Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - BlockMint Technologies Inc. (TSXV: BKMT) ("BlockMint" or the "Company") is pleased to announce that it has launched a new website focused on tokenized carbon credits: carbontokensmarket.com (the "Website"). A tokenized carbon credit, often referred to as a "carbon token," is a non-fungible, tradeable digital asset on a blockchain that represents one carbon credit or one tonne of carbon dioxide equivalent (CO2e) of greenhouse gas emission reduction. Over the past year, there have been a number of companies that have created carbon tokens with the aim to use blockchain technology to build secure and efficient marketplaces to scale the trading of carbon credits. The Company created the Website to provide a single source for price and market information on existing carbon tokens and aggregate news for the emerging and rapidly expanding universe of carbon tokens.
BlockMint's CEO, Nelson Ijih, commented: "The tokenization of carbon credits represents the logical and much needed convergence of emerging digital technology and the carbon offset markets to address climate change. We believe that our new website will prove useful and popular with participants in the growing carbon tokens market. At present, there is no single source for pricing information on carbon tokens in circulation. As user traction builds, the Company intends to earn revenues through a conventional ad-based business model."
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