The public Crown Platform blockchain ecosystem aims to become CO2 neutral to address a core critique towards blockchain based cryptocurrencies: Their exponential electric cost. Crown’s commitment towards an ecological blockchain is firm, and thus the cryptographic consensus mechanism for adding blocks to the Crown blockchain is capped, unlike in race-oriented Proof of Work systems that extract added value by progressively exploiting natural resources.
For this reason, when neutralising the CO2 footprint of the Crown network, Crown decided to support similar communitary and local structures. In this quest, it joined forces with the Micorriza Association, an ecological initiative working on the ground for more than 15 years to document, protect and strenghten biodiverse ecosystems in Spain.
The Asociación Nacional Micorriza is a non-profit organization that advocates for the conservation and protection of the natural heritage, history, cultural values, traditions and environmental services that are being lost in most of the rural regions of the Spanish territory.
Together, we want to conserve and protect our ecosystems through fostering autonomy, social progress and innovation.
NFTree has created a compensation model that can be applied at scale. Within the pilot, Crown Platform will become the first ever CO2 neutral blockchain infrastructure that issues CO2 certificates registered on its own ledger through its self-hosted NFT-Technology.