RVRS transactions fund projects such as kelp reforestation and fertilizer innovation
Distributed Green Bitcoin Mining Protocol AGA publication Yesterday, we launched a new token offering called REVERSE (RVRS) with the aim of combating climate change. The new tokens are aimed at creating a self-sustaining ecosystem as AGA released all the tokens and held nothing for itself.
Stefan Renton, Head of Product and Sustainability at AGA, explains:Buying, using, or selling our tokens has a positive impact on the fight against climate change. Use the blockchain to validate and prove it. Track your verifiable data … that is, not only is this a rewarding opportunity for those who just want to play their part, but it also provides a small incentive for those who have bookings related to costs. To do. They can still benefit while playing their part.Do good and be rewarded.. “
For each RVRS transaction, 80% of the tokens are received, 10% are sold for carbon removal, then tied to the owner’s wallet for use and 5% are burned to facilitate token valuation. , 5% will be distributed to all owners no need to bet. Coins are simply distributed to all wallets with an RVRS balance.
Reverse wants to fund innovative projects to combat climate change. One such idea comes from recent studies showing that adding a small amount of seaweed, called Asparagopsis, to cattle feed can reduce methane emissions from cattle by up to 70%.
Renton added:Less than half of Dogecoin’s current daily amount can neutralize 10% of the world’s carbon emissions. However, with such a daily amount, you can invest in a project that has a roadmap to 10x cost efficiency.This could mean eliminating 100% global emissions with half the daily amount of Dogecoin.. “
The project roadmap includes the launch of an impact tracker, emissions calculator, climate change innovator fund, and non-fungible token (NFT) awards. Ultimately, AGA relinquishes its responsibilities, carbon removal purchases are automated, and funding for climate change projects is voted by Decentralized Autonomous Organizations.