Abstract
Humankind is having a profound impact on the oceans. Salacia is a platform to pool community, technology, and resources to generate BlueTech solutions and to promote the education needed to raise awareness of the relation between human behavior and the catastrophic issues our oceans are experiencing. Like most startups, each of these BlueTech solutions is yoked with the need to raise funds. The Salacia Project will create revenue flow by minting collectable digital assets in the form of non-fungible tokens (“NFT”). In startups, this yoke manifests itself in the tension that exists between the allocation of resources between fundraising and technology development. The Salacia Project will lighten the yoke by allocating resources to the BlueTech Projects in the form of minds, hands, funds, and time. Salacia will use the platform to promote activities to educate and raise awareness of the impact humankind is having on the oceans and marine ecosystems, and to generate a resource stream via NFT sales.
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Note: Averaging two extreme (and often unrealistic) perspectives does not produce an accurate result and, in fact, can produce a result which has no bearing on reality (e.g., otherwise known as “garbage in, garbage out”).
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Regenor, J.A., Achtmann, E.D. (2022). Saving the Oceans with NFTs. In: Lacity, M.C., Treiblmaier, H. (eds) Blockchains and the Token Economy. Technology, Work and Globalization. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-95108-5_13
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