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$SILO Nice News out!! Silo Pharma Announces Positive Results from its Topically Administered Formulation of Ketamine
ENGLEWOOD CLIFFS, N.J, July 27, 2022 (GLOBE NEWSWIRE) -- Silo Pharma, Inc . (OTCQB: SILO), a development-stage biopharmaceutical company today announced that its topically administered Ketamine reached a positive end point in an animal study.
Silo’s formulation reduced mechanical allodynia and hyperalgesia at both the pre-and post-dosing time points, and mechanical hyperalgesia was reduced on day seven at the pre-dose time point. These results indicate that the dosing of Ketamine using a patent protected delivery system with Silo Pharma’s partner, Zylo Therapeutics, yielded positive results in reducing neuropathic nerve pain in a small animal study.
Eric Weisblum, CEO of Silo Pharma, commented, “These positive results of our study show that Silo is able to successfully formulate and deliver ketamine topically at reduced dosage to achieve its endpoint of pain reduction. This data is extremely promising for patients suffering from Fibromyalgia and Rheumatoid Arthritis. Additionally, I am delighted to report that Day seven and Day nine scores averaged zero (no erythema or swelling present) for all groups, which bodes extremely well for our planned toxicology study.”
About Silo Pharma
Silo Pharma. Inc. is a development-stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as PTSD, Parkinson’s, and other rare neurological disorders. Silo’s mission is to identify assets to license and fund the research which we believe will be transformative to the well-being of patients and the healthcare industry. For more information, visit www.silopharma.com
Safe Harbor and Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, and similar expressions that are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Silo Pharma, Inc. (“Silo” or “the Company”) to differ materially from the results expressed or implied by such statements, including changes to anticipated sources of revenues, future economic and competitive conditions, difficulties in developing the Company’s technology platforms, retaining and expanding the Company’s customer base, fluctuations in consumer spending on the Company’s products and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company disclaims any obligations to publicly update or release any revisions to the forward-looking information contained in this presentation, whether as a result of new information, future events, or otherwise, after the date of this presentation or to reflect the occurrence of unanticipated events except as required by law.
Investor Relations Contact:
Hayden IR
Brett Maas
646-536-7331
Email: brett@haydenir.com
https://finance.yahoo.com/news/silo-pharma-announces-positive-results-121500306.html
$SILO Nice News out!! Silo Pharma Announces Positive Results from its Topically Administered Formulation of Ketamine
ENGLEWOOD CLIFFS, N.J, July 27, 2022 (GLOBE NEWSWIRE) -- Silo Pharma, Inc . (OTCQB: SILO), a development-stage biopharmaceutical company today announced that its topically administered Ketamine reached a positive end point in an animal study.
Silo’s formulation reduced mechanical allodynia and hyperalgesia at both the pre-and post-dosing time points, and mechanical hyperalgesia was reduced on day seven at the pre-dose time point. These results indicate that the dosing of Ketamine using a patent protected delivery system with Silo Pharma’s partner, Zylo Therapeutics, yielded positive results in reducing neuropathic nerve pain in a small animal study.
Eric Weisblum, CEO of Silo Pharma, commented, “These positive results of our study show that Silo is able to successfully formulate and deliver ketamine topically at reduced dosage to achieve its endpoint of pain reduction. This data is extremely promising for patients suffering from Fibromyalgia and Rheumatoid Arthritis. Additionally, I am delighted to report that Day seven and Day nine scores averaged zero (no erythema or swelling present) for all groups, which bodes extremely well for our planned toxicology study.”
About Silo Pharma
Silo Pharma. Inc. is a development-stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as PTSD, Parkinson’s, and other rare neurological disorders. Silo’s mission is to identify assets to license and fund the research which we believe will be transformative to the well-being of patients and the healthcare industry. For more information, visit www.silopharma.com
Safe Harbor and Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, and similar expressions that are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Silo Pharma, Inc. (“Silo” or “the Company”) to differ materially from the results expressed or implied by such statements, including changes to anticipated sources of revenues, future economic and competitive conditions, difficulties in developing the Company’s technology platforms, retaining and expanding the Company’s customer base, fluctuations in consumer spending on the Company’s products and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company disclaims any obligations to publicly update or release any revisions to the forward-looking information contained in this presentation, whether as a result of new information, future events, or otherwise, after the date of this presentation or to reflect the occurrence of unanticipated events except as required by law.
