Green and gold: The crypto projects saving the planet

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Green and gold: The crypto projects saving the planet
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We all have that one friend (no, we're not talking about anyone in particular) that still thinks crypto is killing the planet. Send them this, it might make them relax a little.

back to all holders, 3.3% to the liquidity pool and 4.4% to the WOW charity wallet. As the charity wallet grows, funds are extracted monthly for donations towards nature conservation activities and the preservation of wildlife. According to the project’s Twitter page, over $49,000 has already been“It's all about making a positive impact on causes around the world while shining the spotlight on NGOs and creators.

In this way, charitable giving is hardwired into the token’s underlying algorithm. Not only that but holders are also incentivized to invest and stay invested in the project. WOW isn't the only crypto project using this type of technology to raise funds for an environmental cause. Solarcoin distributes tokens as a reward to people who install solar arrays in their homes or businesses. The theory is that when the price of the coin exceeds the energy production cost, solar will effectively become free. The project’s website“As of today, cryptocurrencies are worth over US$2 trillion. Most of that value was distributed in exchange for carbon-intensive crypto mining.

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