Partnership Spotlight: Energy Web
SAVAGE is thrilled to announce its partnership with the Energy Web blockchain ecosystem. Energy Web’s mission is to accelerate decarbonization of the global economy using their open-source, scalable blockchain platform called Energy Web Chain, the world’s first enterprise-grade blockchain platform designed for the energy sector’s regulatory, operational, and market needs.
Energy Web deploys digital operating systems for energy grids with their global community of more than 100 energy market participants including utilities, grid operators, renewable energy developers, and others. These systems make it simple, secure, and efficient for clean energy assets to support the power grid of the future.
As part of our partnership with Energy Web Token, A portion of each SAVAGE sale goes to purchase verified carbon offsets in collaboration with Energy Web Token’s database.
At SAVAGE, promoting a carbon-neutral marketplace and a platform that encourages fair and equal content monetization are the pillars of our brand. SAVAGE is proud to be the world’s first carbon-neutral NFT marketplace in an industry where environmental concerns surrounding current NFT marketplaces abound.
By partnering with Energy Web Token and by building on Polygon’s proof of stake protocol, we’ll further our efforts to provide an environmentally friendly marketplace for creators of every skill level.
Most of the popular NFT platforms operate on blockchains that use Proof of Work (PoW) consensus mechanisms and because of that, the energy consumption coming from them has exploded. Minting a single NFT typically requires the same amount of energy used to power a laptop continuously for three years.
In contrast, true to our mission, SAVAGE requires only 0.002% of the energy compared to a PoW marketplace. Compared to other NFT marketplaces like OpenSea, SAVAGE will consume far less energy, be carbon-neutral, with a long-term goal to become carbon negative by 2024!
Thank you to Energy Web for the support in helping SAVAGE further our vision.
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