Bitgreen, a US-based climate-investment blockchain platform, has completed a $5M investment through the crowdfunding platform Republic, reaching its goal in under four hours.
How will the funding be used?
The funds will help Bitgreen to launch its sustainability-focused platform in the Polkadot ecosystem, aimed to be the first Polkadot-based hub for impact investment.
In addition, the launch will accompany Bitgreen’s rollout of dedicated Carbon Market and Compliant Impact Investing platforms. These platforms allow investors and key groups to discover projects and foster beneficial relationships with worthwhile organisations conducting meaningful work through climate, conservation, and philanthropy initiatives.
The problem
The climate crisis has become one of the modern era’s most pressing and complicated geopolitical issues. Yet, the estimated funding gap for green projects is $50T over the next decade. As the window of opportunity closes, finding an effective solution to mobilise...
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