Earth Day 2022 | EQ Exchange Reveals NFTs with Positive Environmental Impacts.
EQ Exchange changes the way Web3 and our planet coexist.
EQ Exchange is currently working with powerhouse charities to make positive local and global impacts. With EQ Exchange, an artist’s creative output is now going to make a positive environmental difference, socially and physically, using Web3 technology. As collectors and lovers of music and art, our contribution to these creators now goes a lot further than just a monthly bill or subscription. Your money can now go into bettering the quality of life on our planet. EQ Exchange is the mutual financial system that gives consumers the gratification of knowing the right exchange was made. EQuality, EQuity, and EQuilibrium.
The mission at EQ Exchange is to put the power back into the hands of the creators regardless of race, culture, and color through music NFTs and smart contracts. Aligning our mission with theirs, here are a few of the charities our music NFTs benefit and benefit from. Although their missions are big, they come with many obstacles (scroll down for more):
- The Rainforest Foundation. Utilizing advanced technology to empower indigenous rights at a global scale.
- The Long Island Science Center is using their unique approach to make science and art, STEAM, accessible to local communities and international interests.
- The Butterfly Effect Project. Empowering young girls and their families by its holistic approaches and allowing our future women the confidence to voice what is best for themselves.
EQ Exchange uses “MEGs” (the Mutual Exchange of Gifts) to take the tokens in music NFTs a whole lot further. Global, actually, in a day and age that needs it.
EQ Exchange has already led the way for females, blacks and indigenous people of all color. EQ Exchange is the only Web3 tech company to be founded by a woman, Canadian entrepreneur, and amazing human being, Janice Taylor. EQ Exchange also made history by announcing a co-ownership with hip-hop/R&B legendary icon, singer, songwriter, and author, Ashanti, at this year’s SXSW tech, film, and music conference. Now EQ Exchange historically changes the way Web3 and our planet coexist.
“It all originated in black culture,” Janice says. “You gotta own the soil. And the soil for us is digital.”
EQ leads the way on proper use of blockchains and cryptocurrency that have been otherwise devastating to our planet. Bitcoin (BTC) and Ethereum (ETH) blockchains are known to use the environmentally damaging PoW (Proof of Work) to validate all crypto transactions. EQ Exchange not only uses the less damaging PoS (Power of Stake) to validate Web3 transactions, but the CELO blockchain EQ is built on goes a step further purchasing land to replant our forests and contribute to food security programs that feed children and the hungry in developing countries. This makes CELO the first carbon-negative blockchain. EQ is built on CELO soil, “It all originated in black culture,” Janice says. “You gotta own the soil. And the soil for us is digital. ‘They’ were like ‘come put all your wonderful talents here but you’re not going own the soil.’ I am not going to do that and be one of those people! When I met with Ashanti I said ‘Well, I’d love your NFT, I’d love for you to do that but you have to be an owner.’ There’s no other way I can do this.” A testament to Janice and EQ Exchange’s commitment to positive social change.
“What If Money Were Beautiful?”
With so many harmful blockchains, CELO poses one simple question, “What if money were beautiful?” This world can be intimidating. From warring countries to the dangers in our own streets; international and local affairs can be stressful. Allow EQ Exchange to leverage the economics. When purchasing and supporting your new or favorite artist through EQ Exchange’s music NFTs, a portion of the funds will automatically go to a charity of the artist’s choosing. Every purchase. Every time. Be proud to pay for your art and your music. We don’t have to wonder if funds are being allocated properly or maliciously. If the “proceeds earned” are going to a charity, it will be written right into the smart contract of the NFT visible for all to see. As transactions happen, charities benefit. This is how EQ Exchange is different from your average music NFT. MEGS, The Mutual Exchange of Gifts. Money can be beautiful. Art and innovation to truly better humanity. And now, like music, the love is reciprocated, the word is spread, and foundations benefit anywhere music is heard.
