Tokenizing the carbon market
By enabling the minting of carbon credits into universally tradable NFTs, embedded with detailed project information such as visual content, pricing information, statistics and other descriptions 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.
Voluntary Carbon Markets grew 3x from 2019 to 2022, and Sylvera* projects the market will grow to $40 billion USD by 2030.
While carbon credits are broadly available, trading has been highly inaccessible, opaque, and inefficient. Supply and demand are being hampered by antiquated trading systems and lack of trust/transparency.
*Sylvera's "Carbon Credit Crunch Report 2022"
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
Leveraging blockchain technology, we are enabling easy 24/7 access to carbon markets through a platform that will facilitate offset trading on tokenized exchanges.
A minting fee is collected on the first minting (creation) of a carbon credit NFT (smart contract).
A transaction fee, 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 can be received in Ethereum, carbon credits, carbon credit NFTs, or a combination, providing DeepMarkit with flexibility while increasing DeepMarkit's addressable market and exposing the Company to rapidly growing asset classes.
What are carbon credits?
Compliance credits are created and regulated by mandatory regional, national, and international carbon reduction requirements.
Voluntary credits function outside of the compliance credit markets and enable companies and individuals to purchase carbon offsets on a voluntary basis.