On-Chain Carbon Offsets

Carbon Dioxide Removal (CDR) is complex

As a leader in innovation, KlimaDAO — the decentralized autonomous organization — is changing the traditional carbon offset landscape with the acquisition of over 14 million on-chain carbon offsets. In order to increase the value of carbon offset and make offset-generating activities more profitable, KlimaDAO aims to acquire as many carbon offsets as possible.

According to the Cointelegraph, "much of the $100 million used for buying offsets comes from the sale of bonds, which are used to increase the funds available to the DAO." When users buy bonds, they receive a discount on KLIMA, the native token from the DAO.

According to the KlimaDAO team, the company is prepared to take on the challenges associated with carbon offsets concerning blockchain, stating: “We are prepared to do what it takes to make the DAO successful.”

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