XIBALBA NFT is a new approach to protect and conserve the cenotes and caverns of the Yucatan Peninsula, starting with the Zazil Tunich cavern. This approach connects anyone with a digital (web3) wallet, with direct real-world impact, through the use of NFTs and cryptocurrencies.

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All documents relating to ownership of the land will be publicly available for review within the XIBALBÁ NFT website and may also be verified with Mexican legal registries online or otherwise.

Regarding the NO sale of the land, XIBALBA NFT will ensure ownership of the land used for the NFT through a sophisticated legal structure that will impose a non-transferability and non-execution restriction on said land.

In addition, due to Mexican legal restrictions on land ownership, the owner owns the land surface, however what is below the ground is unsaleable as it is always owned by the government.

Blockchain, cryptocurrencies, NFT, DeFi... These technologies have been the missing link to build effective methods of protecting the caves and cenotes of Yucatan. Before, people couldn't do much more than donate to a cause. Now, just by having an NFT, they become the cause.

Ethereum is the blockchain where the first smart contracts were built and where NFTs were born. It is the largest and most widely adopted network.

No. Mexican law is explicit as to who can own land and its complexity would make it impossible to issue NFTs (representing land ownership) in a decentralized domain.

Although ownership of an NFT is not a land ownership right, NFTs give custodians the right to collect rewards for activities in the caves, mint additional NFTs, and participate in decisions regarding economic and social activity. on earth, through the DAO of XIBALBÁ NFT.

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