You can now buy gold-backed NFTs with the mining carbon footprint offset
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.According to a May 26 announcement the tokens represent ownership over physical gold bars that are stored in a vault in Singapore managed by partner Bullionstar. Each NFT represents an underlying bar of gold, with both the token and the physical bar of gold sharing a unique serial number. The tokens are also sold with a warranty....
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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....
Canadian investment manager Ninepoint will invest management fees in forest conservation to offset the carbon footprint of its bitcoin ETF.
Purpose Investments will measure the carbon footprint associated with its portfolio and purchase carbon offsets accordingly. Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors.Canada-based asset manager Purpose Investments is readying to launch two new crypto-based ETFs on the Toronto Stock Exchange on Nov. 9, both of which offer investors a carbon offset. Purpose will launch their Bitcoin and Ethereum ETFs under the BTCC.J and ETHH.J tickers. Unlike the funds recently launched in the U.S.....
Mastercard is set to incorporate carbon footprint tracking into its blockchain-based solution, to help consumers offset carbon emissions through their purchases. Leading payment technology provider Mastercard will help consumers directly offset carbon emissions and choose better products for the environment via its blockchain-based Provenance Solution.The system provides such granular detail that consumers can choose a more environmentally friendly cup of coffee, or a sustainable T-shirt, by interacting with the carbon credits directly related to that item, as represented by a nonfungible....
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,....