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NEWS: DeepMarkit Partnered with Flowcarbon to Host the ReFine Our Future Event in Paris
Wed, July 27, 2022 at 7:00 AM
The Company Displayed Carbon Credit NFTs Minted via its Proprietary MintCarbon.io Platform Featured in a Gallery
CALGARY, AB, July 27, 2022 /CNW/ - DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to announce that it participated as a partner-level participant alongside Flowcarbon Inc. ("Flowcarbon") at the "ReFine Our Future: An Immersive Flowcarbon Event" (the "ReFi Event") that was held on July 20, 2022 on the Loho Rooftop in Paris, France. The event occurred concurrently with the 5th Annual Ethereum Community Conference (the "EthCC") that took place from July 19-21, 2022.
DeepMarkit Corp. (TSXV: MKT, OTC: MKTDF, FRA: DEP) (CNW Group/DeepMarkit Corp.)
DeepMarkit Corp. (TSXV: MKT, OTC: MKTDF, FRA: DEP) (CNW Group/DeepMarkit Corp.)
DeepMarkit was in attendance to share information about its MintCarbon.io platform, as well as foster the ongoing development of the strategic relationship between the Company and Flowcarbon, among other opportunities. The ReFi Event featured a gallery of carbon credit NFTs that have been minted via the Company's proprietary MintCarbon.io platform. The event pulled together many experts and an interactive experience that highlighted novel ways to drive capital to carbon projects.
"We appreciated participating as a partner alongside Flowcarbon at the ReFine Our Future experience in Paris. Having our carbon credit NFTs be featured in a gallery at the ReFi Event was surreal, now that our MintCarbon.io platform has been tested and audited for secure use," said Ranjeet Sundher, Chief Executive Officer of DeepMarkit. "We continue to enhance MintCarbon.io, onboard carbon credit NFTs and build both supply-side and demand-side relationships globally. We look forward to exploring more opportunities with Flowcarbon in the future and also growing our relationship as we are both aiming to help reduce the global carbon footprint through our similar corporate missions," added Mr. Sundher.
"We are excited to have DeepMarkit and MintCarbon partner with us to put on the ReFine Our Future Event. We believe that working collaboratively with others building in the Web3 x Carbon space will strengthen and grow the entire industry. We loved collaborating with them as their proprietary platform instills the same ethos as Flowcarbon, valuing accessibility at the forefront of its project – for everyone, everywhere, at any time. We are stronger together!" said Phil Fogel, CBO of Flowcarbon.
Flowcarbon is using blockchain technology to address some of the systematic challenges in the voluntary carbon market, in particular, facilitating early and efficient access to capital for project developers, and creating tokens backed by carbon credits to facility liquidity, accessibility and transparency in the spot market for carbon markets. It recently raised US$70 million from a group of investors that included, but was not limited to, Andreessen Horowitz's crypto arm known as a16z, General Catalyst Partners, Samsung Next, Invesco Private Capital, 166 2nd Financial Services, Sam and Ashley Levinson, Kevin Turen, RSE Ventures and Allegory Labs LLC.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. FCC is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"
Ranjeet Sundher, CEO
Web: www.deepmarkit.com
Twitter: @DeepMarkit
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans including, without limitation, the tokenization of high quality, verified carbon credits. The reader is cautioned that assumptions used in the preparation of any forward- looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. Various factors can cause the actual results to differ materially from those in forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
SOURCE DeepMarkit Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2022/27/c0867.html
$MKTDF huge news out this morning: DeepMarkit Partnered with Flowcarbon to Host the ReFine Our Future Event in Paris https://finance.yahoo.com/news/deepmarkit-partnered-flowcarbon-host-refine-110000746.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$MKTDF "Carbon Credits are Important" -Publicly Traded Company MKTDF is Revolutionizing Access To The Billion Dollar Carbon Credit Market via the Blockchain https://finance.yahoo.com/news/deepmarkit-facilitates-people-going-carbon-110000689.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$MKTDF launch should be closer than ever...