Investor Relations Contact:
Hayden IR
Brett Maas
646-536-7331
Email: brett@haydenir.com
https://finance.yahoo.com/news/silo-pharma-announces-positive-results-121500306.html
Good Morning Whales!
Good Morning Whales!
$TGHI .0013 added starter
$ATRX Adhera Therapeutics Signs Letter of Intent to Acquire CD71-Targeted Cancer Therapy Paclitaxel Gallium Transferrin
Baton Rouge, LA, July 19, 2022 (GLOBE NEWSWIRE) -- Adhera Therapeutics, Inc. (OTCQB: ATRX) ("Adhera" or the "Company"), a clinical stage biopharmaceutical company, today announces that the Company has entered a Heads of Terms (also known as a Letter of Intent (“LOI”)) agreement with Bio Innovation Group to acquire Paclitaxel Gallium Transferrin (“PGT”), a novel protein complex for targeted treatment of advanced cancers.
PGT is designed to deliver paclitaxel to cancer cells over-expressing Transferrin Receptor 1, also known as CD71 or TFR1. Paclitaxel is a commercially successful drug approved by the U.S. Food and Drug Administration (“FDA”) in two variations, solvent-based paclitaxel (sb-paclitaxel, brand name Taxol®) and protein-based paclitaxel (nab-paclitaxel, brand name ABRAXANE®). Sb-paclitaxel is approved for breast, ovarian, and lung cancer and Kaposi’s Sarcoma, while nab-paclitaxel is approved for breast, pancreatic, and non-small cell lung cancer. Each are often used off-label for a variety of hard-to-treat solid and liquid tumors.
Gallium nitrate (brand name GANITE®) is FDA-approved for hypercalcemia of malignancy, a common finding in patients with advanced stage cancer. With characteristics similar to iron, gallium has anti-cancer activity and has been shown to have synergistic activity in combination with other anti-cancer drugs.
Transferrin is a human blood protein that functions as an iron transport and natural ligand that binds to CD71-positive cells. Nab-paclitaxel uses albumin as its protein component. Pre-clinical research on PGT suggests that switching the protein component to transferrin could have potential advantages over albumin for developing a new targeted therapy, one that delivers a second, non-cross resistant agent, gallium.
“CD71 is regarded as an optimal target in oncology, yet it has proven elusive to new therapeutics because of its ubiquitous expression on the surface of generic cells, a challenge that we believe PGT could potentially overcome while hitting tumor cells with both paclitaxel and gallium,” commented Andrew Kucharchuk, Chief Executive Officer at Adhera Therapeutics. “Owing to the fact that CD71 is overly expressed on many different refractory tumors, we see an opportunity to develop a strategy that is focused on a specific cancer while simultaneously working to evolve a new drug for a tumor-agnostic secondary indication. PGT is a tremendous value add to our pipeline and we look forward to advancing the research on this promising new therapy.”
While best efforts are anticipated to advance the Heads of Terms agreement to an executed definitive agreement pursuant to which Adhera will acquire PGT, no assurances of such a development are expressed, implied, or guaranteed.
https://finance.yahoo.com/news/adhera-therapeutics-signs-letter-intent-131500161.html
$ATRX on breakout watch..
$ATRX Churning nicely here in the .07s - .08s range, we could see a rebound to test the .12 - .15 level.
Nice LOI News out Last week: Adhera Therapeutics Signs Letter of Intent to Acquire CD71-Targeted Cancer Therapy Paclitaxel Gallium Transferrin.
https://finance.yahoo.com/news/adhera-therapeutics-signs-letter-intent-131500161.html
$ATRX Churning nicely here in the .07s - .08s range, we could see a rebound to test the .12 - .15 level.
Nice LOI News out Last week: Adhera Therapeutics Signs Letter of Intent to Acquire CD71-Targeted Cancer Therapy Paclitaxel Gallium Transferrin
https://finance.yahoo.com/news/adhera-therapeutics-signs-letter-intent-131500161.html
$ATRX Churning nicely here in the .07s - .08s range, we could see a rebound to test the .12 - .15 level.
