Ecosapiens, a Non-fungible token (NFT) project, has managed to raise $3.5 million in seed funding to make blockchain collectibles more viable in terms of environmental impact. The project was backed by well-known investors like the founder of digital fashion company 9dccgmoney, vice president and head of corporate development at Coinbase Ventures Shan Aggrawal and the former chief operating officer of Moonbirds Ryan Carson, among others.

Ecosapiens avatars are meant to be a way for collectors to offset carbon emissions by allowing the option of additional carbon credits to customize and increase the rarity of NFTs. It's founder, Nihar Neelakanti, expresses his motivation for making this eco-friendly product was in order to help tackle the state of the environment and make an impact. He believes that carbon credits disguised as NFTs is an efficient way for consumers to earn rewards for their activism that can make a real difference.

The funding will be going towards building out the Ecosapiens marketplace, testing out different minting strategies and pushing brand partnerships to expand its reach. OpenSea data also reveals that the Alpha Collection launched in February has a floor price of 0.055 ETH, around $100 and so far has helped offset over 1,000 tons of carbon dioxide, the equivalent amount to planting 40,000 trees.

Ecosapiens is an innovative NFT project that offers a very practical way of helping with environmental causes. Not only can this project help offset carbon emissions and be an engagement tool, but it also lets collectors customize their NFTs and increase their rarity with additional carbon credits. It has certainly earned the attention of environmental activists and crypto collectors alike with its robust funding. It's clear that Ecosapiens is aiming for bigger success in the future, and will likely reach its goals as it expands its partnerships and build out its marketplace.



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