The environment is one thing that is in big focus in the crypto space today. There has been allot of eyes looking at the negative effects of proof of work mining and most blockchains at this point are running on proof of stake networks.
Well, guess what? Proof of stake takes up allot of power too! Data farms take allot of power, but yes, not near as much to run a blockchain. But there is still allot of power and additional infrastructure that comes with server farms. The power has to come from somewhere.
Many of today's server farms are attempting to run mostly on alternative energies to try and stay as carbon neutral as possible. We use farms for our validator nodes that are carbon neutral. For those that cannot be completely carbon neutral, we balance that by donating a portion of our validator commissions to Ecologi.
What is Ecologi?
Ecologi is a social enterprise, not a non profit organization, so they don't have the same financial limitations and government intervention as actual charities do. What they do is fund and build projects all across the world that help offset carbon emissions. This include planting trees as well as funding alternative energy projects all across the world!
What we like about Ecologi is there transparency. They are extremely open about their projects and what they are doing with the funds that are given. They use 85% of the funds donated to the company. The other 15% is used for admin and company overhead.
What we also like is that we have the ability to track our progress on their site! This goes with our spirit of transparency on the blockchain! It gives you fun little graphics too on the site to show off your forest and projects!
Ecologi Is Not Crypto Based
They are not a crypto based company. We actually have to exchange into USDC and then out to fiat to donate. Maybe we can encourage them to accept stablecoin payments in the future, but for now, this is how we have to manage the donations.
We like that we are able to track the number of trees we plant and the other types of projects our donations fund. This is great for our carbonZERO DAO that is set up so our community can be apart of our donation process!
Great Solution For Businesses That Want Carbon Neutrality
Ecologi offers a great opportunity for those businesses that are concerned about their ESG scores and want to offset their carbon usage. Ecologi plays in the carbon credits game so they donations to their company can go to credits to help offset your businesses carbon output!
It's also just a great way to get your business involved in environmental causes that can be easy counted and followed! This give businesses a way to set donation goals. For example, we are running a special bonus to help us get to a certain delegation goal. If we get there we will donate 500 or 1000 trees out of our team cut. This is on top of the 20% of our commissions that we already donate! We have a lofty goal of planting over 100,000 trees by the end of 2022, and Ecologi gives us a great way to do that!
They are a small business themselves and state on their site that they cannot help every company become carbon neutral at this moment, but if you are a small business as well, they can certainly do the trick for you. The bigger guys need to find their own options for now, haha. Ecologi is for the rest of us!
Check Them Out!
Go to https://ecologi.com and check out their company! Go through the FAQ section to get all of your questions answered and if you have more you can reach out to them! They are a very helpful team and we are happy to be donating to their causes through our cryptocurrency earnings!
Maybe one day we can get them at least accepting USDC...
But please go out and always do your own research! cZERO token holders will be able to have a voice in our DAO so you will be able to help us decide how we donate each month! Our default will always be Ecologi!
See you around the blockchain everyone!
We Are carbonZERO
carbonZERO is a full service, eco-conscious validator node operator for the Cosmos ecosystem, providing infrastructure for several blockchain in the Cosmos ecosystem. We run top of the line bare metal servers, utilizing 64GB RAM, 1TB NVMe SSDs, and 8-core / 16-thread CPUs. Our node architecture consists of frontline sentry nodes for ultimate security. Future plans for additional security & performance include implementing threshold signer nodes, as well as additional sentry and RPC nodes.
Stake your $CMDX, $ROWAN, $HUAHUA, $EVMOS, and $NOM with carbonZERO using our Restake app and if Authz is available, you will be able to auto-compound your tokens!
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This is a really cool initiative! Wish the hustler community brought in more revenue to donate to something like that!
Great stuff!
We donate 20% of our validator rewards every month from our node rewards from different Cosmos chains we run. A validator is similar to a witness here on Hive. So the more we have delegated, the more we make, and the more we get to donate!
We are airdropping our DAO tokens to delegators that are delegating with us within the first month of every chain we launch a node on. Those tokens get people a say in the DAO and how we donate the funds.