Nice LOI News out Last week: Adhera Therapeutics Signs Letter of Intent to Acquire CD71-Targeted Cancer Therapy Paclitaxel Gallium Transferrin
https://finance.yahoo.com/news/adhera-therapeutics-signs-letter-intent-131500161.html
Good Morning Whales!
Good Morning Whales!
Good Morning Whales!
Good Morning Whales!
$GTCH interesting drop, putting it on watch..
Good Morning Whales!
Good Morning Whales!
$MKTDF Chart >>> 1 Million Super Low Floater Ready to Breakout!!
https://www.otcmarkets.com/stock/MKTDF/security
$MKTDF Chart >>> 1 Million Super Low Floater Ready to Breakout!!
https://www.otcmarkets.com/stock/MKTDF/security
$MKTDF News out! DeepMarkit Highlights Three Recent Corporate Milestones
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
DeepMarkit Has Committed to Being Net Carbon Negative by the End of 2022
CALGARY, AB, May 18, 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 highlight its most significant recent corporate milestones. First, DeepMarkit recently entered into CAD 20 million buy-side liquidity support agreement with leading Malaysian investment holding company and private equity firm, Radiance Assets Berhad. Second, the Company recently underwent and successfully completed three different scenario-based tests to mint carbon credits into NFTs via its MintCarbon.io platform. The Minting Tests were conducted in order to confirm the core functionality of the MintCarbon.io platform, which is nearing commercial launch. Third, DeepMarkit announced its commitment to become net negative from a carbon footprint perspective ("Net Negative") by the end of 2022, by reducing emissions through operational efficiencies and by retiring carbon offsets.
Radiance Buy-Side Agreement
Pursuant to the Agreement, Radiance has agreed to use best efforts over a two-year term to purchase up to CAD 20,000,000 worth of NFTs or other secure tokens minted on the Company's proprietary MintCarbon.io platform Under the terms of the Agreement, Radiance has agreed to maintain, in readily available funds, a minimum of CAD 5,000,000 towards the purchase of carbon credits that have been minted into NFTs or other secure tokens via the Platform.
Based in Malaysia, Radiance is a diverse investment holding company with a focus on innovative and technologically driven businesses in the areas of Cleantech, Meditech and Fintech. Radiance also has a focus on the environment and solutions that better peoples' lives. Radiance has several classes of funds including a new Agritech fund being launched with an asset value of USD 250 million. As previously announced, Radiance is currently a shareholder of DeepMarkit via recent private placements.
Successful Test of Carbon Credit NFTs on MintCarbon.io
DeepMarkit recently completed three successful minting tests, marking a significant step toward launching the MintCarbon.io platform on a commercial scale. These successful trials included carbon credits from the following projects which were selected to be minted into NFTs:
Fulton County Mud Road Landfill Carbon Project in the United States;
Wind Power Project in Karnataka, India by OMWPL; and
VTRM Renewable Energy Project in Minas Gerais, Brazil.
The Minting Tests consisted of three different scenarios – retirement, claim and hold – and involved the Gold Standard and Verra registries. The Minting Tests, utilizing Polygon's carbon-neutral blockchain, were also designed to evaluate the versatility and ease of use of the MinCarbon.io platform, as well as the compatibility of the MintCarbon.io platform's software with the registries and the blockchain. Once minted, the carbon credit NFTs were then placed for sale on OpenSea.io and Rarible. In each test case, the Company's wholly owned subsidiary, First Carbon Corp. ("FCC"), obtained the underlying carbon credit in its account at the respective registry, with beneficial ownership remaining with each respective owner.
DeepMarkit Commits to Being Net Negative by 2023
DeepMarkit has recently made a commitment to become Net Negative. Given the nature of DeepMarkit's business and its desire to be a catalyst for helping companies decrease their environmental impact by increasing access to carbon offset credits, DeepMarkit considers it important to make the pledge to offset more than 100% of its own emissions. The MintCarbon.io platform allows project developers or holders of existing carbon credits to gain access to the blockchain by minting carbon credits into NFTs. Each registry verified NFT purchased and retired by a buyer from an online NFT marketplace, such as Opensea.io, represents the offset of one tonne of carbon dioxide from the atmosphere. The achievement of DeepMarkit's commitment to becoming Net Negative is subject to DeepMarkit being able to obtain a sufficient amount of carbon credits, either by receiving carbon credits as payment for completing NFT minting transactions, or by purchasing available carbon credit NFTs on the open market.
