August 25, 2022 – Singapore, Singapore
Nature’s Vault, a Singapore-based inexperienced tech firm, introduced in the present day a strategic collaboration with Polygon Network, a number one Internet 3.0 protocol supplier.
Launched earlier this yr, Nature’s Vault’s mission is to develop revolutionary and impactful ESG investments that fight local weather change particularly greenhouse gasoline emissions and ecosystem degradation. It’s the primary blockchain answer to tokenize geologically quantified un-mined gold deposits.
The corporate’s first undertaking, the Legacy Token, in the end goals to accumulate the mining rights over and defend at the very least a million ounces of gold, situated in environmentally pristine places throughout Canada.
The corporate has already acquired the primary 125,000 ounces at a location known as Pistol Lake in Ontario and is in lively negotiations on their second acquisition. This preservation of gold is then tokenized because the Legacy Token or NVLT.
Polygon is a layer two blockchain improvement platform that believes in making Internet 3.0 extra accessible. Polygon permits builders to construct scalable user-friendly DApps with low transaction charges with out ever sacrificing on safety.
The Polygon ecosystem permits builders to sidestep plenty of limitations on the Ethereum blockchain, particularly excessive gasoline charges and sluggish throughputall whereas leveraging the security measures of the Ethereum mainnet.
Stefan Renton, sustainability lead at Polygon, stated,
“Polygon acts as a base layer for innovation and improvement of recent options to our planet’s most crucial issues. That’s the reason we’re delighted to have Nature’s Vault on Polygon. Nature’s Vault is tackling environmental influence in a inventive method, showcasing itself for example of tasks we’re strongly dedicated to supporting.”
Polygon is a multi-purpose ecosystem that leverages eco-friendly proof-of-stake consensus. On the time of writing, over 3.4 billion transactions have been made on the platformwith over three million transactions per day and the platform hosts over 37,000 decentralized functions serving a consumer base of over 142 million.
As a strategic companion, Polygon hosts the Legacy Token on the Polygon blockchain and can facilitate transactions of the token as soon as it launches. Presales of NVLT begin subsequent month, and Nature’s Vault expects to carry its public sale of the Legacy Token in November 2022 on a number one world change.
Phil Rickard, founder and CEO of Nature’s Vault, stated,
“We’re delighted to companion with Polygon and place Legacy Token of their quickly increasing Internet 3.0 ecosystem. Collectively, we’re creating actual alternatives for traders to not solely purchase a gold-linked token but in addition take part straight in our mission to fight local weather change by lowering pointless gold mining. We’re working exhausting to alter the best way society thinks about and invests in gold. An funding in Legacy Token on the Polygon community is an funding in our planet’s future.”
About Nature’s Vault
Nature’s Vault, is a Singapore-based inexperienced tech firm, specializing in revolutionary and impactful pure capital options. Nature’s Vault’s focus is on the long run. Past the local weather disaster, they imagine within the conservation of pure capital assets, which all of us have an obligation to guard.
Nature’s Vault’s imaginative and prescient is to construct the world’s pre-eminent ESG finance platformgiving everybody entry to investments that defend our planet. Their mission is to broaden accessibility and speed up funding of impactful initiatives combating local weather change and ecosystem harm, advancing us to a net-zero future.
For extra info, go to the hyperlink under.
Jason Wagner, COO of Nature’s Vault
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