The Company's Proprietary Platform Facilitates a Transition Allowing Individuals and Families to Offset Their Annual Carbon Footprints and Participate in the Net Zero Economy
Canadians are known to emit about 14.2 tonnes of carbon per person per year.2 Using the average current cost of
MintCarbon.io is a web-based ecosystem that facilitates the minting of carbon credits into NFTs, among other features. As background information, the NFT minting process for an offset credit is initiated by confirming and authenticating the credit on a carbon project registry. Upon verifying the offset credit's authenticity, the user is then approved to mint it into a verified carbon credit NFT through the MintCarbon.io platform. Once minted, the user can hold, sell or retire their NFT on a third-party platform, all scenarios of which have been successfully tested and audited.
"Developing the MintCarbon.io platform so that project owners and carbon offset holders can interact more effectively with the people and companies looking purchase and retire carbon credits is our mission. The Platform is part of a broader solution to help reduce to the world's carbon footprint by making it clearer and easier for people to think about emissions and their impact on the planet," said
On behalf of:
"Ranjeet Sundher"
Web: www.deepmarkit.com
Twitter: @DeepMarkit
Neither the
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans which include, without limitation, statements regarding the anticipated timing for commercial launch of the platform and the Company's expectation that its business will allow the voluntary carbon credit to grow to a point that makes it accessible for individuals to locate and purchase carbon credit NFTs in third-party markets. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and
ENDNOTES:
- "Canadian Shipping Emits 8 Million Tons Of Carbon Dioxide A Year. There's
A Better Way ",World Wildlife Fund Canada ,April 20, 2021 , https://wwf.ca/media-releases/canadian-shipping-emits-8-million-tons-of-carbon-dioxide-a-year-theres-a-better-way/?gclid=EAIaIQobChMI0Z2gndHz-AIVRRh9Ch1aiQtYEAMYAyAAEgKpr_D_BwE - "Canadians are among the world's worst carbon emitters. Here's what we can do about it", by
Jaela Bernstien ,CBC News : Science, updatedOctober 11, 2021 , https://www.cbc.ca/amp/1.6202194 - "Average number of people per family in
Canada from 2000 to 2019",Statista Research Department ,November 24, 2021 , https://www.statista.com/statistics/478948/average-family-size-in-canada/
SOURCE
© Canada Newswire, source