NFTs Could Save the Amazon Jungle

A Brazilian company has announced that it has started selling virtual land as NFT to finance the protection of the Amazon forest. Stating that they support the protection of forest areas, the authorities added that a photo of an Amazon plant or animal will be sent to people who buy it.

It enables the digital certification of unique assets found on the Internet by being processed into the blockchain. NFTs (non-fungible token) is increasing its popularity with cryptocurrencies without slowing down. Many people, companies and even the country are trying to invest in these technologies, which are expected to be very common in the coming years.

Yesterday I told you that a step has been taken in this regard from Ukraine, which is the occupation of Russia; We have mentioned that the government has started selling NFTs that show the breaking moments of the war. It was stated that these sold assets would be used to create war funds. Now is from brazil An NFT release has arrived. A company based in the country has announced that NFTs can help with an issue that is very important to our planet.

NFTs could save rainforests

nemus The company, named after the company, is facing huge problems such as the effects of climate change and deforestation. Amazon forests explained that one way to save money is with NFTs. Nemus, which owns 418 square kilometers of rainforest, is selling NFTs to finance the conservation of these areas.

In the statements made on Friday, it was stated that the people who buy the NFT will sponsor the protection of forest areas. Authorities say that revenues from these digital assets protect trees, regenerate open spaces, and implement sustainable development plans. expressed his support. The founder of the company, Flavio de Maira Penna, also said that people will not really own the lands sold as NFT; however, he noted that these individuals will have access to all information regarding the status of licensing and protection of satellite imagery.

Stating that they managed to sell 10% of the 8,000-hectare NFT offered for sale on the first day, Penna added that he expects sales to accelerate in the coming weeks. In addition, those who want to buy NFTs can reach the designated areas via online maps, to 81 hectares It was among the explanations that how much land could be bought.

Prices start at $50

NFT

In addition, the company; for the smallest parcels 50 Dollarsfor the largest $51,000 stated that the fee was included. In addition, each token is developed by a US-based company; one Amazon with a photo of your plant or animal It is stated that it will be delivered to the buyer together.

It should be noted that this situation raises some question marks. Many people believe that NFTs cause greenhouse gas emissions. requires intensive computing power and draws attention to environmental issues. But Nemus counters these criticisms, saying that the danger to Amazon is far greater than the costs incurred by NFT.

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Source :
https://www.reuters.com/business/sustainable-business/how-save-amazon-brazil-company-says-nfts-are-answer-2022-03-26/


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