A Brazilian firm selling non-fungible tokens (NFTs) it says are linked to physical land in the country's Amazon rainforest has been asked by Brazilian prosecutors to prove its ownership of the land, which is in territory claimed by indigenous people.
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The prosecutor's office has given Nemus 15 days to show the land belongs to it and has accused the company of pushing indigenous people in the region to endorse documents they could not understand.
Federal Prosecutor Fernando Merloto Soave said his office was trying to work out if the land is privately owned, but added this would be made invalid if the territory is recognized by the federal government as indigenous.
He also said it was clear that indigenous communities had not been consulted in this case, as required by the International Labour Organization.
Nemus – whose slogan is "Treasure the forest" – sells NFTs it says are a digital representation of real pieces of land in the Brazilian Amazon.
Buyers, called "guardians," do not gain ownership of the land themselves but the company guarantees their money will be used to preserve the forest and support the people living there.
The buyers receive a collectable digital card that can be traded for game rewards.
