Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology
24 Abril 2024 - 2:00AM
InvestorsHub NewsWire
Troy, MI -- April 24, 2024 -- InvestorsHub NewsWire -- Axis
Technologies Group, Inc. (OTCMARKETS:
AXTG), a pioneer in digital assets and publicly traded on OTC
Markets, is thrilled to announce a strategic advancement in its
partnership with Carbonis. This collaboration introduces a new
blockchain platform with a DAO governance protocol and the minting
of an initial batch of 50 million CO2e carbon credit tokens by
Carbonis.
This innovative blockchain platform, developed in partnership
with Carbonis, is designed to support the digitization and
governance of carbon credits, reinforcing the commitment both
companies share towards environmental sustainability. The DAO
(Decentralized Autonomous Organization) governance model will
ensure that all stakeholders have a voice in the management of
carbon credits, ensuring transparency and community engagement.
"The minting of the first 50 million CO2e carbon credit tokens
marks a significant milestone for Axis Technologies Group, as it
helps us meet our carbon credits commitment outlined in our August
22, 2022 press release," said Dr. William TiEN, CEO of Axis
Technologies Group. "Our partnership with Save Planet Earth to
digitize and plant 100 million trees with NFTs provided the
foundation for this new venture with Carbonis, which further
extends our impact on ecological health."
Carbonis has issued the first 10 million CO2e of these credits,
exchanged for carbon credits from Axis Technologies Group, setting
a precedent in the market for real-world asset (RWA) digitization
in carbon credits. This exchange not only supports Axis
Technologies Group's sustainability goals but also showcases the
scalability and potential of the new blockchain platform in
environmental asset management.
About Carbonis Inc.,
Carbonis Inc., is a Wyoming state incorporate global carbon
credit transaction platform and marketplace that will enable
the simple, secure, and transparent sale, transfer and creation of
certified carbon credits. The platform is build with A.I. learning
module that can supported global modeling tools in the carbon
rating and carbon credits pricing mechanism. (Visit us here:
https://carbonis.uk)
About Axis Technologies Group, Inc.
Axis Technologies Group, Inc. (OTCMARKETS: AXTG) is a publicly traded holding
company focused on the promotion, development, management and
marketing of various aspects of businesses surrounding all aspects
of digital assets tools. Through acquisitions, strategic
investments, and its current investment holdings, AXTG seeks to
support, develop and take advantage of various A.I. initiated IoT
devices, blockchain and DeFi projects, opportunities and
initiatives (Visit us here: https://axtg.us)
Safe Harbor Statement
This press release may include forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements related to anticipated revenues,
expenses, earnings, operating cash flows, the outlook for markets,
and the demand for products. Forward-looking statements are no
guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to
differ materially from the forward-looking statements. Such
statements are based upon, among other things, assumptions made by,
and information currently available to, management, including
management's own knowledge and assessment of the Company's industry
and competition. The Company assumes no duty to update its
forward-looking statements.
CONTACT:
Axis Technologies Group, Inc.
Twitter: @AXTG2021
www.AXTG.us
ceo@axtg.us
Axis Technologies (PK) (USOTC:AXTG)
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