The Worldwide Asset eXchange (“WAX”), the world’s number-one blockchain as measured by both number of users and number of transactions, has announced that it will be releasing carbon impact NFTs (“NFTs”) in celebration of Earth Month. The company is committed to sustainability and a greener blockchain; in a show of that commitment, the company has eliminated the need for gas fees and has created the world’s first carbon impact collectibles in the form of non-fungible tokens. In the announcement, the company observed that it is excited to do its share in caring for Planet Earth by operating a carbon neutral blockchain and promoting highly energy efficient NFTs. The carbon impact NFTs created and offered by WAX provide a simple way for users to offset a portion of their CO2-generating activities. The WAX carbon impact NFTs are priced at $1, $5, $25, $50 and $100, and can be gifted, traded, sold or “composted,” which means the NFT holder redeems the NFT. As part of that process, WAX announced that one tree sapling will be planted by the National Forest Foundation for every $1 in NFT value redeemed. “WAX was designed from the beginning to be incredibly energy efficient,” said WAX co-founder William Quigley. “That is why WAX NFTs use a tiny fraction of the energy of Ethereum and Bitcoin.”
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About the Worldwide Asset eXchange
The Worldwide Asset eXchange(TM), known as the King of NFTs, is the world’s number-one blockchain as measured by both number of users and number of transactions, according to Dappradar.com. WAX is also the leading entertainment NFT network. In 2018, WAX introduced vIRLs(TM) , giving consumer product companies the ability to directly link NFTs to physical consumer products. Cofounded in 2017 by William E. Quigley and Jonathan Yantis, WAX delivers the safest and most convenient way to create, buy, sell and trade virtual items and physical products to anyone, anywhere in the world. WAX has facilitated the trade of more than 100 million digital collectables including Major League Baseball, Capcom’s Street Fighter and world-renowned entertainers Deadmau5 and Weezer. For more information, please visit https://on.wax.io/wax-io.
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