Working to Protect the Environment with NFTs
As reported by Vox, global temperatures have already risen 1.3 degrees Celsius above pre-industrial levels, and a 2020 study found that 1 in 3 species could be extinct by 2070 due to climate change. We all need to do our part to help protect the environment, and that begins with the choices we make in how we spend our money. That’s why Next Earth, the virtual replica of Earth on the blockchain, donates a portion of all virtual land sales to environmental causes. Since a recent ITO, or Initial Tile Offering, on the platform sold over $1.3 million of virtual land, over $130,000 is going to....
Related News
Harborly. Harborly, a service that lets customers buy and sell bitcoins using their local currency, has decided to base its U. S. headquarters in Texas due to the state's favorable environment for Bitcoin companies. Also read: Texas Congressman Steve Stockman Introduces HR 5777: "To Protect Cryptocurrencies". Texas Has a Favorable Regulatory Environment for Bitcoin Companies. Choosing a national headquarters is a major decision for a startup. The company must consider a variety of factors, including investor networks and the regulatory environment. This decision can be especially difficult....
It’s the Labor Day Weekend edition of ‘NFTs In A Nutshell,’ but the NFT community isn’t taking days off. Venture capital firm a16z is looking to release a new slate of NFT frameworks that aim to protect creators, LG televisions are the latest to incorporate NFTs, and the hype around upcoming Solana-based NFT project, y00ts, […]
OVRLand is selling around 5,000 different NFTs every day. In total, OVR has sold 60,000 NFTs since its launch on November 30th. Meanwhile, the token has also reached the $1 mark. Each OVRLand is essentially an ERC721 token in which there is a 3D environment that can host games, events and tournaments. OVR Is Setting New Records With OVRLand It’s a well-known fact that 2021 is the year of the Non Fungible Tokens (NFTs) and that’s probably one of the reasons why Italian project OVR is setting new records with its OVRLand. At the time of writing, OVRLand is selling around 5,000....
The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat criminal activity facilitated by cryptocurrencies, the chairman noted. SEC Working With CFTC, Treasury on Crypto Regulation, Urges Congress to Pass Legislation The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked Congress to take action regarding....
NFTs continue to make a splash with brands, music and entertainment, and other verticals. However, the excitement surrounding the NFT environment has cooled a bit relative to last month. Like most markets, we see cooler periods where the action is slower-moving and less substantial, and we may be entering (or into) that period. We saw […]