• Latest
  • Trending
Virtual Landowners Donate With a Decentralized Charity

Virtual Landowners Donate With a Decentralized Charity

October 17, 2021
a16z votes against proposal to deploy Uniswap v3 on BNB Chain

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

February 5, 2023
Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

February 5, 2023
FTX seeks to claw back political donations by the end of February

FTX seeks to claw back political donations by the end of February

February 5, 2023
The Top Social Media Platforms for Crypto Advertisers

The Top Social Media Platforms for Crypto Advertisers

February 5, 2023
SHIB Price Analysis for February 5

SHIB Price Analysis for February 5

February 5, 2023
Charlie Munger wants the U.S. to ban cryptocurrencies

Charlie Munger wants the U.S. to ban cryptocurrencies

February 5, 2023
Bitcoin, Ethereum and select altcoins set to resume rally despite February slump

Bitcoin, Ethereum and select altcoins set to resume rally despite February slump

February 5, 2023
MATIC Up 12%, Bloomberg’s Senior Strategist Explains Why Polygon Is Superior

MATIC Up 12%, Bloomberg’s Senior Strategist Explains Why Polygon Is Superior

February 5, 2023
What is the global financial crisis and its impact on the global economy

What is the global financial crisis and its impact on the global economy

February 5, 2023
  • Privacy Policy
Sunday, February 5, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Virtual Landowners Donate With a Decentralized Charity

J_News by J_News
October 17, 2021
in Crypto, Top News
0
Virtual Landowners Donate With a Decentralized Charity
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter


Next Earth, the NFT-based replica of Earth, announced that over $64,000 in proceeds from the sale of its virtual land will be donated to four environmental charities. The Ocean Cleanup, SEE Turtles, Kiss the Ground, and Amazon Watch will each receive funds allocated by a community-based vote.

The allocation of funds across these four charities took place in a Decentralized Autonomous Organization (DAO), which enables Next Earth’s community to decide how to allocate funds raised from virtual real estate sales. DAOs are a new form of governance structure where token holders can vote for the allocation of resources via decentralized governance, rather than through traditional boardrooms.

The virtual land funds were pre-allocated, with 10% of the total raised being allocated for charitable contributions. The Ocean Cleanup received the largest share of votes, and will get 86 BNB, while SEE Turtles will receive 24.57 BNB, and Kiss the Ground and Amazon Watch will each receive roughly half of the remaining 51 BNB.

The four charities

Next Earth’s decentralized charity initiative is allocating funds across four important environmental groups. Let’s look at each of these in brief.

The Ocean Cleanup is an organization that intends to clean up the world’s oceans using a system that employs floating barriers, which will remove ocean plastic as it is collected, while also collecting plastic from river streams. Ocean plastic is an enormous environmental problem, and The Ocean Cleanup’s system is a promising potential solution to this ongoing crisis.

The Ocean Cleanup has prevented over 1 billion bottles from reaching the oceans. Their goal of cleaning up 90% of the world’s floating ocean plastic is ambitious, but not impossible.

Amazon Watch works to conserve biodiversity and human rights in some of the most fragile ecosystems on Earth – the Amazon Rainforest. They collaborate with indigenous people to drive change. The rainforest is one of the largest carbon sinks on Earth, but it is also home to many endangered species, as well as massive deforestation projects.

SEE Turtles is a non-profit organization that protects endangered sea turtles with conversation tours, supporting nesting beaches, helping to end demand for turtleshells, and cleaning up waste from turtle habitats. These actions are important, complementary efforts to help save turtles.

Kiss the Ground empowers regenerative agriculture efforts, which is a conservation and rehabilitation approach that supports food and farming systems. Regenerative agriculture focuses on topsoil regeneration, biodiversity, improving the water cycle, increasing resilience to climate change, and more.

Why it matters

The most important investment in the world is not buying and selling stocks or bonds. It’s investing in projects that can help us fix our environment. Recently, the IPCC (Intergovernmental Panel on Climate Change) published a new report that underscores how urgent it is for humanity to act. It’s now “code red” for humanity.

We are facing a climate crisis. The actions we take today can make or break our future. There is no more important investment than investing in projects that will help us stabilize our climate, adapt to climate change, and get out of the carbon business altogether.

The future needs investment now if we want relief from climate change and resource depletion, and it needs it in new ways that will create opportunities for people who haven’t benefited much from capitalism before. DAO-based charitable giving is one of the most promising ways to invest in future environmental projects.

DAOs, Decentralized Autonomous Organizations, are organizations that run on smart contracts on blockchains. They are digital entities that can perform many functions normally associated with traditional businesses, including raising money or issuing securities. In the case of a charity, a DAO may allocate funding to various organizations based on community voting.

In a DAO, it’s easy for new participants to get involved if they want to help make decisions or invest in projects. It also means that companies can more easily turn their focus from making a profit to making the world a better place.

Solving our tremendous global challenges cannot be done solely with traditional means. The billions of people who have been shut out of investing until now may need a better way to support the organizations that are creating change. DAOs can provide a powerful new tool for social engagement and investment, and Next Earth metaverse is using this technology to make a real difference in the long-term health of our planet.

 

Photo by Drew Graham on Unsplash



Source link

Related articles

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

February 5, 2023
Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

February 5, 2023
ShareTweetShareShare
Previous Post

The crypto industry royally screwed up privacy

Next Post

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

Related Posts

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

a16z votes against proposal to deploy Uniswap v3 on BNB Chain

by J_News
February 5, 2023
0

Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap v3 on the BNB Chain using...

Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company

by J_News
February 5, 2023
0

Alex Dovbnya Check Point Research (CPR) has issued a warning to potential Dingo investors Check Point Research (CPR), an IT...

FTX seeks to claw back political donations by the end of February

FTX seeks to claw back political donations by the end of February

by J_News
February 5, 2023
0

FTX's new management is seeking to recover political donations made by Sam Bankman-Fried and other FTX executives until February 28,...

The Top Social Media Platforms for Crypto Advertisers

The Top Social Media Platforms for Crypto Advertisers

by J_News
February 5, 2023
0

Cryptocurrency and blockchain technology has taken the world by storm and are making waves in the financial and investment world....

SHIB Price Analysis for February 5

SHIB Price Analysis for February 5

by J_News
February 5, 2023
0

Bears are more powerful than bulls on Sunday, according to CoinMarketCap's ranking. SHIB/USD SHIB is an exception, having risen by 2.76%...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

5 Best Sources for Crypto News

Crypto Slang Terms – 20 Words You Should Know

Web3 vs Web2 – What Are Some Of The Core Differences?

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 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