The Company complied with Quantstamp's iterative audit process to rigorously review and test the MintCarbon.io platform's blockchain-based smart contracts. Quantstamp performed the security assessment of the platform's codebase and FCC incorporated feedback and recommendations from Quantstamp to complete the audit and receive the Certificate. All audited smart contracts are now ready to be deployed on the MintCarbon.io platform.
$MKTDF - MintCarbon.io is a web-based ecosystem that facilitates the minting of carbon credits into NFTs, among other features. As background information, the NFT minting process for an offset credit is initiated by confirming and authenticating the credit on a carbon project registry. Upon verifying the offset credit's authenticity, the user is then approved to mint it into a verified carbon credit NFT through the MintCarbon.io platform. Once minted, the user can hold, sell or retire their NFT on a third-party platform, all scenarios of which have been successfully tested and audited.
$MKTDF holding steady today on low volume compared to its 10-day average volume.
Yes, good news yesterday...$MKTDF
News July 19, 2022
DeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io https://finance.yahoo.com/news/deepmarkit-facilitates-people-going-carbon-110000689.html
Trades thin, seeing more and more buzz though this week. $MKTDF
Yes, looking good. If we get through the 0.059s, a new high of the day is up. $MKTDF
$MKTDF 0.063s hit, UP almost 20%. Looking forward to seeing more!
$MKTDF another strong start here +19.09%!
+45.22% shorts on the run! $MKTDF
$MKTDF trading nearly 2x its 10-day average volume within the first 2 hours... UP 45%, nice breakout and 0.059s on the ASK!
$MKTDF trading over 70% of its 10-day average volume within the first 45 minutes... UP 12%, nice breakout!
$MKTDF another strong start, low floater!
$MKTDF UP almost 25% in Power Hour, let's see a close at the high of the day!
$MKTDF now trading over 8x its 10-day average volume as Power Hour approaches... We could see 0.0399 as the high of the day.
.04's could come quick.
$MKTDF
$MKTDF - By developing MintCarbon.io, DeepMarkit is working to help combat carbon emissions by making it easier for households and businesses to purchase and retire NFT-based carbon credits minted on MintCarbon.io, and to be part of the net-zero economy as a result.
Looking like we'll have a new high of the day! $MKDTF
.036's thinning here
$MKTDF
$MKTDF now trading 7x its 10-day average volume in about 90 minutes, great start to the morning.
$MKTDF now trading 5.5x over its 10-day average volume within the first hour of the day... really great volume!
Solid news, this stock is way undervalued at these levels.
$MKTDF
$MKTDF trading 3.5x over its 10-day average volume within the first hour of the day on today's News!
Nice news from MTTDF today illustrating the company's commitment to helping everyone build a better environment through reducing carbon emissions in new ways. The company's MintCarbon.io platform can play an important part in moving towards this this very necessary goal for a more sustainable future.
DeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io
Tue, July 19, 2022
The Company's Proprietary Platform Facilitates a Transition Allowing Individuals and Families to Offset Their Annual Carbon Footprints and Participate in the Net Zero Economy
CALGARY, AB, July 19, 2022 /CNW/ - DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to announce that its MintCarbon.io platform (the "Platform") can help facilitate individuals and families offsetting their annual carbon footprints to become carbon neutral. With Canada having committed to reducing greenhouse gas emissions, particularly carbon, by 30% by the year 2030, it is critical that innovative solutions like MintCarbon.io exist so that the peoples' carbon footprint can be materially reduced.1
Canadians are known to emit about 14.2 tonnes of carbon per person per year.2 Using the average current cost of $15 per tonne of carbon in the secondary market, the average Canadian could offset their annual carbon footprint for $213. For families, with an average size of 2.9 people3 many Canadian households are responsible for emitting over 30 tonnes of carbon each year. By extension, the cost for a Canadian family to become carbon neutral is also fairly reasonable. By developing MintCarbon.io, DeepMarkit is working to help combat carbon emissions by making it easier for households and businesses to purchase and retire NFT-based carbon credits minted on MintCarbon.io, and to be part of the net-zero economy as a result.
