NFTs are Helping to Save the Environment
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....
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A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s NFT marketplace. Making NFTs Based on Photos of Tragedy According to a statement released on July 13, 2021, proceeds from the NFT sales will be donated to organizations that include the World Food Program, International....
Updated with comment from Ettore Rossetti, director of digital marketing and social media at Save the Children USA. Global charity Save the Children has announced it is now accepting bitcoin donations through a partnership with payment processor BitPay. The charity said it had started accepting bitcoin through its personalised BitPay donation page just in time for the winter holidays. "We have already seen the generosity of the bitcoin community, and working with BitPay allows us to keep 100% of the donations, helping us serve even more children," said Ettore Rossetti, director of digital....
In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save the Children’s acceptance of ADA donations was not the first time the non-governmental organization (NGO) had accepted crypto. In fact, Save the Children says it has been accepting donations in cryptocurrency form since 2013. However, some have questioned the wisdom of accepting donations in a form....
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about the energy use of NFTs. Wait a minute, environmentally conscious people. NFTs and the metaverse are not environmentally unfriendly technologies. To the contrary, they can save the planet and bring humankind a much greener future. The Crypto Mining Required for Minting Supports the Development of....
Cryptos are rarely out of the news these days, but no more so than Ethereum, which is burning up the news headlines, as quickly as it can burn up the gas (mostly for NFTs, which are having a moment, and for its exorbitant transaction fees), and then, of course, there’s the king of crypto, Bitcoin […]