Ecosapiens, a tech collective targeted on creating eco-friendly merchandise for companies and customers, has revealed a recent enterprise answer: tailor-made digital collectibles that empower companies to steadiness 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. Via this collaborative effort, Ecosapiens is unveiling a singular 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 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 an alternate supply for future company collaborations.
“By marrying carbon and NFTs, we’re getting the real-world benefits of carbon but combining it with the cultural capital and the creative layers that NFTs bring. This leads to new use cases in both consumer and enterprise segments.”
Nihar Neelakanti, CEO and Co-founder of Ecosapiens
The design of the Celosapien NFT is meant to turn out to be 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 benefits of carbon but combining it with the cultural capital and the creative layers that NFTs bring. This leads to new use cases in both consumer and enterprise segments,” mentioned Ecosapiens CEO and co-founder Nihar Neelakanti. “This collaboration with the Celo Foundation is a major milestone for us as the first partner for our corporate carbon-backed NFTs, and we hope it will inspire leadership from other businesses to easily 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 bushes.
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, Sluggish 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 eventually be a multi-chain product,” Neelakanti mentioned. “There’s a lot more to come for our corporate product.” He says Ecosapiens will finally increase to promoting to hospitality and client retail teams.
Ultimately, you’ll see Ecosapien carbon collectibles provided on the checkout line rewarding customers for making eco-friendly purchases, reminiscent of plastic-free footwear, in resort lobbies the place company cannot solely study in regards to the model’s sustainable practices however truly take residence an open version of that exact same artwork piece,” Neelankanti mentioned.
“The applications here are large — carbon has a real-world use case, and we’re simply emboldening it through the digital collectible form factor.”
