Green NFTs: StreamCoin’s New Environmental Initiative in Partnership with One Tree Planted

StreamCoin, a prominent player in the Web3 space, has launched its new environmental initiative in partnership with One Tree Planted, supporting the organization’s efforts in global reforestation through NFTs.

Within this initiative, StreamCoin has created its first Green NFTs, special digital items created only for nonprofits. The first Green NFTs collection was minted on STRMNFT – the company’s own NFT marketplace. With royalties set at 0% and a price of approximately $10 per item, this collection is set to showcase how NFTs can be utilized for good causes.

StreamCoin aims with the Green NFTs to involve its users in global reforestation by providing a simpler and more transparent way of donation. When a user donates through the new collection, the Green NFT goes to their account to be proof of donation. Michael Ein Chaybeh, CEO of StreamCoin, remarked:

We aim with this initiative to show how NFTs can be used to make environmental and social change on a global scale. I believe that the Green NFTs we created in partnership with One Tree Planted will be a great leap toward expanding the utility of NFTs to help the environment.

Based in the U.S. state of Vermont, One Tree Planted is a 501(c)(3) nonprofit dedicated to making a greener planet with its worldwide reforestation projects. The organization makes it simple for everyone to help the environment as it plants one tree for each $1 received.

Ashley Lamontagne, forest campaign manager at One Tree Planted, commented on the partnership:

We appreciate the support of StreamCoin and all the great work we will be able to do as a result of this partnership. Through their contributions we will be able to plant more trees where they are needed most and further our goal of global reforestation.

To support the efforts of StreamCoin and One Tree Planted for global sustainability, users can donate with the Green NFTs, which will then be available in their STRMNFT account to acknowledge their contribution. The Green NFTs are available within the ‘One Tree Planted’ collection on the STRMNFT marketplace.

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