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Metasphere Labs Inc. Completes Development of Pure Sky’s Native Blockchain Carbon Credit Registry

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Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) has completed the development of Pure Sky Registry 's blockchain-based carbon credit registry. This native blockchain solution follows ISO 14000 carbon offsetting standards and includes features like on-chain voting for DAO members. Unlike most ReFi projects that tokenize legacy carbon credits, Pure Sky's platform is built natively on the blockchain, offering enhanced transparency, efficiency, and security in carbon credit management.

Metasphere, leveraging its Web3 expertise, developed key components of the platform, ensuring seamless functionality and a user-friendly interface. The project aligns with Metasphere's mission of applying Web3 technologies to address global challenges like sustainability and climate change. Both Metasphere's CEO, Natasha Ingram, and Pure Sky's Managing Director, Marty Seymour, expressed enthusiasm about the project's potential to revolutionize carbon credit tracking and management.

Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) ha completato lo sviluppo del registro dei crediti di carbonio basato su blockchain di Pure Sky Registry. Questa soluzione nativa basata su blockchain segue gli standard di compensazione del carbonio ISO 14000 e include funzionalità come votazione on-chain per i membri del DAO. A differenza della maggior parte dei progetti ReFi che tokenizzano crediti di carbonio legacy, la piattaforma di Pure Sky è costruita nativamente sulla blockchain, offrendo una maggiore trasparenza, efficienza e sicurezza nella gestione dei crediti di carbonio.

Metasphere, sfruttando la sua esperienza nel Web3, ha sviluppato componenti chiave della piattaforma, assicurando funzionalità senza soluzione di continuità e un'interfaccia user-friendly. Il progetto è in linea con la missione di Metasphere di applicare le tecnologie Web3 per affrontare le sfide globali come la sostenibilità e il cambiamento climatico. Sia il CEO di Metasphere, Natasha Ingram, che il Direttore Generale di Pure Sky, Marty Seymour, hanno espresso entusiasmo riguardo al potenziale del progetto di rivoluzionare il tracciamento e la gestione dei crediti di carbonio.

Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) ha completado el desarrollo del registro de créditos de carbono basado en blockchain de Pure Sky Registry. Esta solución nativa basada en blockchain sigue los estándares de compensación de carbono ISO 14000 e incluye características como votación en cadena para los miembros del DAO. A diferencia de la mayoría de los proyectos ReFi que tokenizan créditos de carbono heredados, la plataforma de Pure Sky está construida de forma nativa sobre la blockchain, ofreciendo una mayor transparencia, eficiencia y seguridad en la gestión de créditos de carbono.

Metasphere, aprovechando su experiencia en Web3, desarrolló componentes clave de la plataforma, asegurando una funcionalidad fluida y una interfaz fácil de usar. El proyecto está alineado con la misión de Metasphere de aplicar tecnologías Web3 para abordar los desafíos globales como la sostenibilidad y el cambio climático. Tanto la CEO de Metasphere, Natasha Ingram, como el Director General de Pure Sky, Marty Seymour, expresaron entusiasmo por el potencial del proyecto para revolucionar el seguimiento y la gestión de créditos de carbono.

메타스피어 랩스 주식회사 (CSE: LABZ) (OTC: LABZF)가 순수 하늘 레지스트리의 블록체인 기반 탄소 크레딧 레지스트리 개발을 완료했습니다. 이 네이티브 블록체인 솔루션은 ISO 14000 탄소 오프셋 기준을 따르며 DAO 회원을 위한 온체인 투표와 같은 기능을 포함하고 있습니다. 대부분의 ReFi 프로젝트가 기존 탄소 크레딧을 토큰화하는 것과 달리, Pure Sky의 플랫폼은 블록체인에 네이티브로 구축되어 탄소 크레딧 관리에서 더 나은 투명성, 효율성 및 보안을 제공합니다.

메타스피어는 Web3 전문성을 활용하여 플랫폼의 핵심 구성 요소를 개발했으며, 원활한 기능성과 사용자 친화적인 인터페이스를 보장합니다. 이 프로젝트는 지속 가능성과 기후 변화와 같은 글로벌 문제를 해결하기 위해 Web3 기술을 적용하는 메타스피어의 미션과 일치합니다. 메타스피어의 CEO인 나타샤 잉그램과 Pure Sky의 전무인 마르티 시모어는 프로젝트가 탄소 크레딧 추적 및 관리를 혁신할 잠재력에 대해 열정을 나타냈습니다.

Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) a terminé le développement du registre des crédits carbone basé sur blockchain de Pure Sky Registry. Cette solution native basée sur blockchain suit les normes de compensation carbone ISO 14000 et comprend des fonctionnalités telles que voting on-chain pour les membres du DAO. Contrairement à la plupart des projets ReFi qui tokenisent les crédits carbone hérités, la plateforme de Pure Sky est construite nativement sur la blockchain, offrant une meilleure transparence, efficacité et sécurité dans la gestion des crédits carbone.

Metasphere, tirant parti de son expertise en Web3, a développé des composants clés de la plateforme, garantissant une fonctionnalité sans faille et une interface conviviale. Le projet s'inscrit dans la mission de Metasphere d'appliquer les technologies Web3 pour relever des défis mondiaux tels que la durabilité et le changement climatique. Tant le PDG de Metasphere, Natasha Ingram, que le Directeur Général de Pure Sky, Marty Seymour, ont exprimé leur enthousiasme quant au potentiel du projet de révolutionner le suivi et la gestion des crédits carbone.

Metasphere Labs Inc. (CSE: LABZ) (OTC: LABZF) hat die Entwicklung des blockchain-basierten CO2-Gutschriftenregisters von Pure Sky Registry abgeschlossen. Diese native Blockchain-Lösung folgt den ISO 14000 Standards für CO2-Kompensation und enthält Funktionen wie On-Chain-Abstimmungen für DAO-Mitglieder. Im Gegensatz zu den meisten ReFi-Projekten, die Legacy-CO2-Gutschriften tokenisieren, ist die Plattform von Pure Sky nativ auf der Blockchain aufgebaut und bietet verbesserte Transparenz, Effizienz und Sicherheit im Management von CO2-Gutschriften.

Metasphere hat mit seiner Web3-Expertise zentrale Komponenten der Plattform entwickelt und damit eine reibungslose Funktionalität sowie eine benutzerfreundliche Schnittstelle sichergestellt. Das Projekt steht im Einklang mit Metaspheres Mission, Web3-Technologien zur Bewältigung globaler Herausforderungen wie Nachhaltigkeit und Klimawandel einzusetzen. Sowohl die CEO von Metasphere, Natasha Ingram, als auch der Geschäftsführer von Pure Sky, Marty Seymour, äußerten sich begeistert über das Potenzial des Projekts, die Verfolgung und Verwaltung von CO2-Gutschriften zu revolutionieren.

Positive
  • Successful completion of Pure Sky's blockchain-based carbon credit registry
  • Native blockchain solution following ISO 14000 carbon offsetting standards
  • Inclusion of on-chain voting for DAO members, enhancing governance transparency
  • Potential to revolutionize carbon credit tracking and management
Negative
  • None.

VANCOUVER, British Columbia, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (“Metasphere” or the “Company”) (CSE: LABZ ) (OTC: LABZF) (FRA: H1N) , a leader in metaverse and Web3 strategies, is pleased to announce the successful completion of the development of Pure Sky Registry LLC’s (“Pure Sky”) blockchain-based carbon credit registry. This marks a significant milestone in leveraging blockchain technology to enhance transparency, efficiency, and security in carbon credit management.

While most ReFi (Regenerative Finance) carbon credit projects focus on tokenizing legacy carbon credits, Pure Sky’s solution is built natively on the blockchain, following ISO 14000 carbon offsetting standards. This fully integrated approach offers a seamless and robust system designed for the future of environmental sustainability. The solution includes critical features, such as on-chain voting for DAO (Decentralized Autonomous Organization) members, allowing for transparent governance and decision-making among stakeholders.

Metasphere, drawing on its deep expertise in Web3 solutions, was tasked with building some of the key components of the Pure Sky platform. These components will ensure seamless functionality while offering a user-friendly interface that significantly enhances carbon credit tracking and verifiability. The project is aligned with Metasphere’s mission of applying Web3 technologies to improve social coordination in addressing global challenges such as sustainability and climate change.

Natasha Ingram, CEO of Metasphere Labs Inc., expressed her enthusiasm for the project's completion:

"We're thrilled to deliver this solution for Pure Sky, which is setting new standards for carbon credit management. At Metasphere, we believe in the transformative potential of Web3 in driving positive global change, particularly in addressing climate change. By having helped to develop a native blockchain-based solution, we are not only innovating but also laying the foundation for a more sustainable future."

Marty Seymour, Managing Director of Pure Sky, added:

"As a software development firm with Web3 expertise, Metasphere has enabled us to develop a platform that goes beyond tokenizing legacy systems. By integrating blockchain technology from the ground up and adhering to ISO 14000 standards, we are creating a more transparent, secure, and efficient way to track and manage carbon credits. This could revolutionize how companies track their emissions and contribute to global sustainability efforts."

