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Nonfungible tokens (NFT) and blockchain technology have developed an unfortunate stigma in some sections of the community for being bad for the environment — but could that perception be changed by integrating carbon offsets into NFT gaming?GameFi, or gaming finance, marry NFTs and gaming. Blockchain games account for nearly $12
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Flowcarbon, a technology company aimed at bringing carbon credits to the blockchain, raised $70 million through a fundraising round and the sale of its Goddess Nature Token (GNT). Source
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GainForest combines satellite imagery with data science in a bid to incentivize landowners away from cutting down trees. Source
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The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest
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Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives.Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with
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MENA Climate Week kicked off on Tuesday with a focus on discussing the use of blockchain technology for bringing transformative climate action to the region. Kristina Cornèr, Cryptox’s editor-in-chief, shared her insights in a panel discussion on how the climate action sector can benefit from the crypto and blockchain community.In the
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Summary: The US Office of Science and Technology Policy (OSTP) has invited comments on the energy and climate implications of digital assets The US OSTP was tasked by President Biden to submit a report that examines the impact of digital assets on the United States’ goal of reaching net-zero greenhouse emissions by
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The SEC’s proposal will be open for public comment for at least two months before the agency will begin its work on a final rule. However, if the proposal requires companies to report more detailed emission disclosures, it may be challenging to comply with, said Zach Bradford, CEO of CleanSpark
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Insurance company Lemonade has partnered with prominent blockchain companies to form the Lemonade Crypto Climate Coalition (L3C) decentralized autonomous organization (DAO) to protect farmers from climate change by offering blockchain-based insurance. The insurance firm founded Lemonade Foundation, a nonprofit focused on creating social and environmental change with the use of blockchain-enabled
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Firstly, there’s an emerging recognition that, whether people like them or not, these new, essentially unstoppable systems are not going away. Many MEPs who’d considered supporting the so-called “Bitcoin ban” likely didn’t, not because of some great appreciation for cryptocurrencies but because they recognized it was futile. They understood that,
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