Getting Paid To Save The Earth With DeFi: Too Good To Be True?

 | Jun 06, 2022 12:51

Some dream of money, some dream of status, others - of saving the planet. We know we are having big problems with the things our previous generations have caused with the emergence of the industrial and agricultural revolutions, but it has been incredibly difficult tackling each of the variety of factors that contribute to climate change.

At large, there is one main problem that persists: even if collectively, the world unites to manage bins better, cut down on red meat, use only renewable energy and resources, we would still face the fact that these single little different efforts by different individuals cannot help the planet at a substantial scale.

However, what if one was to offer you monetary value for your help towards reviving the environment, what if the right incentives were put in place for people to enjoy? Incentives, as generations of governmental control and world-defining events have proven, are some of the most powerful tools for tackling causes in groups to achieve success on a large scale.

With DeFi, The Planet Can Be Saved, But Not By The Ignorant

If people can work towards a very specific common goal and be handsomely rewarded for their efforts and contributions, even the most daunting and seemingly impossible tasks can be overcome and greatness can be achieved.

Seeing the world of cryptography build up a wide ecosystem of people ready to start living in a more independent and decentralised way both structurally and financially as cryptocurrencies arise, it has become clear that through collective action and financial incentives, wonders can be done by a dedicated community.

DeFi and Web3 have given crypto enthusiasts power most have not imagined, whether through staking mechanics, yield farming, or NFTs. However, what the majority of the aforementioned enthusiasts have not yet been introduced to are blockchain-based carbon credits by exciting new projects taking up the initiative to fight and win against climate change. Emerges

One such project absolutely worth mentioning and further discussing is 55% in total by 2030 -according to European scientists. But not every initiative or motivation has to arise as a result of a centralised government’s orders.

DeFi and Web3 have given us the tools we need for carbon offset maximisation through certified Carbon Credits on-chain, and is the perfect example of a project achieving both the technology and microeco(token)nomics for the right incentives to take steps towards tackling climate change ourselves.

Starting June 15th, 2022, on the Genesis Pool Launch, we will be able to offset carbon emissions by putting our money to work with synthetic carbon credits, receiving serious value through passive income streams from automatic staking.

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