Sale of animal-linked NFTs raises conservation funds for South African reserve
February 4, 2022
9:36 AM EST
Last Updated 4 hours ago
By Emma Rumney
JOHANNESBURG, Feb 4 (Reuters) - Tlalamba, a four-year-old leopard, has achieved much in her short life. She's queen of her mother's old territory, borne two cubs and, so far, is the most sought-after animal on her reserve among buyers of a new project selling non-fungible tokens (NFTs) to raise money for conservation.
NFTs are a form of crypto asset which exploded in popularity last year. All kinds of digital objects - from art to videos and even tweets - can be bought and sold as NFTs, which use unique digital signatures to ensure they are one-of-a-kind.
Now, WildEarth, a wildlife streaming service, is minting NFTs linked to 25 prominent animals like Tlalamba on the Djuma Game Reserve in South Africa.
Reporting by Emma Rumney, Editing by William Maclean
https://www.reuters.com/technology/sale-animal-linked-nfts-raises-conservation-funds-south-african-reserve-2022-02-04/