The Ecological NFT

[photo: Erika Martinez]

This is the first time in Internet history we've been able to secure, value and redistribute physical goods (natural resources) as digital goods, autonomously, at a 1:1 value.

Kayvon Tehranian gives a good background talk on how NFTs are building the Internet of the future.

I've been a long-time advocate of NFTs, and you can read about these developments here, here, and here.

The thesis that physical assets can hedge against inflation in a medium of digital transfer was an impetus for us launching our own startup (RAIR).

With carbon assets in particular, the idea is to responsibly steward natural resources, and redistribute them such that we can stabilize the value of those assets and create healthy economies.

This would fly in the face of fears around a "subprime carbon bubble" and other climate hysteria, and instead provides the necessary infrastructure to get resources in the hands of farmers and energy producers to establish resource independence as well as biospheric balance.

SDG Exchange is one such platform we've been helping to build in providing carbon asset support at a global scale, and this is what our EcoNFT (ecological non-fungible token) looks like.

Keep in mind that a lot of this development has to do with evolving fraudulent carbon credits into ecological credits that have a demonstrable and measurable utility in the real world. Groups like Regen Network have been using the blockchain to do this since their inception.

In other words, irrespective of climate science debates, we can use the buy-in of nations and independent groups to remove cronyism and replace bad acting with these innovative cryptographic instruments that benefit everyone.

Stay tuned, this is only the beginning. Long live the ecological NFT!