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Carbify and Moonbeam: Pioneering RWA-Based Carbon Offsetting through NFTs

Moonbeam Foundation

Jul 15, 2024

4 min read

Moonbeam x Carbify

TL;DR

  • Carbify is an RWA-based carbon offsetting platform on Moonbeam.
  • Carbify offers NFTrees representing real Amazon rainforest trees, linking digital assets with actual environmental impact.
  • Users can mint NFTrees and earn $aCO2 tokens for carbon absorption purposes.
  • On Rarible Marketplace (coming to Moonbeam), Carbify will launch 6,250 NFTrees.
  • Moonbeam powers Carbify's Eco Empires game, which uses multichain architecture in its design.
  • Blockchain Rio is coming up in July, with Carbify and Moonbeam collaborating for the event.

In the 21st century, climate challenges are increasingly affecting our planet, and innovative solutions are emerging that use blockchain as the foundation. Core features of the blockchain, such as transparency, immutability, and decentralization, are proving beneficial in the fight against environmental issues. The world seeks new methods of incentivizing and tracking environmental efforts, and Moonbeam is becoming a popular choice for climate-focused initiatives.

The project leveraging Moonbeam is Carbify, an RWA-based carbon offsetting platform that shows how Moonbeam can be used to create positive, tangible environmental impact while providing unique opportunities for users to participate.

What is Carbify?

Carbify offers real-world asset (RWA) based solutions for carbon offsetting. At its core, Carbify's innovative approach revolves around “NFTrees”—unique Non-Fungible Tokens (NFTs) representing real trees in the Amazon rainforest. This collection goes beyond mere collectibles; it represents a tangible link to carbon uptake efforts in one of the most important ecosystems on earth.

Upon minting NFTrees, you can claim $aCO2 tokens equivalent to each tree’s absorption of one unit of CO2 gas from the atmosphere. Through this process, digital assets are tied directly and verifiably to real-world environmental impact, as described by Carbify’s goal of utilizing blockchain for good in terms of climate change.

The Moonbeam-Carbify Partnership

NFT Collection Launch

Carbify has planned a release of 6,250 NFTrees simultaneous with its launch on Rarible Marketplace. You can easily mint, trade, or interact within an eco-friendly ecosystem involving the NFTs.

Check the Carbify NFT Collection on Rarible!

Blockchain Rio Participation

Carbify will join Moonbeam at Blockchain Rio (July 25-26, 2024) as a Gold partner, sharing table space and showcasing our ongoing initiatives. Blockchain Rio is Latin America's biggest Web3 event.

Blockchain RIO Carbified

Innovative User Engagement: Co-branded Beer with QR Codes

The collaboration introduces co-branded beer for distribution during Blockchain Rio. Each beer can feature a QR code to create a fun and original Web3 experience:

  1. Users receive a beer at the event.
  2. They scan the QR code, accessing the Carbified Moonbrew Collection (similar to this example).
  3. After connecting via MetaMask or web2 login, users enter the special code: CARBIFIEDMOONBEAMCREW.
  4. A Gotas NFT is minted directly to the user's wallet.
  5. Users complete quests (like following Carbify and Moonbeam on social media) to claim additional benefits.
Carbified beer

Eco Empires Games Integration

Carbify's Eco Empires Games uses Moonbeam as a hub for its multichain architecture. With the game, you embark on an epic journey to conquer villages, strategize with your allies, and earn rewards.

Why Moonbeam for RWA and Carbon Offsetting?

With high throughput, complete Ethereum compatibility, and robust cross-chain integration capabilities via Substrate, it's an ideal foundation for building and scaling solutions that address real-world environmental challenges.

Moonbeam's blockchain infrastructure provides several key advantages for RWA-based projects like Carbify:

  1. High throughput which ensures smooth operations even with significant user activity.
  2. Ethereum compatibility, allowing seamless integration with existing tools and standards.
  3. Cross-chain functionality, which facilitates connections between parachains and expands the potential reach and use cases of RWA projects.

Join Moonbeam’s Fight Against Climate Change

This collaboration between Moonbeam and Carbify has positive real-world implications, where you can help preserve the Amazon rainforest through crypto:

  1. Environmental Benefits: By tokenizing real trees and incentivizing carbon offsetting, you contribute directly to conservation efforts in the Amazon.
  2. Interactive real-world Web3 experience: From NFT minting to the beer can QR codes, you can learn about carbon offsetting in an engaging way.
  3. Advancing RWA Use Cases: This project is an example of how Moonbeam enables tangible connections to real-world assets and actions.

Looking Ahead

We welcome further developments in RWA-based projects on Moonbeam. The Moonbeam-Carbify collaboration is a step towards using Moonbeam for environmental sustainability with real and positive impact. If you are attending Blockchain Rio, remember to get the carbified Moonbeam beer can!