Pyrpose - Get rewarded for fighting climate change

🌱 How do you select the companies you bring to the community?

We have a lengthy process to get on our platform. Our number one priority is to ensure that the companies presented to the community are delivering real reduction in carbon emissions. We are partial to solutions that are placed in off grid communities as these companies will not only reduce carbon emissions, but also contribute to people’s safety, health and overall wellbeing. Additonally, we work with 3rd parties to validate the impact the projects are having to ensure an unbiased and validated source of data. The final criteria is to ensure that the companies are sustainable financially, so that they can continue to operate and make impact.

🌳 Who started pyrpose, and why?

Pyrpose was co-founded in 2022 by Kevin Kyer and Oleg Kudrenko. Kevin has spent his career building digital marketplaces across the globe and got into climate 10 years ago. Oleg, has been writing code since he was 17 and spent his career in fintech. The two came together through an introduction in 2021 as both were looking to create distributed solutions to climate change. Both, Kevin and Oleg have mentored and advised startups across varying sectors and see how technology, used right, can provide new primitives for living sustainably. We are motivated to solve the biggest existential threat to our generation and empower the everyday person to take part in the solution. Want to meet the rest of the team and our board?

💰 How does pyrpose make money?

Pyrpose was founded on the premise that doing good for the planet and making a return is the model to solve the climate crisis. Therefore, all of the companies we work with have profits so that they are sustainable. These are not donations. The money of like-minded individuals placed on pyrpose is pooled together and then lent to the climate companies for working capital. When the climate companies return the money, with interest, pyrpose takes a portion of this interest and so does the community, allowing everyone to profit from helping the planet.

👣 How do you know my carbon footprint?

We calculate your carbon footprint by asking the questions that have the greatest impact on your footprint. This gives you a good estimate of not only the total amount of carbon you emit annually, but also its main sources so you can better understand which daily habits are driving your results. Our goal is for you to be informed as to the changes you can make to your habits first, and then if you want to do more, while earning a return, you can select the amount of investment that fits your goals.

🎯 What are your goals for pyrpose?

Our goal is to accelerate the energy transition by providing regenerative models so that all who want to participate, can. More than 70% of greenhouse gas emissions are from energy and therefore, we must transition to cleaner sources to tackle climate change. If we all made changes to our daily habits and also aided in the energy transition by getting direct access to the companies making the transition, we would take back the planet. Our platform is open to all and we are transparent about how we work, where we work, and how capital is used to reduce climate emissions.

🌿 I've got a climate company, can I get on pyrpose?

We love when our community brings us new climate companies. This is the power of being connected with like-minded individuals in climate and we are grateful that you are interested in joining. We will gladly consider your company and will take it through our process to evaluate the carbon emissions reduction (3rd party) and financial sustainability. Please contact us here to get the process started.

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