KlimaDAO: An introduction
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KlimaDAO: An introduction

Published Wed Jan 05 2022

Vision

Create a future where the cost of carbon to the climate is embedded into our economic system, through the creation and governance of a carbon-backed cryptocurrency that aligns incentives between all parties, including civil society and organizations.

Mission

KlimaDAO’s mission is to leverage Web3 technologies that enable coordination and mass participation within the carbon markets, and fully integrate them into the emerging economic system by delivering on the following objectives:

  • Reward those who participate in activism for the climate.
  • Develop and govern a carbon-backed currency that internalizes the cost of carbon, and that functions as a counter to the existing economic system that supports the production of negative environmental externalities, including greenhouse gas emissions.
  • Provide the building blocks that enable high-impact and composable Web3-based carbon solutions.
  • Increase activity in the voluntary carbon market (VCM) to grow demand for existing carbon projects while incentivizing the development of new high-impact projects.
  • Reduce opacity and intermediaries within the VCM by bringing credits on chain and providing transparency.

Roadmap

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  • Community: Over 60,000 community members (Klimates).
  • Decentralized Autonomous Organization (DAO): The DAO is established with departments focused on policy, engineering, partnerships, operations, community, creative, and marketing.
  • Products and partnerships: Klima Infinity is in development which provides carbon custody and continuous carbon offsets as a service for organizations wishing to help KLIMA be an instrument in their sustainability plans and/or as a native green asset for their decentralized finance (DeFi) activities.
  • Carbon market: Disrupting the VCM by increasing the value floor across carbon offset indices (e.g. base carbon, nature-based, removals, etc.).
  • Treasury: Rapidly grew to 14,000,000 BCT in treasury. Dilution reduction framework voted on (KIP3 and KIP5) by the community.
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  • Community: Focus turns to onboarding non-crypto-native enthusiasts in a seamless and safe process.
  • DAO: Community members with high-level skills and experience are urged to help the departments, increasing the efficiency and output. The DAO begins the process of partnering with outside firms to increase Klima’s profile.
  • Products and partnerships: Development of the on-chain compliance market (i.e. BITMOs) as well as new carbon assets bridged on chain by a diverse group of protocols. Klima establishes its position of leadership in the climate blockchain space.
  • Carbon market: New bridge protocols bring novel classes of carbon assets on chain. The carbon market acknowledges Klima’s sustained and growing impact.
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  • Community: The community swells as the network effect amplifies into non-cryptocurrency communities. Popular influencers support Klima and brand awareness becomes widespread.
  • DAO: A thriving group of contributors support Klima’s mission, and the DAO works hand in hand with professional firms to deliver the highest possible value for the community.
  • Products and partnerships: Klima Infinity is expanding a high level of service for corporations and blockchain-native organizations that are voluntarily or otherwise required to be carbon neutral or climate positive.
  • Carbon market: Major trading activity is occurring on the blockchain between countries and private entities. Klima is the majority owner of this liquidity with trading fee revenue supporting further climate action.
  • Treasury: Revenue from liquidity pair trading and other services continues to grow. Treasury is increasingly utilized to increase adoption and build sustainable revenue streams.

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  • Community: Global coordination to prioritize climate action solidifies. Government and industry representatives make their voices heard in the community. Community members have developed synergistic protocols within the Klima ecosystem.
  • DAO: The DAO begins to coordinate with high-level government and industry representatives to structure the on-chain carbon ecosystem.
  • Products and partnerships: The protocol has grown to the level required by the world’s largest funds to take positions. Klima Infinity is widely used as a method of tracking and offsetting carbon emissions by the world’s largest corporations.
  • Carbon market: The majority of global carbon reduction asset trading is occurring through Klima’s liquidity pools. Klima is supporting innovation in this space to produce new forms of carbon removal credits that more efficiently reduce atmospheric pollution.
  • Treasury: Assets are increasingly used to promote activities benefiting climate action. Stabilization of KLIMA will begin to occur once the treasury has amassed such a large quantity of carbon credits that the rate of growth decreases. This will further promote even wider adoption of Klima as a carbon reserve currency.

