Fellow Coinstorers,
Coinstore will list KLIMA (Klima Dao) and open KLIMA/USDT trading pair.
Details are as follows：
Total supply: 8,322,484
Circulation supply: 8,322,484
Official Website: https://www.klimadao.finance/
Block Explorer: https://polygonscan.com/token/0x4e78011ce80ee02d2c3e649fb657e45898257815
Whitepaper link: https://docs.klimadao.finance/
Introduction:
What Is KlimaDAO? KlimaDAO is building the infrastructure for a transparent, neutral, and public Digital Carbon Market to accelerate climate finance on a global scale.
In 2022, KlimaDAO traded over $4 billion worth of carbon credit trade while growing treasury assets to over $100 million.
Who uses KlimaDAO? As the base layer infrastructure for the Digital Carbon Market, KlimaDAO powers platforms such as Carbonmark, the universal carbon market, and works with organizations such as Polygon, Circle, and the Liechtenstein Bankers Association to help organizations such as airlines, auto companies, banks, Web3 projects, and individuals such as Mark Cuban to meet their sustainability goals.
A brief history of KlimaDAO KlimaDAO was founded in 2021 by a group of individuals from three competing organizations who had been working to solve market failures in the traditional Voluntary Carbon Market. These founding Core contributors aimed to unite their diverse experience – in carbon markets, technology, and business strategy and execution – as part of a single mission, in order to solve bottlenecks in scaling climate finance globally.
KlimaDAO has since grown to assemble the talents of over 50 contributors, and over 100,000 KLIMA token holders.
In 2022 KlimaDAO launched its carbon retirement aggregator, enabling individuals and organizations to permissionlessly offset their carbon footprints. One of its landmark early users was the Polygon Network, which used KlimaDAO’s infrastructure to retire over 100,000 digital carbon credits to go carbon neutral. Brands such as Instagram, Nike, and Bentley chose to build with Polygon due to its leadership in sustainability.
In March 2023 Carbonmark launched as the go-to platform for acquiring, trading, and retiring digital carbon. Carbonmark offers a seamless ‘Web 2.5’ user experience, enabling institutional access to tens of millions of carbon credits, and to KlimaDAO’s digital carbon infrastructure, without additional fees.
Carbonmark works with Circle to enable institutions to securely custody digital carbon credits and easily convert between USD to USDC for purchasing on Carbonmark.
In this way Carbonmark is the gateway to the Digital Carbon Market – a barrier-free interface to interact with KlimaDAO’s infrastructure, helping to scale up the flow of climate finance to projects that are helping combat climate change.
How does KlimaDAO work? KlimaDAO is the first protocol to facilitate a market for real-world assets (RWA) – carbon credits – using DeFi 2.0 mechanics to maintain protocol-owned liquidity, providing a scalable and sustainable foundation for the ReFi (regenerative finance) ecosystem.
This has enabled KlimaDAO to incentivize the bridging of over 25 million carbon credits onto the blockchain – 18 million of which sit in the KlimaDAO treasury. On the blockchain these digital carbon credits overcome the market failures of the traditional carbon market, benefiting from transparency, liquidity, and seamless integration to an application layer containing Web2 and Web3 applications.
KlimaDAO issues the KLIMA token, which enables users to source and retire tokenized carbon credits, influence the KlimaDAO protocol’s governance, mitigate ecosystem inflation, build applications, and benefit from KlimaDAO’s protocol-owned liquidity.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Coinstore will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Coinstore Global,
22 May, 2023
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