Nemus Can NFTs Save the Amazon
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In May 2020, in Brazil, a man was convicted for deforestation. A court sentenced him to serve at least 12 years in prison. In this case, a Brazilian indigenous tribe lost their forest and became homeless. The defendant has paid a big fine but the law is the law. That is what happened, and we all can see what happened in Brazil. But that case was not only an act of deforestation. It is a proof that Amazon’s loss is causing the loss of all the world’
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Nemus, an international non-profit, has partnered with NFT (non-fungible token) company Lumens Blockchain to promote sustainable forest conservation in the Amazon rainforest. The project aims to create a sustainable source of income and generate revenues while preserving the pristine environment. The partnership between Nemus and Lumens comes at a time when the Amazon rainforest is in crisis, with an estimated 1.8 million trees being felled each day, mostly for timber. The area
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Sustainability has become the top priority for many of the world’s major industries. One of them is the forest and the Amazon. Apart from being home to an enormous biodiversity of life, the Amazon has been a crucial component of the world’s natural resources. As it stands, the world’s biggest rainforest is under severe threat of destruction. This paper will be discussing the benefits of NFTs (Non-fungible tokens) for the Amazon, which is a sustainable ecosystem. Benefits
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Nemus Can NFTs Save the Amazon The Amazon rainforest is the largest continuous forest in the world and home to an estimated 1 million species of plants and animals. In fact, the Amazon rainforest is one of the last remaining rainforests on earth. Nemus, a NFT project, proposes an opportunity for people to contribute to the conservation of the Amazon rainforest. The project’s token, called “N”, is a digital asset that allows users to own a slice of the Amazon rainforest and invest in the
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Nemus Can NFTs Save the Amazon Climate change is one of the most pressing issues that the world faces today. With increasing temperatures, rising sea levels, and extreme weather events, the Amazon is being destroyed. The Amazon rainforest is one of the world’s largest ecosystems, but it is also home to 1.3 million plant and animal species, including many threatened and endangered. As the world is waking up to the fact that the destruction of the Amazon forest is leading to climate change, companies and individuals
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When I learned about Nemus Can NFTs’, a cryptocurrency that allows people to make unique and personalized art that can be sold or traded online, I knew I had to write about it. With the rapid decline in Amazon, the world’s largest e-commerce marketplace, the thought of an alternative way to get a piece of the Amazon pie seems attractive. her response I started my analysis by stating that a market analysis can take anywhere from a few days to a few months, depending on the size of the market. This is why we only cover
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I am excited about the blockchain based platform known as Nemus that offers an innovative way of selling artwork as NFTs. NFTs have gained immense popularity in recent times and I had the pleasure of having Nemus’s product demo at our office recently. Nemus is an exciting solution to the problem of traditional auction houses that sell art pieces for millions, with a few billion dollars in revenue. Nemus offers a unique way of offering art pieces by allowing you to own the artworks digitally with a unique,
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I was deeply moved by the news of the Amazon Rainforest’s destruction, the result of climate change, deforestation, and over-exploitation by a vast industry that is responsible for it. As I studied this terrible issue further, I realized that there was no other way out but to turn to the NFT market to raise funds. Earlier this year, I purchased a NFT (Non-Fungible Token) from an esteemed NFT platform, and this made me understand how important it is for us to understand how it works.