The KlimaDAO and Mobilum partnership allows users to purchase KLIMA easily via their Mastercard or Visa credit cards

San Francisco, CA, May 20, 2022 – (PR.com) – KlimaDAO, a decentralized autonomous organization focused on advancing climate action through its carbon-backed and climate-friendly KLIMA token, announced today that its first on-ramp -Payment solution, the Mobilum payment gateway, is now live.

As KlimaDAO continues to be an engine for innovation in the burgeoning on-chain Regenerative Finance (ReFi) sector, the organization aspires to improve access to the market through key partnerships with payment technology solutions such as Mobilum Technologies, Inc.

Leontari, core contributor of KlimaDAO, commented: “It is the mission of KlimaDAO to democratize the fight against climate change. Our goal is to empower everyone – from large institutions to individuals – to participate in the carbon market. Our integration with Mobilum is a big step towards this goal. Mobilum allows users to easily purchase KLIMA using their Mastercard or Visa credit cards.”

To date, KlimaDAO has incentivized the creation of deep liquidity on the Polygon network for trading tokenized carbon assets, enabling the flow of value and finance to real projects that mitigate climate change. Various ReFi applications have sprung up to take advantage of this liquidity: the Toucan protocol was the first to allow bridging of carbon credits on Polygon, while more recently the C3 app introduced a unique incentive scheme to reward carbon market participants .

The use cases for tokenized carbon are multiplying – artists and musicians, for example, have used on-chain carbon to offset the carbon footprint of their NFTs, turning them into carbon sinks that absorb and lock carbon credits over time, producing climate-positive outcomes. Integrating the Mobilum gateway has significantly reduced the friction of onboarding new users into this regenerative ecosystem.

Mobilum boasts low processing fees of just 2.99% per transaction as user funds are routed from their traditional credit/debit cards to the KLIMA liquidity pools in decentralized exchanges on the Polygon blockchain. Users will also be able to sell their cryptocurrency assets and redeem them as gift cards in over 80 countries.

As a key partner supporting the Polygon blockchain in the implementation of its $20 million green manifesto, KlimaDAO’s strategic partnership with Mobilum represents a significant step towards mainstream adoption as non-crypto natives can now easily connect to the online Chain fight against climate change can participate.

In less than two months since the release of the KlimaDAO Carbon Retirement Aggregator, the combined effort of its partners and the 60,000+ strong “Klimate” community has resulted in the retirement of over 135,000 tons of on-chain carbon credits from the Verra registry, including this one sent out with messages about the Love Letter to the Planet campaign. This corresponds to the annual emissions of more than 29,000 passenger cars or 533.5 million kilometers driven.

About KlimaDAO
KlimaDAO is a decentralized autonomous organization (DAO) focused on the increasing demand for carbon credits. By accelerating the price growth of CO2 systems, KlimaDAO wants to motivate companies to reduce their emissions. KlimaDAO currently holds over 17 million tons of CO2 in its treasury, which equates to 86,265 hectares of forest, 3,750,662 cars (annualized) and 512,237,524 liters of gasoline. There are over 60,000 KLIMA owners or “Klimates”, 40,000 users on the KlimaDAO Discord, and 70,000 KlimaDAO Twitter followers.

About Mobile

Mobilum Technologies Inc. is a technology-driven Digital Service Provider (DSP) with a mission to make traditional finance accessible through digital payments infrastructure and digital asset management technologies, and to provide solutions for exchanges, wallets and cryptocurrency companies, NFTs marketplaces, protocols and decentralized applications, Metaverse and play-to-earn games. Our goal is to enable consumers around the world to convert fiat-to-crypto and crypto-to-fiat with Mobilum’s on-ramp and off-ramp solutions. Mobilum has offices in Canada, Poland, Estonia, Lithuania and the United States. Visit Mobilum.com for more information.

Press ContactNatacha Rousseau
[email protected]

Contact information:
KlimaDAONatacha Rousseau
323-352-6417
Contact by email
klimadao.finance

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