Tezos NFTs and art are taking center stage in this movement, showcasing how blockchain technology can be used for good. From AI artists like Refik Anadol leveraging Tezos for peer-to-peer transactions to the Ribela Love Nature event featuring over 100 artworks and NFTs, the impact is undeniable.
Plastic Free July began in Australia in 2011, shedding light on the global plastic waste crisis. It has since catalyzed significant change, leading to the world's first Plastic Treaty supported by 175 nations. This initiative aims to create a world free of plastic waste, a vision detailed in the “2023 Impact Report.” The efforts of the Plastic Free Foundation are vital in addressing the harmful effects of plastic pollution on our planet.
Alongside the sustainability focus of Plastic Free July, Tezos X vision has introduced Jstz, a smart rollup powered by JavaScript, to scale up the Tezos ecosystem. This development aims to make Tezos more interoperable and user-friendly, supporting a wide range of applications and initiatives. Scaling blockchain utility is essential for widespread adoption, and initiatives like Jstz are paving the way for a more inclusive digital future.
In a related development, NFT tax reporting regulations have been finalized, requiring digital asset brokers to report transactions on centralized exchanges and hosted wallet providers. These regulations aim to bring transparency to NFT transactions and digital asset reporting, closing the crypto tax gap and legitimizing digital assets in the eyes of the IRS. Artists and platforms alike now have clearer guidelines for tax compliance, ensuring a more transparent and accountable ecosystem.
As we navigate the evolving landscape of blockchain technology and sustainability, let's continue to support initiatives like Plastic Free July and embrace the positive impact of Tezos NFTs and art. Together, we can drive meaningful change and create a more sustainable future for all. Don't forget, a little tip goes a long way in showing appreciation for valuable content! #tezosart #tezos #plasticfreejuly