Binance Charity is the first ever transparent charity on blockchain. This project has created the most ambitious tree planting project to date through the NFT, which aims to plant 10 million trees worldwide. The Tree Millions Alliance project is launched next Tuesday, September 28 led by Binance Charity. The initiative already has 17 players from the crypto industry, who have confirmed their help with afforestation.
They can join a multi-million dollar fundraising campaign companies and individuals. For each gift provided, an NFT certificate will be issued, encrypted with details of the trees planted. The NFT will be used as a tool to monitor how donor money has been used. As with all Binance Charity projects, 100% of the donation will go directly to the project partner.
“The crypto industry is young and constantly evolving, so we are aware of the role our industry must play in protecting the planet. Millions of trees are just one step in mitigating our impact on nature; we will continue to innovate and work together to further reduce it. Blockchain technology is a powerful tool for building a fairer, more transparent and more equal future. We are determined to continue to unleash this potential,” commented the founder and CEO of Binance CZ.
Binance Charity is teaming up with Binance NFT, the world’s leading NFT market for millions of trees, to plant and create the world’s largest virtual forest in Metaverse. In addition, Binance NFT will bring together the creators who will participate in NFT for Good to support fundraising efforts for Tree Millions. NFT for Good was first launched in June 2021 by Binance Charity and Binance NFT with a vision to capture creativity to support meaningful change. NFT certificates produced for Tree Millions by Binance Charity will use Binance SmartChain which consumes less than 1% of BTC energy.
An ambitious Binance Charity project
The Tree Millions Alliance is one step towards a shared vision of Binance Charity and Binance for a greener crypto industry. Last year, Binance launched the Binance Smart Chain (BSC), one of the leading ecological blockchains. If BTC consumes approximately 113.89 terawatts hour per year (TWh / year) and traditional banking systems consume 263.72 TWh / year, Binance Smart Chain consumes less than 1% of that. BSC is extremely environmentally friendly and cost-effective.
More info about this program can be found at this link.