ast year, the startup Toucan launched with a bold vision: it was going to use the blockchain to upend the entire carbon credits system. The traditional voluntary carbon market—in which polluting companies can pay for credits that fund emission-reducing efforts—was disorganized, archaic, and lacked incentives, Toucan’s founders argued.
Now, after several months of deliberation, Verra, the primary carbon credits issuer and a standard-bearer for the industry, has taken a stand against Toucan’s activity. On May 25, Verra announced it wouldinto crypto tokens, which is Toucan’s central mechanism. After just seven months, the first phase of the crypto’s supposed carbon-credit revolution is over.
“Both crypto and carbon are pretty complex and difficult—And when you put them together, it’s like difficulty squared,” says Ollie Gough, strategy lead for the carbon-rating startup Sylvera. “Mistakes have been made—and we’re waiting to see how it pans out.”The voluntary carbon market was developed in the ‘90s as a means by which companies in industries ranging from air travel to banking to oil could, in theory, track and offset their CO2 emissions.
andrewrchow Was it the fact the majority of people don't give a **** about crypto and want it to go away?
andrewrchow Please do research about danger of existence of parnian_sa and jalil's satans infiltration & espionage network what she deactived? Please raise the danger of their existence and the oppression they have done to me in the media. what number victims am I?
andrewrchow 🤣🤣
andrewrchow robertojirusta
andrewrchow Patience is a virtue
andrewrchow dovuofficial
On the day that wood loses value in the market, ecosystems will resume their expected forms 🇧🇷
Absolutely bullshit, the 'crypto industry' was never ever going to be climate-friendly, it is exactly the opposite. I wish you'd stop writing these imbecilic articles.