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Makerdao Co-Founder’s Climate Change Initiative Meets Mixed Reactions

Admin by Admin
February 7, 2023
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Makerdao Co-Founder’s Climate Change Initiative Meets Mixed Reactions
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Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions.

Christensen is asking for 20,000 MKR tokens to move forward with the idea. The draft of the Maker Constitution was criticized on social media, with one person comparing Christensen’s idea to the Effective Altruism movement, which is backed by the controversial FTX co-founder Sam Bankman-Fried.

A recent Makerdao Maker Improvement Proposal (MIP) by co-founder Rune Christensen proposes using 20,000 makerdao tokens to fund a Scientific Sustainability Fund. According to Christensen, Scientific Sustainability is a core principle of the Maker Constitution that recognizes the unique critical relationship between financial infrastructure and the global environmental risks of climate change,” This statement was made in a post on the Makerdao forum.

Christensen is a staunch climate change activist that wants the fund to combat “misinformation about energy solutions that have proven, real-life track records of achieving scalable decarbonization.

Although Christensen believes the science of climate change is settled, there are still those who deny its existence and many people insist that there is “no climate disaster.” Some crypto advocates have mocked Christensen’s plan, with one calling the proposal trash and its advocates thieves destroying value for MKR  holders. Another individual questioned the use of a stablecoin project to combat climate change.

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