NFT and Carbon Neutrality: How Blockchain Helps Mankind Save the World

1. Moss has sold three Amazon Forest NFTs based on Ethereum. Each series contains 50 NFTs, which corresponds to 50 hectares of Amazon forest in reality.

2. Each hectare of Amazon rainforest will generate approximately 10 carbon credit lines every year. If the carbon credit value of each line is $15, each Amazon rainforest NFT can generate carbon emission rights worth $150 every year.

3. Moss also launched MCO2 tokens in march 2020. Each MCO2 token represents a one ton carbon dioxide emission limit.

4. MCO2 token has been released on Gate.io online transaction.

In February, Moss.Earth published Moss Amazon NFT. This NFT is designed to help people save the Amazon rainforest. Each NFT represents a hectare of forest the size of a football field. After purchasing NFT, the buyer obtains the entity rights and interests of the corresponding part of the forest, and joins the forest protection project initiated by Moss.


Presently, Moss has launched three Ethereum based series Amazon Forest NFT, each of which contains 50 NFTs, corresponding to 50 hectares of Amazon forest in reality. Among them, the first and second series are sold out at $2000 and $2500 respectively. The first series even sold out within one hour of opening on OpenSea. The third series is priced at $3000, and the series NFT is still on sale in the Rarum, the Moss official NFT market.

Moss promises to protect the corresponding rainforest area for up to 30 years. 20% of the sales of Moss Amazon NFT will be used to protect the corresponding 50 hectares of Amazon rainforest, including manual patrols, taking satellite images, etc., to ensure that this rainforest will not disappear. Currently, Moss has reached a cooperation with a US satellite image detection company to collect images for corresponding forest areas six times a day, which is 30 times faster than the update speed of Google's satellite images.

The Amazon rainforest is known as the "lung of the earth", covering approximately 20% of the global rainforest area. The Amazon rainforest is not only an important national asset of Brazil, but also an important barrier for the whole world. But in the Amazon, rainforests are often cut down for farming. According to the BBC, in the past 40 years, more than 20% of the trees in the Amazon rainforest have been cut down and planted with grass or soybeans. In May, 2021 alone, the area of deforestation reached 1125 square kilometers, the highest in the past 10 years. However, the sale of NFT makes people aware of the investment value of Amazon rainforest land, and it is possible to protect the land from damage.

In addition to fulfilling the social responsibility of protecting the rainforest, NFT owners will also obtain other rights and interests. Every hectare of Amazon rainforest will generate about 10 carbon credit lines every year. If the carbon credit value of each line is $15, a hectare of rainforest can generate carbon emission rights worth $150 every year. According to Luis Felipe Adaime, chief executive officer and founder of Moss, the company plans to eventually sell up to 10,000 hectares of land, which corresponds to the NFT price of approximately $3,000 per hectare, which also means that the price of local forest land increases by three times.


In this project, NFT provides an excellent way to connect people far away with a hectare of land in the Amazon rainforest in South America, and it is an elegant, fast and decentralized way. In the process of forest property rights transaction, there is no red tape or any regulations. Just click in Opensea or other decentralized NFT stores to complete the reliable transfer of property rights. This is the power of blockchain and NFT.

The butterfly effect tells us that a butterfly in the tropical rainforest of South America flapping its wings, causing changes in the surrounding air system, may affect the entire atmosphere through a chain reaction, and may even trigger a tornado in Texas. With the blessing of blockchain technology, each of us is now likely to become a butterfly, shoulder social responsibilities and make real contributions to preventing and adapting to climate change.

In addition to helping protect the Amazon rainforest by selling NFT, Moss also launched MCO2 token in march 2020, which is also the world's first green digital asset based on blockchain. Each MCO2 token represents a ton of carbon dioxide emission quota. The carbon quota of NFT sold in Amazon rainforest this time will be calculated and offset by MCO2 token.

At a time when ESG (environment, society and corporate governance) issues are becoming more and more important to enterprises, blockchain is also expected to provide convenience for enterprises. In 2022, Bitso, a cryptocurrency exchange in Mexico, has promised to purchase carbon emission credits for BTC transactions on the platform by purchasing MCO2 tokens as compensation. With the development of the Bitcoin mining industry, BTC energy has gradually become a global concern and regulatory hotspot. According to Bitso spokesperson, the CO2 emission price generated by each BTC transaction is about 29.4kg, corresponding to 0.0294 MCO2 tokens. Traditional industries are also gradually aware of the ESG potential brought about by blockchain. On August 2 last year, SkyBridge Capital reached a cooperation with MOSS Earth and purchased 38,436 tons of carbon emission quota to offset the historical carbon footprint of all its products (such as the First Trust SkyBridge Bitcoin ETF Trust) due to holding Bitcoin.

Currently, MCO2 token has been launched on Gate.io platform.
Trading address: https://www.gate.io/trade/MCO2_USDT



Author: Gate.io Researcher: Edward H. Translator: Joy Z.
* This article represents only the views of the researcher and does not constitute any investment advice.
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