The Rainforest Foundation (RFUS) is a reforestation organization that, just like CELO and EQ, goes above and beyond to combat climate change and illegal deforestation for profit. In 1988, Sting and spouse, Trudie Styler, established the Rainforest Foundation. The RFUS puts human rights first as the pathway to preserve the planet with technology. Their unique angle is to work alongside the indigenous and have them claim, monitor, and protect the biodiversity of their lands. With 30 years of experience they have narrowed their approach for immediate, exponential results, “We are at an inflection point,” says Mr. Kim Chaix, RFUS’s director of Strategic Impact. “This is the decade in which we have to turn the tide on deforestation and forest protection.” RFUS has had to build and leverage the trust, the credibility, and the allies formed on the ground and on the global, political stage. In last year’s UN Climate Change Conference of the Parties (COP26) in Glasgow the RFUS released documentation showing that 80% of the world’s biodiversity is in lands managed and run by indigenous people. And in half of that land the indigenous people do not have legal rights to protect that land. “Over $200 million goes to global forest protection. Less than 1% goes to indigenous communities and front lines,” says Kim of RFUS’s current and future funding. “This is designed to turn that paradigm on its head.” And now with the help of EQ in the works with the RFUS, “That funding gets directly to the community.”
The Long Island Science Center (LISC) has literally brought the STEAM (Science, Technology, Engineering, Arts, and Mathematics) to STEM. The LISC concentrates on marginalized communities and their families to empower creativity and 21st century technology. Making tech and art accessible to everyone. Kids and parents, alike. Their philosophy merges young minds to understand what they already know, “Art, and the creative thinking process that you have to use to be an artist, is actually very similar to what you need to be a great scientist and engineer or somebody who works in the tech business,” says Cailin Kaller, executive director of the LISC. “They are the same type of thinking. They can be developed together.” Offering diverse integral development services, the LISC offers homelessness outreach initiatives, “Teach the Teacher” and “The Physics of Toys” programs, online classes, summer camps, and even projects in Canada… and expanding. The LISC recently announced an impressive expansion plan in Riverhead converting empty stores to classrooms, a Hall of Technology and Invention, a recording studio, and an impressive rooftop bio-gardens, planetarium and event space. The LISC truly believes that STEAM is for everyone.
The Butterfly Effect Project (BEP), like many other programs, is a family program inclusive to all ages. But it is the girls who are the membership card. Unlike most programs, “we have more of a holistic approach. It’s different because instead of someone coming and telling people what they need, our curriculum is built by the girls,” says Tijuana Fulford, founder and executive director. “We offer things they care about and not things we think they care about. To me that’s a big thing,” A big thing indeed for girls in a male-centric, male dominated area. Holding true to their mission, BEP has been creating safe spaces for girls to dream and succeed. This unique approach provides support that looks at the whole person, mental and physical health, as well as emotional, social, and the spiritual well being of BEP girls. BEP stays consistent in forming a safe space for all girls by building a safe space (regardless of where they are from), holding courageous conversations, and teaches accountability. Opening opportunities otherwise unavailable, BEP girls are BEP girls for life.
The brilliant minds at the Long Island Science Center and that of the Butterfly Effect Project have built their soil at Riverhead, Long Island. Both foundations act as a gateway to the affluent Hamptons location and serve as a hotspot for summer travelers. Juxtaposed, they also sit between two of the most economically distressed communities in Suffolk county. Both the BEP and the LISC address the interest in STEM that begins to decline as early as the 4th grade in these areas. EQ Exchange’s newly acquired co-owner, Ashanti, is also a Glen Cove, Long Island native.
Whether the parents don’t have the opportunity nor the understanding, whether the schools need better books, better PCs (some parts of Long Island have been known to have classes in closets, or even problems given the current Covid pandemic, none of these proud foundation’s efforts would continue without the proper funding. The Rainforest Foundation is making rainforest protection one of the most effective solutions to climate change. The Long Island Science Center has already enriched the lives of over 325,000 students and counting. The Butterfly Effect Project started eight years ago with eight girls and now has over 500. To make any of the above possible it starts with support!