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Saturday, June 14, 2025

Beyond bored apes: Blockchain polarizes wildlife conservation community - Mongabay.com

Blockchain technology’s various applications, such as NFTs and smart contracts, are being explored for use in wildlife conservation.
The technology’s potential might be immense, but downsides such as a massive carbon footprint and the imposition of Western technology to dictate resource management in the Global South raise logistical and ethical questions.
Most proponents and critics agree on one thing: The technology is still in the early stages for its applications to be fully understood and implemented on the ground.
How do you raise funds for wildlife conservation in the most 21st century of ways? Non-fungible tokens, or NFTs.
In the northeastern forests of South Africa, Wild Funds Tomorrow, a U.S.-based nonprofit, has done just that. Since 2017, the organization has been trying to raise funds to purchase land, remove fencing and clear vegetation to connect two protected areas — the MunYaWana Conservancy and the iSimangaliso Wetland Park — to allow species such as elephants,...



Read Full Story: https://news.mongabay.com/2022/07/beyond-bored-apes-blockchain-polarizes-wild...

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