Blockchain
StreamCoin Releases Eco-friendly “Green NFTs” in Partnership with One Tree Planted
Toronto, Ontario–(Newsfile Corp. – November 14, 2022) – As part of its collaboration with One Tree Planted, the blockchain company StreamCoin has announced the launch of a new environmental initiative to further its sustainability commitment.
STREAMCOIN / ONETREEPLANTED
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In its efforts toward contributing to a greener and more sustainable planet, StreamCoin is planning to launch a range of nonprofit initiatives to support global reforestation. The proceeds collected from these initiatives will be donated to One Tree Planted, helping the organization in its reforestation efforts.
Through this environment-friendly drive, StreamCoin also strives to shed light on the capability of NFTs as a means for good. Michael Ein Chaybeh, Chief Executive Officer at StreamCoin, explains more about the company’s initiative:
“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.”
StreamCoin reinstates that the collection is created solely for nonprofits, with the Green NFTs having 0% royalties and not being resalable. When donors purchase Green NFTs, the item will be viewed as their proof of donation.
Speaking on the benefits of NFTs, the company elucidates that using NFTs to support good causes can ensure transparency for the donors, organizations, and other parties involved. The funds can be tracked and monitored on the blockchain, as the payments for NFTs are also made using cryptocurrencies.
Each Green NFT is priced at approximately $10 in STRM, with each item used for donation contributing to planting ten trees by the organization-as it plants one tree for each $1 received. Based in Vermont, USA, One Tree Planted is a 501(c)(3) nonprofit devoted to helping the environment with its widescale reforestation projects.
Ashley Lamontagne, a forest campaign manager at One Tree Plante, 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 donate to One Tree Planted with Green NFTs, interested users can find the nonprofit items in the ‘One Tree Planted” collection on STRMNFT-StreamCoin’s own marketplace for NFTs.
More about StreamCoin can be found on its official website and social media:
- Website: https://stream-coin.com/
- Telegram: https://t.me/streamcoinofficial
- Twitter: https://twitter.com/streamcoin_strm
- Instagram: https://www.instagram.com/streamcoinofficial/
- LinkedIn: https://www.linkedin.com/company/streamcoin/
- YouTube: https://www.youtube.com/c/STREAMSTRM
- Medium: https://medium.com/streamcoin
- Facebook: https://www.facebook.com/streamcoinofficial
About StreamCoin
StreamCoin (STRM) is a blockchain company working to bridge the gap between Web2 and Web3 users. It has an ecosystem of video streaming and NFT services and products. The company aims with its ecosystem to provide multi-purpose utilities tailored for all users around the world.
Contact:
CEO: Michael Ein Chaybeh
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144011
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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