Edith M. reports on the Earth Fund's sponsored post in cointelegraph.com that "the Earth Fund is a climate-conscious decentralized autonomous organization (DAO) that champions the inclusion of everyone in climate conservations and has adopted Web 3.0 and blockchain technology to achieve that.
Alex Vergara, Earth Fund's community and communication lead, speaking on the DAO's mission, shares, "We're building Earth Fund to become a platonic ideal for how we can work together to fight climate change."
The DAO lays a strong emphasis on democratic participation. Vergara emphasizes that the Earth Fund community will "follow the science, vote transparently and democratically, prevent any outside influence, and fund the worthiest projects that can make the biggest impact."
Earth Fund has teamed up with the KuCoin exchange to issue its native cryptocurrency, The 1Earth Coin, an ERC-20 cryptocurrency that provides utility and governance, lets users become the DAO’s member, and gives a right to vote on the key platform issues."
Source credit and full story - https://cointelegraph.com/news/dao-adopts-web-30-technology-to-democratize-climate-change-mitigation-initiatives
Link to Earth Fund's website - https://earthfund.io
It is nice to see a crypto use case that could help fight the climate change battle without the bureaucratic shackles of the politicians, UN Climate Change Conference (COP 26), billionaire-funded foundations or the typical black-box style private charities.
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