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, 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.
https://www.newswire.ca/news-releases/deepmarkit-highlights-three-recent-corporate-milestones-841095888.html
$MKTDF News out!! DeepMarkit Highlights Three Recent Corporate Milestones
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
DeepMarkit Has Committed to Being Net Carbon Negative by the End of 2022
CALGARY, AB, May 18, 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 highlight its most significant recent corporate milestones. First, DeepMarkit recently entered into CAD 20 million buy-side liquidity support agreement with leading Malaysian investment holding company and private equity firm, Radiance Assets Berhad. Second, the Company recently underwent and successfully completed three different scenario-based tests to mint carbon credits into NFTs via its MintCarbon.io platform. The Minting Tests were conducted in order to confirm the core functionality of the MintCarbon.io platform, which is nearing commercial launch. Third, DeepMarkit announced its commitment to become net negative from a carbon footprint perspective ("Net Negative") by the end of 2022, by reducing emissions through operational efficiencies and by retiring carbon offsets.
Radiance Buy-Side Agreement
Pursuant to the Agreement, Radiance has agreed to use best efforts over a two-year term to purchase up to CAD 20,000,000 worth of NFTs or other secure tokens minted on the Company's proprietary MintCarbon.io platform Under the terms of the Agreement, Radiance has agreed to maintain, in readily available funds, a minimum of CAD 5,000,000 towards the purchase of carbon credits that have been minted into NFTs or other secure tokens via the Platform.
Based in Malaysia, Radiance is a diverse investment holding company with a focus on innovative and technologically driven businesses in the areas of Cleantech, Meditech and Fintech. Radiance also has a focus on the environment and solutions that better peoples' lives. Radiance has several classes of funds including a new Agritech fund being launched with an asset value of USD 250 million. As previously announced, Radiance is currently a shareholder of DeepMarkit via recent private placements.
Successful Test of Carbon Credit NFTs on MintCarbon.io
DeepMarkit recently completed three successful minting tests, marking a significant step toward launching the MintCarbon.io platform on a commercial scale. These successful trials included carbon credits from the following projects which were selected to be minted into NFTs:
Fulton County Mud Road Landfill Carbon Project in the United States;
Wind Power Project in Karnataka, India by OMWPL; and
VTRM Renewable Energy Project in Minas Gerais, Brazil.
The Minting Tests consisted of three different scenarios – retirement, claim and hold – and involved the Gold Standard and Verra registries. The Minting Tests, utilizing Polygon's carbon-neutral blockchain, were also designed to evaluate the versatility and ease of use of the MinCarbon.io platform, as well as the compatibility of the MintCarbon.io platform's software with the registries and the blockchain. Once minted, the carbon credit NFTs were then placed for sale on OpenSea.io and Rarible. In each test case, the Company's wholly owned subsidiary, First Carbon Corp. ("FCC"), obtained the underlying carbon credit in its account at the respective registry, with beneficial ownership remaining with each respective owner.
DeepMarkit Commits to Being Net Negative by 2023
DeepMarkit has recently made a commitment to become Net Negative. Given the nature of DeepMarkit's business and its desire to be a catalyst for helping companies decrease their environmental impact by increasing access to carbon offset credits, DeepMarkit considers it important to make the pledge to offset more than 100% of its own emissions. The MintCarbon.io platform allows project developers or holders of existing carbon credits to gain access to the blockchain by minting carbon credits into NFTs. Each registry verified NFT purchased and retired by a buyer from an online NFT marketplace, such as Opensea.io, represents the offset of one tonne of carbon dioxide from the atmosphere. The achievement of DeepMarkit's commitment to becoming Net Negative is subject to DeepMarkit being able to obtain a sufficient amount of carbon credits, either by receiving carbon credits as payment for completing NFT minting transactions, or by purchasing available carbon credit NFTs on the open market.