MintCarbon.io is a web-based ecosystem that facilitates the minting of carbon credits into NFTs, among other features. As background information, the NFT minting process for an offset credit is initiated by confirming and authenticating the credit on a carbon project registry. Upon verifying the offset credit's authenticity, the user is then approved to mint it into a verified carbon credit NFT through the MintCarbon.io platform. Once minted, the user can hold, sell or retire their NFT on a third-party platform, all scenarios of which have been successfully tested and audited.
Management Commentary
"Developing the MintCarbon.io platform so that project owners and carbon offset holders can interact more effectively with the people and companies looking purchase and retire carbon credits is our mission. The Platform is part of a broader solution to help reduce to the world's carbon footprint by making it clearer and easier for people to think about emissions and their impact on the planet," said Ranjeet Sundher, Chief Executive Officer of DeepMarkit. "The concept of minting carbon credits into NFTs is becoming a reality and DeepMarkit is proud to be making it happen. We are working hard to optimize the Platform, onboard a larger number of credits, integrate feedback and add features to create more value for our stakeholders," added Mr. Sundher.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"
Ranjeet Sundher, CEO
Web: www.deepmarkit.com
Twitter: @DeepMarkit
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans which include, without limitation, statements regarding the anticipated timing for commercial launch of the platform and the Company's expectation that its business will allow the voluntary carbon credit to grow to a point that makes it accessible for individuals to locate and purchase carbon credit NFTs in third-party markets. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
ENDNOTES:
"Canadian Shipping Emits 8 Million Tons Of Carbon Dioxide A Year. There's A Better Way", World Wildlife Fund Canada, April 20, 2021, https://wwf.ca/media-releases/canadian-shipping-emits-8-million-tons-of-carbon-dioxide-a-year-theres-a-better-way/?gclid=EAIaIQobChMI0Z2gndHz-AIVRRh9Ch1aiQtYEAMYAyAAEgKpr_D_BwE
"Canadians are among the world's worst carbon emitters. Here's what we can do about it", by Jaela Bernstien, CBC News: Science, updated October 11, 2021, https://www.cbc.ca/amp/1.6202194
"Average number of people per family in Canada from 2000 to 2019", Statista Research Department, November 24, 2021, https://www.statista.com/statistics/478948/average-family-size-in-canada/
SOURCE DeepMarkit Corp.
Cision
Cision
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2022/19/c3114.html
Thank you for sharing that $MKTDF News! Looking forward to launch!
$MKTDF NEWS! DeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io https://finance.yahoo.com/news/deepmarkit-facilitates-people-going-carbon-110000689.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$MKTDF big news just out: DeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io https://finance.yahoo.com/news/deepmarkit-facilitates-people-going-carbon-110000689.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
Agreed...word is spreading
Malaysia-based Radiance, an Investment Holding Company, has Earmarked up to CAD 20 Million of Buy-Side Support for Carbon Credit NFTs Minted via DeepMarkit's Platform
Three Scenarios of Retiring, Claiming and Holding a Carbon Credit NFT Were Successfully Tested via the Company's MintCarbon.io Platform
Agree, low floater, can spike quick on volume.
$MKTDF
$MKTDF has strong volume days followed by slower days... There are some opportunities to load cheaper shares on the BID.
Agree, patience will pay off here.
$MTKDF
This is going to be a huge play
The MKTDF business plan to become an important part of the emerging Carbon Capture / Carbon Credit market is highly validated by the interest not only from governments but also by the oil and gas industry itself. If you check the websites of all the major petroleum companies like ExxonMobil, Shell, Chevron, etc. you will find Carbon Capture / Carbon Credit commentary on their home pages as an issue of growing importance to these multi-billion dollar companies.
DeepMarkit (OTC: MKTDF) (TSX.V: MKT) is capitalizing on this megatrend by helping carbon credit holders monetize their credits via its Mint Carbon platform into tradeable NFTs on the Ethereum-powered, Polygon blockchain for liquid sale on the global market 24/7. MKTDF expects to onboard its first batch of 25 million credits in the coming weeks (worth about $250 million). MKTDF generates revenues by charging a 10% minting fee to carbon credit holders, and then generates recurring revenues of about 1% every time the NFTs trade. In his interview with Wall Street Reporter, MKTDF CEO Ranjeet Sundher shared that key milestones to watch in the coming weeks are new issuers joining the MintCarbon platform, and the first NFTs being minted. Sundher says that MKTDF's first-mover advantage in the carbon credit NFT space, combined with its deep pipeline of projects create the potential for significant revenue growth and valuation upside in coming months.
