Cryptocurrency advocates have been discussing a proposal by Makerdao founder Rune Christensen to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen asks for 20,000 MSEK 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, backed by controversial FTX co-founder Sam Bankman-Fried.
Makerdao co-founder’s climate change initiative finds mixed reactions
TO recent Makerdao Maker Improvement Proposal (MIP) from co-founder Rune Christensen proposes to use 20,000 manufacturer (MKR) tokens to finance a Scientific Sustainability Fund. According to Christensen, “Scientific sustainability is a central tenet 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 Makerdao forum post.
Christensen is a staunch climate change activist who wants the fund to combat “misinformation about energy solutions that have demonstrated a real-life track record of achieving scalable decarbonization.” At the time of writing, 20,000 manufacturer (MKR) tokens is roughly around $14 million using today’s exchange rates.
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 climatic disaster”. Some cryptocurrency advocates have scoffed at Christensen’s plan, with one vocation the “garbage” proposal and its defenders “thieves destroying value for MSEK Headlines.” another individual disputed the use of a stablecoin project to combat climate change.
A person commented that “it seems Rune has become fully effective in altruism”, referring to the movement promoted by former FTX CEO Sam Bankman-Fried. In response to this comment, another asked“Why don’t you use your own money instead of MSEK treasury?” While some people appreciated Idea of Christensen, others recommended for Makerdao to partner with Klimadao, a climate finance project.
What do you think of Makerdao co-founder Rune Christensen’s proposal to combat climate change through a $14 million Science Sustainability Fund? Share your thoughts from him in the comments below.
image credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or a solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
