Cryptocurrencies

EarthFund Launches DAO As it Steps Up Global Carbon-Removal Efforts

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Written By: Michael Abadha
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    Summary:
  • EarthFund, the Climate-centric crypto project, has launched its DAO, for community-led conservation causes. We tell you all about it.

EarthFund, a crypto-native crowdfunding platform, has announced that its Carbon Removal campaign will go live on July 20th, 2022. Also, EarthFund will be airdropping its CarbonCommons tokens to supporters on July 27th. No decentralized exchange or trading platform will list the token, although holders can swap each for 1Earth on EarthFund. To combat climate change and remove carbon dioxide from the atmosphere, the cause will focus on identifying and sponsoring community-led carbon removal projects.

What motivates EathFund in its mission?

The Carbon Removal Cause, founded by Dr Lucy Tweed, aims to achieve genuine, meaningful action on climate change. It is doing this by supporting nature-based projects on the ground that remove carbon and promote local people. EarthFund’s Carbon Removal DAO’s founder and Columbia University PhD holder Dr. Tweed is a leading expert in this field. She will soon begin working at Cambridge University in a new capacity as an associate climate researcher.

EarthFund enables the worldwide community to find initiatives and receive crypto donations. Another option is for them to cast votes on which carbon offset initiatives in different countries should be supported financially. The goal is to create a community that is approachable and welcoming. It should be one in which individuals can band together to support sustainable community-led carbon removal programs and bring about genuine change.

Ultimately, EarthFund intends to fund a wide range of climate change mitigation efforts. These include preserving carbon-rich habitats, repairing ecosystems, regenerative agriculture, and testing innovative ways to remove carbon. In addition, every initiative will put the needs of the local community first, ensuring that climate action does not jeopardize local jobs.

In exchange for their participation, CarbonCommons token holders can cast votes for their favourite projects and receive USDT as a reward. They can also join Dr. Lucy Tweed and other climate activists and scientists in a private Discord channel. You may buy EarthFund’s native token, “1Earth,” on EarthFund’s website, as well as on KuCoin, Uniswap, and Gate,io.

This post was last modified on Jul 20, 2022, 16:58 BST 16:58

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha