Introduction:

KNS domains, hosted on the Polygon blockchain, is revolutionizing the way corporations, individuals, and institutions engage with carbon offsetting and sustainability. By combining web3 domain functionality with robust carbon-offsetting mechanisms, KNS is creating a seamless interface for social representation of carbon neutrality and corporate responsibility. This extended vision includes new initiatives focused on corporate sustainability, technological innovation, and international collaboration.

How it Works:

KNS currently uses BCT (Base carbon tonnes), which are Verra-certified digital carbon credits (renewable energy) for offsetting through KlimaDAO's retirement aggregator. When a user mints a KNS, a portion of that is used to immediately retire BCT to become climate positive. Another portion is used to buy and stake the KLIMA token, and then committed to a contract that redirects 1/3 of the rebases to purchasing and offsetting BCT permanently. This enables the KNS to be carbon backed using the underlying carbon assets backing the KLIMA token and also a continuous offsetting tool.

KNS's carbon offsetting capabilities are further amplified through these strategic components:

• Corporate Social Representation: Using KNS domains, corporations can highlight their carbon retirements and offsets, aligning with ESRS principles and creating a transparent and verifiable sustainability profile.
• Sustainability Tracking: KNS offers advanced tracking solutions, quantifying and qualifying sustainability efforts, enhancing global alignment, and supporting the future of eco-conscious business practices.
• Continuous Offsetting: KNS continues to employ mechanisms that ensure ongoing retirement of BCT, backed by KLIMA tokens, reinforcing its commitment to a climate-positive world.

These combined features elevate KNS's capacity to address critical sustainability challenges, enhance transparency, and foster a cooperative environment for all stakeholders in the pursuit of global climate goals. Whether it's a corporation displaying its commitment to reducing carbon footprints or an individual participating in global climate initiatives, KNS facilitates the connection between sustainability, technology, and social engagement.

Other Features:

Love letter to the planet: Preserving the original emotional connection to environmental stewardship, KNS allows users to immortalize their commitment to the planet.

Referrals: Referral incentives remain, fostering community growth.

Enterprise Adoption and Compliance: New & Enhanced:

• Climate Impact Reporting: In response to CSRD legislation, KNS will provide integrated solutions for institutions to report, manage, and enhance their climate impact strategies.
• Tracking Compliance and Technological Improvements: KNS introduces tools for compliance monitoring, technological innovation tracking, and alignment with international standards and regulations.
• Business Integration: KNS will facilitate the integration of businesses of all sizes into a sustainable framework, empowering them to contribute to global climate goals.

About Team:

No changes to the core team, but with an increased emphasis on leveraging industry expertise and collaboration, KNS aims to build a community of innovators, partners, and advocates.

Previous Grant:

The experience from the previous grant serves as a foundation for responsible management, leading to better negotiation strategies, a more transparent working model, and an efficient system to guarantee work delivery.

How the Grant Will Be Used:

Major Changes & Expansions:

• Continued Development and Innovation: Focus on enterprise solutions, technological advancement, sustainable growth, and alignment with international regulations and standards.
• Onboarding of Expertise: Engaging smart contract engineers and industry specialists to facilitate KNS's new initiatives.
• Transition to IntoCarbon Brand: This rebranding signals KNS's evolution and commitment to a broader climate action mandate.

Timeline:

• New Landing Page & Dapp Rebranding: 2-6 weeks.
• Enhanced Social Presence: 8 weeks.
• Enterprise Solutions Development: Rolling out over the coming months.
• Engagement with Global Partners and Innovators: New Target - Ongoing collaborations to support KNS's international vision.

Conclusion:

KNS's transformation from a carbon-offsetting tool to a comprehensive platform for corporate sustainability, compliance, and climate-positive actions is at the core of its new vision. The extended functionalities, international alignment, and focus on innovation reflect KNS's dedication to being a leader in climate action, making it an ideal candidate for grant support.

Some useful links:

https://opensea.io/collection/knsdomains

https://www.kns.earth/#/

https://github.com/GwamiLabs