15 days ago • Posted by William Ramstein
There is a way to offset your carbon emissions through tokenization!
Demand for credits is already skyrocketing and 2020 could have been an inflection point for climate change with many big firms voluntarily pledging to become either carbon neutral, or to entirely offset the impact of certain activities. Lots of players are motivated such as Airbus and Ikea. There is a token now called UPCO2 the world's first tradable carbon token now available on Uphold. Each token is backed 1:1 by a certified carbon credit representing one tonne of C02 or equivalent emissions averted in a given year. UPC02 is an Ethereum forked token, an ERC-20 token. You can buy one then burn it which enables you to offset your own footprint, or you can trade them. @Uphold