DeepMarkit Corp. announced the commercial launch of its proprietary MintCarbon.io platform (the "Platform"). The Platform was developed by DeepMarkit to support and promote reliability and transparency in the rapidly growing voluntary carbon market (the "VCM") while enabling users to easily connect their digital wallets to onboard, purchase, hold, or retire carbon offsets using the Blockchain. The VCM surpassed a valuation of $1 billion for the first time in November 2021.

It is on course to surpass $2 billion this year and is predicted to reach $40 billion by 2030.1 Bringing the VCM onto the blockchain via MintCarbon.io is expected to help unlock liquidity and transparency, thereby driving market growth and facilitating the movement of capital to where it is needed the most. Regarding MintCarbon.io's unique revenue model, it was designed to not only accrue revenue for the Company but also to reward carbon offset owners through a sharing arrangement. For example, once a minting fee is collected by the Company upon the initial onboarding of a carbon offset, all subsequent transaction fees earned by the NFT-based offset can be split between DeepMarkit and the carbon offset holder each time the token representing the underlying carbon offset is traded on any decentralized exchange in the world.

Given that transparency, integrity and reliability are crucial for the growth of the carbon offset sector, MintCarbon.io further ensures that every project listed is linked to a third-party verified carbon offset. The Company is working closely with Gold Standard and Verra to ensure only the highest quality, authentic projects are onboarded. Additionally, the Platform has received a Security Assessment Certificate from Quantstamp, which evaluated the Platform for security-related issues, code quality, and adherence to specifications and best practices for its smart contracts.