• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

NFTs are Helping to Save the Environment

September 23, 2021
in Bitcoin
Reading Time: 2min read
0 0
A A
0
NFTs are Helping to Save the Environment
0
SHARES
4
VIEWS
ShareShareShareShareShare

In the last decade, there has been a growing awareness of the importance of sustainability, both locally and globally. The current growth in technology has made it possible to do more with less, which has led to the rapid expansion of the global population while at the same time causing unprecedented destruction of our natural resources.

We also have an unprecedented understanding of climate change and its effects on our world. As a result, many people are seeking ways to live more sustainably, both personally and professionally.

Protecting the Rainforest

The Amazon Rainforest is in trouble. In fact, it’s in very big trouble.

In the last few decades, nearly a fifth of the Amazon has been deforested and converted to agricultural land for purposes like soybean farming and cattle ranching. Deforestation is the leading cause of Brazil’s greenhouse gas emissions. Globally, tropical deforestation causes around 20% of annual greenhouse gas emissions.

The rainforest covers 5.5 million square kilometers (2.1 million square miles), or 40% of South America’s area. It stores an estimated 120 billion metric tons of carbon — equivalent to 10 times the carbon humans release into the atmosphere each year. Yet, humanity is still actively destroying one of the keys to life.

Amazon Watch is a leading environmental organization fighting the degradation of the Amazon. This is one of the initiatives supported by Next Earth, the project selling NFT tiles from a digital replica of Earth. With each NFT purchase, 10% is allocated to environmental organizations like Amazon Watch.

Cleaning the Oceans

Our oceans are in crisis. The rapid degradation of the environment is putting marine life in danger, and many experts believe that we may be reaching a point of no return.

As the world’s population grows ever larger and more industrialized, it has put an increasing strain on our natural resources. With over three-quarters of fish stocks fully exploited or over-exploited, and it’s expected that by 2050 there with more plastic than fish in the oceans by weight, there are serious concerns about what this means for the future of our ecosystem.

The solution to this problem is not as simple as banning plastics – although that would certainly help – it will take a major overhaul of how we live our lives to change consumer behavior. But perhaps technology can play a part too?

The Ocean Cleanup is one initiative aiming to remove plastic waste from our oceans. As with Amazon Watch, an allocation of NFT purchases on Next Earth are donated to this environmental group.

Innovative companies like Next Earth have come up with solutions that make us rethink how we consume digital content; from virtual real estate, and soon to land art, which can be bought and sold as NFTs.

These NFTs allow people to express themselves by owning unique assets, rather than just being “branded” users on social media platforms or having their data tracked online. This allows them greater control over how they present themselves online, which has obvious benefits for society beyond just looking cool: freedom from conformity improves mental health.

Ultimately, NFTs are powerful in many ways: As tools for creative self-expression, and also as ways to support your famous environmental initiatives, from cleaning up plastic in the oceans to saving our precious rainforests.

 

Photo by Shai Pal on Unsplash

Credit: Source link

ShareTweetSendPinShare
Previous Post

Blockchain Game Axie Infinity Updates Fees as Token Hits All-Time Low

Next Post

One River Asset Management Closes $41M Funding Round Led by Goldman Sachs

Next Post
One River Asset Management Closes $41M Funding Round Led by Goldman Sachs

One River Asset Management Closes $41M Funding Round Led by Goldman Sachs

You might also like

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

Enhancing EDF’s Fluid Dynamics Simulations with NVIDIA Nsight Profilers

June 12, 2025
Understanding the Role and Capabilities of AI Agents

Evaluating Multi-Agent Architectures: A Performance Benchmark

June 10, 2025
Ethereum Whales Gobble Up 1,700,000 ETH in Just 30 Days, Signaling Confidence: IntoTheBlock

Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker

June 16, 2025
Is Bitcoin Bottom In? Analysts Forecast Bounce Back

Bitcoin To See ‘Choppy’ Few Weeks, Retest Of Range Lows Next?

June 14, 2025
JPMorgan Files Trademark for ‘JPMD’ Web3 Project, Sparking Stablecoin Speculation

JPMorgan Files Trademark for ‘JPMD’ Web3 Project, Sparking Stablecoin Speculation

June 17, 2025
Dogecoin Must Hold This Support Or Risk Crashing To $0.015

Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign for Bitcoin?

June 17, 2025
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin Peak Expected, Altcoins Facing -95% Plunge

Bitcoin Peak Expected, Altcoins Facing -95% Plunge

June 17, 2025
Dogecoin Must Hold This Support Or Risk Crashing To $0.015

Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign for Bitcoin?

June 17, 2025

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Heart NumberHeart Number(HTN)$0.000000-30.47%
  • TadpoleTadpole(TAD)$0.000000-1.76%
  • SEENSEEN(SEEN)$0.000000-2.27%
  • EvedoEvedo(EVED)$0.000000-0.80%
  • MarginswapMarginswap(MFI)$0.000000-2.17%
  • SakeTokenSakeToken(SAKE)$0.0000004.37%
  • WTF TokenWTF Token(WTF)$0.0000000.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.000000-5.83%
  • RobotinaRobotina(ROX)$0.00000038.50%
  • CageCage(C4G3)$0.000000-3.67%