• Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Maintaining Women’s Health

    5 Essential Tips for Maintaining Women’s Health

    Free Time This Summer

    How to Utilize Your Free Time This Summer

    Myth of Hustling

    Fueling Growth: Breaking Free from the Myth of Hustling

    Personalising Your Wedding

    Personalising Your Wedding: Creative Ideas for Adding Unique Touches to Your Special Day

    Fixing Sewage Issues Sewage Cleaning & Sewer Drain Repair Explained

    What are Bagasse Plates, Tableware, and Cutlery?

    What are Bagasse Plates, Tableware, and Cutlery?

    Corner Sofa Design

    Modern Corner Sofa Design and Corner Shelf Ideas to Transform Any Living Room

    Fixing Sewage Issues Sewage Cleaning & Sewer Drain Repair Explained

    3 Reasons to Buy an Exercise Wheel for Your Kitty

    Substance Abuse Treatment Facilities in Texas

    Substance Abuse Treatment Facilities in Texas

  • Business
    Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers

    Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers

    Chemical Supply Business

    Exploring the Risks Associated with a Chemical Supply Business

    Private Money Lending

    Investing in Chicago Real Estate: Tips for Success

    Why Use an Employment and Staffing Agency for Your Job Search

    Digital Consulting Services

    How Digital Consulting Services Can Help Transform Your Business

    Salesforce Einstein

    Salesforce Einstein and CRM Integration: A Match Made in Heaven

    Maximizing Sales Success

    Maximizing Sales Success – Why A Company Needs a Power Dialer

    Ecommerce Website

    The Benefits of Backlinks for Your Ecommerce Website

    Professional Locksmith

    Benefits of Hiring a Professional Locksmith

  • Entertainment
    • All
    • Games
    where to find a helicopter in gta 5

    Where To Discover A Helicopter In GTA 5? Find out Locations Info Here!

    Fake Musically Crown

    Artificially Musically Crown – How To Get It?

    Robloxbux App

    Robloxbux App Review: Get Free Robux With No Verification!

    Home Malayalam Movie Cast

    Home Malayalam Movie Cast – Get Detailed Info Here!

    Thewatchcartoonsonline.tv

    Thewatchcartoonsonline.tv Review: Is It Legit or Scam?

    Thyme Blooket Hacks

    Thyme Blooket Hacks – Click To Know Complete Info!

  • Celebrity
    Bigg Boss Amir

    Big Boss Amir’s Spouse, Age, Family, Networth, and many More!

    Sridhar Sena Super Singer

    Sridhar Sena Super Vocalist Age, Family, Mother, Total assets, and More!

    rastaman real name

    Rastaman For President – Who Is He And What Is His Real Name?

    ariyoshi synthia real name

    Ariyoshi Synthia real name, Boyfriend, Income, Unknown Facts

    yiannimize net worth

    Yiannimize Net Worth, Age, Height, Income, Birthday,

    Sherry Dyson

    Sherry Dyson Age, Net Worth, Son, Profession and More!

    Raquel Capelton

    Raquel Capelton (Eddie Levert Wife) Age, Wikipedia, And More!

    Ammu Abhirami

    Ammu Abhirami Dob, Biography, Age, Movies, Father, And More!

    Shivani Rajasekhar

    Shivani Rajasekhar Age, Wiki, Movies, Husband, And More!

  • Digital Marketing
    • All
    • Social Media
    A variety of SEO courses are available in Lahore

    Leveraging Content for Link Building: How to Earn Quality Backlinks

    Instagram Promotions

    Why Instagram Promotions Should Be Part of Your Marketing Strategy

    Instagram Influencers for Maximum Audience Growth

    Instagram Influencers for Maximum Audience Growth

    Google’s Helpful Content

    Google’s Helpful Content Update 101

    Engage Website Visitors

    How to Engage Website Visitors

    8 Ways to Grow Your Social Media Audience

    8 Ways to Grow Your Social Media Audience

  • Technology
    Repair-Image

    Common Signs Your Game Console Needs Professional Repair

    Self-driving gharry Taipei

    The Future of Urban Taipei’s Self-Driving GharryTransport

    cell phone repair

    How To Choose The Best Phone Repair Store In Santa Barbara?

    TikTok Hot or Not Composite Images: Read to Know What It Is?

    TikTok Hot or Not Composite Images: Read to Know What It Is?

