HT Bureau
GUWAHATI, April 22: Aqar Land, a Virtual Land Metaverse with an NFT Marketplace, part of Aqar Chain the pioneer in Fractionalising NFT of real-world real estate assets, is working to bridge the physical environment with the metaverse to help reforestation and restoration of lands by planting trees in a Digital Forest.
For Earth Day, Aqar Chain is partnering with Jadav Payeng, better known as the forest man of India, who spent his entire life single-handedly erecting a forest, the Molai Forest in India. The Forest now houses Bengal tigers, Indian rhinoceros, and over 100 deer and rabbits, monkeys, and a variety of birds as well as several thousand trees including Bamboo trees which cover over 300 hectares. By bridging AqarLand Metaverse with Jadav’s efforts in Molai Forest, Aqar Chain hopes to use its commitment to technology and the environment to help make the world a better place to live, whether one visits it virtually or physically.
Waqas Nakhwa, founder and CEO of Aqar Chain states, “We are integrating our core business model principles at Aqarchain with real-world and digital forests. While in Aqarchain whenever you buy a real-life property using fractional NFTs, you get a virtual property in AqarLand, whenever you plant a tree in the Digital Forest in AqarLand a real tree gets planted in the Molai forest.”
Jadav Payeng explained, “After all the achievements I have accomplished, I am looking to engage the youth of today further, and the best way to do that is by moving into the digital realm. So I will plant a digital forest in the metaverse on AqarLand and map it to a real forest that I will plant, thus connecting the two worlds using technology.”