Thailand's Wonderfruit Festival loves to think outside the box when it comes to sustainable, eco-friendly practices. Last year, the fest built one of its stages out of edible rice grain, which was then cultivated and shared with nearby communities. It also made the event carbon-positive by planting a mangrove tree in Myanmar for every "Mangrove Drink" sold at the festival to offset deforestation at  Myanmar. This year, Wonderfruit announced it will pay its artists in trees.

You may throw up your hands and say, "Trees can't pay the rent!" But hear us out on this, because in this case, they actually can. For the December event, Wonderfruit plans to compensate select artists and collaborators in TREE tokens, a cryptocurrency backed by natural capital and traded on the blockchain. For the unfamiliar, it breaks down like this: Many economists believe that the climate crisis represents a critical juncture in human history, and it only stands to worsen due to our failure to value natural capital. Natural capital is the value living ecosystems like rainforests and coral reefs provide to humans. Once abundant, natural capital has eroded precipitously due to unpriced “externalities,” such as carbon emissions. Blockchain technology can be used to protect critical ecosystems by democratizing investment in natural capital, and integrating payment for ecosystems services into our global accounting systems.

In Southeast Asia, for example, mangrove forests play a huge role in off-setting the ocean's carbon absorption by filtering water to allow sea grasses and coral reefs to thrive.

https://blockchainireland.org/natural-capital-blockchain-revolution/

Wonderfruit was built upon six pillars: Arts, Music, Family, Farm to Feasts, Talks & Workshops and Wellness & Adventures

http://mixmag.asia/read/wonderfruit-calls-upon-richie-hawtin-roots-manuva-gui-boratto-more-local