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2022-01-11 23:00:51

Cardano Foundation Completes Funding To Plant 1 Million Trees

Last year, the Cardano Foundation announced that it was partnering with Veritree to plant a million trees. This partnership was part of the project’s commitment towards going carbon green and helping to combat climate change. Over the next few months, the foundation had continued to push this project, raising money in the process for the trees. Now, the foundation is ready to begin planting its million trees as it completes funding for its project. Cardano To Plan 1 Million Trees In Kenya In a recent tweet, Chief Executive Officer of the Cardano Foundation, Frederik Gregaard, confirmed that the project was now 100% funded and ready to go. The #CardanoForest project is aimed at planting trees to combat deforestation and restoring land and local ecosystems. With this, Cardano aims to push forward its Cardano Global Impact Challenge in what will be the first of many. Related Reading | Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom It shows the Cardano Foundation’s commitment to the well-being of the environment and maintaining a green footprint. Partnering with blockchain startup Vertiree, which uses blockchain technology to aid tree-planting efforts across the globe and keeping track of the trees planted. The funds for the 1 million trees project were sourced from the Cardano community, with those who donate 15 ADA and above receiving a Digital Land Restoration Certificate, as well as other rewards, and b...

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