DEEPMARKIT CORP.
Carbon Offsets On The Blockchain
TSX-V: MKT | OTC: MKTDF | Frankfurt: DEP
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Carbon-Tech Draws Record Venture Funding as Investors Hunt for Impact
Investments in carbon startups hit $1.4 billion in Q2
Demand for carbon-tech comes despite broader market decline
According to a report recently published on Bloomberg, a record amount of investment capital continues to flow into the carbon-tech sector. This data further supports DeepMarkit's position that we are in the early stages of what could be a generational investment opportunity for early movers.
"Buoyed by corporate and government pledges to cut greenhouse gas emissions, a record $1.4 billion poured into climate and carbon-focused startups in the second quarter of this year. That’s in stark contrast to the broader market for venture funding, which faces its largest quarterly percentage drop in nearly a decade, according to CB Insights."
Last year, in our mission to create value for shareholders, the Company identified what we believe to be an unprecedented commercial opportunity to bring a significant asset class, the carbon offset market, out of its antiquated regime and into the digital economy via the blockchain.
According to reputable research firm Refinitiv, global carbon markets grew by 164% in 2021 to reach a market value of $851 billion (includes both compliance and voluntary carbon markets).
DeepMarkit, via its proprietary carbon offset minting platform MintCarbon.io, is currently focused on bringing the historically opaque and antiquated Voluntary Carbon Markets ("VCMs") to the blockchain in a turnkey, easy-to-use, secure and transparent environment. Appealing visuals, project stories and access to project developers encourages buyers and sellers to interact securely.
DeepMarkit stands to benefit through a minting fee collected upon initial minting (or creation) of the digital carbon offset. Every time the same carbon offset exchanges hands on the blockchain, a transaction fee can be split between DeepMarkit and the carbon offset originator, further incentivizing platform use.
We're proud to have recently announced our first P.O. with Will Solutions, a leader in community-based greenhouse gas reduction solutions.
Stay tuned as the Company works diligently toward becoming an industry leader in bringing carbon markets to the blockchain, where they can be accessed by anyone, at any time, securely and transparently.
Access to the entire Bloomberg article can be found here:
https://www.bloomberg.com/news...
Until next time, keep well.
Ranjeet Sundher
CEO, DeepMarkit Corp.
TSX Venture: MKT
OTC: MKTDF
Frankfurt: DEP