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EFFORCE Calls on NFT Technology to Save the Planet

September 21, 2022
in NFTs
Reading Time: 4 mins read

Breakthrough NFT-powered energy efficiency platform, Effortannounced the imminent arrival of its Genesis collection. A huge set of highly practical NFTs, a “proof of contribution” concept for tracking participation in energy saving initiatives. Basically, owners can bet NFTs on one of many projects and get a portion of the money saved in return.

Genesis collection inspired by Steve Wozniak

Through spectacular new uses for NFTs, EFFORCE will support each project starting with 2,500 Genesis NFTs. The first two of them are inspired by Apple and EFFORCE co-founder Steve Wozniak’s dignified persona, while creating on his soon-to-be carbon-negative Polygon network to bring the platform’s environment to life. Maintains thoughtful reliability.

In a successful use of digital art, each NFT is 3D digital rendition All rendered in respectable high resolution, proud to be a serious collector’s digital wallet, and fully tradable on many high-quality NFT marketplaces.

EFFORCE calls out NFT technology to save the planet

how it all works

In a nutshell, EFFORCE has put together a way to track participation in energy saving projects using NFTs. Essentially, anyone willing to participate buys her 1 of her 2,500 NFTs per project, and buys that NFT and her WOZX, EEFORCE’s utility token. You can stake a certain number and get rewards.

Through this initiative, EFFORCE will use the funds raised to start energy saving projects for participating companies free of charge. The company then tracks the energy saved by each effort and redistributes 1% of the savings as a staking reward.

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Once staked, participants will start Earn long-term yield It is pegged to $1 USD of energy saved in the form of mWOZ tokens. However, if you want to liquidate your assets, you can choose to trade your positions on the secondary market.

roll the ball

For the first drop, EFFORCE lined up two projects. 5,000 NFTsOne is to reshape the cooling and air conditioning needs of the companies involved, and the other is to increase the energy efficiency of sewage treatment plants. The first is that he sells NFTs for $210 each and requires an additional $400 of WOZX for staking. The second works at slightly lower $190 and 380 $WOZX.

All in all, an interesting use of NFTs as a force for good with the potential to help heal the planet.

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