Through working with Nori, The Sandboxwill be responsible for a number of Nori Carbon Removal Tonnes (NRTs), each NRT representing a tonne of CO2 removed from the atmosphere and stored in a terrestrial reserve. Nori coordinates the creation and administration of carbon removal projects, starting with regenerative agriculture projects that store carbon in the soil thanks to the large co-benefits including water retention and improvements to soil health and quality. This commitment to addressing the environmental impact has led The Sandbox to partner with Nori, who was part of the 2019s Techstars Sustainability program. That represents a lot of energy consumed.īy contrast, Polygon’s validators consume approximately 0.00079TWh of electricity yearly with an approximate continuous draw of 0.00009GW. To scale this 1 GW could realistically power 300,000 homes, light up 110 million LEDs, or power Doc Brown’s Delorean to travel back to the future with 1,21 GW. Let’s take a look at where Polygon - with its Proof of Stake (PoS) consensus mechanism - ranks in terms of its ecological footprint.Īs per estimates, the biggest Proof of Work (PoW) blockchains can consume a yearly quota of anywhere between 35–140 TWh of electricity, with a continuous draw of anywhere between 3–15 gigawatts (GW) of electricity. As environment friendliness for NFT applications has always held a particularly important place for us, the decision to move to a layer 2 solution, such as Polygon’s, became evident. The Sandbox is and has always been about striving to provide the best experience for users interacting with our platform. “As a pioneer in the blockchain gaming space, we’re taking steps to mitigate energy usage by up to 99% now, and will continue to look for additional technical solutions.” “ The Sandbox is committed to building a vibrant and environmentally friendly ecosystem while fully supporting secure ownership for players and creators, creating new jobs, and offering economic opportunities,” said Sebastien Borget, COO and Co-Founder of The Sandbox. To support the artists from the Artist Fund, NFT drop events will continue while waiting for the new environmentally-friendly technology to come online. The Sandbox has pledged to reduce the number of minted NFT copies while improving the technical functionality of the Marketplace. In the meantime, The Sandbox has recently launched the beta for its Marketplace, allowing artists from the Artist Fund to monetize their NFTs. The Sandbox will engage with additional nature protection foundations in its ongoing efforts to make a real impact in the physical world. Tree Growing: The Sandbox has renewed its partnership collaboration with WeForest, a forest restoration charity it previously partnered with in 2014 to plant nearly 9,000 Mangrove trees in Madagascar, and committed that for every hectare users buy of virtual LANDS in The Sandbox, 1% of proceeds goes to WeForest to protect and restore forests in Ethiopia, Zambia and Brazil.You can visit The Sandbox’s profile page to view the impact and proof of certification. In addition, The Sandbox also purchased 200 tonnes of nature-based CO2 offsets from Offsetra. Check Nori Sandbox Certificate of Carbon Removal. The Sandbox has already calculated its carbon footprint associated with NFTs for 2021 to be equivalent to 350 tonnes of CO2 and acquired Carbon Credits.
Carbon Removal Offset: The Sandbox has begun acquiring carbon credits for reversing emissions with carbon removals via blockchain-based platforms, such as Nori and Offsetra, providing transparency on the compensation.
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