KlimaDAO

What Is Klima DAO?

KlimaDAO is at the forefront of developing an inclusive and transparent infrastructure for a Digital Carbon Market, aimed at accelerating climate finance on a global scale. KlimaDAO leverages the energy-efficient Polygon network and utilizes various technologies to mitigate market fragmentation and expedite the provision of climate finance to sustainability projects worldwide.

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Recent Video Interview

Main points of the interview:

• KlimaDAO's role as a pioneer in the tokenized carbon credit space.
• Aims to enhance transparency and accessibility in carbon markets, enabling individuals to support climate action via their platform CarbonMark.com.
• The DAO utilizes the KLIMA token for governance, allowing members to vote on funding projects and shaping the future of climate finance.

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How Does It Work?

The Klima DAO ecosystem operates on a "virtuous cycle" of economic growth. Economic activities within the ecosystem increase the supply of KLIMA tokens. These tokens enter circulation when carbon offsets are locked in the Klima DAO treasury. This reduces the availability of carbon offsets, driving up their price and the value of the KLIMA token.

KlimaDAO's native token, KLIMA, plays a pivotal role within the ecosystem. It allows users to source and retire tokenized carbon credits, exert influence over the protocol's governance, mitigate ecosystem inflation, build applications, and benefit from KlimaDAO's protocol-owned liquidity.

KLIMA tokens are backed by tangible carbon assets, making them a valuable reserve asset derived from the carbon economy. These tokens serve multiple purposes, including carbon emission offsetting, engagement with decentralized finance (DeFi) applications, and participation in the rapidly expanding global carbon market.

KlimaDAO offers bonds to investors, providing an opportunity for KLIMA token holders to earn interest. With each bond sale, the proceeds contribute to the continuous growth of sustainable funds and enhance the liquidity of vital environmental assets. The rewards token holders can earn monthly, which amount to 1.56%, are automatically created and distributed approximately every 7 hours to KLIMA holders who have staked their tokens.

KlimaDAO History

Established in 2021, KlimaDAO was founded by a group of individuals who had previously been working independently to address the shortcomings of the traditional Voluntary Carbon Market. Since its inception, KlimaDAO has grown significantly, boasting over 50 contributors and more than 100,000 KLIMA token holders. In 2022 alone, KlimaDAO facilitated over $4 billion worth of carbon credit trades and saw its treasury assets exceed $100 million.

KlimaDAO’s Partners

KlimaDAO serves as the underlying infrastructure for the Digital Carbon Market, powering platforms like Carbonmark, which is hailed as the universal carbon market. Collaborating with prominent organizations such as Polygon, Circle, and the Liechtenstein Bankers Association, KlimaDAO assists a wide range of stakeholders, including airlines, auto companies, banks, Web3 projects, and individuals like Mark Cuban, in achieving their sustainability goals.

Potential Real-World Usage for KlimaDAO

A possibility is a world where each purchase made on platforms like Amazon involves a small amount of $KLIMA being bought and burned, instantly making the transaction carbon neutral.

Furthermore, carbon offsets, as a stable asset class, remain unaffected by stock market performance. While Bitcoin attempted to position itself as an anti-inflation hedge, it suffered during recent market downturns. In contrast, $KLIMA could emerge as a token suitable for diversifying investment portfolios, safeguarding against inflation, stock market crashes, and economic uncertainties.

KlimaDAO Price Analysis

As of November 25 2024 KlimaDAO has a marketcap of $21M. This is {{percentagefromath}} from its all time high of $3.7773K. In terms of its tokenomics, there's a total supply of 16M with 100% currently outstanding. Keep in mind KlimaDAO has a fully diluted value of $21M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.