" class="no-js "lang="en-US"> JustCarbon and NFT Design Works partner to bring blockchain benefits
Thursday, March 28, 2024

JustCarbon and NFT Design Works partner to bring blockchain benefits to support climate change

Revolutionary blockchain carbon marketplace, JustCarbon, whose token marketplace opens today, has also announced that digital collectables creator and curator, NFT Design Works will become a partner, so that Non-Fungible Tokens (NFTs) will benefit from carbon offsetting. Co-founded by former world leading cricketer, Daniel Vettori, the partnership will ensure that current NFT Design Works, NFT clients’, such as World Triathlon and former All Blacks, benefit from a transparent, effective and accountable nature-based carbon marketplace.

Carbon credits are a vital tool to finance sequestration of the world’s unavoidable emissions by safeguarding our existing forests and planting new ones while funding new projects supporting recent developments in carbon sequestration. JustCarbon is designed to make it simpler and more efficient for both buyers and sellers of credits from these projects.

Over time, the partnership will be bringing to market NFTs that will seamlessly connect crypto communities with JustCarbon’s robustly designed and measured, nature-based projects that add new sequestration capacity to the planet’s ecosystems.

In 2021, NFTs market value was $41 billion*, with the most significant sale of $69million of NFT artwork by the auction house, Christie’s.  Their popularity has grown because they provide proof of ownership for physical and digital items that are attractive to buyers.

Terry Daly, Head of Commercialisation at NFTDesign.Works said: “We are delighted with this partnership, carbon offsets are a necessity for everything we do. JustCarbon has created a highly sophisticated carbon marketplace that enables all of our projects to bake nature based carbon sequestration into our products and communities”.

Gavin Anderson, co-founder at JustCarbon, added: “The market for carbon credits remains fragmented, inefficient and often inequitable. The JustCarbon marketplace has been developed to ensure that climate action is transparent and accessible whilst being environmentally sound. We are thrilled to align with NFTDesign.Works to seamlessly integrate carbon offsetting that ensures climate action projects remain funded in the future, and with NFTs popularity soaring this would be a huge step forward in funding climate change projects.”

Individuals and businesses can purchase JCR’s on The Crypto Climate Exchange and Uniswap plus other selected exchanges listed on the JustCarbon website.

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