Huge exposure to the blockchain technology, a must own here.
$MKTDF
Carbon Credits are the big thing & Publicly Traded Canadian Company $MKTDF is Revolutionizing Access To The Billion Dollar Carbon Credit Market via The Blockchain $MKTDF Receives Critical Quantstamp Security Assessment Certificate
https://finance.yahoo.com/news/deepmarkit-platform-receives-critical-quantstamp-125300741.html
Huge news! The Company's MintCarbon.io Platform has Successfully been Evaluated for Security-Related Issues, Code Quality and Adherence to Best Practices Related to Smart Contracts $MKTDF
$MKTDF NEWS as DeepMarkit Platform Receives Critical Quantstamp Security Assessment Certificate https://finance.yahoo.com/news/deepmarkit-platform-receives-critical-quantstamp-125300741.html
.04's could hit quick! $MKTDF
$MKTDF is on my radar, and has been for a while. Excited to see how the Company's MintCarbon.io Platform will look once it's operating.
Huge NEWS As DeepMarkit Recaps Accomplishments from First Half of 2022
CALGARY, AB, Jun 29, 2022 (Canada NewsWire via COMTEX) -- The Company also Announces its Support of the Growing Industry Consensus of the Blockchain Being a Key Tool to Ushering the World's Antiquated Carbon Trading Systems into the Modern Age
DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to highlight its most significant developments from the first half of 2022. Additionally, the Company is pleased to observe the growing industry consensus of the blockchain becoming a critical tool for transitioning the world's antiquated carbon trading systems into the modern age.
DeepMarkit's most notable highlights this year, subsequent to closing the acquisition of First Carbon Corp., include:
-- CA$4.83 million raised via private placements including
welcoming Radiance Assets Berhad ("Radiance") as a significant
shareholder of the Company;
-- Achieved successful registration on the Gold Standard and Verra
carbon registries;
-- Completed a definitive collaboration agreement with Radiance
for the introduction of international carbon credit projects to
the Company's MintCarbon.io platform;
-- Executed an LOI with Top Energy with respect to the minting of
clean energy NFTs;
-- Entered into a $20 million carbon credit Liquidity Support
Agreement with Radiance;
-- Completed three inaugural tests, including the successful
minting, listing and retiring of carbon credit NFTs via
MintCarbon.io;
-- Became one of Polygon's key sustainability partners and engaged
Quantstamp for security assessment services; and
-- Executed of an LOI with Japan-based BloomX for the introduction
of MintCarbon.io to the Asian market.
In a recent blog article on Shell Climate Change about carbon emissions and NFTs, several solutions are proposed that could see carbon offset NFTs make carbon-based budgeting more of a reality.(1) Given that carbon markets require a mechanism to track creation, ownership and retirement of emission reduction units, as enabled by an effective trading system, all in order to be optimized, Company management has seen the blockchain as a natural fit for the industry since inception. DeepMarkit's view is that there is a lot more to carbon credits than simply commoditizing them into tokens. The carbon offset NFTs (ERC-1155) minted on its MintCarbon.io platform allow project owners to embed and share additional information about their projects, including co-benefits, graphics, artwork, videos and project descriptions, thereby adding more meaning and utility as compared to other similar tokens. Via MintCarbon.io, a project's complete profile and story is expected to be easily viewed, shared and linked to any blockchain-enabled marketplace such as OpenSea or Rarible.
As DeepMarkit continues to advance MintCarbon.io with the aim of being an industry leader in the minting of carbon credits into NFTs, it is reassuring to see that the industry is advancing in the same direction and that momentum is building to adopt these types of solutions. A broad and collective effort is needed in order for the world to effectively achieve emissions management.(1 )Accordingly, DeepMarkit expects carbon credit NFTs to play a key role in helping both companies and individuals to operate and exist within a carbon-based budget long into the future.
