then you lose everything. Scary, I know. With great power comes great responsibility.

But Don’t Let Anyone Find Them

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Andrew Bakst
Andrew Bakst

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