    The Perfect Honor 5G Phone for Streaming Video and Music

    Embedded Systems Courses In Mumbai

    Embedded Systems Courses In Mumbai: A Comparative Analysis

    Say Goodbye to Battery Problems

    Say Goodbye to Battery Problems – Visit Scarborough’s Mobile Phone Repair Shops

    Linux Hosting Plan

    Choosing the Right Linux Hosting Plan for Your Website in Malaysia

    kvr software

    Kvr Programming Materials – Download Free of charge

  • Travel
    Memphis' Amazing Live Music

    Memphis’ Amazing Live Music Scene and Venues

    road trip

    6 Road Trip Tips for the Best Vacation Ever

    Corporate Retreat Destinations

    10 Corporate Retreat Destinations in North America

    Explore Best NZ Getaways in 2023

    Explore Best NZ Getaways in 2023

    Turkish Visa

    What to Prepare When Applying for a Turkish Visa

    dubai

    How to Spend A Day at The Dubai Marina?

    Winters in the USA

    Winters in the USA: an essential Travel Guide

    Spa hotels in Europe

    The Top Spa Hotels To Consider for Your Next European Vacation

    Europe Cruises

    The Top Cruise Options To Consider This Summer in Europe

  • Crypto
    All The Highs And Lows That Bitcoin

    How to Navigate the ETH USDT and Bitcoin Exchange

    selling crypto in Australia

    How to Choose the Best Cryptocurrency Exchange for selling crypto in Australia?

    Where to Buy Cryptocurrency

    How Can Cryptocurrency Fraud Be Prevented?

    Mistakes to avoid before opening stock trading franchise

    Mistakes to avoid before opening stock trading franchise

    How to Avoid Scams in Forex Trading 

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    How to Avoid Scams in Forex Trading 

    How to Avoid Scams in Forex Trading 

    Trade KuCoin

    Why Should You Trade KuCoin?

    All The Highs And Lows That Bitcoin

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    Where to Buy Cryptocurrency

    Where to Buy Cryptocurrency – Insights for Enthusiasts

No Result
View All Result
Hub Blogging
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Maintaining Women’s Health

    5 Essential Tips for Maintaining Women’s Health

    Free Time This Summer

    How to Utilize Your Free Time This Summer

    Myth of Hustling

    Fueling Growth: Breaking Free from the Myth of Hustling

    Personalising Your Wedding

    Personalising Your Wedding: Creative Ideas for Adding Unique Touches to Your Special Day

    Fixing Sewage Issues Sewage Cleaning & Sewer Drain Repair Explained

    What are Bagasse Plates, Tableware, and Cutlery?

    What are Bagasse Plates, Tableware, and Cutlery?

    Corner Sofa Design

    Modern Corner Sofa Design and Corner Shelf Ideas to Transform Any Living Room

    Fixing Sewage Issues Sewage Cleaning & Sewer Drain Repair Explained

    3 Reasons to Buy an Exercise Wheel for Your Kitty

    Substance Abuse Treatment Facilities in Texas

    Substance Abuse Treatment Facilities in Texas

  • Business
    Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers

    Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers

    Chemical Supply Business

    Exploring the Risks Associated with a Chemical Supply Business

    Private Money Lending

    Investing in Chicago Real Estate: Tips for Success

    Why Use an Employment and Staffing Agency for Your Job Search

    Digital Consulting Services

    How Digital Consulting Services Can Help Transform Your Business

    Salesforce Einstein

    Salesforce Einstein and CRM Integration: A Match Made in Heaven

    Maximizing Sales Success

    Maximizing Sales Success – Why A Company Needs a Power Dialer

    Ecommerce Website

    The Benefits of Backlinks for Your Ecommerce Website

    Professional Locksmith

    Benefits of Hiring a Professional Locksmith

  • Entertainment
    • All
    • Games
    where to find a helicopter in gta 5

    Where To Discover A Helicopter In GTA 5? Find out Locations Info Here!

    Fake Musically Crown

    Artificially Musically Crown – How To Get It?

    Robloxbux App

    Robloxbux App Review: Get Free Robux With No Verification!

    Home Malayalam Movie Cast

    Home Malayalam Movie Cast – Get Detailed Info Here!

    Thewatchcartoonsonline.tv

    Thewatchcartoonsonline.tv Review: Is It Legit or Scam?

    Thyme Blooket Hacks

    Thyme Blooket Hacks – Click To Know Complete Info!

  • Celebrity
    Bigg Boss Amir

    Big Boss Amir’s Spouse, Age, Family, Networth, and many More!

    Sridhar Sena Super Singer

    Sridhar Sena Super Vocalist Age, Family, Mother, Total assets, and More!

    rastaman real name

    Rastaman For President – Who Is He And What Is His Real Name?

    ariyoshi synthia real name

    Ariyoshi Synthia real name, Boyfriend, Income, Unknown Facts

    yiannimize net worth

    Yiannimize Net Worth, Age, Height, Income, Birthday,

    Sherry Dyson

    Sherry Dyson Age, Net Worth, Son, Profession and More!

    Raquel Capelton

    Raquel Capelton (Eddie Levert Wife) Age, Wikipedia, And More!

