Sovereign Nature Initiative Launches DOTphin at Decoded 2024, Revolutionizing NFTs

• The Sovereign Nature Initiative (SNI) partners with Unique Network and WalletConnect on Polkadot.
• Polkadot boasts a low carbon footprint and attracts environmentally conscious users and investors.

The Sovereign Nature Initiative (SNI) has entered into a strategic partnership with Unique Network and WalletConnect on Polkadot. Their collaboration introduces DOTphin, an eco-friendly multi-pass that supports biodiversity restoration. This innovative solution will be officially launched at Polkadot Decoded 2024.

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According to a recent tweet, DOTphin strives to provide environmental sustainability by adopting the use of Non-Fungible Tokens (NFTs). These tokens incentivize user interaction and have a real positive impact on the environment. DOTphin features events that promote user engagement and activity, in sync with the development and sustainability of the digital realm. The DOTphin pass comes equipped with an avatar that is an NFT and matures through physical and digital happenings.

Additionally, Polkadot OpenGov was used to support the community in approving DOTphin. Polkadot Decoded 2024 will be held on July 11, and participants will receive eco-badges for the first phase of DOTphin. These eco-badges will later be used to unlock limited DOTphin NFTs. Additionally, EthCC ticket holders will receive a free Decoded ticket and the first POAP for a journey that supports marine life protection.

Aligning with Polkadot’s Green Blockchain

DOTphin has the added advantage of being positioned on Polkadot, which is a green blockchain. Polkadot is environmentally friendly and therefore ideal for green users and investors. DOTphin emphasizes that Polkadot has the potential to create positive environmental impacts while also expanding the use of blockchain technology. The growth of each DOTphin token is linked to the level of user interaction, combining the principles of Web 3.0 with environmental protection.

Polkadot remains one of the most versatile ecosystems out there as it continues to prove its versatility. Recently, Nabatech, a Central Bank Digital Currency (CBDC) company, chose Polkadot’s Substrate framework for its digital asset platform. The reasons for choosing Polkadot Substrate include security, coding language, runtime, Sybil resistance, organizational process enactment, governance, and interoperability.

Polkadot also expects major improvements with the Joint Accumulation Machine (JAM). JAM aims to improve the networks’ capabilities and performance, and in doing so, strengthen Polkadot’s presence in the blockchain space.

Polkadot Expands Influence with New Partnerships in Education and Web3

In other news, Polkadot has signed significant partnership agreements with the University of Buenos Aires (UBA) and Archisinal, a real-time Web3 data platform. These partnerships aim to advance the use of blockchain technology and create cutting-edge learning environments.

The University of Buenos Aires has now begun to investigate the possibilities of using blockchain thanks to its partnership with the Polkadot Foundation. The UBA Artificial Intelligence Laboratory (IALAB) will receive a learning environment from the foundation. This partnership, which was signed in 2023, is to further enhance the creation of a new blockchain solution to the university.

At the time of writing, Polkadot is trading at $6.24, marking a 3% increase in the last 24 hours. DOT boasts a market cap of $8.92 billion and a 24-hour trading volume of $135.3 million. DOT’s price has ranged from $6.04 to $6.20, opening at $6.10 and gaining $0.10. Its all-time high remains $56.21.

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