June 22, 2022
By Staff Writer
EMURGO, the official commercial arm and a founding entity of the Cardano blockchain, today announced the company and its Cardano NFT marketplace Fibo have joined ImpactNFT Alliance to support the cross-promotion of “Impact NFTs.”
The ImpactNFT Alliance is a next-generation association of organizations using NFTs to ignite and accelerate the environmentally-friendly impact of Web3 projects through the pursuit of the United Nations’ 17 Sustainable Development Goals (SDGs) which include climate targets and social goals such as fair access to education and gender equality.
“Impact NFTs” are designed to fund positive social, cultural, and sustainable development, or “impact investing.” As NFTs, these transactions can be recorded on a decentralized blockchain and verifiably tracked by anyone to prove that funding has gone towards SDGs.
As a founding entity of the Cardano blockchain, EMURGO’s mission is to create impactful solutions on Cardano’s environmentally-sustainable blockchain platform.
Fibo is an NFT marketplace built by EMURGO that leverages Cardano’s blockchain to offer a one-stop-shop for socially conscious artists and collectors to create a positive social impact and transact Cardano NFTs.
Through this alliance membership, EMURGO will enable opportunities for its Fibo NFT artists and collectors to also display their NFTs with ImpactNFT Alliance’s physical art exhibitions & events, as well as gain access to their social impact network for future potential NFT collaborations and exclusive drops. Impact Alliance’s partner organizations and Impact NFT artists would have opportunities to leverage Fibo’s Cardano NFT marketplace and reach the broader Cardano community.
“Collaborating with the Impact NFT Alliance permits an amazing opportunity to share Cardano core values such as sustainability, decentralization, and interoperability with an open and receptive cross-chain coalition. Through this membership we are thrilled to provide Fibo artists additional channels to reach NFT collectors who desire to have a positive social impact through NFT investment,” said EMURGO NFT Business Development Lead Tyler Wales.
Founded in early 2021, ImpactNFT Alliance is the world’s largest impact advocacy and coalition of NFT creators, web3 ecosystem builders, investors and service providers. “Guided by an Advisory Council featuring more than 25 of the world’s leading domain experts in climate, ESG, NGO and DAO building as well as web3 technologists, the ImpactNFT.org platform has been the most prominent voice in both the online and offline worlds in promoting the idea of impact creation,” said Joe Pan, executive director of the Alliance. “To this day, if you search the keyword impactNFT, all of our work still dominates the first 20 pages of search results organically. Onboarding EMURGO and Fibo will add our coverage in the Cardano community.”
EMURGO is the official commercial arm of Cardano and provides socially impactful solutions to solve some of the most intricate problems of organizations. As a founding entity of the Cardano protocol, EMURGO is able to leverage its abilities for large-scale blockchain development and rapid solutions deployment to benefit its global clients.
EMURGO Group has offices in Singapore, India, and Indonesia, and a roster of global clients & partners. To connect and learn more, visit https://emurgo.io.