How our actions affects our environment and our future

One of the main aspects that stayed with us after the Celo Connect experience was the concept of ReFi.

The idea of Regenerative Finance is to use the money as a way to solve systemic issues and help the regeneration of communities and natural environments. The goal is not only to think of profits as the main objective, but rather as a means to reach our common goals as a community: to heal and create shared value.

Since the beggining, Celo has decided to build a Proof of Stake (PoS) consensus mechanism, which is environmentally friendler than the Proof of Workone . Celo is currently a carbon-negative blockchain thanks to its automatic purchase of offsets through Project Wren. It also launched the Climate Collective initiative last year.

The Climate Collective is a mission-aligned group of Web3 projects, organizations, advisors, and advocates dedicated to reversing climate change by accelerating ecosystem efforts to bring up to 40% of the Celo Reserve backed in natural assets.

Over the past year, there has been new initiatives and collaborations with some of the most important climate projects in the ReFi movement, like Toucan, Flow Carbon and Moss, leaders in bringing carbon offsets and natural assets on-chain.

With CyberBox we want to join this initiative to align ourselves to the vision and mission of Celo and the ReFi movement. We understand that this is a journey that we all are starting together and we want to give our first steps with our Marketplace. We are setting a percentage fee of each transaction to a ReFi fund dedicated to offset carbon credits assets. We are doing this initiative in collaboration with Moss Earth, utilizing the Moss Earth carbon credit token on the Celo blockchain, the cMCO2, to offset carbon footprint.

We are also collaborating with Flowcarbon when it fully launches on Celo.

Each and every one of our NFT collections listed also have the chance to offset a percentage of their royalties fees to collaborate with this initiative! This means that all together in the NFT community of Celo are able to collaborate with the ReFi movement, which only makes us stronger as a community.

Did you know that the average CO2 emission per capita in the world is 4.79 tons of CO2 ?

But this is just the beginning for this, just the first steps. Last weekend we were part of a ReFi NFT Hackathon, organized by ReFi DAO. We took part in this to have a chance to know new and different NFT initiatives involved in the ReFi movement and create new collaborations and contributions.

We also have in our plans to create NFT Carbon Certificates. These NFTs will be a way for users to contribute to this mission with a NFT collection that will have monthly new designs and will show the user in their NFT profile the contributions they have made along the year to ReFi.

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