Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Hytch Rewards Claims First 700 Tokens on C4Coin Blockchain
  • USA - English


News provided by

GoodEye Public Relations

Jul 31, 2018, 09:00 ET

Share this article

Share toX

Share this article

Share toX

C4Coin
C4Coin

NEW YORK (PRWEB) July 31, 2018 -- CO2KN, developer of carbon-negative blockchain C4Coin, announced that Hytch Rewards will claim 700 of its CO2KN in the genesis block. The Hytch platform will generate carbon offsets based on ride sharing behavior of users.

Companies use the Hytch Rewards platform to incentivize employees and more directly connect them to the organization’s sustainability goals. Hytch buys carbon offsets and retires them on behalf of Hytch users, who see "trees saved" on their iPhone or Android app whenever they carpool, rideshare, or use participating public transit.

“We’re all concerned about the air we breathe,” says Mark Cleveland, CEO of Hytch based in Nashville, TN. “Dirty air quickly gets personal. Climate change is a problem so big that most people disconnect, give up hope or simply can’t see how their everyday actions could be part of saving our planet. We believe everyone wants to do their part, and that’s why the Hytch Reward platform is growing so fast. We recently crossed over 3.0 million documented, shared and rewarded miles - that makes a difference!”

“Claiming these tokens from C4Coin represents our commitment to bringing like-minded companies together to tackle this urgent challenge,” says Cleveland. “We are shifting the debate from arguments about the scope or gravity of our environmental situation to simply and easily rewarding individual efforts to do something about it in the everyday commute.”

C4Coin is a blockchain-based rewards engine for environmentalism. Unlike other carbon credits, 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 their environmentally-conscious decisions.

“How do you get people to think first about carpooling and sharing rides, or make that switch to public transportation?” asks Aidan Krakowsky, CRO of C4Coin. “Hytch created the first universal reward platform to incentivize shared mobility. Working together, we incentivize consumers to make more environmentally friendly transportation decisions.”

CO2KN has opened an invitation to others with valid carbon credit retirement receipts to follow Hytch Rewards’ claim for CO2KNs in the genesis block. “The door is open for anyone to be counted among the earliest adopters of green blockchain technology,” said Krakowsky.

Interested parties should keep an eye out for our upcoming token generation agreement.

About Hytch, LLC
Hytch is a social impact technology platform that inspires and rewards people for ridesharing. Hytching is the single simplest and most cost-effective action people can take to reduce their carbon footprint, help cut crippling traffic congestion and reduce costly parking. Apple and Android smartphones connect to the platform which enables companies and communities to sponsor customized incentives in order to achieve specific objectives such as shifting to off-peak commuting. User’s see in the app “trees saved” as they share rides, and the company buys and retires carbon-credits to certify the carbon savings. Users also earn cash rewards in sponsored markets and will soon convert “trees saved” for Hytch Tokens (based on the CO2KN standard). Hytch Tokens will be exchangeable for online gaming tokens, cryptocurrency or cash. Recognized as a pioneering platform, Nashville, Tennessee-based Hytch received a Congestion Mitigation and Air Quality (CMAQ) grant from the Tennessee Department of Transportation. Hytch also earned the Nashville Technology Council’s Emerging Company of the Year, the Tennessee Governor’s Environmental Stewardship Award and recently, the Sustainable Transportation Award presented by the Tennessee Department of Environment and Conservation. To learn more about Hytch, visit HytchRewards.com.

About C4Coin
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.

Lisa Langsdorf, GoodEye Public Relations, +1 646-828-7415, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.