CryptoWire: Crypto newswire and press release distribution
  • Home
  • About Us
  • Newsroom
  • Network
  • Pricing
  • Contact Us

Recent Posts

  • KuCoin Wealth Broadens Access to Professionally Managed Strategies...

  • Bybit Indonesia Supports Post-Flood Education Recovery in North...

  • Alpha Ladder WealthX Among Asia’s First to Bring...

  • Bybit Opens the Floor, Inviting Users to Weigh...

  • ShardLab Invests in StoreHub, Launches Joint Venture to...

© 2024 CryptoWire | All Rights Reserved
Blockchain & DeFi

Evadore pioneers sustainable ReFi ecosystem, lists on cryptocurrency exchanges

by cryptowire.ai September 15, 2023
September 15, 2023
335

The Evadore Regenerative Finance (ReFi) project, designed to advance global renewable energy with offerings such as Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest, and CarbonEva was listed earlier today on major cryptocurrency exchanges around the globe.

MENA Newswire: ISTANBUL — Evadore, the transformative Regenerative Finance (ReFi) ecosystem by EvaLabs, is now listed on leading cryptocurrency exchanges like Lbank, Bitmart, P2PB2B and XT The platform aims to unite blockchain entrepreneurs, start-ups, and communities through eco-friendly blockchain technologies that are forging a more sustainable world.

In its tokenomics analysis, the Evadore whitepaper notes that 39.045% of the total initial supply was sold in the Initial Exchange Offering (IEO). The remaining allocations are: 4% for marketing, 3% for AirDrops, 7.5% for staking rewards, and 16% has been set aside for the Evadore Foundation.

A blockchain solution to carbon emissions

Evadore, an EvaChain-based initiative by EvaLabs, advocates for applying ReFi principles—centered on sustainability, social justice, and environmental stewardship—to blockchain financial systems. EvaLabs CIO Isiah Cargo highlighted the urgent need for change, noting that “87% of energy used by blockchain technologies comes from non-renewable sources.”

Investing in renewable energy

The project’s technical document reveals plans for a financial system that pivots away from fossil fuels towards sustainability. Revenue from Evadore ecosystem will go toward mitigating carbon emissions, specifically funding hydroelectric, solar, and wind energy projects. Isiah Cargo also indicated plans for Evadore to facilitate carbon offset initiatives and combat deforestation by acquiring carbon credits via the Evadore Foundation.

The comprehensive ecosystem is more than just a wallet

EvaLabs’ ReFi ecosystem provides a wide array of sustainable financial products and services. These include Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest, and CarbonEva. Isiah Cargo underscored Evadore’s commitment to a balanced ecosystem, stating, “Evadore invites the world to a carbon-free future through its globally scalable, carbon-neutral blockchain solution.”

CryptoWire – Third Party Release
The content presented on this page originates from an independent source. Neither this site nor CryptoWire make any guarantees or assertions regarding its accuracy or reliability. If you wish to request the removal of content associated with this page, please reach out to support@cryptowire.ai

0 FacebookTwitterPinterestEmail
previous post
TOKO AND VIRTUZONE SIGN COLLABORATION TO LAUNCH DUBAI’S FIRST TOKENISED EQUITY CROWD FUNDING PLATFORM
next post
BingX Announces Strategic Sponsorship for Dubai Future Blockchain Summit 2023

You may also like

Alpha Ladder WealthX Among Asia’s First to Bring xStocks US Tokenised Equities to Institutional...

September 11, 2026

Institutional-Grade Allocation in a Single Account: BiFu’s Wealth Suite Takes Shape, Bringing Managed Funds...

August 21, 2026

HTX Ventures Examines Open USD: How Stablecoin Revenue and Rule-Setting Are Being Redistributed

August 13, 2026

KuCoin Strengthens Its RWA Ecosystem with Ondo Tokenized Stocks on KuCoin Alpha

August 11, 2026

1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi

July 28, 2026

HTX Research Examines RWA and DeFi: Two Separate Tracks Converging into One Financial Loop

July 27, 2026

Bybit Expands Fixed-Return Dual Asset Product Beyond Crypto With xStocks

July 23, 2026

AFX Surpasses $1.1 Billion in Total Trading Volume, Highlighting Capital Efficiency in On-Chain Derivatives

July 10, 2026

Mantle Migrates Its Super Portal to Chainlink CCIP, Bringing Institutional-Grade Security to Every Cross-Chain...

July 9, 2026

Bybit Livestream: Showcasing Blockchain for Good Alliance’s Latest Incubation Cohort

July 2, 2026

Categories

  • AI
  • Bitcoin & Altcoins
  • Blockchain & DeFi
  • Business
  • Ethereum & NFTs
  • FinTech
  • Gaming
  • News
  • Policy

Editor’s Picks

  • KuCoin Hosts HEXAGON BLOCK PARTY at Hong Kong Web3 Festival,...

  • LTP Makes Strategic Investment in Digital Prime Technologies to Accelerate...

  • The Steadfastness of a 13-Year Veteran Exchange: Understanding the Risk...

  • DatoDurian Pioneers Malaysia’s Farms with First Tokenization of Durian Farm

  • Coining 2024 ‘A Year Of Onboarding’, Sumsub Report Predicts 2025...

Crypto Wire disrupts global news and PR distribution by seamlessly integrating AI for precise audience targeting and engagement. With NLP, content enhancement, and strategic deployment, we amplify your message for maximum impact.

Pages

  • About Us
  • Editorial Process
  • Network
  • Newsroom

Useful Links

  • Contact Us
  • FAQs
  • Blog
  • Pricing

Contact information

  • support[@]cryptowire.ai
  • @Crypto_Wire_Ai
  • +971 58 568 8333
  • Weekdays: 10 AM - 10 PM GST