KlimaDAO increases carbon offset stash by 50% in two months
The carbon offset accumulating DAO on Polygon has rapidly increased the amount of offsets it has in its treasury by increasing spending and diversifying its source of offsets. Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional carbon offset industry.The aim of KlimaDAO is to acquire as many carbon offsets as it can in order to drive up their value and make offset-generating activities more profitable.The Mark Cuban-backed project’s treasury has added over 5 million carbon offset tokens since late Nov. 2021,....
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The billionaire investor believes DeFi degeneracy can be harnessed for the purpose of environmental social governance. Famed billionaire and reality TV star, Mark Cuban, has revealed he is using blockchain technology to lock up carbon offsets on the Polygon network.In a Nov. 13 Twitter thread sharing a Cointelegraph story on KlimaDAO, the billionaire blockchain enthusiast stated that he has been buying $50,000 worth of carbon offsets and placing them on-chain as Base Carbon Tonnes (BCT) roughly every 10 days since the launch of KlimaDAO. BCTs are digital assets bridged onto the Polygon....
My Clean Sky, an innovative company out of Australia led by CEO Guy Lane, allows users around the world to offset their carbon emissions. Every time you drive or take a plane from point A to point B, you are creating excess carbon and contributing to global warming. In fact, every minute your computer runs, every time you download the blockchain: Carbon is emitted. Most of us have accepted this fact and don't think twice about it because not using cars, planes, or computers is not a possibility. For those whom would still like to quiet their burning conscious, My Clean Sky provides an....
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto company’s environmental impact.
Bitso to Offset Crypto Transaction Carbon Emissions by Partnering With Moss.Earth
In mid-February, the Mexico-based cryptocurrency exchange Bitso revealed it was expanding into the Colombian market after witnessing a growing interest in the Latin American....
The network also pledged $20 million to offsetting their carbon footprint and fostering an industry wide movement. The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a $20 million pledge to offset their carbon footprints, and buy extra credits to eventually become carbon negative. #PolygonGoesGreen Unveiling the Green Manifesto - a smart contract with Planet Earth!https://t.co/p9DFtUG9XP [1/2] pic.twitter.com/Xgn8jubffa— Polygon (@0xPolygon)....
Bitcoin Press Release: Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond. 30th April, Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide […]