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HomeNFTFour Times NFTs Proved to Be Good for the Environment

Four Times NFTs Proved to Be Good for the Environment

When it comes to the environment, NFTs have a bad reputation and many of them are unfair. At the height of the ‘NFTs harm the environment’ frenzy in mid-2022, very uncontextualized claims For a single blockchain transaction that consumes as much energy as a medium-sized house consumes in three days, Twitter’s entire realm has exploded.

Two things are slowly but steadily beginning to clear up such misconceptions. The first is a growing understanding of blockchain technology and where the energy needs of different chains fit into the broader picture of human endeavours, which require industry. the second is ethereum mergeThe second largest blockchain achieved a staggering 99.5% reduction in energy consumption in September.

But this is only one side of the coin. Web3 enthusiasts are not only doing their best to mitigate the negative impact blockchain has on the environment. They are actively using NFTs to profit and improve. Here are four examples of how NFTs have won the planet (and the animals that live on it).

WWF Discontinues NFT Collection, Funds Conversation Efforts

Germany’s World Wildlife Fund dropped out in November 2021 irreplaceable animal, whose NFT collection aims to raise funds to save endangered species from extinction. The collection features 10 endangered species, including the Amur tiger, giant ibis, mountain gorilla, Persian leopard, and the world’s smallest whale species, the baquita.

Source: WWF

Released on the Polygon blockchain, WWF set the edition number of each animal NFT to the approximate number of each species still in the wild. For Baquita, for example, that number is only 22. A different artist created his NFT for each animal, and the collection includes works by Anna Rupprecht, Etienne Kiefer, Andres Ribon, Bosslogic, and more. So far, the organization has raised over €270,000 of his from the drop. Some of his NFTs in the collection (such as vaquita) are sold out, but there are still editions available for purchase. Don’t miss your chance to help endangered species back from the brink.

Fighting Land Degradation in Africa

Founded in the summer of 2021 by Kirck Allen, founder of the Kaloscope metaverse platform. Great NFTree A project to help combat land degradation on the African continent. Once the first collection is launched, the project will allow users to purchase his NFTs of trees connected to geotagged locations of actual trees planted in Africa. great wall of chinaThe wall is the world’s largest carbon capture project and aims to grow Trillion A tree spread over 8,000 km of land in Africa.

A bird's eye view of a region of Africa from above, featuring open plains and hundreds of trees.
Credit: The Great Green Wall

The NFTs in the Great NFTrees collection connect to one of the three Great Green Wall species: Baobab, Acacia, and Shea. After collecting NFTs, buyers can display their digital assets in the Kaloscope metaverse space. This will be a separate NFT in itself. Earlier this year, Karoscope announcement Adds William Kwende to the Board as a Strategic Sustainability Advisor. Kwende is well known in sustainability circles and in 2005 he founded Agritech. Agritech is focused on reaching the Sustainable Development Goals by training farmers in the Sahel of West Africa. Kwende also leads the Great Wall Initiative, along with the World Economic Forum and the United Nations.

90% of the proceeds from The Great NFTrees drop, scheduled to go live in 2023, will be donated to the Great Green Wall project. The remaining 10% goes to administrative costs. Kaleidoscope plans to allow collectors to purchase his NFTs with various cryptocurrencies.

bring animals back from extinction

In the summer of 2022, macaws became the first species not to go extinct. After disappearing from the wild and spending his 22 years in captivity, a group of iconic blue birds were released into the forests of Brazil’s Bahia state on June 11.Celebrating this important moment in animal conservation, the photographer Tim Flack cooperated with atlas lab The Association for the Conservation of Endangered Parrots (ACTP) said of his first NFT project: Project Unextinct — A collection of macaw images.

Flach and Atlas Labs dropped their collection on Nifty Gateway. Three of the six images were 1/1 NFTs and sold for over $22,000 each. 1 edition of 25 Leave the photography NFT Available in collections for $999 each, if you’re looking to make a difference in the world through Web3, now is the time.

Steve Irwin’s Australian Zoo Launches NFT Collection

June 2022, australia zoo We partnered with green NFT startup Meadow Labs to celebrate the 20th anniversary of Steve Irwin’s conservation organization Wildlife Warriors with an NFT drop.

Cyan Warrior Crocs NFT with glasses on purple background
Credit: Australia Zoo

With prices starting at A$50 (US$36.13), Australia Zoo has released 2,000 Warrior Crocs tokens that resemble members of the Irwin family in some way. In an interview with nft now, Martin Kelly, co-founder and CEO of Meadow Labs, said the project was “born out of a desire to use NFTs forever.” What makes this desire stand out is the fact that the drop was made on the world’s first carbon-negative blockchain. Algorand. Meadow Labs has committed 100% of primary sales to funding Wildlife Warriors and The Australia Zoo. This drop is the first in his planned five-part NFT animal collection series, which includes koalas, echidnas, turtles and wombats.

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