Skip to main content

Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology

Written by Customer Service on . Posted in Public Companies.

TROY, Mich., April 24, 2024 (GLOBE NEWSWIRE) — via IBN – 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 built with an A.I. learning module that can support 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

Wire Service Contact:
IBN
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.