SAO PAULO, June 1, 2021 /PRNewswire-PRWeb/ -- MOSS,
creator of the MCO2 token the world's first tokenized carbon
credit, today announced it has completed the acquisition of One
Percent, one of the leading blockchain and tokenization startups in
Brazil.
The announcement represents a fundamental step toward expanding
MOSS's "climate tech" strategy, leveraging technology for
environmental services.
One Percent is a developer of technologies that allow for the
creation of digital assets, including non-fungible tokens (NFTs)
from a blockchain platform. One Percent founders Renan Kruger, Fabio
Junges, André Meirelles, Fausto
Vanin, and Juliano Lazzarotto
become part of the MOSS executive board. Additionally, Renan Kruger will become CTO of MOSS while One
Percent has started to function as a business unit of the
company.
"With the acquisition of One Percent, we are positioning MOSS to
significantly increase our ability to leverage technology and the
blockchain to improve the environment. We expect that the sale of
NFTs will be a major source of funds for MOSS and the environmental
projects we take on," says Luis
Adaime, CEO and founder of MOSS.
"NFTs have experienced rapid growth and we see a continued
market opportunity for them and similar assets for the foreseeable
future. Leveraging that technology is a win for consumers,
ecotourism, and the environment itself,'' says Renan Kruger, CTO of MOSS.
Moss and OnePercent have just released their own NFT portal
called Rarum, focused on providing sustainable NFT collectibles to
the market. MOSS itself has created digital art NFTs in
collaboration with the environmental NGO Onçafari. One MOSS NFT
featuring a jaguar hunting at night can create revenue of
$200,000 USD for the preservation of
jaguars in the Amazon rainforest and is a great example of content
that will be featured on the platform soon.
About MOSS and the MCO2 Token
MOSS is the largest environmental platform in the world. With
global operations and headquartered in Brazil, it started operating in early 2020,
when it launched the first carbon credit-backed token, MCO2, used
to offset carbon footprints. MCO2 is audited by international
institutions and registered with Verra, a foundation that regulates
the global registration of voluntary credits, following a strict
global protocol.
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SOURCE MOSS