The Amazon Rainforest is in desperate need of assistance. And it may be saved by NFTs. A Brazilian business has acquired land parcels in the Amazon and is reselling them as NFTs.
Moss is a climatic firm based in Brazil. They are in the business of selling blockchain-based environmental solutions. Until recently, they have been renowned for selling carbon credits to large corporations (such as airlines) that are wreaking havoc on the environment. The airline purchases carbon credits, and Moss offsets them by planting trees and conserving the rainforest, thus repairing the harm done by corrupt corporations.
According to the firm, via globally verified and audited programmes, they have protected about 735 million trees in the Amazon.
They now want to make a concerted effort to safeguard the Amazon rainforest as a whole. As a result, they have devised a method for doing this. They just acquired a sizable chunk of Amazonia and separated it into hectares. NFT has the rights to each hectare, which they are presently selling. The Moss Amazon NFT enables interested people to contribute to the forest’s upkeep.
Moss hopes that by introducing this new green asset, they may enlist the assistance of various individuals from across the globe in order to rescue big swaths of rainforest. The coins were listed on the OpenSea platform this week in preparation for a pre-sale. They were completely sold out in less than an hour.
If you’re feeling depressed about missing out, you may register to be alerted when the next sale is scheduled. On NFT platforms, there are some vapid, foolish NFTs offered. However, new NFT series seems to make up for the disaster left by previous foolish, humiliating NFT goods.
“Own your piece of the Amazon Forest,” the OpenSea description states. Everything, the terrain, the trees. This is NOT another game card or vehicle for conservation fundraising. None of that ‘purchase this artwork to help conserve the forest’ nonsense. This NFT serves as evidence of ownership of the underlying real estate. By purchasing a piece of the Amazon Forest, you contribute to the establishment of a ‘Green wall’ of conservation-minded properties that acts as a disincentive to further destruction. Moss predicted that by erecting a 15 million-hectare ‘Green Wall,’ we can halt Amazon deforestation. This would very certainly cost $10 billion. We have acquired the majority of the land required for that “green wall.”
Recent purchasers of NFTs now possess property the size of a football field. Additionally, they got an encrypted digital ownership certificate attesting to the validity and control of wooded lands. This, it is hoped, would elevate the location and its peculiarities to the level of “collectible” item.
Moss’s CEO is Luis Felipe Adaime. “Our mission is to save the Amazon, and via blockchain technology and this innovation, we will enable an increasing number of people to participate in this ambition. We began the fight to safeguard this environment by purchasing a 50-hectare parcel. One thing is certain: further locations and NFTs will become accessible in the near future.”
If you were one among the purchasers of the NFTs, you are not required to take any action. The firm will serve as the land’s protector and caretaker. They will also be responsible for conservation, having established a 30-year preservation fund. 20% of the revenues from the sale of NFTs will be used to defray expenditures. This comprises patrols, satellite imaging, and area security.
According to the firm, they have conducted a thorough auditing procedure. “We reviewed the land papers to check that the areas are lawful and that the property has really been transferred to Moss – and so may be handed on to each token buyer. Additionally, each NFT’s smart contracts, which are based on the Ethereum blockchain, include information and data concerning the property’s title.”
Moss was established in 2020. Since then, more than $30 million has been donated to conservation programmes in the area through their carbon credit cryptocurrency – MCO2. Coinbase, Gate.io, Gemini, and Probit all list the MCO2 cryptocurrency. Each MCO2 coin represents a single carbon credit. “Amazon NFTs will be issued with their carbon impact quantified and offset by the equivalent MCO2 tokens,” Adaime explains.
The more individuals who purchase NFTs, the more quickly the ‘Green Wall’ will safeguard the Amazon. We can only hope that this endeavour lives up to its potential.
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