# GM 1.5 Carbon offsetting studio


### **Author:**

Cyphr

### **Proposal date:**

February 10, 2022

### **Summary:**

In an effort to become an environmentally responsible business, I propose that for each studio drop we look to offset our carbon emissions by 5x. 

This would combat the typically large footprint that NFT’s & proof of work consensus mechanisms typically have on the environment. 

This would also differentiate ourselves vs a number of platforms that do not do this. 

### Risks:

Not doing this encourages the negative image that NFT’s & crypto has towards environmentalists. 

### **Payout recipient:**

[https://offsetra.com/](https://offsetra.com/) or similar environmental carbon reduction projects

### **Payout amount:**

This will vary based on computation & volume of any given drop. 

Based on calculations provided by [@ike](https://www.notion.so/ike-a4ef253611974266b6e60d440548a375), Mind the Gap's blockchain usage (minting, txs, trading) so far has emitted 30 metric tonnes of carbon (low estimate). Times this by 5 and we reach a low carbon footprint of 150 tonnes which we would look to offset. 

Carbon credits via offsetra = $4.83 per tonne, making our burden $724.5

**I suggest we round this to $1,000 to be safe**

### How **have you already contributed to the DAO?**

N/A

### How do you want to contribute to the DAO going forward**?**

N/A

### **Sponsors:**

[@ike](https://www.notion.so/ike-a4ef253611974266b6e60d440548a375), MV, Willyham, [@Rich](https://www.notion.so/Rich-6535feca38cd48f3839658262e6834f9)