Partnership Announcement: MetaRing x Coorest

Published on: 25.02.2022

Venly is very proud to announce another official partnership between MetaRing and Coorest, a blockchain native ecosystem that enables a transparent and globally accessible market for sustainable investments. By linking real-world NFTs and carbon emissions offsetting, Coorest aims to help reduce CO2 emissions, improve livelihood, and protect wildlife.

 

Through this partnership with the Venly MetaRing, Coorest will provide ring owners with a unique tree to plant on their land within the Nova Terra metaverse. This tree gives you a fruit that boosts your stamina and the possibility of a unique resource to increase your game experience. In addition, MetaRing owners will be the first to receive a notification when the Coorest land sale will take place on the marketplace, along with an automatic whitelist for the sale.

Venly cares about our planet. To us, sustainability is not a marketing label, but a core value in building this new space. As more companies become aware of this, they aim to set the standard for how organizations can come together to inspire change. This is why they have partnered with Coorest to plant a real tree for every MetaRing. By doing this, we contribute to becoming environmentally friendly while also becoming carbon neutral, or even negative, in the process.

With sustainability at the core of what we stand for, our partnership with Coorest hopes to set the standard for what it means to be environmentally friendly in web3.The MetaRing team hopes to build out this legacy for years to come.”— Stefan Colins, Metaverse Partnerships Director at Venly

“I am thrilled that we have this partnership between Coorest and MetaRing. Together we work on a bridging the gap between the real word and the digital world with our NFTs backed by real trees. The Metaring owners will be the first who will see the new world that we are building with NovaTerra”— William ten Zijthoff, Founder and CEO at Coorest

Coorest introduces a new standard (Proof of Carbon Capture) to verify claims of CO2 compensation and avoid double-counting of carbon credit compensation claims. With the rise of blockchain technology and metaverses, it is possible to connect the real world to the digital world, making it both sustainable and profitable for all participants without the need for a middleman.. Blockchain is suitable to tackle double counting problems by looking at verifiable on-chain data. The opportunity arises to tokenize wildlife, trees and CO2 absorbed by these trees and give them a utility in metaverses.

Venly is a blockchain technology provider with over 1.5M end-users. It offers users of blockchain projects digital wallets to store assets with a native solution that also works on mobile devices.

Venly also recently launched the Venly Market as the first-ever peer-to-peer and blockchain agnostic NFT marketplace.

With Venly’s NFT-tools like unity integrations and a Shopify app, blockchain games, projects, and decentralized applications can tap into an entirely new revenue stream without having experience in blockchain engineering or a complex regulatory framework.

SOURCE: 
Venly

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