Famed billionaire and reality TV star Marking Cuban has revealed he is using blockchain technology to lock upward carbon offsets on the Polygon Network.

In a Sat Twitter thread sharing a Cointelegraph story on KlimaDAO, the billionaire blockchain enthusiast stated that he has been buying $50,000 worth of carbon offsets and placing them on-concatenation as Base Carbon Tonnes (BCT) roughly every 10 days since the launch of KlimaDAO.

BCTs are digital assets bridged onto the Polygon Network past Toucan Protocol that represent one ton of carbon from the Verified Carbon Unit registry. KlimaDAO, a decentralized blockchain project that aims to drive appreciation of the toll of BCT and has accumulated over ix million BCTs, told Cointelegraph that it uses Polygon because it is a proof-of-stake network with negligible emissions that generates a low carbon footprint.

Cuban indicated in the aforementioned Twitter thread that he would be open to working with KlimaDAO to promote carbon removal perhaps over carbon offsets. He said:

"I've been buying 50k in offsets every 10 days or so, verifying them and putting them on chain every bit BCT. I would dearest to do the same affair and probably more than with removal within KLIMA."

Cuban'south support for KlimaDAO comes as no surprise — Klima is in his portfolio of investments. He could not exist reached for comment on the extent of his involvement with Klima.

It is likewise not the Mavericks owner's commencement foray into the blockchain-based environmental, social and corporate governance space. DClimate announced in June of this year that Cuban had joined the network as an investor and strategic advisor. DClimate is the outset network for decentralized climate data.

Cuban said, "I'm excited to be working with a team that is using blockchain and smart contracts to solve a pressing, real-world problem and that is edifice a platform to assistance organizations around the world build climate resilience."

Related: Bitcoin miners expect toward nuclear power for sustainable energy

Cuban appears to exist leaning into blockchain solutions to address climate challenges, with ii of the three environmental investments listed on the Mark Cuban Companies website focusing on distributed ledger technologies.

Final week'southward COP26 climate conference in Scotland besides saw the inception of a new blockchain initiative aimed at tackling climate problems.