Converting High-Pollution Cars to NFTs.
NFTCar's mission is to reduce air pollution in cities. 100% verifiable method for tracking and confirming reductions of carbon footprint.
100% Verifiable Carbon Reduction NFT.
According to World Health Organization (WHO)
Up To 80%
4.2 million
In cities, up to 80% of air pollution is caused by cars.
Air pollution is responsible for approximately 4.2 million deaths worldwide.
Try our Footprint Calculator.
It is crucial to decrease our carbon footprint for the preservation of the environment. Our carbon footprint calculator allows you to understand your carbon emissions (CO₂ ) and suggests ways to reduce that. The calculator calculates footprint from traveling. 1 air kilometer traveled emits per 90g CO₂ per passanger.
Additionally, it also includes NFTs. It converts the emissions from driving, traveling, or owning real estate (emissions which have been released to build your house/apartment/building) activities into NFTs, with 1 NFT equivalent to 1 tons of CO₂ emissions. NFTs are the most transparent method for verifying and tracking reductions of your carbon footprint.
Carbon reduction cost is skyrocket....
U.S. Global Climate Research Program (USGCRP) that is developing a 5th National Climate Assessment, regulations imposing a Social Cost of Carbon of $51 per ton and soon likely to be $190 per ton, according to the Drs. William Happer and Richard Lindzen, professors emeriti at Princeton University and Massachusetts Institute of Technology, respectively, have dedicated decades to studying and writing about the physics of Earth's atmosphere.
They have co-authored a comprehensive 46-page scientific paper, which provides an in-depth analysis of their research and findings in this field.
The current model by NFTCars demonstrates that the cost of carbon reduction is $80 per ton.
Mission: Digitalise ALL high-pollution cars.
Why?
NFTCar project is not for profit business with purposes to reduce and stop global carbon emissions. Air quality in many cities around the world is becoming increasingly poor, which has negative impacts on public health and the environment. In Dubai, the number of cars on the roads is expected to rise from 1.6 million in 2022 to over 2 million by 2033. Similarly, the global number of cars is expected to increase from 1.45 billion in 2023 to over 2 billion by 2033.
Join us in our mission to reduce carbon emissions and combat climate change by purchasing the world's first high-pollution cars backed NFTs. Our platform allows you to calculate your carbon footprint from driving a car to traveling and owning real estate. It determines how many NFTs you need to buy to offset your emissions. Together, we can make a difference and protect the planet for future generations.
Mardo Soo - CEO at NFTCar.io
We are in a Global emergency with air pollution - World Economic Forum
Dr. Arvind Kumar with over a 30-year of chest operating surgery experience:
There is a big change in the demography of lung cancer. From smoking, it's moving more and more towards air pollution. 30 years back, when I started my journey, i used to see pink normal lungs as we are born and black lungs only in smokers. Over the years, what i saw was that even non-smokers had more and more black deposits. My real turning point was 2010 when is saw black deposits on the lungs of even teenagers...
So it's a medical emergency on a global base and it needs to be tackled as an emergency.
In the late 1980s, more than 90% of lung cancer patients were smokers, typically men in the 50s or 60s. But one 2018 study found that 50% of lung cancer patients in North India are now non-smokers – and that more than 21% of patients were below the age of 50.
What are & How do NFTCar NFTs work?
The process of creating an NFTCar NFT starts by buying a high-emitting car, scrapping it, and then creating NFTs from it.
NFTCar NFTs provides a groundbreaking method for tracking and verifying carbon reduction. NFTCAR NFTs are unique as they are tied to a particular car through its Vehicle Identification Number (VIN), age, mileage, and fuel consumption. This data and carbon reduction is 100% verifiable.
How is NFTs carbon reduction calculate and 100% verifiable?
The calculation of CO₂ reduction for NFTs is performed by examining the car's age, mileage, and fuel consumption. This data is used to calculate the car's emissions over the next 10 years. The emissions reduction for each car is then calculated by dividing its estimated emissions by 1 ton of CO₂ per NFT. This calculation method ensures that our NFTs are highly verifiable, providing a clear and secure way to track and demonstrate a decrease in carbon emissions.
1
You buy & receive NFT in your wallet.
2
We receive money and buy a high-pollution car.
$
3
We remove cars from the government registry, scrapping it the way non-parts will be reused & create more NFTs.
Our work
Cars removed & turned into NFTs
1
5-year carbon emissions removed from Earth:
9280 liters of fuel
21.3 tons/CO₂
10-year carbon emissions removed from Earth:
18 560 liters of fuel
42.6 tons/CO₂
Why do we measure a removed car's emission in liters?
Because major of people understood how much is 1 liter of fuel. If we were to calculate emissions in tonnes of CO₂, then 99% of people don't understand it, and they can't relate. Our project is designed in a way that everybody can participate in reducing their footprint.
Impact
Reducing air pollution.
Reducing traffic jams.
Reduce carbon footprint.
Removing high carbon emissions cars from a society that otherwise would be around another 10 years.
The government of Dubai will get payments for the car seller's fines. Can't transfer ownership or scrape the cars before the fines are paid.
Documents & Certificates
Proof of Advertisement
Verifying the Proof of Advertisement in the NFT is crucial to avoid any suspicion of corrupt personal interests. Team or staff may pretend to buy high-pollution cars or manipulate car prices to profit from the sale. It’s possible to create NFTs from scrap cars that have already been decommissioned, therefore having no impact on reducing the high pollution levels in cities.
By verifying the Proof of Advertisement, it’s possible to clarify all those types of concerns.
Vehicle Possession Certificate
It means that cars will be removed from the government registry and all the fines have been paid.
It is essential to verify this certificate to ensure that the ownership of the car has been legally transferred, and the vehicle has been taken off the road to avoid any legal or environmental issues.
Vehicle Scrapping Certificate
The NFT is accompanied by a Vehicle Scrapping Certificate, which confirms that all components of the car have been disposed of.
Proof of Scrapping Video
It is essential to verify the car proof of scrapping video that comes with every NFT to ensure that all car parts have been properly disposed of, recycled, and no longer pose a threat to the environment.
