
AtomicHub’s Carbon Offset Feature Is Now Live
The world’s busiest NFT marketplace now allows users to offset their carbon emissions, save the planet, and earn NFT rewards!
NOVEMBER 9, 2022. NEWS. WRITTEN BY JOHN NICHOLS.
NFT Insider is a wholly-owned subsidiary of pink.gg Solutions GmbH, the company behind AtomicHub.
It’s time to make the world a better place.
Today, AtomicHub launched their carbon offset initiative, in partnership with Meta Carbon, a tech-based climate change platform. This allows AtomicHub users to, if they wish, offset the carbon emissions of their transactions to receive NFT rewards.
Users will be able to choose which projects their carbon offsets go towards, and can also track the total amount of carbon that’s been offset per collection.
When purchasing an NFT from the secondary market, AtomicHub users are now presented with a new option – the ability to offset the CO2 of the transaction, or additional CO2 if desired.
If selected, the cost of this offset is added to the total purchase price, and the total Kg of the carbon offset is added to that users monthly offset balance.
According to AtomicHub, the offset option is a session-length toggle – therefore the option chosen is set as default for the rest of that browser session, removing any inconvenience this new feature could add to the purchase experience.
By heading to the new Green page, users can view the offset balance they’ve accrued, plus find more information on the projects these offsets can be donated towards.
Five projects will be selected each month from Meta Carbon’s pool of REDD+, Verra-registered beneficiaries, helping to protect rainforests and support other climate-positive initiatives around the world.
Users that engage with this carbon offset feature will be eligible for two types of NFTs.
The first of these are a non-transferable NFT receipt – issued proof from StandForTrees of the amount of carbon that has been offset.
The second of these are exclusive, high-quality loyalty NFTs. These will come in a variety of rarities, with the users that offset the most carbon each month in the running to receive the rarest NFTs. These are purported to have additional utility in an upcoming Meta Carbon project.
Opinion
Public opinion on NFTs still, for the most part, revolves around three points; they have no use cases, they’re a scam, and they’re harmful to the planet.
With AtomicHub’s recent announcements and the launch of this carbon offset initiative (alongside many other developments in the wider blockchain space this year), as an industry, we’ve taken major steps to disprove all three.
Meta Carbon support a wide-range of high-quality, reliable climate projects around the world, and it’ll be fantastic to see the positive impact the AtomicHub community makes over the coming weeks, months and years.
For the full details, head to the brand-new AtomicHub Green page, listen to the latest Atomic AMA, and check out the launch announcement on the AtomicHub Blog.