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  • Community: Global coordination has established Klima as an important driver of economic activity in developing nations, often hardest hit by climate change.
  • DAO: All contributors are full time and experts in their fields.
  • Products and partnerships: Innovative products continue to be released, further extending Klima’s reach into the traditional carbon space.
  • Carbon market: The economic incentives created by Klima permeate down the value chain to ensure the long-term development and viability of new, high-impact carbon projects.
  • Treasury: Carbon tons in the treasury make up a significant percentage of the total carbon market and Klima is a central figure in global climate action and climate finance.

Summary

  • Klima rewards those who participate in financial activism for the climate.
  • KlimaDAO leverages the opportunities presented by Web3 to deliver immediate and tangible positive impacts for the climate.
  • This consists of three key mechanisms:
  1. A functioning and organized DAO that rewards high-impact contributions from the community,
  2. An incentive structure that enables the bridging of carbon assets into DeFi; incentives that are ultimately passed down the chain to carbon project developers,
  3. A DeFi 2.0 structure that rewards stakeholders.
  • Through these mechanisms, KlimaDAO has launched a carbon-backed currency, KLIMA. KlimaDAO manages the governance of this currency.
  • Over the coming months and years, KlimaDAO will build long-lasting partnerships, increase adoption, and continue to innovate in order to position Klima as part of the solution to global warming.

If you are interested in learning more about how KlimaDAO can enable coordination to tackle climate change, join us on Discord and follow us on Twitter.

Haftungsausschluss:

Die in diesem Blogbeitrag bereitgestellten Informationen zu KlimaDAO („KlimaDAO“), seinen Krypto-Assets, Geschäftsvermögen, Strategie und Betrieb dienen nur allgemeinen Informationszwecken und sind kein formelles Verkaufsangebot oder eine Aufforderung zur Abgabe eines Angebots von Wertpapieren, Optionen, Futures oder andere Derivaten im Zusammenhang mit Wertpapieren in jeglicher Rechtsordnung, und der Inhalt ist nicht durch Wertpapiergesetze vorgeschrieben. Die in diesem Blogbeitrag enthaltenen Informationen sollten nicht als Empfehlung zum Kauf oder Verkauf oder Halten solcher Wertpapiere oder als Angebot zum Verkauf solcher Wertpapiere angesehen werden. Dieser Blog-Beitrag berücksichtigt weder Steuer-, Rechts- oder Anlageberatung noch gibt er eine Stellungnahme zu den spezifischen Anlagezielen oder der finanziellen Situation einer Person ab. KlimaDAO und seine Vertreter, Berater, Direktoren, leitenden Angestellten, Mitarbeiter und Aktionäre geben keine ausdrücklichen oder stillschweigenden Zusicherungen oder Gewährleistungen hinsichtlich der Richtigkeit dieser Informationen ab, und KlimaDAO lehnt ausdrücklich jegliche Haftung ab, die auf solchen Informationen oder Fehlern oder Auslassungen beruhen könnte. KlimaDAO behält sich das Recht vor, die hierin enthaltenen Informationen ganz oder teilweise jederzeit zu ändern oder zu ersetzen, und übernimmt keine Verpflichtung, dem Empfänger die geänderten Informationen zugänglich zu machen oder den Empfänger hiervon in Kenntnis zu setzen. Die in diesem Blog-Beitrag enthaltenen Informationen ersetzen alle in früheren Blog-Beiträge oder Konversationen ähnlichen oder verwandten Informationen. Auf Informationen, Darstellungen oder Aussagen, die hier nicht enthalten sind, darf für keinen Zweck vertraut werden. Weder KlimaDAO noch einer seiner Vertreter haften Ihnen oder einer anderen Person gegenüber aus jeglichen Gründen, die sich aus der Verwendung oder Nichtverwendung der Informationen in diesem Blog-Beitrag durch Sie oder einen Ihrer Vertreter ergibt. Darüber hinaus übernimmt KlimaDAO keine Verpflichtung, die Erwartungen oder Aussagen Dritter in Bezug auf die in diesem Blogbeitrag erörterten Angelegenheiten zu kommentieren.