    Ammu Abhirami

    Ammu Abhirami Dob, Biography, Age, Movies, Father, And More!

    Shivani Rajasekhar

    Shivani Rajasekhar Age, Wiki, Movies, Husband, And More!

  • Digital Marketing
    • All
    • Social Media
    A variety of SEO courses are available in Lahore

    Leveraging Content for Link Building: How to Earn Quality Backlinks

    Instagram Promotions

    Why Instagram Promotions Should Be Part of Your Marketing Strategy

    Instagram Influencers for Maximum Audience Growth

    Instagram Influencers for Maximum Audience Growth

    Google’s Helpful Content

    Google’s Helpful Content Update 101

    Engage Website Visitors

    How to Engage Website Visitors

    8 Ways to Grow Your Social Media Audience

    8 Ways to Grow Your Social Media Audience

  • Technology
    Repair-Image

    Common Signs Your Game Console Needs Professional Repair

    Self-driving gharry Taipei

    The Future of Urban Taipei’s Self-Driving GharryTransport

    cell phone repair

    How To Choose The Best Phone Repair Store In Santa Barbara?

    TikTok Hot or Not Composite Images: Read to Know What It Is?

    TikTok Hot or Not Composite Images: Read to Know What It Is?

    The Perfect Honor 5G Phone for Streaming Video and Music

    Embedded Systems Courses In Mumbai

    Embedded Systems Courses In Mumbai: A Comparative Analysis

    Say Goodbye to Battery Problems

    Say Goodbye to Battery Problems – Visit Scarborough’s Mobile Phone Repair Shops

    Linux Hosting Plan

    Choosing the Right Linux Hosting Plan for Your Website in Malaysia

    kvr software

    Kvr Programming Materials – Download Free of charge

  • Travel
    Memphis' Amazing Live Music

    Memphis’ Amazing Live Music Scene and Venues

    road trip

    6 Road Trip Tips for the Best Vacation Ever

    Corporate Retreat Destinations

    10 Corporate Retreat Destinations in North America

    Explore Best NZ Getaways in 2023

    Explore Best NZ Getaways in 2023

    Turkish Visa

    What to Prepare When Applying for a Turkish Visa

    dubai

    How to Spend A Day at The Dubai Marina?

    Winters in the USA

    Winters in the USA: an essential Travel Guide

    Spa hotels in Europe

    The Top Spa Hotels To Consider for Your Next European Vacation

    Europe Cruises

    The Top Cruise Options To Consider This Summer in Europe

  • Crypto
    All The Highs And Lows That Bitcoin

    How to Navigate the ETH USDT and Bitcoin Exchange

    selling crypto in Australia

    How to Choose the Best Cryptocurrency Exchange for selling crypto in Australia?

    Where to Buy Cryptocurrency

    How Can Cryptocurrency Fraud Be Prevented?

    Mistakes to avoid before opening stock trading franchise

    Mistakes to avoid before opening stock trading franchise

    How to Avoid Scams in Forex Trading 

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    How to Avoid Scams in Forex Trading 

    How to Avoid Scams in Forex Trading 

    Trade KuCoin

    Why Should You Trade KuCoin?

    All The Highs And Lows That Bitcoin

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    Where to Buy Cryptocurrency

    Where to Buy Cryptocurrency – Insights for Enthusiasts

No Result
View All Result
Hub Blogging
No Result
View All Result

GameFi, Carbon Offsets Integration Retract Blockchain’s Climate Stigma-Toucan COO

July 13, 2022
Blockchain’s Climate

Last Updated on July 13, 2022 by Hub Blogging

The rapidly evolving space has experienced stigma in some sections of the community for its impact on the ecosystem. But interestingly, Rob Schmitt, the chief operation officer (COO) at Toucan Protocol, believes that the new integration of carbon offsets into NFT gaming will reverse the negative perception about crypto.

For the past several years, blockchain technology and non-fungible token (NFTs) spaces have been facing the wrath of regulatory authorities, notable financial institutions such as (IMF and World Bank) and environmentalists over their impact on the environment.

GameFi, Carbon Offsets Integration Retract Blockchain’s Climate

According to app tracker DappRadar, gaming finance (GameFi), which merges NFTs and gaming, accounts for nearly $12 million in daily volume from over one million gamers. Schmitt believes that people will use these sales volumes to benefit the environment.

In a recent short interview, the top executive asserted that using carbon offsets as an element in blockchain games could create a far most planet-friendly system that “we’ve ever seen.” Schmitt envisioned a GameFi space that utilizes carbon offsets as in-game currency and urged game makers to start getting creative. “Games don’t have to have an entire economy based on offsets, but they should be embedded in a way that makes sense,” he said.

In the same context, Schmitt noted that there are already  game makers currently working with Toucan to bring carbon offsets in their work, such as Atlantis World, adding:

 “The narrative that ‘blockchain is killing the world’ is an argument we can turn around with carbon offsets.”

