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.
 NFTs Could Save the Amazon Jungle
READING NOW NFTs Could Save the Amazon Jungle

NFTs (non-fungible tokens), which enable unique assets on the internet to be processed and digitally certified on the blockchain, are increasing their 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.

I told you yesterday that a step has been taken in this regard from Ukraine, which was occupied by 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, an NFT statement came from Brazil. A company based in the country has announced that NFTs can help with an issue that is very important to our planet.

NFTs can save rainforests

Nemus, a company named Nemus, believes that a way to save Amazon forests, which is facing huge problems such as the effects of climate change and deforestation, is NFT. announced that they were. Nemus, which owns 418 square kilometers of rainforest, sells 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. The officials stated that the revenues from these digital assets will protect trees, regenerate open spaces and support sustainable development plans. 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. It was also among the explanations that those who want to buy NFTs can reach the areas determined through online maps and that up to 81 hectares of land can be purchased.

Prices start at $50

Additionally the company; He stated that there is a fee of $ 50 for the smallest parcels and $ 51,000 for the largest parcels. In addition, each token is developed by a US-based company; It was stated that it will be delivered to the buyer with a photograph of an Amazon plant or animal.

It should be noted that this situation raises some question marks. Many people criticize NFTs for requiring intensive computing power, which causes greenhouse gas emissions, and draw 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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