Shane Ng's Contact Details

Shane Ng's Company Details

CarbonX is a carbon company seeking to change how climate projects are funded, commercialised and bought to mainstream media attention. CarbonX creates value with tokens through a Decentralized Autonomous Organization (DAO). CarbonX allows users to vote on and fund projects as a community, similar to the token approach provided by Gitcoin while using tokens within the DAO. There is a sparse number of Climate Change DAO's (Klimadao) and significant growth in ESG climate investment funds (e.g. BlackRock, Vanguard); however, for CarbonX, the usage of quest's blockchain and community funding allows greater community control and transparency within the DAO for individuals to know exactly where their investment is and where it's going. Using the blockchain, users earn fractional ownership in up and coming new green technologies, thereby finding an incentive to push the commercialization of projects funded by CarbonX.