Nfts
Moonbeam Network Integrates Rarible Protocol, Hosts Cross-Chain NFT Collection from Carbify to Help Save the Rainforest
Moonbeam Networka smart contract platform for building cross-chain connected applications, has announced a partnership with leading NFT protocol Rare. The first major NFT collection to be presented is that of Carbifya real-world asset platform that allows users to invest in trees in the Amazon rainforest and collect carbon offset fees.
Through this partnership, developers can create custom NFT marketplaces on Moonbeam using the Rarible protocol, a decentralized toolkit that simplifies NFT transactions. Additionally, Moonbeam and the chain’s NFT collections will be listed on Rarible.com’s NFT marketplace platform.
“Our partnership with Rarible enables our developer community to unlock cross-chain NFT use cases only possible on Moonbeam,” said Aaron Evans, Head of Operations at the Moonbeam Foundation. “As the first major NFT project, we are thrilled to host Carbify, the world’s most efficient carbon offset solution.”
The integration of Rarible and the launch of Carbify are part of Moonbeam’s ongoing Moonrise initiative, which includes an ambitious roadmap for 2024 and beyond, focused on upgrading ecosystem integration and improving the Moonbeam experience for developers and users. In particular, the partnership with Carbify supports Moonbeam’s key focuses on real-world assets, Brazil, and cross-chain integration.
Carbify’s new app on Moonbeam allows users on any blockchain to purchase NFTrees, tokenized representations of real trees in the Amazon rainforest. NFTree owners earn a return on the CO2 their tree absorbs from the air, in the form of $aCO2 tokens that are equivalent to one unit of carbon.
“This is an exciting new phase for the Carbify community. We are very excited to partner with Moonbeam to expand our reach across the entire Web3 space,” said Jaap Harmsma, Co-Founder of Carbify. “With the new architecture, users will be able to purchase NFTrees from any chain and claim their $aCO2 tokens from any chain, all while complying with EU regulations.”
Carbify has reforested over 2,000 hectares of Amazon rainforest in Brazil, restoring critically endangered habitat and combating global climate change. The reforested area absorbs approximately 105,000 tonnes of CO2 per year.
This partnership allows Carbify to expand its single-chain business to an omni-chain solution, with Moonbeam as the center of operations. This interoperability is only possible through Moonbeam’s connected contracts approach, where any team can seamlessly engage with Polkadot parachains and Ethereum Layer 2 and 3.
As part of the partnership, the Moonbeam Foundation will acquire NFTrees to make the network carbon neutral by 2024. Additionally, Carbify’s Eco Empires game will use Moonbeam as a hub for multi-chain interoperability.
Visitors to Blockchain Rio, which runs July 25-26, will be able to sample a Carbified Moonbrew beer co-branded by Moonbeam and Carbify. Each bottle features a QR code that directs consumers to a page where they can claim an NFT featuring carbon offsets that offset the beer’s carbon emissions.
Users can create Carbify NFTrees on Moonbeam by visiting the Rarible NFT marketplace: https://rarible.com/.
To follow Moonbeam’s ongoing developments, see: https://moonbeam.network.
ABOUT MOONBEAM NETWORK
Moon Beam is a smart contract platform for building connected cross-chain applications that can access users, assets, and services on any chain. By bringing together the capabilities of Ethereum, Cosmos, Polkadot, and more into a single platform, Moonbeam solves today’s fragmented user experience, unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses built-in cross-chain messaging to enable developers to build smart contracts that access services on many remote blockchains. This approach, along with Moonbeam’s developer-friendly EVM platform, broad tooling support, and modern Substrate architecture, creates the ideal development environment for building connected applications. Social Links:
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ABOUT RARIBLE
Rarible is a leading NFT platform that powers established and emerging brands and creators. With a multi-chain aggregated marketplace for NFTs, a self-service marketplace builder, and a premium service for custom marketplaces, our products help brands and creators succeed at every stage of their NFT journey.
ABOUT CARBIFY
Carbify is a disruptive alternative to current carbon market offsetting solutions and methodologies. Around 90% of current CO2 offsets are carried out illegally and based on incorrect data or intentions (source). We use blockchain technology to create a transparent and immutable method of documenting CO2 offsets. It is based on our own set of strict rules, created by a team of environmentalists.
In addition to providing the ideal solution for tracking carbon offsets, the company also plants trees (agroforestry systems) in the Amazon rainforest in Brazil and plans to expand to several countries. Our planting initiatives are entirely focused on reforestation of cleared areas and aim to generate social impact, education for locals and food security through these projects.