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Carbon-Backed NFT Collection Ecosapiens Raises $3.5M

Non-fungible token (NFT) project Ecosapiens has raised $3.5 million in seed funding towards its mission to make blockchain collectibles more environmentally conscious.

The round was led by Web3 fund Collab + Currency, with participation from investors like founder of digital fashion company 9dcc gmoney, vice president and head of corporate development at Coinbase Ventures Shan Aggrawal, former chief operating officer of Moonbirds Ryan Carson and others.

The nature-inspired avatars act as a vehicle for collectors to offset carbon emissions. Each Ecosapien owner can also purchase additional carbon credits to evolve their NFT and gain rarity traits.

(by Cam Thompson)

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