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Showing posts with the label environment

NFTs unlock physical biodegradable vinyl records

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A new NFT project is using digital assets as a key to redeem physical copies of a biodegradable, plastic-free vinyl. Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years.  On April 5th the DJ, producer and eco-warrior BLOND:ISH announced a new NFT project, which once purchased unlocks physical copies of her latest album on vinyl record . Cointelegraph reached out to BLOND:ISH for more details on the usage of NFTs as a gateway to unlocking physical items as a part of a new music release. The upcoming biodegradable vinyl from BLONDISH. Source: BLOND:ISH, Bye Bye Plastic, Evolution Music The vinyl itself is made from “naturally occurring bacteria” that mimics plastic and can decompose in any environment including the ocean. Typically, vinyls are pressed from the material polyvinyl ch...

Putting carbon credits on blockchain won’t solve the problem alone: Davos

Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion in Davos, Switzerland about pricing carbon credits. Simply trading carbon credits, on the blockchain or otherwise, won’t solve a lot for the environment as companies must understand why they’re using them and how to make a real impact, carbon blockchain executives argue. During a panel session in Davos, Switzerland, moderated by Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr on Jan. 16, several executives from carbon blockchain platforms spoke about the increasing interest from companies in carbon trading. Karen Zapata, the COO of carbon block chain platform ClimateTrade, said that sustainability had been a “trending topic” with many companies keen to get involved, but said that many still don’t understand it. She recalled talking to a sustainability manager of a “big, big company” who told her he doesn’t know what a carbon credit is or “how it works” but is being pressured by his market...