Earlier this year, when Elon Musk backtracked on his decision to accept Bitcoin payments for Tesla cars citing environmental concerns, he ignited a debate about the carbon footprint of all top digital assets exchanging ownership on the market.
One of the key takeaways from the recent market crash(es) in the aftermath of the Tesla CEO’s tweet and China’s decision to crack down on carbon-pumping Bitcoin mining is that the cryptocurrency market is desperately wanting greener interventions.
Integrating carbon credits with blockchain
One of the initiatives at PERL.eco is to integrate carbon credits with blockchain. The goal is to create an impact-driven ecosystem by tokenising real-world ecological assets.
If you haven’t been following us closely or are here for the first time, we want you to know that this is not an impulsive or spontaneous project. We are not weaving a project to gratify the market. PERL.eco has been in the pipeline for over 18 months.
We have only launched recently because we believe that the market is ripe to receive a project which is committed to delivering on its promise of creating a shapeshifting solution to one of the most pertinent problems facing global economies.
Here’s how the top cryptocurrency news portal, Cointelegraph, explains the rise in the PERL token price after we announced we were linking them to carbon credits.
Understanding carbon credits
PERL.eco is a groundbreaking initiative as we are pioneering the idea of linking a token to carbon credits. But what does that mean? Let’s break it down:
Real assets mean real advantage
Even when we were just conceptualising, with PERL, our goal was to create a cryptocurrency that had some real value. We have been consistently exploring scalable options and upgrading the ecosystem to adopt as we progress.
With carbon credits linked to the PERL tokens, we are creating a new class of digital assets that have real value and is scalable. As the carbon credit market grows, we are confident the real value of this new asset class will follow. Importantly, it makes carbon credits more accessible to everyone.
While PERL.eco has been in the pipeline for over 18 months, we never rushed the idea. Our team has been working on both the technical aspects and the brand-building by reaching industry leaders. We continue to do this and forge new partnerships with leading names.
Right now, the cryptocurrency market is volatile and while Bitcoin is stubbornly holding above the $30,000 mark, it is hard to tell what’s coming next. If you care about the environment and believe in our vision for a sustainable future and the carbon markets, join the next-gen climate revolution by participating in PERL.eco’s ecosystem.
The team at PERL.eco is so invested in the cause and look forward to continuing this journey with you. In the next coming weeks and months, we will be giving you educational summaries about the environment, as well as project updates including on our roadmap.
If you would like to learn more, please get in touch with us on Telegram or Twitter.
Disclaimer: Please be aware that no portion of this article should be construed as financial advice or a solicitation of investment. We recommend that you consult a licensed financial advisor before investing, speculating or trading in any digital currency or in any other asset class.
