Bye Bye Plastic and Socialstack Launch Impact-Driven Social Token $BYEBYE
Acclaimed international DJ, producer, activist, and Web3 entrepreneur Vivie-Ann Bakos aka BLOND:ISH, has unveiled an impact-driven social token launched by Bye Bye Plastic Foundation.
Announced during the International Music Summit (IMS) in Ibiza last week, the carbon negative $BYEBYE social token will launch this summer on web3 community platform Socialstack.
Socialstack’s Climate Action Social Token Fund, a grant of which Bye Bye Plastic is the inaugural grant recipient, is the first of its kind. It aims to fund and provide infrastructure to develop Web3 communities that work to address the climate crisis and remove plastics from the music scene.
The token grant worth $75K is powered by Celo, a carbon negative blockchain, and is also a collaboration with Celo’s Climate Collective. As part of the grant, Bye Bye Plastic and Socialstack will also run the first-ever Impact To Earn (I2E) campaign with $25,000 worth of CELO tokens rewarded for those who take positive actions.
$BYEBYE is set to activate dedicated new mechanisms designed to educate, engage and excite people towards environmental practices by creating new ways for people to develop essential eco-habits collectively as opposed to individual eco-action.
BLOND:ISH is the first musician to use Web3 to launch an impact-driven social token. She continues to use her platform for the good of the planet and its people.
“The sustainable and circular economy still needs to appear stimulating and incentivizing in our everyday lives in order to win the tide of Climate Change,” she explains. “With a token that rewards environmental actions, we aim to not only gamify, but also effortlessly change the culture that will shape a plastic-free and more regenerative world.”
Craig Wilson, Climate Collective CEO, added, “Climate is a mass coordination problem, and Web3 is a mass coordination tool. We are thrilled to support Bye Bye Plastic in activating the music community towards regenerative practices.”
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