
WORLD-FIRST TOKENIZATION OF THE DEEP SEABED: BLOCKCHAIN TECHNOLOGY TAKES ON DEEP SEABED MINING IN ‘THE WORLD’S LARGEST OCEAN DISPUTE’
Deep Rising’s Innovative Web3 Campaign Empowers Humanity to Reclaim and Protect the Ocean’s Last Frontier
Embargo: 20 November 2024, 09:00 AEDT [22.00 GMT 19 November 2024]: In a groundbreaking move to combat the looming threat of deep seabed mining, Deep Rising, the acclaimed documentary by Matthieu Rytz and narrated by Jason Momoa, has launched ‘The World’s Largest Ocean Dispute.’ This world-first initiative tokenizes the deep seabed, reclaiming humanity’s common heritage and empowering individuals across the globe to protect the ocean for future generations.
At stake is the Clarion Clipperton Zone (CCZ), a vast 4.5 million-square-kilometer expanse of Pacific High Seas. Within it, 3 million square kilometers of pristine seabed—an area nearly the size of India—has been reserved for mining, potentially becoming the largest mine on Earth. This project threatens to devastate a vital ecosystem and trigger catastrophic impacts on the global climate and biodiversity.
‘The World’s Largest Ocean Dispute’ offers a bold solution: 8.17 billion unique GPS coordinates, meticulously mapped across the CCZ and tokenized in the world’s first-ever utility token project on behalf of humanity. For the first time, every person on Earth can reclaim their birthright to the deep seabed for free, receiving a DEEPSEA NFT—a unique Birthright Certificate with individual coordinates featuring one of the ocean’s mysterious, life-sustaining creatures (known and unknown).
Under international law, the deep seabed in the High Seas is protected as the “common heritage of (hu)mankind” by the United Nations Convention on the Law of the Sea (UNCLOS). This principle asserts that the deep seabed belongs to all of us, held in trust for future generations, and must be safeguarded from exploitation by individual nations or corporations. However, behind closed doors at the Kingston-based International Seabed Authority (ISA), the future of this shared environment is under imminent threat, with mounting pressure to approve mining permits.
How the Campaign Works
“By building and minting the NFTs on Coinweb whilst using MultiversX as the underlying chain, the NFTs are highly eco-friendly, emitting just 0.04 grams of CO2 per transaction – significantly less than a single Google search and exponentially lower than traditional blockchains.”
“This isn’t about profit or speculation; it’s about empowering humanity,” says Matthieu Rytz, Director of Deep Rising. “We’ve reimagined NFTs as a tool for transparency and global action, allowing people everywhere to assert their voices in protecting the deep ocean.”
The Coinweb protocol is a groundbreaking cross-chain platform that uniquely combines scalability with interoperability, setting new standards in the blockchain industry. It enables the seamless operation of decentralized applications across multiple blockchains, effectively merging them into a unified ecosystem.
“Deep Rising is the perfect match for Coinweb’s platform, which removes the need for the NFTs to be stuck on one blockchain. Now NFTs from Deep Rising can seamlessly migrate in the event that greener blockchains emerge.” says Tony Gilbert, CEO and Co-Founder of Coinweb labs.
Digital Guardianship Meets Global Impac
Upon claiming a GPS coordinate, participants receive a DEEPSEA NFT—a beautifully designed Birthright Certificate, available in 90 languages, featuring a lifeform from the ocean’s depths. These NFTs, securely stored on decentralized servers, allow participants to own their claims free from censorship, fostering a global community dedicated to safeguarding the deep seabed.
Join the Movement to Defend Our Planet’s Final Frontier
By joining ‘The World’s Largest Ocean Dispute,’ individuals worldwide are uniting to challenge deep seabed mining and protect a critical ecosystem. As the world’s first tokenization of the deep seabed, this campaign offers a historic opportunity to reclaim a shared birthright, ensuring the long-term protection of this vital ecosystem for future generations.