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Australia Zoo To Launch 2nd Sustainable NFT Drop On Algorand

Twitter icon  •  Published 3 years ago on August 19, 2022  •  Hassan Maishera

The Algorand Foundation announced via a blog post on Thursday that Australia Zoo has collaborated with Meadow Labs to create a unique Australian wildlife-themed NFT collection leveraging Algorand’s carbon-negative blockchain technology.

Australia Zoo To Launch 2nd Sustainable NFT Drop On Algorand

The Algorand Foundation announced via a blog post on Thursday that Australia Zoo has collaborated with Meadow Labs to create a unique Australian wildlife-themed NFT collection leveraging Algorand’s carbon-negative blockchain technology.

The Foundation added that 100 percent of primary proceeds would go towards a range of different Australia Zoo and Wildlife Warriors conservation projects, initiatives and goals. 

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products.” As such, Algorand ensures "full participation, protection and speed within a truly decentralized network." ALGO is trading at $0.3207 at press time, down by more than 6% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.