StreamCoin Launches “Green NFTs” in Partnership with One Tree Planted

Toronto, Ontario–(Newsfile Corp. – November 14, 2022) – As part of its collaboration with A planted treeblockchain society StreamCoin announced the launch of a new environmental initiative to reinforce its commitment to sustainable development.

STREAMCOIN / ONETREREPLANTED

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8840/144011_d3f0fbe5249a8b4e_001full.jpg

In its efforts to contribute to a greener and more sustainable planet, StreamCoin plans to launch a series of non-profit initiatives to support global reforestation. Proceeds from these initiatives will be donated to One Tree Planted, helping the organization in its reforestation efforts.

Through this eco-friendly reader, StreamCoin also strives to shed light on the ability of NFTs as a means for good. Michael Ein Chaybeh, CEO of StreamCoin, further explains the company’s initiative:

“We aim with this initiative to show how NFTs can be used to bring about environmental and social change on a global scale. I believe that the green NFTs that we have created in partnership with One Tree Planted will be a great step towards expanding the usefulness of NFTs to help the environment.”

StreamCoin reaffirms that the collection is created for non-profit organizations only, as Green NFTs have 0% royalties and cannot be resold. When donors purchase green NFTs, the item will be considered their proof of donation.

Speaking on the benefits of NFTs, the company explains that using NFTs to support good causes can ensure transparency for donors, organizations and other parties involved. Funds can be tracked and monitored on the blockchain, as payments for NFTs are also made using cryptocurrencies.

Each Green NFT is priced at approximately $10 in STRM, with each item used for the donation contributing to the organization’s planting of ten trees, as it plants one tree for every $1 received. Based in Vermont, USA, One Tree Planted is a 501(c)(3) nonprofit organization dedicated to helping the environment with its large-scale reforestation projects.

Ashley Lamontagne, forest campaign manager at One Tree Plante, commented on the partnership:

“We appreciate StreamCoin’s support and all the great work we will be able to do through this partnership. With their contributions, we will be able to plant more trees where they are needed most and continue our goal of reforestation. global.”

To donate to One Tree Planted with Green NFTs, interested users can find the nonprofit items in the Collection “A planted tree” on STRMNFT-StreamCoin’s own marketplace for NFTs.

You can find more information about StreamCoin on its official website and social networks:

About StreamCoin

StreamCoin (STRM) is a blockchain company working to bridge the gap between Web2 and Web3 users. It has an ecosystem of video and NFT streaming services and products. The company aims with its ecosystem to provide versatile utilities suitable for all users around the world.

Contact:
CEO: Michael Ein Chaybeh
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144011

Comments are closed.