Crypto

Seychelles: how blockchain comes to the rescue of the magpie

“We sold our first NFTs yesterday and already raised $ 2,500 on the first day,” Nirmal Shah, CEO of the nongovernmental organization Nature Seychelles, which launched the project to fund protection operations, told AFP.

About 400 singing forty live on the four islands of the Seychelles, 59 of which are in the Cousin Island Special Reserve.

Each NFT corresponds to a specific and identified bird, Nirmal Shah explained, presenting this operation as the world’s first in the field of the environment.

“Non-fungible tokens” or non-fungible tokens are certificates of ownership based, like bitcoins, on blockchain technology and associated with a digital object: image, video, animation, photo, sound or text … and now a bird.

Read also:

⋙ Seychelles, a nest of rare birds

⋙ Podcast: Seychelles Beyond Postcards

⋙ Seychelles, a global conservation model?

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