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...
The Angry Teenagers – Taking Action On Climate Change And Funding Reforestation Dynamically Through Tezos NFTs
The Angry Teenagers are on a mission to help people take action on climate change.
Led by Ben Whately, founder of language learning app Memrise (60m+ users worldwide), The Angry Teenagers are creating geolocated, dynamically updating NFTs that directly fund reforestation projects.
By: XTZ News
4 July 2022
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.
The Angry Teenagers are on a mission to help people take action on climate change.
Led by Ben Whately, founder of language learning app Memrise (60m+ users worldwide), The Angry Teenagers are creating geolocated, dynamically updating NFTs that directly fund reforestation projects.
Each Angry Teenager NFT represents a piece of degraded land and each Angry Teenager purchased, funds the work to bring that land back to life through reforestation.
When you buy the Angry Teenager, it is not a one-off donation – the money goes into a blockchain wallet, and funds the project over time.
You only release money as the project reaches milestones, so the whole process is totally accountable.
For every ton of carbon that the land captures you get a return because companies pay for each ton of carbon in order to reach net zero.
Angry Teenagers NFTs are artworks born out of our anger, confusion, dissatisfaction, and the fear of living in mass consumption, drifting in the world that seems to be controlled by someone else.
“We’re angry about the climate mess we’re in. We’re also pretty confused by it and, frankly, terrified. We see this unfolding catastrophe, but we don’t know how to fix it. What can I do to make a real difference?
We’re not alone: 70% of millennials and Gen-Z in the US see climate action as their number 1 priority – but only 30% have done anything about it in the last year. We want to create a product that makes it super easy to take meaningful direct action.”
– Ben Whately, founder, The Angry Teenagers
The Angry Teenagers are about using everything we have — culture technology, creativity, economic incentives — to throw a pig on the tracks of the way things are heading, and build a paradigm that is greener, fairer… a bit less of a catastrophe and a bit more fun.
But they are more than that: they are tools to drive direct investment into reforestation.
How It Works:
The first project being funded is a youth organisation in Ghana who are training young people to rebuild an ecosystem on land that has been intensively logged.
Each Angry Teenager stands up for an actual piece of land in the project – geolocated using What3Words.
The NFT metadata changes as the land changes, capturing everything that is happening – photos, biodiversity, and the impact on people who are looking after the land, so it’s totally transparent.
When you buy the Angry Teenager, it is not a one-off donation – the money goes into a blockchain wallet, and funds the project over time. NFT holders only vote to release money as the project reaches milestones, so the whole process is totally accountable.
Below, shows a Drone photo of the site of the first Angry Teenagers reforestation project in Agogo, Ghana:
As the forests grow, carbon credits are sold, and the funds are returned to the wallet to invest in more reforestation projects.
The more forests The Angry Teenagers plant, the more carbon is captured, the more money can be invested in planting more forests: it creates an exponential cycle of growing investment into reforestation, maximizing your impact.
You can connect with The Angry Teenagers on Twitter here.
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.
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.
Robinhood, a popular trading platform known for democratizing access to financial markets, has expanded its cryptocurrency services in New York State by adding Tezos (XTZ) to its list of available digital assets. This development allows New York-based users to buy, sell, and trade Tezos, enhancing the cryptocurrency’s accessibility…
Blueshift announces the launch of the world’s first curated online platform for environmental digital art. Founded by Diane Drubay, Blueshift features exhibitions like Newroots – The Antropophytomorphic Age and offers the largest collection of environmental digital art, available as NFTs. These NFTs are available on Tezos platforms such as Teia Community, objkt.com, and fx_hash, as well as on the Ethereum-based Expanded Art platform.
Today, Tezos X has been unveiled, presenting a forward-looking vision for Tezos that marks a significant evolution from its original design. According to the official blog, this vision addresses some of the most fundamental issues in the blockchain space, aiming to enhance usability and utility while maintaining the core properties of blockchain technology.