Dovu (DOV)

Dovu (DOV) is a digital currency that aims to power efficient carbon markets. Dovu focuses on two main objectives to combat the climate crisis: reducing emissions and offsetting what cannot be reduced. The platform utilizes distributed ledger technology (DLT) and other web3 technologies to revolutionize carbon markets, making them more accessible and efficient for both buyers and suppliers.

One of the key features of Dovu is its fast and cheap carbon onboarding process. Suppliers, regardless of their size, can quickly present their carbon offsets to potential buyers, ensuring supply meets demand. Additionally, the platform emphasizes full auditability, as every detail about a carbon offset is recorded on the distributed ledger, eliminating the possibility of fraudulent offsets.

Market interoperability is another important aspect of Dovu. The platform collaborates with any Measurement, Reporting, and Verification (MRV) system, enabling offsets to have greater liquidity between different carbon markets. This leads to more options for buyers and improved pricing for suppliers. By leveraging technology and fostering collaboration, Dovu aims to create a world with more efficient carbon offset markets, benefiting both stakeholders and the environment.