Toucan Protocol tokenizes certified carbon offsets on Polygon chain as Base Carbon Tonnes (BCT). The demand for a gaming company to go green started ramping up when game studio space Ape Games successfully went carbon green in 2019. Since then, notable gaming publishers such as SuperCell, Rovio, and Sybo have off settled their company carbon emissions.

On several occasions, many traditional gaming industries have repeatedly spread the perception that blockchain technology possesses a negative impact on the environment. In October 2021, major online gaming outlets prohibited any title linked with NFTs or cryptocurrencies. In February 2022, gaming platform Itch.io slammed the NFTs space, tweeting that “NFTs are a scam” that aren’t useful for anything other than “the destruction of the planet.”

The rapidly spreading negative perceptions generalize the entire blockchain, blemishing the awareness of the carbon emissions in association with different consensus mechanisms. Polygon chains, among other NFTs and gaming-focused chains that utilize the proof-of-stake (PoS) consensus mechanisms, are power effective and pose a limited impact on environments.

In April, the team behind Polygon announced that they aim to make the network carbon neutral before the end of this year. More blockchain networks supporting gaming and features carbon footprints include Wax, Solana, and BNB Chain. Ethereum expects to shift  into PoS in the coming months, with August being the most recent estimate for the highly anticipated merger.

Although ecosystem conservation is a lofty goal for all, Schmitt noted that “going green doesn’t have to be climate action. He stated that gamers don’t necessarily have to be aware that the games they enjoy may be carbon neutral, citing that it doesn’t require more action to have an impact. He added:

 “The vast majority of games won’t be related to climate action, but only a small portion of them are needed to do a lot of good.”

Before summarizing, Schmitt noted that climate activism doesn’t require the main focus for game developers, especially if they are already working on climate-friendly blockchain:

 “Developers should focus on making fun games first, and they may be able to attract new audiences with carbon offset integrations.”

Share122Tweet76Share31
Hub Blogging

Hub Blogging

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Related Posts

Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers
Business

Top 10 Real Estate Marketing Ideas to Bring in Qualified Buyers

November 9, 2023

In the fast-evolving business world, marketing is the lifeblood that drives visibility and sales. Regarding real estate marketing ideas, there has been a significant pivot from traditional mechanisms to digital strategies. This shift is not simply a change in...

Repair-Image
Technology

Common Signs Your Game Console Needs Professional Repair

October 24, 2023

Hey there, fellow gamers! We all know how frustrating it can be when our trusty game console suddenly decides to act up. Whether you're a die-hard Xbox enthusiast, a PlayStation aficionado, or a Nintendo devotee, your console is your...

Self-driving gharry Taipei
Technology

The Future of Urban Taipei’s Self-Driving GharryTransport

September 28, 2023

Taipei, the bustling capital of Taiwan, is always on the move. With its rich cultural tapestry, sprawling urban landscapes, and technological advancements, the city consistently stands at the forefront of innovation. One of the latest marvels to capture Taipei's...

cell phone repair
Technology

How To Choose The Best Phone Repair Store In Santa Barbara?

September 26, 2023

In this guide, we will discover the factors like expertise, reviews, warranty time, etc., that you must remember when choosing a phone repair store in Santa Barbara, ensuring that your loved device receives the care it needs. In the...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Hub Blogging

Hub Blogging

A Blogging Platfrom

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Categories

  • Business (147)
  • Celebrity (11)
  • Cryptocurrency (21)
  • Digital Marketing (30)
  • Education (29)
  • Entertainment (18)
  • Fashion (14)
  • Finance (2)
  • Food (6)
  • Games (13)
  • General (45)
  • Health (46)
  • Home Improvement (29)
  • Lifestyle (72)
  • Social Media (12)
  • Technology (103)
  • Travel (27)
  • Uncategorized (19)
  • Website Review (1)

Popular

  • News Phxfeeds Com

    News Phxfeeds Com: Find Valid Info Here!

    425 shares
    Share 170 Tweet 106
  • How to Register on Wpc2029 live? Read Details Here!

    323 shares
    Share 129 Tweet 81
  • What Is On-Premise Payroll Software?

    322 shares
    Share 129 Tweet 81
  • An Effective Practice for Choosing Guest Post Agency

    321 shares
    Share 128 Tweet 80
  • How Late Is The Closest Grocery Store Open? Read Here!

    319 shares
    Share 128 Tweet 80
  • Privacy Policy
  • Write For Us
  • About Us
  • Contact Us

© Hub Blogging Copyright 2023. All Rights Reserved.

No Result
View All Result
  • Lifestyle
  • Business
  • Entertainment
  • Celebrity
  • Digital Marketing
  • Technology
  • Travel
  • Crypto