The Ringcold cryptocurrency is the first decentralized crypto currency to promote the reduction of greenhouse gases
With the help of its community of hundreds of thousands of investors, Ringcold hopes to promote environmentally responsible investing while also introducing new ways to invest in the blockchain market. By using a non-political cryptocurrency, the company will be able to attract investors who are interested in investing in NGOs that are doing good things for the world.CoinStamp, a blockchain platform that uses the Proof of Work algorithm, has developed an eco-friendly cryptocurrency that does not consume power. Mining cryptocurrencies uses large amounts of power, often near the cheapest sources of energy. Increased emissions from mining crypto are linked to a higher risk of premature death and severe health problems. A coalition of over 70 organizations have called for lawmakers to address the environmental implications of this cryptocurrency. The project is backed by the Blockchain for Climate Foundation Ringcold consists of a group of 45 individuals and companies looking to create a m...