By Chris Lang Nemus sells non-fungible tokens that the company claims to be linked to land in the Amazon rainforest. Nemus claims to have “secured 41,000 hectares of actual at-risk land in the Amazon rainforest”. In January 2022, Nemus announced that a further 6.1 million hectares is “currently under negotiation and soon to be at…
Tag: Cryptocurrency
Democratic Republic of Congo is auctioning 30 oil and gas blocks. Crypto initiative RedemptionDAO wants to buy “at least one block of land” and “co-create nature-based revenue streams with the Congolese people”
Democratic Republic of Congo is auctioning 30 oil and gas exploration blocks. RedemptionDAO wants to buy one to save the rainforest.
“Flowcarbon is a scam,” says Cory Doctorow about WeWork co-founder Adam Neumann’s new carbon offset and blockchain company
Flowcarbon is a scam: Adam Neumann’s new company Flowcarbon has raised US$70 million to put offsets on the blockchain.
Verra prohibits tokenisation of retired offsets. Toucan welcomes the news
Verra prohibits tokenisation – but only of retired offsets from its registry. A new type of “imobilized” offset can be tokenised.
Verra’s response to REDD-Monitor’s questions about Toucan’s transferring of retired carbon offsets to the blockchain: “An entity that retires a VCU and then creates a token is not, strictly speaking, tokenizing a VCU, but is instead creating an instrument that exists outside of Verra’s ecosystem”
Verra’s response to REDD-Monitor’s questions reveal little about Toucan, offsets, and blockchain, except that Verra is, legally speaking, carefully covering its arse.