Introducing: Klima the world's first carbon currency
The perfect currency should be regenerative for our planet by pricing in the cost of carbon.
This letter is time-sensitive: the deadline for participating in the fair launch of KlimaDAO is September 17, 2021. Read on to learn why you might consider doing so.
Klima DAO will demonstrate how a new monetary system — powered by decentralised governance and smart contracts — can be built that explicitly prices in carbon and generates value creation opportunities for its users. The economies of the 21st Century have to figure out how to reward and build on pro-climate activity and investment, not penalise it.
This is our contribution.
The chief problem with cryptocurrencies is the learning curve. The technology is both immensely complex and quickly evolving. To grok crypto in late-2021, you’ve got to understand blockchain and smart contracts and basic DeFi and then you have to keep up with onslaught of innovations. None of this is easy, so most people don’t bother.
Crypto has traditionally attracted those whose chief motivation is financial rewards, technological challenges or both. Lately, artists too have found a place in the crypto community with the rise of NFTs.
But there is one community that has consistently been left out: activists, organizers, protesters and all those whose primary passion is transformative social change. Not motivated to learn about crypto, most activists haven’t bothered to.
Until now, that is.
A decade since the birth of Bitcoin, there is now a cryptocurrency that demands the attention of every activist (today and right now!) to make an effort to understand it.
That’s because this cryptocurrency—Klima—is the apex of environmental activism.
Meet Klima: The Perfect (Activist) Currency
Klima is the world’s first “carbon currency” — a cryptocurrency backed by carbon offsets. Moreover, thanks to the technomagic of smart contracts, Klima algorithmically incentivizes locking more and more carbon offsets into the protocol’s treasury. The end result is a virtuous circle: a currency that absorbs carbon.
In their words:
Klima DAO argues that […] the perfect currency should be […] regenerative for our planet by pricing in the cost of carbon. Centuries of not pricing in the cost of carbon have meant that we are in a dangerous position ecologically, moving the dial on climate action is now our ultimate priority.
It is an ambitious goal that should excite any activist dreaming of a solution to the ecological crisis.
Now, at this point, I hope you’re overflowing with questions about how KlimaDAO works. I know I was when I first learned about it. But there is really no way I can explain it all in this brief letter. (Plus, my larger point is that activists need to start taking time to understand crypto for themselves!) So I urge you to dive into their documentation—I’ve included the most important links below—your effort to grasp KlimaDAO will be rewarded!
And above all, if you’re reading this before September 17, 2021 then you may want to consider participating in KlimaDAO’s fair launch on copperlaunch.com. Crypto tends to reward early adopters so if you believe KlimaDAO is viable then now is your opportunity to stake a claim.
Links for doing your own research:
TL;DR FOR VISUAL LEARNERS
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