KlimaDAO partnership with Transak

Published on: 30.03.2022

KlimaDAO is pleased to announce its partnership with Transak. Transak’s mission is to make it as easy as possible to enter the web3 world, reducing the steps and pain points for users along their journey. It provides a service that allows people to directly purchase major crypto assets – now including KLIMA – via their credit card, debit card, Apple Pay, or bank transfer, using more than 70 different currencies.

The partnership with Transak immediately integrates Transak’s payment system into the KlimaDAO website, making it simple for users to purchase KLIMA and seamlessly on-board directly onto the Polygon Network. A Transak portal has already been deployed on the Love Letter to the Planet campaign page.

The partnership allows users to access the ReFi ecosystem without having to bridge funds across different networks, which can be a complex and often costly process. Specifically, the integration of Transak facilitates the simple and inexpensive transactions that have allowed for them to enable individuals and businesses to send  Love Letters to the Planet.

Their Love Letter Campaign lets users retire carbon credits to offset emissions. Now, using KlimaDAO carbon retirement aggregator, anybody can quickly retire any amount of carbon they choose. They can also dedicate their offset carbon to the planet, a loved one, or any other person (or thing!) they choose, sending a message that will live forever on the blockchain.

These messages and retirements are conducted on the Polygon Network, which is very energy-efficient, resulting in a low carbon footprint and inexpensive transactions. Users have been able to send love letters that cost anywhere from the cost of a cup of coffee, all the way up to hundreds of tonnes of carbon to offset their entire organization’s footprint.

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Use Transak to send a Love Letter to the Planet

The steps are simple:

1. Navigate to loveletter.klimadao.finance, and scroll to the Transak widget.

2. You can select from 75 different global currencies, and pay through bank transfer, Visa/MasterCard, or other methods (depending on your region and currency).

3. Enter your address and purchase KLIMA to your wallet address. Once the transaction has been confirmed, you’ll have access to your KLIMA on the Polygon Network.

4. Now that you’ve secured KLIMA, you can use it to send your love letter, or you can stake it to accumulate more offsetting power.

Send a Love Letter to the Planet

When you’re ready, here’s how to send your love letter:

1. Open the dAPP and connect your wallet, which is holding the KLIMA balance from your Transak transaction.

2. Select what types of offsets you’d like to retire. You can choose between NCT, BCT, and MCO2.

3. Choose a Beneficiary (to whom to dedicate the letter), and write your letter in 280 characters or less.  Check out some other love letters here.

Transak has also committed to using the KlimaDAO retirement aggregator and to writing a love letter themselves. This will allow them to offset their own carbon emissions.

KlimaDAO partnership with Transak allows them to remove a key friction point of the onboarding process. They look forward to further collaboration with Transak in order to make the KlimaDAO retirement aggregator even easier to use, while also broadening access to the growing ReFi economy as a whole.

About Transak

Transak is a single integration for applications to enable fiat-to-crypto on-ramp from a global user base. It does this by providing API-driven fiat payment methods to on-ramp to 100+ crypto assets and abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support. Transak’s widget can be integrated into an app in just a few lines of code. Transak is backed by top VCs, including Consensys and graduated from the Tachyon accelerator program.

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About KlimaDAO

KlimaDAO is a black hole for carbon at the center of a new green economy.  A decentralized and open market for carbon. Its token incentivizes investors, citizens, and organizations to participate in and govern this new economy. By increasing access and demand for carbon offsets, it make pro-climate projects more profitable, while forcing companies to adapt more quickly to the realities of climate change.

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SOURCE: https://www.klimadao.finance/blog/klimadao-x-transak-making-offsetting-simple

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