• Latest
  • Trending
How a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation

How a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation

October 31, 2021
SFLMaven CEO Joe Ladin Joins MoneyTV for an Update on Sales Growth and the Company’s Recent Launch of the World’s First Metaverse Digital Vintage Jewelry Store

SFLMaven Announces Development Work Now Underway on New Boutique Digital Jewelry NFTs to be Sold Through Recently Launched SFLMaven Metaverse Store

June 26, 2022
Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

June 26, 2022
What is DFI Money and Why is It Surging?

What is DFI Money and Why is It Surging?

June 25, 2022
Crucial Decision on Testnet Hard Fork to Be Made Next Week

Crucial Decision on Testnet Hard Fork to Be Made Next Week

June 25, 2022
Misleading Metrics Like Accuracy Are Not Worth Your Time | by Dylan Cunningham | The Capital | Jun, 2022

Misleading Metrics Like Accuracy Are Not Worth Your Time | by Dylan Cunningham | The Capital | Jun, 2022

June 25, 2022
Why Solana Has Outperformed Ethereum, SOL Up 36% In One Week

Why Solana Has Outperformed Ethereum, SOL Up 36% In One Week

June 25, 2022
How to make money with NFTs: Liquidifty experts share secrets

How to make money with NFTs: Liquidifty experts share secrets

June 25, 2022
Can you earn passive income running a Lightning node?

Can you earn passive income running a Lightning node?

June 25, 2022
Bitcoin Getting Heavily Accumulated as Number of 10K BTC Addresses Soars

Bitcoin Getting Heavily Accumulated as Number of 10K BTC Addresses Soars

June 25, 2022
  • Contact Us
  • Privacy Policy
Sunday, June 26, 2022
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

How a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation

Automatic by Automatic
October 31, 2021
in Crypto, Top News
0
How a 14-Year-Old Used Solana NFTs to Raise $100K for Beluga Whale Conservation
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

At a time when non-fungible tokens face scrutiny for environmental damage, 14-year-old Abigail is using NFTs for conservation.

Her project, “Belugies,” is a collection of 8,000 cartoon beluga whale NFTs created on the Solana blockchain. Abigail made the artwork for the project by hand, with plans to donate a portion of the profits to beluga conservation efforts and a children’s hospital program.

Related articles

SFLMaven CEO Joe Ladin Joins MoneyTV for an Update on Sales Growth and the Company’s Recent Launch of the World’s First Metaverse Digital Vintage Jewelry Store

SFLMaven Announces Development Work Now Underway on New Boutique Digital Jewelry NFTs to be Sold Through Recently Launched SFLMaven Metaverse Store

June 26, 2022
Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

June 26, 2022

The high school freshman says she learned about cryptocurrency when she was nine years old during bicycle rides with her older brother Adam. Adam, now 25 years old and heavily into crypto since 2016, said he and his fianceé Briana helped with the tech.

“When we started, we didn’t really think it would work out,” Adam, who declined to provide his last name, told CoinDesk. “I told my sister, ‘Hey, if it doesn’t work at least we tried, at least we had fun. That’s all that matters.’”

Within 10 hours of the project’s Oct. 17 launch, all 8,000 NFTs had been minted, earning the siblings over $1 million in SOL tokens.

WE DID IT!!!! pic.twitter.com/QWEcRJnzaw

— Belugies (@belugiesNFT) October 17, 2021

Abigail is also set to receive 5% of all future Belugie sales. The current floor price for a Belugie on the resale market is 0.32 SOL, and the project’s total trade volume has exceeded 7,159 SOL, or $1,409,700, at press time.

The inspiration for the artwork came from Abigail’s childhood adoration of beluga whales after she saw them at a Georgia aquarium near where she grew up.

With the global beluga whale population in decline – Alaska’s Cook Inlet subpopulation has crashed 75% since 2008 and now hovers around 280 – she said she wants to raise awareness as well as some cash.

She’s donated $100,000 of the Belugies NFT proceeds to beluga conservation efforts. Half went to the Beluga Whale Alliance, an Alaskan-based group that advocates for and studies the Cook Inlet pod. The other half went to the Ocean Defenders Alliance, which works to remove fishing nets and plastic that threaten underwater habitats.

After getting word of the donation, Beluga Whale Alliance flew Abigail, Adam and Briana out to Alaska to see the belugas up close and personal in their natural habitat.

The project’s emphasis on conservation contrasts with popular criticisms of the NFT industry.

Ethereum, the blockchain underlying the majority of NFT projects, currently uses an energy-intensive proof-of-work consensus mechanism. (When upgraded, Ethereum 2.0 will switch to a proof-of-stake system.) While some blockchains including Solana use the more efficient proof-of-stake, the overall impact NFTs have on the environment remains harmful.

Abigail credits much of the project’s success to the belugas themselves for being so “wholesome and adorable,” which she attempted to convey in her artwork.

In addition, she made a $100,000 donation to Sunshine Kids, an organization that supports children’s hospital programs across the country. Abigail cited a personal connection to her local children’s hospital as the reason for the donation.





Source link

ShareTweetShareShare
Previous Post

Meta Legends: The Latest Future-Inspired NFT Collection

Next Post

13 Fascinating Facts About Bitcoin White Paper

Related Posts

SFLMaven CEO Joe Ladin Joins MoneyTV for an Update on Sales Growth and the Company’s Recent Launch of the World’s First Metaverse Digital Vintage Jewelry Store

SFLMaven Announces Development Work Now Underway on New Boutique Digital Jewelry NFTs to be Sold Through Recently Launched SFLMaven Metaverse Store

by Automatic
June 26, 2022
0

FORT LAUDERDALE, FL, June 24, 2022 (GLOBE NEWSWIRE) — SFLMaven Corp. (OTC Pink: SFLM), (“SFLMaven” or the “Company”) (www.sflmaven.com), a...

Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

by Automatic
June 26, 2022
0

On-chain data shows Bitcoin whales are transferring large amounts to derivatives exchanges right now, a signal that more volatility could...

What is DFI Money and Why is It Surging?

What is DFI Money and Why is It Surging?

by Automatic
June 25, 2022
0

The YFII price has rebounded sharply in the past few days as investors buy the coin’s dip. The token is...

Crucial Decision on Testnet Hard Fork to Be Made Next Week

Crucial Decision on Testnet Hard Fork to Be Made Next Week

by Automatic
June 25, 2022
0

Tomiwabold Olajide IOG also hopes to deliver Cardano's lightweight wallet, Lace, this summer As stated in its weekly development update,...

Misleading Metrics Like Accuracy Are Not Worth Your Time | by Dylan Cunningham | The Capital | Jun, 2022

Misleading Metrics Like Accuracy Are Not Worth Your Time | by Dylan Cunningham | The Capital | Jun, 2022

by Automatic
June 25, 2022
0

Do not invest in a model tuned to accuracy: probability weighted accuracy, and others, are more trustworthy.Accuracy as a metric,...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store

Top News

Enhance Basic Tech Capacity & Provide All-encompassing Products & Services

The Sandbox offers a long-term buying opportunity after a recent sell-off

Fiat Money Poisons Everything. Fiat money destroys lives | by Jonathan Garner | The Capital | May, 2022

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • Store

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT