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Minting three #NFTs on #Ethereum produces 915 pounds of carbon dioxide emissions, the weight of a polar bear.
On #Tezos it produces .00054 lbs - about the mass of the snowflakes on this bear’s snout. #TezosCleanNFT #CleanNFT pic.twitter.com/mlSKouCSdE
— Tezos (@tezos) March 18, 2021
Anil Madhavapeddy, 4C's director, issued the following statement regarding the technological development:
“Current accreditation systems that measure and report the value of carbon and related benefits like biodiversity conservation and poverty reduction rendered by NbS are costly, slow, and inaccurate. These systems have undermined trust in NbS carbon credits. What is needed is a decentralized marketplace where purchasers of carbon credits can confidently and directly fund trusted nature-based projects. And that’s the gap the Centre is aiming to fill.”
Minting three #NFTs on #Ethereum produces 915 pounds of carbon dioxide emissions, the weight of a polar bear.
On #Tezos it produces .00054 lbs - about the mass of the snowflakes on this bear’s snout. #TezosCleanNFT #CleanNFT pic.twitter.com/mlSKouCSdE
— Tezos (@tezos) March 18, 2021
Anil Madhavapeddy, 4C's director, issued the following statement regarding the technological development:
“Current accreditation systems that measure and report the value of carbon and related benefits like biodiversity conservation and poverty reduction rendered by NbS are costly, slow, and inaccurate. These systems have undermined trust in NbS carbon credits. What is needed is a decentralized marketplace where purchasers of carbon credits can confidently and directly fund trusted nature-based projects. And that’s the gap the Centre is aiming to fill.”
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