The blockchain and cryptocurrency space has shown increasing interest in impacting the global climate positively and improving sustainability. Likewise, Brokoli makes you get NFT trees with sustainable DeFi.
A major upcoming contributor to this is Brokoli, and it recently launched its impact-to-earn NFT metaverse. The NFT metaverse is strategically built to help users positively impact the global climate while also earning passive income.
DeFi Needs to Be Environmentally Sustainable to Reach Global Adoption
According to a Harvard report, every USD 1 of a crypto value produced causes USD 0.66 in health and environmental damage. Therefore, the ecological effect of blockchain technology was not a key consideration when it was designed.
Its sustainability concerns have spilled over to the Decentralized Finance (DeFi) area. DeFi exploded in 2020, with more individuals joining the ecosystem every day. While this creates new opportunities, it also brings sustainability issues to the forefront.
As a result, we are confronted with a scenario in which many current and dominant networks are faced with a slew of sustainability concerns. Because of the environmental effect of blockchain technology, Bitcoin’s financial sidechains and Ethereum, on which DeFi is built, are inadequate long-term solutions for broadly accepted decentralized finance.
What is Brokoli Network?
Brokoli is the ultimate multi-chain DeFi sustainability layer. This network combines DeFi and GameFi to encourage users to create, own, and exchange positive effects. The initiative is divided into three sections, each of which has a single purpose: to rapidly expand Brokoli’s user base and offset DeFi’s carbon impact.
On the other hand, any blockchain platform (centralized or decentralized) can implement Brokoli’s API to allow users to opt-in to a small climate fee that offsets their transaction’s footprint.
$BRKL Token Case Uses
Brokoli Network will be controlled by a decentralized autonomous organization using the $BRKL token. Token holders will be able to vote on the selection of sustainable energy projects, e-waste collection and recycling programs, and tree-planting partners.
Brokoli will receive Climate Fees from Brokoli DEX, direct donations from companies and individuals, and API-collected Climate Fees in native tokens. Native tokens are then used to buy $BRKL tokens and distributed to $BRKL token holders that stake and participate in the community vote via airdrop.
More About Brokoli NFT Metaverse
The Impact-to-Earn platform is built on the premise of sustainable DeFi. This means that interested persons are expected to plant trees to get NFTs. Put, as users make use of Brokoli’s green DeFi products, they plant trees which, in turn, is added to users’ NFTs. The trees can then be sold as NFT, especially for corporate companies looking to improve their carbon footprint. Brokoli’s NFT Trees can also accurately be described as a “decentralized alternative to Carbon credits.”
Broccoli is quite similar to Play-to-Earn (P2E) platforms. The platform users can also easily create, own and sell their impact. This is because they earn digital trees backed by real trees every time they use the platform. Users can earn income by either holding their NFT trees for features like APY boost, exclusive access, etc., or they can sell them for Brokoli’s native token $BRKL.
Essential features on Brokoli include its Green Dex, Green NFTs, Green Investments, Green Lending, Green Yield Farming, etc. The impact-to-Earn platform has also disclosed plans to launch a digital dashboard designed to show users their impact in real-time. The launch is scheduled to take place in Q1 of 2022.
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