Home Cryptocurrency News Cascadia Carbon Companions with Polygon.expertise for Carbon-Destructive Asset-Backed NFT Improvement – Yahoo Finance

Cascadia Carbon Companions with Polygon.expertise for Carbon-Destructive Asset-Backed NFT Improvement – Yahoo Finance

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VANCOUVER, BC / ACCESSWIRE / January 12, 2023 / Cascadia Carbon, a US/Canadian firm championing the net-zero motion, declares its partnership with Polygon.expertise (“Polygon”), a Delaware firm, for the event of an asset-backed ERC NFT protocol (“The Protocol”) on the MATIC blockchain.

The alliance between each corporations was initiated in NYC in 2021 at NFT.NYC, the place Cascadia Carbon’s founder, Alex Wick, MSc. met Sandeep Nailwal, one in every of Polygon’s co-founders, and mentioned cryptocurrency’s unsustainable power utilization. The formally signed partnership commenced in November 2022, after the Ethereum merger to proof of stake, and over a 12 months of improvement and negotiations. The contractual alternate of companies settlement between each events, seeks to enhance Polygon’s sustainability efforts by way of the monetization of carbon offsets by way of Cascadia Carbon’s #NFTree protocol and $CODEX ERC-20 cryptocurrency. “As one of many forerunners in rising inexperienced applied sciences, we’re at all times eager to work on modern technical initiatives. Drawing from my years of expertise within the expertise and forestry areas and Polygon’s FinTech business experience, we lastly have a staff of dedicated technical consultants keen to go the additional mile for the Polygon venture,” Alex Wick, founding father of Cascadia Carbon stated.

In alternate for Cascadia Carbon’s help with MRV using their $CODEX cryptocurrency, Polygon will provide developer help, advertising and marketing companies, and the potential of a $15,000 crypto grant, all supposed to advertise Cascadia Carbon’s CODEX. It will entail acknowledging Cascadia Carbon’s CODEX on their official social media accounts by importing or retweeting a put up by Cascadia Carbon. Nonetheless, at their discretion, they could additionally render different promotional companies for them.

Commenting on this partnership, Alex Wick acknowledged, “Our latest advertising and marketing companies settlement with Polygon.expertise is a serious step in direction of attaining our long run objectives. Polygon has a big market attain throughout our target market of crypto-savvy owners and younger creators, and this affiliation will broaden our clientele base. I foresee us having a really lengthy and nice enterprise relationship as their staff members have been very responsive and supportive. Within the foreseeable future, we additionally sit up for partnering with different forward-thinking organizations that share the identical imaginative and prescient and drive as us.”

About Cascadia Carbon:

Cascadia Carbon is a carbon-neutral environmental expertise firm based in January 2019. The corporate’s choices are centered round curbing international warming by way of impactful investments and the creation of “true” carbon offsets from carbon-negative property. Their first product, $CODEX, is the world’s solely cryptocurrency rooted in bodily property with a assured return, monetizing and incentivizing the battle towards local weather change.

Media Contact

Identify: Sharjeel Khan
Electronic mail deal with: [email protected]

SOURCE: Cascadia Carbon

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