Climate Tech Launches New Amazon NFTs After Selling First Batch In Less Than An Hour -Breaking
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Climate Tech launches new Amazon NFTs after selling the first batch in less than an hourIt took less than one hour. Moss, the Brazilian climate innovator and leader in Blockchain environmental solutions, sold 50 NFTs to Amazon (NASDAQ: Rainforest) in less than one hour. This climate tech unprecedented innovation allowed buyers of non-fungible tokens to become owners of one hectare (equivalent to a football field) of land in the Amazon region, with the right to an encrypted digital certificate of ownership – that attests to the authenticity and governance over forest areas, transforming the area and its particularities into a “collectable” item. Moss Amazon NFTs, which were first offered on OpenSea for presale were quickly sold out.
That was only the beginning. While the startup was already in negotiations with landowners, it obtained two additional preservation areas, totalling 150 hectares. The next NFT’s are from the same preservation area called Blue River Project and will be available February 16, 2PM EST. “This is an important step in our project to keep the most important forest in the world standing. It’s the next great thing in fighting climate change. The Amazon is the world’s largest ecosystem. Each token buyer has a piece of Amazon land, which makes a significant difference in protecting it. And we will not stop until we build a Green Wall of preservation to save the forest,” highlights Luis Adaime, CEO and founder of Moss.
Moss will be responsible for each conservation area’s protection and guardian. To meet the demand for lots, the company will make 20% of the revenue generated by the sale of NFTs. Smart contracts built on the (ETH), blockchain will transfer ownership of every NFT to its purchasers. Additional information about the title and property rights can be found on both the Moss and medium platforms.
Moss, its clients and the MCO2 Token have raised more than US$30 Million for REDD and REDD+ projects in the area (Reducing Emissions From Deforestation and forest Degradation) since its inception in 2020.
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