Ecosapiens, a tech collective targeted on creating eco-friendly merchandise for companies and customers, has revealed a recent enterprise resolution: tailor-made digital collectibles that empower companies to stability their carbon emissions. This new endeavor is launched in partnership with the Celo Foundation, a nonprofit supporting Celo’s carbon-negative, mobile-first, EVM-compatible blockchain ecosystem. By this collaborative effort, Ecosapiens is unveiling a novel carbon-neutral NFT, the “Celosapien,” designed to offset 100% of Celo’s annual carbon emissions.
The Celosapien NFT serves as a sensible device for counterbalancing the carbon footprint of the Celo blockchain, drawing its credit from Celo’s carbon credit score suppliers. Moreover, Ecosapiens companions with its personal pool of carbon credit score suppliers, presenting another supply for future company collaborations.
“By marrying carbon and NFTs, we’re getting the real-world advantages of carbon however combining it with the cultural capital and the artistic layers that NFTs convey. This results in new use instances in each shopper and enterprise segments.”
Nihar Neelakanti, CEO and Co-founder of Ecosapiens
The design of the Celosapien NFT is meant to develop into more and more intricate because it compensates for extra carbon emissions over time. In an effort to democratize entry, Ecosapiens can be producing a free, open-edition NFT sequence of the Celosapien on the Celo community.
“By marrying carbon and NFTs, we’re getting the real-world advantages of carbon however combining it with the cultural capital and the artistic layers that NFTs convey. This results in new use instances in each shopper and enterprise segments,” stated Ecosapiens CEO and co-founder Nihar Neelakanti. “This collaboration with the Celo Basis is a significant milestone for us as the primary associate for our company carbon-backed NFTs, and we hope it can encourage management from different companies to simply and elegantly offset their emissions.”
This collaboration follows Ecosapiens’ Genesis collection launch in February, which has offset greater than 3,000 tons of carbon, the equal of planting about 120,000 timber.
In April, Ecosapiens introduced a $3.5 million fundraise, primarily backed by shopper Web3 fund Collab+Forex. In addition they introduced the addition of gmoney to their advisory board. Different notable contributors to the funding spherical embody Alex Witt, Ryan Carson, Brayton Williams of Increase VC, Gradual Ventures, Menlo Ventures, and Alumni Ventures Blockchain Fund.
Whereas Celo is the primary associate for Ecosapien’s carbon-backed NFTs, Neelakanti tells nft now there are different future partnerships within the works. “This product will ultimately be a multi-chain product,” Neelakanti stated. “There’s much more to come back for our company product.” He says Ecosapiens will ultimately increase to promoting to hospitality and shopper retail teams.
Ultimately, you’ll see Ecosapien carbon collectibles supplied on the checkout line rewarding customers for making eco-friendly purchases, corresponding to plastic-free sneakers, in resort lobbies the place visitors can’t solely study in regards to the model’s sustainable practices however really take dwelling an open version of that exact same artwork piece,” Neelankanti stated.
“The purposes listed below are giant — carbon has a real-world use case, and we’re merely emboldening it by means of the digital collectible type issue.”