DeepMarkit CEO Ranjeet Sundher hailed the fast progress of the deal as a significant milestone for DeepMarkit’s progress towards the mainstream development of the MintCarbon.io carbon credits platform.
The MintCarbon.io platform creates NFTs that are deposited into the originator’s blockchain wallet, whereby the NFT or token will become a traceable, liquid asset capable of being listed for trading on nearly any decentralised exchange in the world.
Under the terms of the deal, any minting and royalty-based revenues earned by DeepMarkit via Radiance’s referrals will result in a percentage-based sharing arrangement with Radiance.
The deal demonstrates how MintCarbon.io will be used at an early stage, with strategic partners and investors referring projects onto 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.
Graeme is Head of Technology at the Armchair Trader.