LandX & KlimaDAO work together for a carbon neutral future

Dubai, United Arab Emirates, August 15, 2022, Chainwire

LandX is pleased to announce its new partnership with KlimaDAO. LandX Choice joins the Klima Infinity program, which uses a stack of DeFi technologies to enable organizations to revoke tokenized carbon credits and demonstrate demonstrably offsetting their carbon footprint.

LandX and KlimaDAO share a common vision for a sustainable future, built around regenerative financing. The products are also aligned for the tokenization and bridging of real-world assets to decentralized finance

Actions speak louder than words and LandX buys and stops 400 tons of CO2 credits using the Klima Infinity suite. With this initiative, LandX expects to be CO2-neutral by 2022 and to continue to implement a CO2-neutral strategy in the future. The openness of blockchain technology means that LandX’s efforts are all transparent and verifiable.

LandX chose KlimaDAO for their carbon offset efforts, as they are the market leaders in on-chain carbon credits. Their efforts to date have had an impact equivalent to planting 89,948 hectares of forest.

LandX Choice, the LandX initiative to promote responsible land management for a sustainable future, has announced the launch of its first sustainability program. LandX Choice programs are funded with a portion of protocol fees that are reinvested in such sustainability programs.

The LandX Choice has committed to reinvest in the following areas:

  • training for ground operators
  • ESG programs and certification
  • SDG Certifications
  • financial inclusion training
  • agricultural surveillance technology
  • sustainable farming tools and equipment

The emerging blockchain sector has the potential to disrupt traditional finance and use capital as a tool to solve systemic problems and regenerate natural environments. As fintech evolves, there is an opportunity to do things better, and in a more fair, open and sustainable way. LandX is at the forefront of this new era of sustainable finance.

LandX is committed to reducing its carbon footprint and encouraging other organizations in the blockchain sector to do the same. LandX leads by example and sets the standard for sustainability in the blockchain industry.

Carbon offsetting is a process in which capital from token purchases is used to fund green initiatives that reduce an organization’s greenhouse gas emissions. In simple terms, anyone can calculate how much carbon they use per year and then write off carbon credits to offset that impact.

About LandX

LandX is a perpetual commodity bond protocol that offers investors an inflation hedged return backed by a legal contract guaranteed on underlying farmland. LandX makes perpetual bonds available as liquid digital assets and offers uncorrelated inflation hedged diversification.

Read more and get early access to LandX at: https://landx.fi

Follow LandX on Twitter and join the LandX Discord.

About KlimaDAO

KlimaDAO is the center of a new green economy. Built on the energy-efficient Polygon network, KlimaDAO uses a range of technologies to reduce market fragmentation and accelerate the delivery of climate finance to sustainability projects worldwide.

For more information about KlimaDAO and their carbon offset products, visit their website and Twitter.

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