Virtua has partnered with Polygon to provide users of their NFT ecosystem with dramatically reduced fees, increased speeds, and minimal environmental impact. An industry-leading NFT ecosystem and gaming metaverse platform, Virtua provides a space for artists, games, movies, and brands to create their own fully immersive digital experiences for fans through 3D NFTs with tangible … Read more
Removal of unavoidable emissions using carbon credits is fundamental to a net-zero strategy. But the current system of carbon offsets is flawed, and the quality of carbon credits is suboptimal, undermining climate-positive actions globally. Senken is trying to fix this and make the voluntary carbon markets more accessible by leveraging cutting-edge blockchain solutions. Senken is … Read more
Entertainment can help people become more aware of and responsive to the problems we face. That’s why Polygon has joined forces with the Ocean Conservation Exploration and Education Foundation (OCEEF) to advance ocean literacy by finding new and engaging ways to give people exposure to deep sea missions. The shared goal of this effort is … Read more
Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard. The Coorest Carbon Standard (CCS) is certified by an official UN auditor and is a new benchmark for CO2 compensation that leverages distributed ledger technology to eliminate unfair and opaque carbon offset practices. In partnership with Polygon, … Read more
With Ethereum’s Merge finally upon us, we’ve been thinking about how this historic milestone will affect our sustainability efforts. Polygon’s initial commitment to become carbon neutral and eventually carbon negative was largely addressing emissions generated by our relationship with Ethereum. The Merge dramatically changes that equation. Ethereum’s transition from Proof-of-Work to Proof-of-Stake consensus, known as … Read more
Ethereum’s imminent transition to the proof of stake (PoS) consensus will reverberate throughout the broader ecosystem in a multitude of ways, but it will have a singular impact on the carbon emissions profile of Polygon’s network. Thanks to the work of the Crypto Carbon Ratings Institute (CCRI), we can now share specific numbers on what … Read more