"DeepMarkit has come a long way in only half of a year and I am proud of the team's accomplishments so far in 2022. Our team has been diligent in successfully addressing industry concerns, such as zombie credits, double counting and the lack of price transparency, all in order to develop and deliver the most robust platform possible. To date, the industry has responded positively to our mission and we are looking forward to updating our shareholders as we prepare for commercial launch," said Ranjeet Sundher, Chief Executive Officer of DeepMarkit.
"The concept of minting carbon offset credits into NFTs is becoming a reality and DeepMarkit is emerging as a leader in the space. As the industry evolves, improves and grows, we are pleased to see certain developments occurring to clarify and support a better path forward for project owners, credit holders, platform users and other stakeholders. I would like to thank our shareholders for their strong support thus far and we are excited to see what the future holds for the Company and the industry as a whole," added Mr. Sundher.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"Ranjeet Sundher, CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans which include, without limitation, statements regarding the anticipated timing for commercial launch of the platform. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
ENDNOTES:
1. "Blockchain, carbon emissions and NFTs", Shell Climate Change,
last updated May 2022,
https://blogs.shell.com/2022/05/16/blockchain-carbon-emissions-and-nfts/?amp=1
SOURCE DeepMarkit Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/29/c6097.html
SOURCE: DeepMarkit Corp.
Ranjeet Sundher, CEO, Tel: 403-537-0067, Email: corp@deepmarkit.com, Web:
www.deepmarkit.com, Twitter: @DeepMarkit
COMTEX_409417872/2197/2022-06-29T07:00:00
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Press Release: DeepMarkit Announces Execution of LOI with Japan-based BloomX
Published: June 22, 2022 at 7:00 a.m. ET
CALGARY, AB, Jun 22, 2022 (Canada NewsWire via COMTEX) -- TSXV: MKT OTC: MKTDF FRA: DEP
BloomX to Introduce Asia-based Carbon Credit Projects to DeepMarkit's Subsidiary, First Carbon Corp., through its MintCarbon.io Platform
DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to announce that it has signed a letter of intent ("LOI") with Bloom X Alliance Inc. ("BloomX") to form a referral arrangement (the "Arrangement"). Pursuant to the key terms in the LOI, DeepMarkit and BloomX are working to form the Arrangement through which BloomX will introduce and onboard carbon credit projects onto the blockchain through DeepMarkit's proprietary minting platform, MintCarbon.io. Based in Japan, BloomX is a blockchain-based products and services company seeking to reduce cost and improve efficiency of international asset transfers. It looks to participate and invest in blockchain-based products and services as well as other technology-enabled and related growth opportunities.
Through the Arrangement, DeepMarkit is expected to benefit from extensive and diverse exposure to numerous new carbon projects, as well as an increased level of validation in the ASEAN carbon offset community. MintCarbon.io is expected to receive increased transaction volume as a result of any and all users referred by BloomX that mint existing credits into NFTs. Pursuant to the Arrangement, BloomX will receive a fee for referring carbon projects to DeepMarkit, which will be payable by DeepMarkit in cash, or at DeepMarkit's discretion (subject to applicable laws), common shares of DeepMarkit. Under the terms of the LOI, DeepMarkit and BloomX will conduct necessary due diligence and negotiate the terms of a definitive agreement to govern the terms of the Arrangement. The ultimate structure of the Arrangement will be subject to applicable regulations as well as applicable securities, corporate and tax laws. The definitive agreement, and any transaction completed in connection therewith, may be subject to TSX Venture Exchange approval.