The successful delivery of the Pure Sky platform underscores the commitment both companies have to leveraging Web3 technologies for environmental benefits. This platform will provide organizations and industries worldwide with an advanced tool to manage carbon credits while adhering to global standards for carbon offsetting. We are very happy with our decision of having hired Metasphere.

About Metasphere Labs Inc.

Metasphere Labs Inc. is a leading developer of Web3 and metaverse strategies. The company specializes in integrating blockchain technology into real-world applications, with a focus on environmental sustainability and social impact. Metasphere is passionate about applying decentralized solutions to some of the most pressing challenges of our time.

About Pure Sky Registry LLC

Pure Sky is a Web3 Carbon Credit Registry that aims to revolutionize how carbon credits are tracked, managed, and traded. Built natively on blockchain technology and aligned with ISO 14000 carbon offsetting standards, Pure Sky offers a secure, transparent, and efficient platform for organizations to manage carbon credits and reduce their environmental footprint.

For more information, please contact:
Metasphere Labs Inc.
Natasha Ingram, CEO
info@metasphere.earth

Forward-Looking Information

This news release contains "forward-looking statements." Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, the development of the carbon credit protocol initiative, other open metaverse projects and the development of virtual world projects.

The material assumptions supporting these forward-looking statements include, among others, that: the Company could mitigate the risks associated with the blockchain and NFT industry; the ability to compete with other businesses in the NFT, metaverse and blockchain markets; the availability of sufficient funding to carry out the Company's business development plans; favourable market conditions; and the market acceptance for its products.

Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the continued growth and adoption of NFT, metaverse and blockchain offerings; the cost of developing and designing NFTs and metaverses is economically viable; the Company being able to attract and retain a sufficient workforce with desired skillsets to develop the Company's digital offerings; the availability of offerings provided by third-parties in the NFT, metaverse development and online gaming market to identify potential transactions; the increasing adoption of NFTs as a solution for various online gaming, entertainment and collectible uses; the Company having the ability to mitigate the risks associated with the blockchain and NFT industry; and the ability to compete with other businesses in the NFT, metaverse development, content creation and collectibles market.

Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. These forward-looking statements are only predictions and involve known and unknown risks, uncertainties and other factors, including: the risk that the Company's offerings are not accepted by the consumer, the risk that other competitors may offer similar digital offerings; the risk that there may be negative changes in general economic and business conditions; the risk that the Company may have negative operating cash flow and not enough capital to complete the development of any of its technologies; the risk that the Company may not be able to obtain additional financing as necessary; the risk that there may be increases in capital and operating costs; the risk that the NFT technology may be subject to fraud and other failures; the risk that there may be technological changes and developments in the blockchain that make the NFT solutions obsolete; risks relating to regulatory changes or actions which may impede the development or operation of the blockchain solutions; the risk that other competitors may release similar blockchain offerings; the potential future unviability of the NFT market in general; the volatile cost of the amount of computational effort required to execute specific operations on the blockchain, and other general risks involved in the blockchain solutions.

Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials, including its reports filed with the Canadian securities regulators and which can be obtained from www.sedarplus.ca.

Any of these risks may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Further, although the Company has attempted to identify factors that could cause actual results, levels of activity, performance or achievements to differ materially from those described in forward-looking statements, there may be other factors that cause results, levels of activity, performance or achievements not to be as anticipated, estimated or intended. These forward- looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. The Company does not assume any liability for disclosure relating to any other company mentioned herein.

SOURCE: METASPHERE LABS INC.


FAQ

What has Metasphere Labs Inc. (LABZF) recently completed?

Metasphere Labs Inc. (LABZF) has recently completed the development of Pure Sky Registry 's blockchain-based carbon credit registry.

How does Pure Sky's carbon credit registry differ from other ReFi projects?

Unlike most ReFi projects that tokenize legacy carbon credits, Pure Sky's solution is built natively on the blockchain, following ISO 14000 carbon offsetting standards.

What key feature does the Pure Sky platform include for governance?

The Pure Sky platform includes on-chain voting for DAO (Decentralized Autonomous Organization) members, allowing for transparent governance and decision-making among stakeholders.

How might Metasphere's development of Pure Sky's platform impact carbon credit management?

The platform could revolutionize how companies track their emissions and contribute to global sustainability efforts by providing a more transparent, secure, and efficient way to track and manage carbon credits.

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