Leading African nature conservation organization collects funds for rhinos through the auction of horn-nfts-news

Black Rock Rhino, a leading rhinoceros area in South Africa, will collect funds for the endangered species by auctioning non -fungal token (NFTS) for rhinos horns.

auction proceeds to pay the expenditure of Sanctuary

The first thing to do is the rhinoceros area-in which over 200 rhinos live-together with a blockchain technology company Virtual Nation Builders Auction The non-fungal tokens on one of the largest NFT marketplaces in South Africa, Momint. According to a statement published by Black Rock Rhino, the proceeds from the auction on November 11 are used to pay part of the daily expenditure of the sanctuary.

"The net proceeds are used for securing the area, for feeding, for vaccines and for the other daily operating expenses of the nature reserves," says the explanation.

In addition to financing the daily expenditure of the nature reserve, it is expected that the proceeds from the sale of nature supporters will support the number of rhinoceros deaths in their ongoing efforts. As the statement by Black Rock Rhino shows, the meal population in state -managed national parks has dropped from 18,000 to 2,000 in the past decade.

Although this severe decline in rhino population is primarily attributed to the activities of poachers, some experts also assume that mutually killing rhinos are another main cause of deaths. In order to reduce such deaths, nashorn experts therefore advocate removing the sharp end of the horns to reduce deaths in conflicts.

trade ban for rhinos

Since the trade in the rhino horn worth around $ 25,000, however, conservationists from Black Rock Rhino believe that the digital and photo-realistic horn nfts will be more from the auction.

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