Currently, carbon emissions are traded over the counter in Japan. The Japanese Ministry of Economy, Trade and Industry and the Japan Exchange Group plan to create the country's first market for trading carbon emissions, launching a demonstration project in September 2022. The mechanism is planned to become fully operational in the fiscal year starting April 2023. With its new policy, the country aims to improve transparency in prices, encourage more companies to participate in the market and foster decarbonisation in its economy.(1) As an example of a leader in the field, Hitachi has committed to achieving carbon neutrality in its Scope 1 and 2 emissions by 2030 and carbon neutrality in its Scope 3 emissions by 2050. In order to achieve this goal, Hitachi introduced an internal carbon price in 2019 and raised the price from the initial 5,000 yen (US$37) per tonne to 14,000 yen (US$104) per tonne in 2021.(2)
BloomX has an extensive network in the cryptocurrency community as its CEO is a member of the Crypto Valley Association, which is an independent, government-supported and world-leading blockchain organization based in Zug, Switzerland, which is helping it to build and expand blockchain-based services, such as NFTs and security tokens. In addition, an advisor of BloomX, Mr. Ken Mazzio, is well known as a risk and compliance executive in the cryptocurrency industry for obtaining virtual currency licensing and building strong, regulatory-compliant control environments for Japanese and Filipino crypto-exchanges. He was also a member of the V20 (Virtual Asset Service Providers) Summit held in Osaka, Japan in 2019.
Management Commentary
"BloomX is excited to be working with DeepMarkit to bring their robust and proprietary carbon credit minting platform, MintCarbon.io, to Japan. DeepMarkit, aligned with Gold Standard and Verra, has demonstrated its thorough understanding in the intricacies of carbon markets. By providing improved transparency in carbon credit pricing and transactions, we believe MintCarbon.io will make a notable impact on Japan's push toward becoming 'Net Zero by 2050' and encourage more companies to participate in the carbon market, thus accelerating decarbonization in Japan," said Rico Numano, CEO, Toshiro Azumi, Chairman and Ken Mazzio, Advisor, of BloomX Alliance Inc.
"The expected Arrangement with BloomX will work continue to open new doors for DeepMarkit in the vast Asian market. Asia-based Radiance Asset Berhad's support of MintCarbon.io has been critical, now supplemented by BloomX, DeepMarkit's footprint in the Asian markets is expected to expand at a faster pace. We look forward to working with BloomX to grow the MintCarbon.io platform's increasing presence in the Asian markets," said Ranjeet Sundher, CEO of DeepMarkit.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"Ranjeet Sundher, CEO
Web: www.deepmarkit.comTwitter: @DeepMarkit
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements with respect to DeepMarkit entering into a definitive agreement with BloomX and completing the transactions described hereunder, statements with respect to the benefits expected to be received from DeepMarkit from the Arrangement and statements relating to the Company's business and corporate plans. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit, including, without limitation, failure to obtain necessary final regulatory approvals for the Arrangement, if required, or any other transactions described hereunder, failure to enter into a definitive agreement, the decision by BloomX or DeepMarkit to not complete the transactions as a result of due diligence investigations or as a result of regulatory or other legal considerations. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
ENDNOTES:
1. "Japan plans to create a pilot emission trading scheme in
September 2022", Enerdata, May 16, 2022, accessed on June 15,
2022,
https://www.enerdata.net/publications/daily-energy-news/japan-plans-create-pilot-emission-trading-scheme-september-2022.html
2. "Achieving Carbon Neutrality for a Sustainable Society: Hitachi's
Environment Strategy and its Work in Mobility", Hitachi, 2021,
accessed on June 15, 2022,
https://www.hitachi.com/rev/archive/2021/r2021_06/concept/index.html
SOURCE DeepMarkit Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/22/c2516.html
SOURCE: DeepMarkit Corp.
Ranjeet Sundher, CEO, Tel: 403-537-0067, Email: corp@deepmarkit.com
COMTEX_409053509/2197/2022-06-22T07:00:00
Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.
Copyright (C) 2022 CNW Group. All rights reserved.
The MarketWatch News Department was not involved in the creation of this content.
A lot in the works here! "Entered into a $20 million carbon credit Liquidity Support Agreement with Radiance" $MKTDF
$MKTDF DeepMarkit Attended The Fourth Annual NFT NYC Event from June 20-23, 2022
CALGARY, AB, Jun 20, 2022 (Canada NewsWire via COMTEX) -- TSXV: MKT OTC: MKTDF FRA: DEP
The Company's Representatives are Attending the Event in New York City with the Goals of Making Connections, Growing the MintCarbon.io User Base and Learning About New Opportunities in the Carbon-Based Areas of the NFT Industry
DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to announce that certain representatives of the Company will be attending the 4(th) Annual "NFT NYC" Industry Event from June 20-23(rd), 2022, in New York City ("NFT NYC" or the "Event"). The Event will be held in person with over 1,500 expert speakers, a variety of NFT-related topic discussions and an awards ceremony. NFT NYC 2022 is supported by one of DeepMarkit's key service providers, Polygon (Studios), as well as MoonPay.