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, 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.
https://www.newswire.ca/news-releases/deepmarkit-highlights-three-recent-corporate-milestones-841095888.html
$MKTDF News out!! DeepMarkit Highlights Three Recent Corporate Milestones
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
DeepMarkit Has Committed to Being Net Carbon Negative by the End of 2022
CALGARY, AB, May 18, 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 highlight its most significant recent corporate milestones. First, DeepMarkit recently entered into CAD 20 million buy-side liquidity support agreement with leading Malaysian investment holding company and private equity firm, Radiance Assets Berhad. Second, the Company recently underwent and successfully completed three different scenario-based tests to mint carbon credits into NFTs via its MintCarbon.io platform. The Minting Tests were conducted in order to confirm the core functionality of the MintCarbon.io platform, which is nearing commercial launch. Third, DeepMarkit announced its commitment to become net negative from a carbon footprint perspective ("Net Negative") by the end of 2022, by reducing emissions through operational efficiencies and by retiring carbon offsets.
Radiance Buy-Side Agreement
Pursuant to the Agreement, Radiance has agreed to use best efforts over a two-year term to purchase up to CAD 20,000,000 worth of NFTs or other secure tokens minted on the Company's proprietary MintCarbon.io platform Under the terms of the Agreement, Radiance has agreed to maintain, in readily available funds, a minimum of CAD 5,000,000 towards the purchase of carbon credits that have been minted into NFTs or other secure tokens via the Platform.
Based in Malaysia, Radiance is a diverse investment holding company with a focus on innovative and technologically driven businesses in the areas of Cleantech, Meditech and Fintech. Radiance also has a focus on the environment and solutions that better peoples' lives. Radiance has several classes of funds including a new Agritech fund being launched with an asset value of USD 250 million. As previously announced, Radiance is currently a shareholder of DeepMarkit via recent private placements.
Successful Test of Carbon Credit NFTs on MintCarbon.io
DeepMarkit recently completed three successful minting tests, marking a significant step toward launching the MintCarbon.io platform on a commercial scale. These successful trials included carbon credits from the following projects which were selected to be minted into NFTs:
Fulton County Mud Road Landfill Carbon Project in the United States;
Wind Power Project in Karnataka, India by OMWPL; and
VTRM Renewable Energy Project in Minas Gerais, Brazil.
The Minting Tests consisted of three different scenarios – retirement, claim and hold – and involved the Gold Standard and Verra registries. The Minting Tests, utilizing Polygon's carbon-neutral blockchain, were also designed to evaluate the versatility and ease of use of the MinCarbon.io platform, as well as the compatibility of the MintCarbon.io platform's software with the registries and the blockchain. Once minted, the carbon credit NFTs were then placed for sale on OpenSea.io and Rarible. In each test case, the Company's wholly owned subsidiary, First Carbon Corp. ("FCC"), obtained the underlying carbon credit in its account at the respective registry, with beneficial ownership remaining with each respective owner.
DeepMarkit Commits to Being Net Negative by 2023
DeepMarkit has recently made a commitment to become Net Negative. Given the nature of DeepMarkit's business and its desire to be a catalyst for helping companies decrease their environmental impact by increasing access to carbon offset credits, DeepMarkit considers it important to make the pledge to offset more than 100% of its own emissions. The MintCarbon.io platform allows project developers or holders of existing carbon credits to gain access to the blockchain by minting carbon credits into NFTs. Each registry verified NFT purchased and retired by a buyer from an online NFT marketplace, such as Opensea.io, represents the offset of one tonne of carbon dioxide from the atmosphere. The achievement of DeepMarkit's commitment to becoming Net Negative is subject to DeepMarkit being able to obtain a sufficient amount of carbon credits, either by receiving carbon credits as payment for completing NFT minting transactions, or by purchasing available carbon credit NFTs on the open market.
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, 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.
https://www.newswire.ca/news-releases/deepmarkit-highlights-three-recent-corporate-milestones-841095888.html
$IGEX .0074 HOD nice move so far, news coming this Thursday per company twitter.
$MKTDF News!! DeepMarkit Leverages Polygon’s Technology to Bring Carbon Credit Holders onto the Blockchain
Polygon’s Technology is Empowering the Company’s MintCarbon.io Platform Through its Carbon-Neutral Blockchain Network
DeepMarkit is Collaborating with Polygon for Technical and Business Support to Enhance the MintCarbon.io Platform
Polygon’s Blockchain Can Process up to 65,000 Transactions per Second with Fees Costing Less than a Fraction of a Cent
Calgary, Canada – May 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 it has entered into a strategic collaborative arrangement (the "Collaboration") with Polygon, Inc. (MATIC) (“Polygon”), which is an Ethereum scaling platform onboarding millions to Web3. DeepMarkit will leverage the power of Polygon’s carbon-neutral network to enable the minting of carbon credits into NFTs on the blockchain via the Company’s MintCarbon.io platform, anticipated to launch by the end of May, 2022.
