In episode 89, we’re excited to welcome Nihar Neelakanti, Founder & CEO of Ecosapiens, the world’s first Carbon-backed NFT project. We discuss how Web3 is a perfect tool to incentivize climate action, how blockchain can improve carbon markets, NFTs as a powerful tool for activists and changemakers, advice for seeking out venture capital funding in Web3, and much more.

--Three Key Takeaways--

The thesis behind Ecosapiens is that Web3 can help incentivize individual climate action by making it one-click easy, financially attractive, and socially rewarding.
Through their impact-to-earn protocol, Ecosapiens is using Web3 tokenomics to create a marketplace that rewards positive actions.
The technology around carbon markets is outdated, and Web3 can help improve carbon markets by eliminating the risk of double-counting through the storing of credits on-chain, increasing transparency in the markets, and creating more liquidity.

--Full shownotes available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode89-ecosapiens-merging-climate-tech-and-digital-assets-with-the-first-carbon-backed-nft

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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Episode 89 - Ecosapiens - Merging climate tech and digital assets with the first carbon-backed NFT

Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3