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Silverpine x KlimaDAO: Expanding Tokenization of Real World Assets

Updated: Nov 14, 2023


Cover image saying "Silverpine x KlimaDAO: Expanding Tokenization of Real World Assets".

Leveraging novel digital technologies, the partnership between KlimaDAO and Silverpine demonstrates the capabilities of digital carbon, through transparent carbon offsetting to compensate for the carbon emissions of a classic car.


KlimaDAO has partnered with Silverpine, a fintech platform that enables greater access to alternative investment products including collectible cars, for the release of its latest asset, the iconic Mercedes EVO II.


 

Silverpine's mission is to democratize access to alternative investments through fractional ownership. Historically, high-value assets such as collectible cars have been out of reach for much of the market; however, by leveraging novel tools developed using digital technologies, Silverpine can now change this and enable greater participation in the alternative investment space.


The entire automotive sector is required to consider its carbon footprint and strive to achieve carbon neutrality over the coming years. Silverpine, as a part of this industry with the tokenization of collectible cars, has partnered with KlimaDAO to demonstrate carbon neutrality can be achieved efficiently and transparently.


KlimaDAO is developing public and transparent infrastructure that allows the sourcing and offsetting of carbon credits to be achieved on the blockchain – meaning that all offsetting can be traceable and verifiable. To this end, through this collaboration, KlimaDAO and Silverpine have partnered to offset the emissions associated with the EVO II's expected lifetime emissions – equalling 76 tonnes of carbon dioxide.


KlimaDAO has produced a certificate that is tied to the EVO's unique vehicle identification number; this enables the carbon offset to be verified and attributed to the EVO. The carbon credits used represent the environmental benefit from investments made at the Solar Power Project by SolarArise India Projects Pvt. Ltd.


An example of the lifetime emissions of an iconic car and how they can be compensated for with KlimaDAO technology.

Scan the QR on the image – or click here – to see the proof of carbon offset.


Silverpine and KlimaDAO share a vision for more transparent and accessible markets for all, and this collaboration demonstrates how this technology can bring real benefits to consumers.


About Silverpine

Silverpine is a fintech platform for alternative investment, making unique collectible cars accessible through fractional ownership. Allowing to own a piece of an iconic car, without the hassle of storage and maintenance.

App is available on Google Play and Apple App store.


About KlimaDAO

KlimaDAO's mission is to accelerate the delivery of climate finance globally by building the transparent, neutral, and public infrastructure needed to scale the Digital Carbon Market. Contact KlimaDAO.




Disclaimer: The information provided in this blog post pertaining to KlimaDAO (“KlimaDAO”), its crypto-assets, business assets, strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this blog post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This blog post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. KlimaDAO and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and KlimaDAO expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. KlimaDAO reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this blog post supersedes any prior blog post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither KlimaDAO nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this blog post by you or any of your representatives or for omissions from the information in this blog post. Additionally, KlimaDAO undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this blog post.

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