Talaxeum: a Green Blockchain Launchpad
You must have come across the rising concern over how much power is wasted on cryptocurrency mining. This year, Bitcoin power consumption is projected to exceed that of entire Norway (global #29), while the pre-merge PoW version of Ethereum consumed more than Pakistan or Philippines (global #33 and #35, respectively) at its peak. These are enormous amounts of energy that could have been used for better causes.
Out of the desire to offset carbon emissions on a bigger scale, to provide support for projects that put environmental sustainability first, and to gather agricultural and forestry players who wish to tap into web3 and launch their projects through decentralized tokens, the blockchain currency and platform for green projects Talaxeum was originated in late 2021 in South East Asia.
It targets green projects that either already exist or need incubation, both commercial and non-profit, and gathers them under the umbrella of Talaverse. This ecosystem is built from blocks (project NFT collections) and shards (standalone NFTs forming blocks). Commercial projects joining Talaverse after a multidimensional feasibility scrutiny are regularly redistributing a fixed percentage of their profit as Green NFT Rewards to shards, thus earning a passive income for NFT owners who can also transfer or trade the NFTs.
Talaverse is also a green NFT marketplace. Its members will be using the Talaxeum native currency TALAX as the main transaction vehicle. The project aims to embrace a diverse range of environmentally friendly businesses to offer easily accessible carbon footprint offset services through funding of green projects and purchasing carbon credit tokens.
Talaxeum is a strategic partner of BTS Ventures and Gotbit. It has been in contact with a retail chain mart, an NFT art center, and projects creating a green water product, an herbal medicine product, an integrated transportation solution, and a secure telecommunications solution as prospective members of its green incubator. Its prospective non-profit ecosystem members include a tree plantation and an environment protection and conservation project.
Among the for-profit businesses willing to join Talaverse there are a retail product line, a PET recycling project, a food and drink retail chain store, an accounting service, a software development company, a furniture product, and a hydroponic plantation.
According to the World Economic Forum’s Global Risk Report 2022, out of ten potential global risks approaching us in the next decade, five are environmental issues. Talaxeum CEO Hans Sutanto believes this fact is enough to understand that care for the earth and the environment will greatly affect the survival of our children and grandchildren. Therefore, Talaxeum builds a solution to support carbon emission reduction efforts embracing the cryptocurrency community, business, artist and environmental-activist communities through the blockchain technology.
As a sustainability and resource-preservation-oriented project, Talaxeum chose to issue its Proof-of-Stake token TALAX on BNB Chain. Starting October 3, 2022, a private token sale has opened aiming to raise USD 1M in funding from VCs, communities, KOLs, and retail users. Those willing to actively contribute to the Green DeFi movement in a novel web3 way can see the token sale participation details here.
Reference Links:
Website: https://talaxeum.io
White Paper: https://talaxeum.io/docs/TALAXEUM-Whitepaper.pdf
Instagram: https://instagram.com/talaxeum
Medium: https://medium.com/@talaxeum
Telegram: https://t.me/TalaxeumGlobal
Twitter: https://twitter.com/talaxeum
Token sale form: https://forms.gle/RCxLXTeUH7HVUQsm7
Disclaimer: Nothing in this article shall be considered an offer to sell, solicitation of an offer to buy, financial recommendation, or financial advice. Do your own research and seek advice from professional financial advisors.