London - EarthByt (EBYT), a deflationary crypto project on the binance smart chain focused on environmental sustainability, announced today the donation of 2 trillion EBYT tokens to the International Biochar Institute. The generous donation, made possible through the allocation of 2% of all EBYT transactions to the Carbon Wallet, aims to support and advance the Institute's groundbreaking initiatives in the field of biochar research and development.
The International Biochar Initiative (IBI) is a global non-profit organization dedicated to promoting the sustainable production and use of biochar. Biochar, a type of charcoal produced from biomass, holds immense potential to mitigate climate change by sequestering carbon in the soil, improving soil health, and reducing greenhouse gas emissions. IBI's research and education programs play a vital role in advancing the understanding and application of biochar worldwide.
The donation of 2 trillion EBYT tokens to the IBI marks a significant milestone in EarthByt's commitment to fostering environmental sustainability. Through its unique decentralized ecosystem, EarthByt empowers token holders to actively participate in decision-making processes, including the allocation of funds for charitable causes.
Annually, EarthByt (EBYT) token holders exercise their voting rights through the platform’s decentralized application (Dapp) to determine the allocation of funds from the Carbon Wallet. This democratic approach ensures transparency and inclusivity, allowing all token holders to have a say in the selection of deserving organizations.
"EarthByt is thrilled to contribute 2 trillion EBYT tokens to IBI. We look to help them and other great organisations by promoting and practicing crypto philanthropy and sustainable project funding," said Dan Bramley, Founder of EarthByt. "We firmly believe in IBI’s mission and recognize the crucial role biochar plays in combating climate change and promoting sustainable land management practices. By supporting their work, we hope to accelerate the adoption of biochar solutions and make a positive impact on our planet."
" We are honored to receive this donation and the support of the EarthByt community," said Wendy Lu Maxwell-Barton, IBI Executive Director. "These funds show us the potential of utilizing sustainably created crypto currency to further our work. We are excited about the possibilities this partnership holds."
The EarthByt (EBYT) token's underlying blockchain technology ensures the integrity and security of transactions, further reinforcing the trust and transparency of the donation process. EarthByt's commitment to environmental causes aligns with the broader vision of leveraging blockchain technology for the betterment of society.
About EarthByt (EBYT)
EarthByt (EBYT) is a deflationary token designed to address pressing environmental challenges. By incentivizing sustainable practices and enabling democratic decision-making, EarthByt empowers individuals and organizations to contribute to a cleaner and greener future. For more information, please visit www.earthbyt.io
About IBI
Founded in 2006, the IBI provides a platform for fostering stakeholder collaboration, good industry practices, and environmental and ethical standards to support biochar systems that are safe and economically viable.
With over 600 members based in 63 countries, IBI members include carbon markets, biochar producers, biochar users, technology innovators, researchers, and other non-profit organizations.
For more information, please visit www.biochar-international.org.
Media Contact
Company Name: EarthByt (EBYT)
Contact Person: Dan Bramley, EarthByt founder
Email: Send Email
Country: United Kingdom
Website: www.earthbyt.io
