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Home Technology

Green Blockchain Summit Next Step in Polygon’s Sustainability Journey

by Modesta Chi
July 12, 2022
in Technology
Reading Time: 2 mins read
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Polygon has announced it will be hosting Green Blockchain Summit, their next step in sustainability development, on July 13.

Take Away points

  • Polygon to host Green Blockchain Summit, their next step in the sustainability journey
  • The summit will convene founders, academics, leaders, and more across Web3 to discuss how to find solutions to the most urgent environmental problems facing the blockchain industry.

The Green Blockchain Summit

The Green Blockchain Summit is a virtual forum for Web3 leaders to develop solutions to the most urgent environmental problems facing the blockchain industry.

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The Event

The Summit will host, on July 13, founders, operators, investors, academics, and more across Web3 and beyond. Builders will gather to discuss the blockchain environment starting from on-chain carbon credits and NFTs, climate narratives, and lessons from other industries.

The event is open to the public. There will be an address from Sandeep Nailwal, Polygon co-founder.

Projects like Filecoin, Nori, Toucan, MOSS, KlimaDAO, and Flowcarbon will be panel discussions.

There will be enterprises like Gold Standard, EY, and Citi, and speakers from Time and Techcrunch.

This Green Blockchain Summit is different from other events in that it focuses on the goal of an agreement to collaborate on a framework for blockchain sustainability standards.

“Befitting the scale of the problem we are facing, the Green Blockchain Summit will cross network boundaries to bring together representatives of Polygon, Solana, and Celo in what we hope is just the beginning of cross-chain cooperation. Another thing that separates the Summit from the pageantry of the green events circuit is the focus on a concrete goal: an agreement to collaborate on a framework for blockchain sustainability standards.” According to the press release.

Polygon’s Sustainability

Polygon since April has been working towards the goal of finding solutions to the environmental problems facing the blockchain by being carbon negative. They set aside $20 million for the climate projects and for hiring a sustainability lead. Since then, the protocol has retired $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since the beginning.

You can register for the event here.

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Modesta Chi

Human. Writer. Fascinated about the metaverse, and its evolution.

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