An Important update from the toco team

Dear toco community. After much reflection, we’ve made the difficult decision to shut down operations at toco. This is not a decision we’ve taken lightly. Over the past 3 years, we’ve worked tirelessly to build a future-focused, climate-aligned currency, and it’s a vision we still believe in deeply.

While our belief in the mission remains strong, we did not achieve the traction we needed in the regions we launched, and persistent mistrust in carbon markets made it hard for many to place confidence in a currency backed by carbon mitigation. These realities mean we cannot responsibly continue operations.

We want to inform everyone who purchased toco that you will have until the end of September to sell** your toco via the mobile application/web app.

Our mission, to align economic activity with planetary regeneration, remains unchanged. While this chapter is closing, we hope others will build on what we’ve started. To that end, we’ll be publishing a whitepaper, along with supporting data and documentation, in the coming weeks on TheCommonDoctrine.org.

To every merchant who welcomed toco at the till, and to every user who paid, shared, and advocated; thank you. Your courage and goodwill turned a concept into a lived experiment, from a small town in South Africa, to Switzerland and Denmark. The lessons are real, the community is real, and the impact of your intent remains.

If you have any questions, please tap the 'Chat with us' button in the app or email us at compliance@tocos.org.

With gratitude and hope,
The toco Team


*Incentive/gifted toco is excluded.
*As a regulated and supervised entity, we are responsible for collecting KYC-related documents, and we may request this as part of the sell request.