bloXmove partners with NRverse for a greener Metaverse
bloXmove’s NFTicket solution to power NRverse Renewable Energy Certificates
As new technological frontiers are explored and new facets of everyday life emerge, bloXmove has made it its mission to identify like-minded partners that help build decentralized technology solutions in a sustainable way.
Among the most relevant topics is: how can we track, trace, and reduce our carbon footprints — in the universe… and soon in the metaverse. bloXmove is combining this trend with mobility and the (digital) destinations that we aim to arrive at. For that purpose, we bring our strengths together in a strategic and technical partnership with NRverse.
NFTicket for Renewable Energy Certificates (REC)
The potential of the metaverse is estimated at up to $5 trillion in future market size. It presents many opportunities to create value and is inspiring new boundaries of human interaction and enabling new alliances between companies. From mega tech corps such as Facebook changing its entire identity to “Meta” to classic automakers like Mercedes, sports and fashion brands Nike, Gucci & L’oreal offering NFT-infused web3 events, we are witnessing the very early stages of the take-off of this multi-trillion dollar space..
NRverse and bloXmove have come together to chart a wholly green and completely accountable path for companies to offer their products and services in a smart metaverse.
bloxmove acts as an enabler providing NRverse with the core platform by renewable energy certificates are converted to NFTs on the Polygon blockchain.
This helps NRverse in building and marketing their product portfolio to customers ranging from green metaverse events, zero-emission tickets for physical events, and many more.
The bloXmove NFTicket protocol, we provide to NRVerse is based on a highly versatile protocol in which NFTs can be issued, redeemed and paid for as tickets; thus NFTicket.
NRVerse converts Renewable Energy Certificates (RECs) into NFTickets, which can then be traded and transferred on Polygon.
NFTicket can be used to mint tailormade tickets which are linked to:
- Flexible mobility budgets and tickets.
- Access rights to participate in the event, and
- Proof that green energy is used to run the event (REC).
All are based on bloXmove’s NFTicket and NFTCert framework
At bloXmove, we’ve always expressed our desire to expand our ticketing and settlement solutions to other branches related to the mobility sector, such as the booking of hotels or (digital) events. Our work with NRverse is a perfect fit for our first steps in this direction.
The teams at bloXmove and NRverse are thrilled sustainability is gaining more traction in the decentralized technology space. Together — we contribute to that and make the metaverse greener.
With that promise, both teams will mainly target companies that plan to step into the metaverse and NFT market — from fashion, make-up, digital art, concerts and other event organisations. NFTicket offers the prtocol to mint certified ‘green NFticket’ to be used in the metaverse, or any other event destination — door to door.
NRverse, founded by Loic Tilman and Kai Schmied, is a sustainability-focused company, providing metaverse decentralized applications, event organizers, and projects with easily verifiable green energy. Decarbonizing the metaverse is the company’s value proposition.
Taking advantage of the powerful mix of AI, VR, and blockchain that powers the metaverse, NRverse is working on a proactive green approach rather than a corrective one. Instead of working on capturing the aftermath of indiscriminate fossil fuel use to power decentralized apps, NRverse provides easily accessible and transparent green alternatives to projects at the local level. It achieves this by the real-time calculation of the energy demand of dApps (decentralized apps) and the provision of immutable blockchain-encoded proof that every Kilowatt-hour of electricity is covered by carbon-free renewable electricity. NRverse recently collected its pre-seed money from investors like the Blockchain Founders Group.