FAQ
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What is Nemus?
Nemus is the “greenprint” of a new approach to conservation. Our goal is to secure at-risk land in the Amazon rainforest to protect its biodiversity by stopping deforestation.
We do this by creating sustainable economic activities on the land. These drive economic potential away from the destruction of the land towards sustainable use of the land.
As a holder, or Guardian, you foster the sustainable and economic activity that benefits the land and those who rely on it. Hint: that’s all of us.
The Guardian is born when a Nemus NFT is purchased. This NFT is in trading card format and unlocks gamification and token earning features.
Beyond the NFT, Guardians have an important role in the decisions made about the activities and actions on the land through our DAO (currently in the final stages of development).
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What percentage of funds actually goes to conservation of the Amazon?
Outside of operational expenses and a small portion for early investors (<5%), all of the NFT sales go toward the purchase of land, economic activity to preserve and conserve the land, and rewards for Guardian.
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Why is Nemus launching on Ethereum?
Ethereum is the network where NFTs were born, and still to this day, the largest source for NFT trading and liquidity. It is battle tested for an array of complex smart contracts.
Weighing these factors, we saw Ethereum as the best choice. -
Do I actually own land my NFT represents?
No. Brazilian law is complex in regards to who can own land in the rainforest. Issuing NFTs that represent real ownership of land would be incredibly difficult in a decentralized domain!
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What do I get from holding a Nemus NFT, then?
Ownership of an NFT is a claim to sponsorship of the land your parcel represents.
Holding a Nemus NFT allows you to: collect rewards in the native NEA token, mint additional NFTs through game mechanics, and participate in the Nemus DAO regarding decisions concerning economic and social activity on the land.
NFT holders will also gain access to the Nemus Data Room, which hosts a variety of documents and information pertaining to activity on the land, as well as drone footage, satellite imagery and more!
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Why did Nemus choose NFTs to fundraise?
Blockchain, cryptocurrencies, NFTs, DeFi… We believe these technologies have been the missing link to building effective methods for conservation. Previously, people could do little more than donate to a cause. As a Guardian, you are an integral part of the cause.
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How do the Indigenous peoples of the land feel about Nemus?
Nemus has no intention of imposing any specific actions on them. We are working directly with indigenous and local communities to ensure they are on board with current and future activities of the land. Generally, they are cautious but welcoming of the work Nemus is going to do. Nemus is also in constant communication with FUNAI (The National Indigenous Foundation of Brazil) to ensure negotiated standards are always met.
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How do I know Nemus actually owns the land and cannot sell it out from under me?
All documents pertaining to land ownership will be publicly available for review within the Nemus application and also verifiable with Brazilian legal records.
As for NOT selling the land, Nemus will secure ownership of the land used for NFTs through a sophisticated legal structure which will impose a non-transferability and non-foreclosure restriction upon such land.
Due to Brazilian legal restrictions on foreign ownership of rural land in Brazil, the land used for NFTs shall be held by a Brazilian entity within the Nemus ecosystem.
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Will there be future drops?
Yes. The frequency of drops will depend on a variety of factors from supply and demand, to the availability of new land. At the moment there are roughly 5-6 drops planned in 2022, covering more than 50,000 hectares (125k acres).