Ecosapiens, a tech collective centered on creating eco-friendly merchandise for companies and shoppers, has revealed a contemporary enterprise answer: tailor-made digital collectibles that empower companies to stability their carbon emissions. This new endeavor is launched in partnership with the Celo Basis, a nonprofit supporting Celo’s carbon-negative, mobile-first, EVM-compatible blockchain ecosystem. By means of this collaborative effort, Ecosapiens is unveiling a novel carbon-neutral NFT, the “Celosapien,” designed to offset one hundred pc of Celo’s annual carbon emissions.
Actual-world advantages
The Celosapien NFT serves as a sensible software 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 inventive layers that NFTs convey. This results in new use instances in each client 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 inventive layers that NFTs convey. This results in new use instances in each client and enterprise segments,” mentioned Ecosapiens CEO and co-founder Nihar Neelakanti. “This collaboration with the Celo Basis is a serious milestone for us as the primary accomplice for our company carbon-backed NFTs, and we hope it’ll encourage management from different companies to simply and elegantly offset their emissions.”
What’s subsequent
This collaboration follows Ecosapiens’ Genesis assortment 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 client 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 accomplice 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,” Neelankanti mentioned. “There’s much more to return for our company product.” He says Ecosapiens will ultimately broaden to promoting to hospitality and client retail teams.
Ultimately, you’ll see Ecosapien carbon collectibles provided on the checkout line rewarding shoppers for making eco-friendly purchases, reminiscent of plastic-free sneakers, in resort lobbies the place visitors can’t solely study in regards to the model’s sustainable practices however really take house an open version of that exact same artwork piece,” Neelankanti mentioned.
“The purposes listed here are giant — carbon has a real-world use case, and we’re merely emboldening it by means of the digital collectible kind issue.”
