NEW YORK (PRWEB) September 13, 2018
CO2KN, Inc., developer of carbon-negative blockchain C4Coin, announces a partnership with Carbon Credit Capital, a carbon-offset brokerage with over a decade of experience in the field. The partnership will allow everyday individuals to receive carbon credit tokens (CO2KNs) and participate in mining C4Coin through green network consensus.
Anyone who has purchased and retired carbon credits in an existing carbon registry can submit valid retirement receipts to claim their CO2KNs during the two claim periods lasting from September 18th to October 2nd, 2018 and October 15th to November 9th, 2018. This event will help modernize carbon trading while including people who already participate in existing markets.
“Carbon markets are challenging for everyday consumers,” said Reed Shapiro, Director, Business Development at Carbon Credit Capital. “C4Coin’s token system streamlines the process of carbon offsetting so you don’t have to be an expert, or have a huge balance sheet to make an impact. What’s more exciting is the fact that people and organizations can now get financially rewarded for taking climate action, as opposed to seeing climate action as an economic burden.”
Integrating with CCC will enable new market entrants, especially individual consumers. CCC will leverage its experience to provide seamless carbon credit retirement transactions via https://www.c4coin.org, which will immediately be converted into CO2KN.
Unlike other carbon credits, these CO2KNs can be used to mine C4Coin, a crypto-asset similar to Ether. This process is the first viable opportunity for everyday consumers to get paid for taking action to reduce emissions.
“We couldn’t be more excited to announce our Token Generation Event with CCC,” said Dylan Penn, COO at C4Coin. “This event marks a big step in making it profitable for individuals to fight climate change.”
With your help, we can build an economy that properly values environmental protection. Partnering with CCC enables interested individuals to join the network and puts us on a direct path towards that goal.
About CCC: Carbon Credit Capital is a carbon footprint and carbon offset management firm based in Manhattan with over 10 years of experience in voluntary carbon markets as a carbon offset project developer, broker, and service provider. CCC provides services in carbon offset project development advisory, Life-Cycle Assessment for products and services, wholesale brokerage transactions, and carbon neutrality certification for products and services. CCC works every day to make the cost of reducing carbon emissions more affordable, and the action of doing so more accessible. We are committed to finding innovative and creative ways to link finance to climate action.
C4Coin is building a carbon-negative blockchain. The C4Coin network rewards individuals and businesses for protecting the environment by incentivizing the retirement of voluntary carbon credits. C4Coin uses a two-token blockchain model where CO2KNs are equivalent to one carbon credit (1 metric ton of carbon or equivalent offset) and C4Coins function as traditional crypto-assets. An innovative Proof-of-Burn consensus mechanism links the creation of C4Coins to the staking and burning of CO2KNs. Because carbon credits must be retired to earn C4Coins, use of the C4Coin network leads to emissions reductions. Find out more about C4Coin at C4Coin.org.