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The Merge happened in September 2022 and is considered as the biggest event after Bitcoin’s inception in the industry. It changed the perception of people and regulators altogether. Why? Whole blockchain was transitioned to its Beacon Chain, their proof-of-stake (PoS) blockchain, rendering it into a ‘greenchain.’ A latest project dubbed MOOKY has arrived on Ethereum with a vision to aid the environment.
Stage 7 of MOOKY Presale is Live
From heat waves in the Mediterranean region to floods and heavy rains in Asia, global warming has hit the world hard. Different campaigns are seeking ways to give Mother Earth its calm back to suppress the rage many nations are witnessing across the globe. MOOKY envisions planting trees while also bringing a community together to set-off the worldwide damage.
MOOKY’s native token, MOOK, is what powers the ecosystem, enabling rewards, governance and other perks to the holders. Their NFT collection allows holders accessibility to MOOKY ventures club. It comes with more benefits including exclusive airdrops, merchandise drops and more.
Stage 7 of presale for MOOK is currently live with 14.13 billion tokens still waiting to be acquired. Users can buy $193,798 tokens against a Tether (USDT). Additionally, the project has raised $662,682 at the time of writing. Apart from the mentioned stablecoin, people can acquire the project’s virtual currency against Ethereum too.
Project’s team is against biased activities and offers proper support to the users. They encourage people to simply ask anything related to the queries in official MOOKY channels only. Crypto sector is swarmed with malicious actors trying to fill their bags with investors’ hard earned money.
People are concerned with environmental issues associated with blockchain. However, this initiative is using the same technology to fight against the perils of climate change, global warming and more. This may set an example that the technology can aid the environment too.
Experts believe that proof-of-work (PoW) blockchains are causing harm to the environment. Crypto miners require heavy equipment including graphic processing units (GPUs), application-specific integrated circuit (ASIC), and more. Monero (XMR), Litecoin (LTC), Dogecoin (DOGE) and more are currently using the algorithm.
According to a Rocky Mountain Institute research, Bitcoin (BTC) uses 127 TWh of power annually. This magnitude of energy can power several countries including Norway. Moreover, crypto operations are estimatedly emit between 25 to 50 million tons of carbon-di-oxide every year, almost equal to greenhouse gas emissions from diesel fuel.
Only through collective efforts, we as humans can heal Mother Earth. MOOKY is a small initiative but the project says this is only a start. As soon as the desired objectives are met, they may extend their goals to richer heights. Currently, the project is on track to plant over 10,000 trees globally.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
