{"id":283198,"date":"2021-06-24T23:00:00","date_gmt":"2021-06-24T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/enjin-joins-crypto-climate-accord-goes-carbon-negative\/"},"modified":"2021-06-24T23:00:00","modified_gmt":"2021-06-24T20:00:00","slug":"enjin-joins-crypto-climate-accord-goes-carbon-negative","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/enjin-joins-crypto-climate-accord-goes-carbon-negative\/","title":{"rendered":"# Enjin joins Crypto Climate Accord, goes carbon negative"},"content":{"rendered":"

“# Enjin joins Crypto Climate Accord, goes carbon negative <\/strong>”
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Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry\u2019s growing environmental mandate.\u00a0<\/p>\n

The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate Agreement, the Accord was established in April to address the “large and growing energy consumption of cryptocurrency and blockchain, and the climate impact of their energy use.\u201d<\/p>\n

Enjin claims<\/a> that its JumpNet blockchain has already achieved carbon-negative status nine years ahead of schedule. In March, the company said<\/a> it planned to enable carbon-neutral NFTs by 2030. <\/p>\n

\u201cThe creation of new forms of technology<\/a> should never come at the cost of destroying our environment,\u201d said Enjin CEO Maxim Blagov. \u201cCarbon neutrality for JumpNet is an important step toward our vision of a sustainable NFT ecosystem for Enjin and our partners.\u201d<\/p>\n

In addition to decarbonizing newly created tokens, Enjin\u2019s environmental sustainability plan includes supporting the tokenization of the physical economy and decarbonizing existing digital assets. Other measures include upgrading to carbon-neutral nodes and incentivizing carbon reduction technologies. <\/p>\n

Environmental concerns have virtually hijacked Bitcoin\u2019s narrative this year, with the likes of Elon Musk casting shade over carbon-intensive mining. The Tesla CEO briefly embraced Bitcoin earlier this year before deciding that BTC payments are no longer acceptable due to environmental risks. Now, he states that his firm is willing to accept payments of the virtual currency, provided there’s more evidence for sustainable mining. <\/p>\n

Related: <\/em><\/strong>Elon Musk lays out when Tesla will begin accepting Bitcoin payments<\/em><\/strong><\/p>\n

Other environmental sustainability efforts within crypto are also underway. As Cointelegraph reported, Tyler and Cameron Winklevoss\u2019 Gemini exchange has purchased carbon credits to reduce Bitcoin\u2019s carbon footprint. Separately, U.S. miner Stronghold Digital Miner recently announced that it raised $105 million to divert waste coal to cryptocurrency mining.<\/p>\n