NFT NYC is held annually for individuals, companies, brands, artists and others to collaborate, and encourage innovation in the world of NFTs. The Event will explore NFT-related art, brands, collectibles, data, fashion, films, investments, music, real estate, and more. It will be held across seven venues located in New York City over three days, including Radio City Music Hall, New York Marriot Marquis, Palladium Times Square, The Edison Ballroom, The Edison Rooftop, The Town Hall and Margaritaville Resort Times Square. Some of the speakers that are due to share their ideas at the Event include, Aaron Albano of MINGs Music Enterprises LLC, Adam Jeffcoat of Studio NX, Aiden Smith of Genzio, Garrett Brill of G-Link and Alexis King Wilson of Spotify. More information about NFT NYC can be found by visiting the following URL: https://www.nft.nyc/
"We are keen for some of DeepMarkit's business development representatives to attend NFT NYC. To be able to meet with a wide range of potential new counterparties, learn from many of the most innovative minds in the world, and challenge ourselves as a member of the NFT community to help reduce carbon emissions and create a better world, is a great opportunity," said Ranjeet Sundher, Chief Executive Officer of DeepMarkit.
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"Ranjeet Sundher, CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans including, without limitation, the tokenization of high quality, verified carbon credits. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. Various factors can cause the actual results to differ materially from those in forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
SOURCE DeepMarkit Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2022/20/c5281.html
SOURCE: DeepMarkit Corp.
Ranjeet Sundher, CEO, Tel: 403-537-0067, Email: corp@deepmarkit.com, Web:
www.deepmarkit.com, Twitter: @DeepMarkit
COMTEX_408953246/2197/2022-06-20T07:00:00
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Copyright (C) 2022 CNW Group. All rights reserved.
$MKTDF DeepMarkit Completed 4-for-1 Share Split; Shareholders Optimistic
CALGARY, AB, May 5, 2022 (Canada NewsWire via COMTEX) -- DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to pleased to announce that effective May 4, 2022, it has completed the split of its common shares ("Common Shares") on the basis of four (4) new Common Shares for each one (1) Common Share currently outstanding (the "Share Split"), as announced on April 26, 2022. The Common Shares will begin trading on the TSX Venture Exchange on a post-Share Split basis on May 5, 2022.
Following completion of the Share Split, DeepMarkit's issued and outstanding Common Shares increased from 42,465,707 Common Shares to 169,862,828 Common Shares directly following completion of the Share Split. The Company expects that the Share Split will make its shares more accessible to investors and enhance liquidity for shareholders.
Shareholders do not need to take any action with respect to the share split. All outstanding stock options and share purchase warrants will be adjusted on the same split ratio and the respective exercise prices will be adjusted accordingly. Additional information regarding the Share Split can be found in the Company's previously issued news release dated April 26, 2022.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into non-fungible tokens ("NFTs"). Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. DeepMarkit's wholly owned subsidiary, First Carbon Corp. ("FCC"), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"Ranjeet Sundher, Interim CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements related to the expected timing of the date that the Company expects the Common Shares will resume trading following completion of the Share Split. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. Various factors can cause the actual results to differ materially from those in forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
SOURCE DeepMarkit Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/05/c4685.html
SOURCE: DeepMarkit Corp.
Ranjeet Sundher, Interim CEO, Tel: 403-537-0067, Email: corp@deepmarkit.com, Web:
www.deepmarkit.com, Twitter: @DeepMarkit
COMTEX_406732378/2197/2022-05-05T07:00:00
Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.
Copyright (C) 2022 CNW Group. All rights reserved.
The MarketWatch News Department was not involved in the creation of this content.
