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Read our 2023 Impact Report

Virtual Reefs, Real Impact

The Sheba Hope Grows Collective is growing never-ending hope for coral reefs

The Gift of Hope this Christmas

50% of the world's coral reefs have been destroyed since 1950. Hearing this, you can be left wondering how you can help and feeling that individual action is almost impossible. That's why Sheba has launched the Sheba Hope Grows Collective - a community of ocean lovers committed to investing resources and most importantly care to collectively grow never-ending hope for coral reefs, one of our most valuable ecosystems on Earth.

With the power of Web 3 technology, Sheba has created a collection of 11,269 sustainable Virtual Reef NFTs, the same number of Reef Stars planted on Hope Reef, where 100% of the proceeds fund reef restoration around the world. Community members can grow their virtual reefs, make decisions on how funding is spent, level up their coral (unlocking exciting new marine life) and ultimately claim a geotagged reef star to be planted on a real reef - resulting in 15 corals being out-planted! Your interactive Virtual Reef will be completely unique to your individual NFT and will be comprised of various coral species and colors.

Sheba Hope Reef, South Sulawesi, Indonesia

The Virtual Reef NFTs will be available to buy this week, so be sure to follow the Sheba Hope Grows channels to not miss the launch! Purchasing your Virtual Reef is only the first part of the process. Once you have your NFT, there will be a period of time where the Sheba Hope Grows community gets to achieve a series of milestones such as spreading the word with the #ShebaHopeGrows, alongside witnessing reef milestones such-as seeing coral coverage increase on one of the restoration sites! Once every milestone has been reached, your Virtual Reef NFT will be assigned to a real reef star planted on a restored site - virtual reefs = real impact.

So! Join the Sheba Hope Grows Collective on Discord, follow their social channels and keep an eye out for the Virtual Reef NFT launch this week....