Consumption Entity
Token Holdings
Zumo App
Token holdings represent the ownership of a certain type of cryptocurrency e.g. on an exchange, wallet or some other app. Offsetting usually works by calculating the total share of the owned tokens and from that the share of total
Consumption Entity Info
Type
Token Holdings
Name
Zumo App
Description
Full decarbonisation of all BTC purchased via the Zumo App for the 'Zero Hero' live trial.The methodology used and findings from the trial can be found in 'Decarbonising Crypto: Towards practical solutions'. The trial included all purchases of Bitcoin via the Zumo App over the trial period. Individual wallet addresses cannot be revealed for reasons of privacy.
Token Name
Bitcoin
Chain
Bitcoin
Token Type
Layer One
Amount
50
Total Impact of Zumo App
Zumo purchased 850 MWh of Renewable Energy Certificates for Token Holdings: Zumo App.
Total impact
850
MWh
= 602.38
TONS CO2
290.21ha
of North American Forest