$MKTDF DeepMarkit Engages Quantstamp for Security Assessment ServicesPress Release | 06/17/2022
DeepMarkit Engages Quantstamp for Security Assessment Services
Canada NewsWire
CALGARY, AB, June 17, 2022
The Company's Choice of Quantstamp is Driven by the Goal of Maximizing the Enhancement of the Codebase Security in its MintCarbon.io Platform
CALGARY, AB, June 17, 2022 /CNW/ - DeepMarkit Corp., ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens ("NFTs"), is pleased to announce that its wholly owned subsidiary, First Carbon Corp. ("FCC"), has engaged Quantstamp, Inc. ("Quantstamp") via a Statement of Work (the "SOW" or "Agreement") to provide security assessment services related to FCC's MintCarbon.io platform (the "Platform") as well as to enhance codebase security.
DeepMarkit Corp. (TSXV: MKT, OTC: MKTDF, FRA: DEP) (CNW Group/DeepMarkit Corp.)
Pursuant to the SOW, Quantstamp will provide the resources needed to perform a security assessment of the Platform's codebase over a 90-day period. Should any security issues be discovered, Quantstamp will provide findings and options for DeepMarkit and FCC to consider in order to rewrite the code. FCC's obligations under the Agreement are to be responsible for providing access to personnel, content, resources, systems and information as may be needed by Quantstamp to perform the proper assessments and to carry out any improvements.
"We are excited to announce our engagement of Quantstamp to review and ultimately enhance the MintCarbon.io platform's codebase security. It's a wise investment in our technology and in our competitive strategy to ensure that our products and ideas are well designed and protected. We continue to develop the MintCarbon.io platform and are also considering other new innovations to enhance the global carbon offset credit and renewable energy certificate markets," said Ranjeet Sundher, Chief Executive Officer of DeepMarkit.
Quantstamp is a leader in blockchain security and its mission is to secure the decentralized internet. To date, it has protected over $200 billion in digital asset risk from hackers. Start-ups, foundations and other enterprises work with Quantstamp to protect their innovative ideas and products. Quantstamp's services include securing Layer 1 blockchains, securing smart contract powered NFT and DeFi applications as well as developing financial primitives for Layer 1 blockchain ecosystems. With Web3 security more critical than ever, developers are encouraged to test and evaluate codes by engaging with an established third-party security auditor.1 Therefore, DeepMarkit's engagement of Quantstamp through FCC is aligned with its goal of ensuring the security of the Platform for users and stakeholders.
Service Provider Engagement
New Era Publishing Inc. (dba CarbonCredits.com). has been engaged to provide news release coverage, create a custom advertorial email, create an advertorial on CarbonCredits.com and provide other coverage of the Company on CarbonCredits.com. The contract is for a term of four months commencing on June 1, 2022 for a fee of US$180,000. CarbonCredits.com is arm's length to DeepMarkit and carboncredits.com employees may own securities of DeepMarkit but are not allowed to trade during the engagement period. The engagement of CarbonCredits.com is subject to approval by the TSX Venture Exchange.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol. FCC is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC's primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.
On behalf of:
DEEPMARKIT CORP.
"Ranjeet Sundher"
Ranjeet Sundher, Interim CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CAUTIONARY STATEMENT
Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the Company's business and corporate plans including, without limitation, the tokenization of high quality, verified carbon credits. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. Various factors can cause the actual results to differ materially from those in forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.
Endnotes:
"How to Ensure Web3 Security", by Steve Ellis, Office1, June 1, 2022, https://www.office1.com/blog/how-to-ensure-web3-security
SOURCE DeepMarkit Corp.
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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
Stay updated by subscribing to our regular updates.
We're working with industry leading providers to deliver a best-in-class, secure, low-emission experience.
While carbon credits are broadly available, trading is highly inaccessible, opaque, and inefficient. These issues hamper supply, demand and innovation in the markets.
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.
DeepMarkit Corp. is positioned for sustained top-line revenue growth and a revenue 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 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.
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 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.
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 Q3-2022.
As of August 12, 2022 • 1:31 PM ET
Get our latest corporate presentation or view our corporate documents and financial statements by visiting our SEDAR profile.
Stay updated by subscribing to our regular updates.
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