The recent news that Polygon’s MATIC network has achieved carbon neutrality could give its native token the strength to advance higher.
Polygon’s MATIC Targets Higher Highs
MATIC appears to be gearing up for another bullish impulse after Polygon announced that it had made significant strides toward becoming carbon negative.
In a recent blog post, the blockchain startup revealed it had partnered with KlimaDAO as part of its environmentally friendly Green Manifesto. As a first step, Polygon has bought $400,000 worth of carbon credits, representing 104,794 tonnes of greenhouse gasses. This is the equivalent of the MATIC network’s entire carbon debt since its inception in 2019.
Polygon co-founder Sandeep Nailwal is taking the initiative to help the blockchain industry become a net positive for the environment. In the recent post, he acknowledged the current environmental crisis and pledged $20 million to help utilize Web3 to create a more sustainable future, including new solutions for...
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