Under the Collaboration, DeepMarkit expects to benefit from Polygon’s technical and business support for the entire MintCarbon.io platform. Polygon Studios, an organization onboarding brands, developers, and creators to Web3 through investment, marketing, and community support, will provide cross-promotional assistance for MintCarbon.io by identifying opportunities for other collaborations with new potential clients. Polygon is the infrastructure development solution of choice for token minting platforms such as MintCarbon.io because it is secure, fast, and energy-efficient Polygon’s blockchain enables single or small batch transfers or retirements of carbon credit NFTs to be economically viable as compared to on the Ethereum blockchain, where high transaction fees mean that only large batch transfers or retirements can be completed at a reasonable cost.
Polygon’s consensus mechanism, which is the way that transactions are written to the blockchain, is proof-of-stake thereby making it a low emission solution compared to other blockchains like Bitcoin or Ethereum. Polygon recently became carbon-neutral, and has committed to going ‘carbon negative’ in 2022, which aligns strongly with DeepMarkit’s values.
Polygon is a layer-2 scaling solution that works on top of the Ethereum blockchain According to Polygon, it can process up to 65,000 transactions per second with fees costing less than a fraction of a cent, plus network fees. By processing batches of transactions on its proprietary blockchain, Polygon enables cost-effective and fast transaction turnaround times. More information about Polygon can be accessed on its website via the following link: https://polygon.technology/
Management Commentary
Jaslyn Wang, APAC Growth at Polygon said, “DeepMarkit’s delivery of MintCarbon.io’s carbon offset token platform produces a great synthesis with Polygon and our sustainability goals. Minting carbon offset NFTs to build out a more accessible carbon offset market also aligns with Polygon’s broader ambition to furnish environmental-focused projects with the tools they need to thrive."
“Establishing a strategic relationship with Polygon was an easy decision for DeepMarkit and it is enabling our MintCarbon.io platform to handle higher transaction volumes at a lower cost. In recent years, scalability issues plagued many cryptocurrency and blockchain projects, but Polygon has developed a solution via its product suite for efficiently scaling Ethereum applications. With the launch of MintCarbion.io drawing near, this Collaboration is ultimately expected to benefit current offset holders who are waiting to come onto our platform and projects generating new carbon offset credits worldwide on an ongoing basis,” added Ranjeet Sundher, Interim CEO of DeepMarkit.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on transitioning the global carbon offset market to the more accessible digital economy 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, Interim CEO
For more information, please contact:
Ranjeet Sundher, Interim CEO
Tel: 403-537-0067
Email: corp@deepmarkit.com
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.
https://www.deepmarkit.com/news/deepmarkit-leverages-polygons-technology-to-bring-carbon-credit-holders-onto-the-blockchain
$MKTDF News!! DeepMarkit Leverages Polygon’s Technology to Bring Carbon Credit Holders onto the Blockchain
Polygon’s Technology is Empowering the Company’s MintCarbon.io Platform Through its Carbon-Neutral Blockchain Network
DeepMarkit is Collaborating with Polygon for Technical and Business Support to Enhance the MintCarbon.io Platform
Polygon’s Blockchain Can Process up to 65,000 Transactions per Second with Fees Costing Less than a Fraction of a Cent
Calgary, Canada – May 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 it has entered into a strategic collaborative arrangement (the "Collaboration") with Polygon, Inc. (MATIC) (“Polygon”), which is an Ethereum scaling platform onboarding millions to Web3. DeepMarkit will leverage the power of Polygon’s carbon-neutral network to enable the minting of carbon credits into NFTs on the blockchain via the Company’s MintCarbon.io platform, anticipated to launch by the end of May, 2022.
Under the Collaboration, DeepMarkit expects to benefit from Polygon’s technical and business support for the entire MintCarbon.io platform. Polygon Studios, an organization onboarding brands, developers, and creators to Web3 through investment, marketing, and community support, will provide cross-promotional assistance for MintCarbon.io by identifying opportunities for other collaborations with new potential clients. Polygon is the infrastructure development solution of choice for token minting platforms such as MintCarbon.io because it is secure, fast, and energy-efficient Polygon’s blockchain enables single or small batch transfers or retirements of carbon credit NFTs to be economically viable as compared to on the Ethereum blockchain, where high transaction fees mean that only large batch transfers or retirements can be completed at a reasonable cost.
