Tavis Digital has announced it is joining the Regen Network and actively supporting the network by operating a white-labelled validator node. The Swiss digital asset manager participated in Regen’s Genesis block and is now open to accepting delegations from all ecosystem participants, whereby they can stake their assets to earn staking rewards.
Tavis Digital has established itself as a reputable and experienced validator nodes operator which provides reliable and resilient staking infrastructure. This engagement with Regen Network is strongly driven by Tavis Digital’s commitment to making the blockchain space more sustainable. In comparison to the traditional Proof-of-Work mechanism, Proof-of-Stake is a more energy-efficient consensus algorithm as staking consumes very little energy and does not require special hardware. Moreover, as a project focusing on regenerative land management and carbon credits, Regen Network is utilizing blockchain technology to realign the short-term economic gains of businesses and the long-term ecological health of the globe.
Christian Speckhardt, Partner at Tavis Digital, further explains the choice of Regen:
“We observe the development of the ‘Blockchain for Impact’ space with great interest. Regen Network is a leading project in this space, truly interested in regenerative land management and sustainable agriculture. By creating an open marketplace for project related carbon credits, Regen also contributes to climate action under the UN Sustainable Development Goals.”
Despite increasing traction in the digital assets sector, it is still challenging for regulated investors and wealth managers to enter the space. Safe handling of digital assets and securities is still challenging and costly. Setting out to overcome these barriers, Tavis Digital offering its white-labelled blockchain validator nodes allows them to add to their ever-expanding range of financial products and services to delegators and institutional investors.
Tavis Digital believes there is increasing demand for institutional quality digital financial products, professional asset management services and robust operations. ‘First mover’ financial institutions can now benefit from Tavis Digital’s unique expertise, track record and market position without reputational or regulatory risk.
Regen Network’s co-Founder, Christian Shearer said:
“the climate finance space is in desperate need of an overhaul. This is what Regen Network is setting out to do. We’re extremely happy to be teaming both with Tavis Digital and Sonic Capital to help bridge the worlds of crypto-finance with the worlds of traditional finance. It’s a bridge that is absolutely necessary if we are going to reverse global climate change.”
Stefan Rust, the Founder and CEO of Sonic Capital comments:
“it is an exciting day when the Regen Network gets adoption with more mainstream and institutional investors. Regen has built the carbon registry on the Cosmos blockchain and great to see validators securing and validating this new global open registry. We look forward to working with Tavis Digital on this and other projects.”
About Regen Network
Regen Network is the open marketplace for climate solutions. Regen Network’s platform aligns economics with ecology to drive regenerative land management. Regen’s Registry allows land stewards to sell their ecosystem services to buyers around the world, functioning to reverse climate change and improve their soils, through incentivized carbon removal.
About Tavis Digital
Tavis Digital is a leading Swiss asset management company that focuses entirely on the portfolio management of digital assets. As a spin-off of Tavis Capital AG, a FINMA-regulated asset manager with over CHF 1 billion AuM from institutional investors, Tavis Digital positions itself as a pioneer in the asset management industry.
Tavis Digital currently runs 7 validator nodes (including Regen) and has around $90m assets under delegation.
About Sonic Capital
Sonic Capital invests in blockchain projects that build solutions for a better future. Sonic Capital is co-founded by former Bitcoin.com CEO Stefan Rust and innovation and investment expert Alyssa Aaron.
About Staking and Proof of Stake (PoS)
Blockchain networks pay participants to secure them. The most famous example is the Bitcoin (BTC) blockchain, which uses a Proof-of-Work (PoW) mining algorithm. However, mining has downsides such as high energy consumption and technical difficulty. Proof-of-Stake (PoS) is an alternative consensus mechanism (way to verify and secure transactions) that allows users to generally secure blockchain networks with minimal energy consumption and therefore enables the possibility of a sustainable blockchain operation.