As the first NFT company to join the Pact, Enjin will continue to reduce its environmental impact and promote equality.
The blockchain-based gaming company Enjin announced yesterday that it had become the first non-fungible token (NFT) company to join the UN Global Compact.
The United Nations Global Compact is a voluntary initiative to encourage businesses around the world to adopt sustainable and socially responsible policies and to report on their implementation.
Former Secretary-General Kofi Annan adopted the pact in the 2000s and the framework has now expanded to more than 170 countries and more than 13,000 companies.
The ten guiding principles of the Global Compact focus on human rights, labour, environment and anti-corruption issues. With a view to positive change for the environment and society, Enjin will use blockchain technology to try to solve these problems.
“We are excited to work with Enjin to explore how blockchain and NFTs can contribute to the achievement of the UN Sustainable Development Goals “, said Irakli Beridze, head of the center for AI and robotics at the United Nations Interregional Crime and Justice Research Institute.
Enjin is already tackling environmental issues, having already joined the Crypto Climate Accord and made its expansion solution Ethereum JumpNet carbon neutral with the aim of reducing the environmental impact of NFTs.
Beridze added : ” As we struggle to recover from the global pandemic and its impacts, we are experiencing exponential growth in technologies, such as AI and blockchain. More than ever, we must harness and harness the potential of these new technologies to ensure that we are better equipped and more united in the future, to make our planet a more livable and equitable place for all. »
The cryptocurrency project will also build on the UN’s Sustainable Development Goals (SDGs) to find more ways to protect the planet through NFTs, while aiming to unite stakeholders to tackle inequality and injustice and end extreme poverty. Technology already promotes equal opportunities, as access to NFT markets is not subject to authorisation.
Maxim Blagov, CEO of Enjin, explained :” By joining the UN Global Compact, we reaffirm our commitment to improving people’s lives through blockchain technology, and we will ensure that these efforts are sustainable, targeted and optimized, while holding ourselves accountable to the public along the way. »