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Costa Rica launches 12 coffee-themed NFT to promote coffee research and protection

Published: 2024-02-21 Author:
Last Updated: 2024/02/21, Recently, the Costa Rican boutique Coffee Association (SCACR), the Center for Tropical Agricultural Research and higher Education (CATIE) and the NFT marketing company BIOCENFT have jointly launched 12 coffee-themed NFT works of art, including "Geisha".

Recently, the Costa Rican Fine Coffee Association (SCACR), the Center for Tropical Agricultural Research and higher Education (CATIE) and NFT marketing company BIOCENFT have jointly launched 12 coffee-themed NFT artworks, including "Geisha", "Wush-Wush", "Mibirizi" and "Java".

It is reported that the full name of NFT is "Non-Fungible Token". In essence, it is a credible mathematical certificate of rights and interests such as uniqueness in the blockchain network, which can be said to be a certificate of authority for virtual or logistics assets. NFT is uniquely non-renewable and cannot be tracked or traded. The coffee-themed NFT artworks are divided into "Gold Edition", "Silver Edition" and "Standard Edition". The works are inspired by 12 coffee varieties studied and protected by CATIED, with prices ranging from $20 to $12000.

The funds raised from the event will be used to support CATIE's international coffee collection, SCACR said. According to the Global Coffee genetic Resources Conservation Strategy, CATIE's International Coffee Variety Collection Center is one of the four largest collection centers that preserve the most extensive genetic diversity of coffee varieties in the world. Therefore, the funds for the sale of NFT will also be used to support CATIE's coffee breeding and the operation of SCACR.

SCACR Executive Director Noelia Villalobos (Noelia Villalobos) said that through this event, coffee lovers and NFT lovers can contribute to the protection of coffee species, and SCACR will continue to spread coffee knowledge and promote coffee culture. BIOCENFT CEO Walter Aguilar (Walter Aguilar) said: "BIOCENFT is committed to protecting biodiversity and actively provides opportunities for relevant organizations and projects to raise funds."

SCACR hopes to use the money to improve the international status of Costa Rican coffee. SCACR's goal has always been to promote Costa Rican specialty coffee and identify markets of interest. SCACR also focuses on the research, maintenance and improvement of coffee varieties.

In recent years, Costa Rica's coffee production has been affected by significant reductions in coffee production in recent years due to climate change, disease and other factors, resulting in weak exports. SCACR hopes to take this opportunity to reverse the current situation.

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