Polygon’s consensus mechanism, which is the way that transactions are written to the blockchain, is proof-of-stake thereby making it a low emission solution compared to other blockchains like Bitcoin or Ethereum. Polygon recently became carbon-neutral, and has committed to going ‘carbon negative’ in 2022, which aligns strongly with DeepMarkit’s values.
Polygon is a layer-2 scaling solution that works on top of the Ethereum blockchain According to Polygon, it can process up to 65,000 transactions per second with fees costing less than a fraction of a cent, plus network fees. By processing batches of transactions on its proprietary blockchain, Polygon enables cost-effective and fast transaction turnaround times. More information about Polygon can be accessed on its website via the following link: https://polygon.technology/
Management Commentary
Jaslyn Wang, APAC Growth at Polygon said, “DeepMarkit’s delivery of MintCarbon.io’s carbon offset token platform produces a great synthesis with Polygon and our sustainability goals. Minting carbon offset NFTs to build out a more accessible carbon offset market also aligns with Polygon’s broader ambition to furnish environmental-focused projects with the tools they need to thrive."
“Establishing a strategic relationship with Polygon was an easy decision for DeepMarkit and it is enabling our MintCarbon.io platform to handle higher transaction volumes at a lower cost. In recent years, scalability issues plagued many cryptocurrency and blockchain projects, but Polygon has developed a solution via its product suite for efficiently scaling Ethereum applications. With the launch of MintCarbion.io drawing near, this Collaboration is ultimately expected to benefit current offset holders who are waiting to come onto our platform and projects generating new carbon offset credits worldwide on an ongoing basis,” added Ranjeet Sundher, Interim CEO of DeepMarkit.
ABOUT DEEPMARKIT
DeepMarkit Corp. is a company focused on transitioning the global carbon offset market to the more accessible digital economy 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, Interim CEO
For more information, please contact:
Ranjeet Sundher, Interim CEO
Tel: 403-537-0067
Email: corp@deepmarkit.com
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.
https://www.deepmarkit.com/news/deepmarkit-leverages-polygons-technology-to-bring-carbon-credit-holders-onto-the-blockchain
$IGEX Twitter Update : Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again.
Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again. https://t.co/R9AhElbdgJ
— $IGEX The Mineral Company (@IGEX_Official) May 17, 2022
$IGEX Twitter Update - Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again.
Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again. https://t.co/R9AhElbdgJ
— $IGEX The Mineral Company (@IGEX_Official) May 17, 2022
$IGEX Twitter Update - Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again.
Just landed to Europe from the USA. Great business trip for $IGEX. My sincere apologies for the delay in filing the PR. We'll do it for sure next Thursday 100% guaranteed. WE WILL NOT DISAPPOINT ANYONE. Sorry again. https://t.co/R9AhElbdgJ
— $IGEX The Mineral Company (@IGEX_Official) May 17, 2022
$IGEX GL..
$MKTDF CARBON MARKETS ARE APPROACHING A TRILLION DOLLAR VALUATION and DeepMarkit is facilitating their transition to the digital economy..
https://techmarketstoday.com/global-carbon-market/?utm_source=pb&utm_medium=affiliate&utm_campaign=mktdf
$MKTDF CARBON MARKETS ARE APPROACHING A TRILLION DOLLAR VALUATION and DeepMarkit is facilitating their transition to the digital economy.
https://techmarketstoday.com/global-carbon-market/?utm_source=pb&utm_medium=affiliate&utm_campaign=mktdf
$MKTDF CARBON MARKETS ARE APPROACHING A TRILLION DOLLAR VALUATION and DeepMarkit is facilitating their transition to the digital economy.
https://techmarketstoday.com/global-carbon-market/?utm_source=pb&utm_medium=affiliate&utm_campaign=mktdf
$MKTDF CARBON MARKETS ARE APPROACHING A TRILLION DOLLAR VALUATION and DeepMarkit is facilitating their transition to the digital economy.
https://techmarketstoday.com/global-carbon-market/?utm_source=pb&utm_medium=affiliate&utm_campaign=mktdf