C-Owl NFTs are generated by GNT and minted on MOOAR. It is a new type of PFP/badge that can show support for the carbon neutral by purchasing, reselling, and holding it! The royalty fee will be used to purchase the carbon credit from various market places!
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The perfect combination of NFT and carbon credit
Have you ever wondered about the carbon footprint you leave behind? On average, a person in Japan emits around 10 tons of CO2 annually. Wouldn’t it be cool if you could offset that with carbon credits? I’d like to think there are folks out there who’d be interested! (Fingers crossed!)
The real challenge? Most people don’t know how to buy these credits. So, the idea is, “Why not create a solution?”
Imagine a world where you can buy carbon credits with GMT, Sol, or even ETH. It sounds convenient.
Introducing the SUMIOwl NFT
This is an owl-themed NFT minted on MOOAR. The royalty fees go straight to buying carbon credits.
Sure, there are bigger and more popular marketplaces like Opensea and Magiceden. And yes, there are projects linking NFTs and carbon credits on a one-to-one basis.
But the future of carbon credits is still uncertain. What if credits that are recognized today aren’t accepted tomorrow? That’s why we’re doing things a bit differently.
Using Royalty Fees for Carbon Credit Purchases!
By using the royalty fees from NFT transactions, we can buy credits from various markets. This means we can diversify our sources, maximizing the impact while spreading the risk.
Our first step? We’re considering purchasing from NORI, known for its partnership with STEPN. Currently, 1 credit (equivalent to offsetting 1 ton of CO2) costs $25. So, for every 100 GMT in royalty fees, we can offset 100kg of CO2.
Progress of purchasing Carbon Credit
List of NFT projects
Each NFT project has different Royalty Fees, different uses, and different minted chains, and projects with Genesis and OG rarities will have better rights when new projects are released in the future. If you find a project you like, please check it out!