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OXÏ-ZEN

Switzerland
Market: Other, Blockchain, Artificial Intelligence, Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 09.11.2023
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Idea

Companies can use OXÏ-ZEN's technology to balance their GHG emissions with science-verified carbon capacity of nature-based terrestrial & marine carbon sinks with full financial transparency.

Current Status

Sell-side stocked up and ready (over 50 million MT of carbon sequestration science-verified and ready for sale)
TAO, the digital platform and app, to launch in 8 weeks.
Pilot Swiss-focused emitter-convertor exchange program being conducted.

Awareness-building via in-person events, panel discussions, webinars, newsletters and blogposts.

Problem or Opportunity

1. We go beyond 'carbon credits' to 'science-verified carbon sequestration’
2. We use independent science assessors... Crowther Lab - ETHZ, RESTOR, NASA, ESA and others: the result of which is a globally applicable scientific metric! This means the data can be independently verified!
3. Each one (1) ton of carbon sequestered is a unique data-set, is tokenized as a GAYA, and can be tracked on the blockchain.
4. Each GAYA can only be used ONCE(!!) for carbon-balancing.
5. OXI-ZEN is offering the above 4 USPs in a single digital solution.

Solution (product or service)

6. Intuitive web application, TAO, a digital platform for buyers and sellers to meet, check and transact.
7. Unique Carbon Balance Report to match the carbon footprint of emissions with the carbon sequestration purchased. Identified and traced via QR-code.
8. The Carbon Balance Report and QR-code are great marketing and ESG reporting tools for the buyers (GHG emitters).
9. Sellers (custodians of the carbon sinks) generally have a use of funds programme with SDG-linked (Sustainable Development Goals) projects.

Business model

Independent verification and due process to onboard verified, authentic authorised custodians of carbon sinks.
The Oxï-Zen platform, TAO, for hassle-free B2B transactions directly between seller and buyer.
Clear fee structure on (1) all transactions, (2) at the time of the Carbon Balance.
Other revenue streams include treasury management and portfolio investments of disposable cash.

Incubation/Acceleration programs accomplishment

Venture Kick
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