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Carbon Collectible NFTs | Using Web3 to fight Climate Change! preview

Carbon Collectible NFTs | Using Web3 to fight Climate Change!Bankless Africa Podcast

Carbon emissions and their consequential effects on our atmosphere are a major concern for our world today, especially to lower income communities across the world, even though they are often the least contributing to the negative changes. Mark Lawrence is the founder of Carbon Collectible NFTs, he has a combined total of more than 20 years of program management experience, venture capitalism, centralized finance and insurance from his years of work with Toyota Financial Services. He developed the business model for the Carbon Collectible NFTs (ccNFTs), including the composable NFTs that represent biodiversity impact certificates themselves. He has 3 patents for the ReFi social innovation studio that multiplies, compounds and recycles ESG sponsorship for ccNFTs. The concern about the effect of carbon emissions on our environments has led to the creation of carbon offset measures as a step to curb the effects in question. Given that a great portion of the vegetation that serves the purpose of absorbing carbon is located in underserved communities, it is only right for the carbon offset industry to be more beneficial to the local forest communities across Africa as well.    Mark states that the clear motive for the ccNFT’s team is to create social impact through the project; by allowing corporations who wish to contribute to carbon offsetting efforts to buy ccNFTs and hold them as digital certificates that prove ownership of carbon credits in these forest communities. The sale itself does not grant physical rights of the forest area sold to the individuals or corporations buying them. Ownership is reserved for the indigenous inhabitants of these local forest communities; the NFTs serve simply as biodiversity impact certificates.  The goal of the project is to add equity and inclusion to climate finance through the use of an open protocol approach and validators in its governance models. The revenue generated from the project is intended for use in social development, forest management and the empowering of local communities to create sustainable solutions that can be profitable enough to create jobs and enable the funding of social impact projects that will financially liberate these communities and improve their standard of living in a manner that best suits.  check these link to learn more about the Carbon Collectible NFTs projectTwitter : https://twitter.com/CarbonOffsetNFT Weebsite: https://carboncollectiblenfts.com/ If you enjoyed this episode, please leave us a rating/review. The Bankless Africa show highlights projects, ecosystems, and people making an impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.   Disclaimer: None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research (DYOR).  Follow our Twitter https://twitter.com/Bankless_Africa  Follow us on instagram https://www.instagram.com/bankless_africa/ Follow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233 Join us on telegram https://t.me/banklessafrica  Subscribe to our newsletter https://banklessafrica.substack.com/ Learn more about crypto and web 3 on our website https://banklessafrica.com/