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How blockchain technology is helping to reduce our carbon footprint

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carbon footprint

The global focus on climate change has shifted dramatically over the last two decades. The industrial growth of corporations and technological advancements in transportation has caused the world’s consumption of fossil fuels to expand exponentially. The burning of fossil fuels releases Carbon Dioxide (CO2) into the atmosphere, which causes adverse effects on the global ecosystem. The graph below shows CO2 levels during the last three glacial cycles, taken from ice cores. It shows global distribution and variation of the carbon dioxide present in parts per million (ppm). This graph is a poignant reminder of how far we are pushing the limits of the world we live in. Today, we are currently at a level of 408 ppm. Which is 36% higher than the highest levels recorded, over the last 400,000 years.

 

The overall consensus revolving around the topic is a nonchalant perception. Until an issue begins to directly affect an individual then most people are happy to take a backseat ride. To put on their blinkers, bury their head in the sand and generally hope that the problem will resolve itself. The Earth is protected by a thin Ozone layer which allows it to be unique and sustain life. We often take the basic gifts in life for granted and our planet is definitely one of them. Because of the actions we do or don’t take in this present, we can dramatically affect the lives of our families for generations.

An ambitious new project is taking major steps to reduce our global footprint.

A Zero Carbon Marketplace which endeavors to reduce our carbon footprint whilst beating renewable energy and fossil fuels on price

 

Since the inclusion of renewable energy, many people have made a consorted effort to convert to use it but the transition is expensive. Making it impossible for the global adoption of renewable energy, at least for another decade.

The Zero Carbon Project is an energy marketplace which utilizes blockchain technology and international carbon credits to tackle climate change. A carbon credit is essentially a tradable certificate which provides strict regulation over how much CO2 can be released into the atmosphere. The international carbon credits are used to offset carbon emissions and provide consumers access to cheaper energy contracts. This encourages a diverse range of suppliers to enter the market with their best zero carbon energy prices, tailored specifically to the consumer’s metrics.

The Zero Carbon Project is a climate change initiative created by the Beond Group, an award-winning energy consultancy which has been in operation for 15 years in London. Their team is made of 30 energy market professionals who are passionate about tackling global climate change, through the application of new technologies. Beond services over 600 energy consumers in the UK including Knight Frank, Capita, The Salvation Army and Salford County Council, and has received eight awards over the last three years covering innovation, green business, and consultancy services.

The Zero Carbon Project has scheduled a token sale for the NRG token

When – 

Private pre-sale – Begins May 1st and will run up until a week prior to the commencement of the public pre-sale or until 28,000,000 NRG tokens are sold.

Public pre-sale – Dates to be announced

Public main saleDates to be announced

Token – NRG
Price – $0.20
Supply –

A total supply of 121,330,000 tokens will be created, with a maximum number of 28,000,000 tokens to be sold in the private pre-sale, 33,330,000 in the public pre-sale and 60,000,000 in the public main sale.

Platform – Ethereum
Accepting – ETH
Hardcap – $20 million USD
Useful Links –

A link to the Zero Carbon Project whitepaper

Where to participate in the Zero Carbon Project ICO

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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