How can Web3 lower the personal carbon footprint by creating financially attractive, cheaper systems aligned with social utilities to encourage more consumers to have a positive carbon impact?
Nihar Neelakanti talks with host Julian Guderley on this podcast episode about Eco-Sapiens, a carbon removal start up designed to build a better world. Nihar and co-founder Garrett Kane received funding to develop a strategy to create the world’s first carbon-backed NFT to make it easier for anyone to have impact on the planet. Nihar speaks about the plan for the NFT, how it will be priced and the incentives tied to it to give each buyer the ability to move the needle on CO2 removal.
Prior to co-founding Eco-Sapiens, Nihar was Head of Investment for Menlo Ventures across consumer, fintech and climate sectors. Menlo Ventures provides capital for seed through growth technology companies in the consumer and enterprise sectors. Notable research areas of investment include Mobile (Siri, Uber, TeleNav), Enterprise Storage (3PAR, Spinnaker Networks, Coraid), Communications (Acme Packet, Cavium Networks), and Consumer (Fab, Tumblr, Carbonite, Roku). Nihar’s previous work has been working for investment houses. Ecosapiens will launch with an exclusive carbon-backed NFT limited to just 250 Ecosapien avatars in December 2022.