The Global Carbon Market is approaching a trillion dollar valuation* and DeepMarkit is facilitating its transition to the digital economy.
DeepMarkit is making it simple to list, profile and track carbon credits on the blockchain through our proprietary platform MintCarbon.io, accessible to everyone, everywhere, at any time.*
*Source: Reuters
Tokenizing the carbon market
By enabling the minting of carbon credits into universally tradable NFTs, the Company's proprietary MintCarbon.io platform unlocks liquidity and transparency in historically opaque carbon markets.
A shared revenue model underpinned by a royalty stream provides investors in DeepMarkit with exposure to one of the fastest growing asset classes in the world.
The Challenge
While carbon credits are broadly available, trading is highly inaccessible, opaque, and inefficient. These issues hamper supply, demand and innovation in the markets.
The Opportunity
Voluntary carbon credits are quickly becoming an inevitable part of everyday life; estimates show that demand could increase 15 times by 2030 to $50 billion.*
*Source: Task Force on Scaling Voluntary Carbon Markets
The Solution
Leveraging blockchain technology, we are enabling easy 24/7 access to carbon markets through a platform that will facilitate offset trading on tokenized exchanges.
Recurring Revenue Streams
DeepMarkit Corp. is positioned for sustained top-line revenue growth and a royalty model which can be triggered when a MintCarbon NFT is traded on the blockchain, whether through OpenSea, Rarible and any other decentralized exchange.
A minting fee is collected on the first minting (creation) of a carbon credit NFT (smart contract).
A royalty, split between the carbon credit holder and DeepMarkit, can be collected when a carbon credit NFT is re-sold or traded on any decentralized exchange (eg. OpenSea.io).
Fees and royalties can be received in Ethereum, carbon credits, carbon credit NFTs, or a combination, providing DeepMarkit with flexibility and increasing DeepMarkit's addressable market and exposing DeepMarkit to rapidly growing asset classes.
What are carbon credits?
A carbon offset credit is a transferable instrument certified by governments or independent certification bodies to represent an emission reduction of one metric tonne of CO2, or an equivalent amount of other green house gases. The purchaser of an offset credit can “retire” it to claim the underlying reduction towards their own GHG reduction goals.
There are two kinds: compliance credits and voluntary reductions.
Compliance Credits
Compliance credits are created and regulated by mandatory regional, national, and international carbon reduction requirements.
Voluntary Credits
Voluntary credits function outside of the compliance credit markets and enable companies and individuals to purchase carbon offsets on a voluntary basis.
MintCarbon.io is a proprietary web-based platform developed by DeepMarkit, facilitating the minting of carbon credits into resaleable, Ethereum-powered, non-fungible tokens.
* Anticipated to launch Q2-2022.
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