Famous billionaire and Shark Tank investor Mark Cuban has revealed that he is using Blockchain technology to lock in carbon offsets in the Polygon network. In a recent tweet, he drew attention to an altcoin project called KlimaDAO (KLIMA). cryptocoin.com We share the details as…
Mark Cuban drew attention to this altcoin project
Sharing a story about KlimaDAO in a November 13 tweet, the blockchain-enthusiastic billionaire mentioned that he has purchased $50,000 worth of carbon offsets and has placed them on the chain as Base Carbon Tonnes (BCT), roughly every 10 days since KlimaDAO was launched. BCTs are digital assets bridged over the Polygon Network with the Toucan Protocol, representing a ton of carbon from the Verified Carbon Unit (VCU) registry.
KlimaDAO (KLIMA), a decentralized blockchain project that aims to provide BCT price appreciation and has accumulated more than 9 million BCTs, said it uses Polygon as it is a proof-of-stake (POS) network with low carbon footprint generating emissions. Cuban stated in the same tweet that he would be open to working with KlimaDAO, perhaps to promote carbon removal instead of carbon offsets. Cuban’s support for KlimaDAO is not considered surprising. It is reportedly included in KLIMA’s portfolio. Cuban used the following statements:
Every 10 days I buy 50,000 offsets, verify them and put them on the chain as BCT. I would love to do the same and possibly more with carbon removal in AIR CONDITIONING.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.