10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

Angry Teenagers Announce First Reforestation Project In Agogo, Ghana

Over the year-long planning process, they have worked in partnership with local NGO SYND Ghana to carry out numerous ecological and environmental surveys on the 200-hectare site in Nonyam Ye, Ghana’s Ashanti province.
They have engaged more than 400 community members in discussion to understand the impact the reforestation project will have on the people who live there and how to maximize the benefits.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Angry Teenagers

The Angry Teenagers, a Regenerative Finance (ReFi) project built on the Tezos blockchain, have announced the completion of due diligence and community planning discussions for their first reforestation project. 

Over the year-long planning process they have worked in partnership with local NGO SYND Ghana to carry out numerous ecological and environmental surveys on the 200 hectare site in Nonyam Ye, Ghana’s Ashanti province.

They have engaged more than 400 community members in discussion to understand the impact the reforestation project will have on the people who live there and how to maximize the benefits.  

The project set up is now complete and they are moving to raise $1m to fund the project. The initial fund raising will be through an NFT mint at the start of October. 

The Angry Teenagers is a pioneering Impact NFT project. The key innovation is that each NFT has control over the funds invested, visibility of the impact and compounding impact over time.  

Control: all funds from the initial NFT sale go into a wallet that is controlled by the vote of NFT holders. They vote to release funds to finance milestones in the project development. 

Visibility: Each NFT is geolocated to a specific square of land within the reforestation project. As the forest grows the NFT updates with photos of that square of land.  

Compounding impact: as the forest grows it generates carbon credits, which are sold.

The proceeds are share between the local community development fund (45%), the project developer (10%) and the Angry Teenagers wallet (45%).

The NFT holders then vote to release that money to be invested in more reforestation. 

More details:

Watch This is How I feel about Climate Change – an overview of the Angry Teenagers.

Watch The Nsonyam Ye project Field trip – a detailed account of a field trip to the project site.

Listen to the founders on the ReFi DAO podcast (or watch it!)

Read the Whitepaper for the in-depth details.

Disclaimer

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Read our full disclaimer here.

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More

Tezos NFTs are Coming to the Farcaster Ecosystem, as Tesserart Announces Launch

Tesserart, your gateway to live artwork minting and exclusive events, is excited to unveil its first tool on April 3rd, 2024. Developed to transform the art acquisition, appreciation, and collection process across various platforms, Tesserart utilizes the Tezos blockchain to provide a portal for real-time artwork creation and positions itself as a swiss-knife toolkit for the future.

Read More

Oxford 2 Upgrade for the Tezos Blockchain: Private Smart Rollups, Easier Baking, new Timelocks 

Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.

Read More

Blind Gallery Announces “Academy by Blind Gallery”: A Trailblazing Educational Platform for Blockchain Art, Launching February 2024, powered by Tezos

Blind Gallery, an innovative gallery in the digital art space, proudly announces the upcoming launch of “Academy by Blind Gallery,” launching in February 2024.

This state-of-the-art educational platform is dedicated to fostering expertise in blockchain art, catering to a wide audience that includes artists, curators, gallerists, collectors, art dealers, and academic institutions.

Read More