Join our Waitlist for Expert Advice!

Entrepreneurs Are Leveraging the NFT World In the Name Of Polar Bears Arctic Bearz has created a one of its kind NFT project with 3,500 unique pieces of artwork aimed at grabbing the limelight once it launches officially

By Srivatsa KR

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Handout

Many buzzes have been created of late around the NFT space as projects associated with saving endangered species like polar bears are doing the rounds.

There have been quite a few sectors that have shown phenomenal growth in the past few years, NFT's (non-fungible tokens) being the foremost. With the fast-growing development and innovations that this industry has shown, there's no wonder many have embraced this sphere to catapult themselves to the next level of success. Numerous NFT projects have shone brightly in recent times, but one specific one drew our attention as it looked distinctive from most floating around the Metaverse.

Created by a man named Zak, it is called 'Arctic Bearz.' When asked about where does he feel this project would take him in the future, Zak said that he is confident that his 'Arctic Bearz' will continue to make history in coming times as his team has created a one of its kind NFT project with 3,500 unique pieces of artwork aimed at grabbing the limelight once it launches officially.

The project primarily focuses on saving the polar bears, which are an endangered species and pose a threat from the climatic changes taking place at a fast pace. It aims at diverting a part of its sales proceeds towards charities working towards the welfare of these beasts. Currently, using the IMX NFT's, which is an open sea alternative slated to integrate into it at a later stage. The pre-sale will commence shortly with a total of 3,500 arctic bearz ready for minting. There's already a lot of buzz around the project as the entire collection looks distinct, and talks are on about its noble cause, which aims at saving polar bears.

Furthermore, one of the biggest draws about this project is its integration with ImmutableX marketplace, a platform designed on the Ethereum blockchain, a first layer 2 for NFT's, has zero gas fees, and is carbon neutral.

There have been several NFT projects in the past and at present, but none have been able to create the kind of buzz 'Arctic Bearz' has made, and its team is also confident that this one would take over the sector big time and reach pinnacles of success within no time of its launch. Moreover, it has shown extreme promise by standing up for a cause and doing a bit for the environment, which has been noticed by the entire NFT and Defi world.

A portion of their profits will go to the WWF, which has been doing exceptional work in the area of animal welfare for decades. There are also plans to adopt polar bears for the community, with each member given adoption packs every week. They would also create an entire ecosystem of male, female, and baby bears, made via breeding. A few lucky winners and early adopters will be rewarded with free female bears with $50,000 distributed among the supporters, creating a carbon-neutral merchandise store and a lot more which will be revealed in due course of time.

Note: Investment in cryptocurrency is subject to risk and readers should do their own due diligence. Entrepreneur Media does not endorse any such investment.

Srivatsa KR

Start-up enthusiast & Blogger

Leadership

Her Company Makes an Iconic 75-Year-Old Candy Popular for Halloween. Ignoring This 'Bad' Leadership Advice She Received Helps Drive Its Success.

Liz Dee, co-president of New Jersey-based candy company Smarties, shares some important lessons in leadership.

Business News

JPMorgan Is Suing Customers Over 'Infinite Money Glitch' TikTok Trend

There are some TikTok trends you might want to sit out.

Operations & Logistics

The Port Strike Ended — Now What? Here's How Small Businesses Can Prepare for Future Disruptions.

The shutdown lasted only three days, and the ILA and the U.S. Maritime Alliance extended their contracts until January 15, 2025 — but if they can't reach an agreement in the new year, the dockworkers could go on strike again.