several groups have uncovered the key to making NFTs — and blockchain tech as a whole — more environmentally sustainable: Shifting from a proof of work verification model to proof of stake model. And with the release of Algorand there has been an energy efficient blockchain that’s offsetting its carbon footprint in partnership with ClimateTrade, and other environmentally-friendly blockchains such as Tezoz which may slowly fade.
Austrailian Zoo founded by Steve and Terri Irwin, is using Algorand to mint their first foray into Web3- the wildlife Warriors NFT project and the limited series celebrates the 20th anniversary of the zoo’s Wildlife Warriors.
Son of Irwin’s son Robert Irwin spoke on the importance of this launch in a press release, stating, “This green chain and new technology allows us a new avenue to continue to fight for the protection of our wildlife and wild places.”
In partnership with Meadow labs, an Australian tech startup dedicated to creating “the world’s most meaningful digital collecting experience,” the NFT project will consist of a series of drops, each focusing on a different Australia Zoo Wildlife Warriors animal. The NFTs will be randomly generated, non-deterministic, utility-driven, and 100 percent unique.
The World Wildlife Foundation is also using NFTs to fund conservation efforts. In February 2022, they unveiled the Non Fungible Animal project whch is a limited launch of NFT artworks depicting ten animal species at the brink of extinction. Among these endangered species, are the giant panda, mountain gorilla, and the vaquita — a sea mammal with just 22 confirmed individuals living in the wild.
She is a writer based in the India. She loves to write about the things that spark her interest like tech, art, blockchain, metaverse and NFTs.