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NFTs for Nonprofits: StreamCoin Launches a New Environmental Initiative in Partnership with One Tree Planted

November 11, 2022
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NFTs for Nonprofits: StreamCoin Launches a New Environmental Initiative in Partnership with One Tree Planted
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In step with its devotion to giving again to the community and nature, the Web3 firm StreamCoin has launched its first nonprofit NFT assortment in partnership with One Tree Planted. This assortment is a part of the corporate’s initiative to boost public consciousness in regards to the significance of NFTs as a software to make a change within the social and environmental scope.

The “Inexperienced NFTs” is how StreamCoin describes its new nonprofit digital gadgets, as all of the proceeds will go to One Tree Planted to help their effort in serving to the atmosphere with extra reforestation tasks. StreamCoin has launched its new assortment with royalties set at 0% and was minted on its NFT market: STRMNFT.

With the worth set at $10 price of STRM per merchandise, every donation made utilizing these Inexperienced NFTs will contribute to planting ten timber by the group. Michael Ein Chaybe, CEO of StreamCoin, explains extra in regards to the firm’s initiative:

“We purpose with this initiative to indicate how NFTs can be utilized to make environmental and social change on a worldwide scale. I consider that the Inexperienced NFTs we created in partnership with One Tree Planted shall be an important leap towards increasing the utility of NFTs to assist the atmosphere.”

One Tree Planted is a 501(c)(3) nonprofit dedicated to serving to the atmosphere with intensive tasks of worldwide reforestation. Primarily based in Vermont, USA, this group works to simplify donations for everybody by planting one tree for every $1 it receives.

Ashley Lamontagne, Forest Marketing campaign Supervisor at One Tree Planted, remarked:

“We respect the help of StreamCoin and all the good work we will do because of this partnership. By way of their contributions, we will plant extra timber the place they’re wanted most and additional our objective of worldwide reforestation.”

The brand new Inexperienced NFTs can be found on the STRMNFT market within the “One Tree Planted” collection. All customers who want to donate with these NFTs should purchase straight from the gathering. The NFT shall be transferred to their account as an emblem of acknowledgement for his or her contribution.

Customers can seek advice from the next hyperlinks to study extra about StreamCoin and get the official updates:

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