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Ecosapiens, a tech collective<\/a> focused on creating eco-friendly products for businesses and consumers, has revealed a fresh enterprise solution: tailored digital collectibles that empower businesses to balance their carbon emissions. This new endeavor is launched in partnership with the Celo Foundation<\/a>, a nonprofit supporting Celo\u2019s carbon-negative, mobile-first, EVM-compatible blockchain ecosystem. Through this collaborative effort, Ecosapiens is unveiling a unique carbon-neutral NFT, the \u201cCelosapien,\u201d designed to offset 100 percent of Celo\u2019s annual carbon emissions.<\/p>\n The Celosapien NFT serves as a practical tool for counterbalancing the carbon footprint<\/a> of the Celo blockchain, drawing its credits from Celo\u2019s carbon credit suppliers. Additionally, Ecosapiens partners with its own pool of carbon credit providers, presenting an alternative source for future corporate collaborations. <\/p>\n \u201cBy marrying carbon and NFTs, we\u2019re 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.\u201d<\/p>\n Nihar Neelakanti, CEO and Co-founder of Ecosapiens <\/cite><\/p><\/blockquote>\n The design of the Celosapien NFT is intended to become increasingly intricate as it compensates for more carbon emissions over time. In an effort to democratize access, Ecosapiens is also generating a free, open-edition NFT series of the Celosapien on the Celo network.<\/p>\n \u201cBy marrying carbon and NFTs, we\u2019re 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,\u201d said Ecosapiens CEO and co-founder Nihar Neelakanti. \u201cThis 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.\u201d<\/p>\n This collaboration follows Ecosapiens\u2019 Genesis collection<\/a> launch in February, which has offset more than 3,000 tons of carbon, the equivalent of planting about 120,000 trees. <\/p>\n In April, Ecosapiens announced a $3.5 million fundraise, primarily backed by consumer Web3 fund Collab+Currency. They also announced the addition of gmoney<\/a> to their advisory board. Other notable contributors to the funding round include Alex Witt, Ryan Carson, Brayton Williams of Boost VC, Slow Ventures, Menlo Ventures, and Alumni Ventures Blockchain Fund. <\/p>\n While Celo is the first partner for Ecosapien\u2019s carbon-backed NFTs, Neelakanti tells nft now there are other future partnerships in the works. \u201cThis product will eventually be a multi-chain product,\u201d Neelakanti said. \u201cThere\u2019s a lot more to come for our corporate product.\u201d He says Ecosapiens will eventually expand to selling to hospitality and consumer retail groups.<\/p>\n Eventually, you\u2019ll see Ecosapien carbon collectibles offered at the checkout line rewarding consumers for making eco-friendly purchases, such as plastic-free shoes, in hotel lobbies where guests can not only learn about the brand\u2019s sustainable practices but actually take home an open edition of that very same art piece,\u201d Neelankanti said.<\/p>\n \u201cThe applications here are large \u2014 carbon has a real-world use case, and we\u2019re simply emboldening it through the digital collectible form factor.\u201d<\/p>\n<\/p><\/div>\nReal-world benefits<\/h2>\n
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