CATPC buys 50 hectares with Balot NFT
25 November 2022
Image: Overview of 50 Balot NFT sales that go towards the development of the Post-Plantation
CATPC has publicly called back the powers of the Balot sculpture by minting it as an NFT. On June 14 at Art Basel, the first batch in a collection of 306 individual Balot NFTs went on the market. Each purchase unleashes the powers of the sculpture and makes it work for the community: with 50 NFTs already sold, CATPC can buy back 50 hectares of land for their Post-Plantation, replanting the forest and reintroducing biodiversity in one of most impoverished areas of the world, resulting in offsetting carbon emissions and providing autonomy and food security for plantation workers.
For more info, visit balot.org