Dunamu Issues First Climate Change Bioindicator NFT... Distributes 4,100 Units

Dunamu, the operator of the virtual asset exchange Upbit, announced on the 24th that the first distribution of climate change bioindicator non-fungible tokens (NFTs), issued in collaboration with four institutions under the Ministry of Environment, was successfully completed.

According to Dunamu, a total of 4,100 NFTs were distributed, and about 73,000 people visited the campaign space set up within the metaverse platform SecondBlock. In May, Dunamu and the four institutions under the Ministry of Environment announced that as part of the 'Resource Circulation Climate Action Practice Campaign,' they would issue and distribute NFTs of 15 species of climate change bioindicators over four phases throughout one year.

Climate change bioindicators are species whose seasonal activities, distribution ranges, and population sizes have changed significantly due to climate change, requiring continuous monitoring and management. By creating NFTs of these species, the campaign aimed to raise awareness about the importance of protecting habitats of flora and fauna threatened by the climate crisis and biodiversity.

The first issuance of climate change bioindicator NFTs was conducted in cooperation with the National Honam Biodiversity Institute from May 19 to August 11 this year. During the first issuance period, a total of 4,100 NFTs were issued for species whose habitats are changing due to climate change, including the Dongbaksae (Brown-eared Bulbul), Dongbaeknamu (Camellia), and Dokkaebi Soegobi (Korean Dwarf Cherry). The Recycling in SecondBlock space within Dunamu’s metaverse platform SecondBlock recorded a cumulative visitor count of approximately 73,000.

Participants in the campaign responded positively to the fact that anyone can practice climate action without constraints of time and space by utilizing new technologies such as the metaverse and NFTs. In particular, the popularity was attributed to the ease of understanding the resource circulation process through missions within the metaverse and the ability to experience the seriousness of the climate crisis while collecting related NFTs. The collaboration between the private and public sectors was also praised as an innovative model linking online activities to offline efforts to respond to climate change.

The second NFT issuance, in collaboration with the National Nakdonggang Biodiversity Institute, will continue until October 2. It includes four species threatened by habitat loss due to climate change: the Cheonggaeguri (Green Frog), Jaebi (Swallow), Soebaekro (Little Egret), and Geumgangmochi (Korean Endemic Fish). Additionally, artists such as Spring Shine, an artist with developmental disabilities, Jjauk, a creator, Jin Gwan-woo, who paints endangered species in Hangul, and members of the Korean Botanical Illustration Association will participate.

To receive the climate change bioindicator NFTs, users must enter the Recycling in SecondBlock space within Dunamu’s metaverse platform SecondBlock, complete the resource collection stamp mission, and then register the issued NFT gift code on Upbit NFT.

Lee Seok-woo, CEO of Dunamu, said, "After considering ways to contribute to the environment and society using Dunamu’s technology and resources, many people showed interest in online and offline climate actions," adding, "We ask for continued participation and support for the remaining issuance of climate change bioindicator NFTs to protect a sustainable environment and biodiversity."

This content was produced with the assistance of AI translation services.