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BlockMint Announces Release of Minter Browser with New Carbon Offset Feature

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Vancouver, British Columbia–(Newsfile Corp. – February 8, 2021) –  BlockMint Technologies Inc. (TSXV: BKMT) (“BlockMint” or the “Company”) (www.blockmint.ai) is pleased to announce that it has released its upgraded, distributed crypto-miner “Minter” which is available to download at getminter.com. The Company is also excited to introduce a new feature of the Minter browser which allows users to earn carbon credits to offset their carbon footprint.

BlockMint’s CEO, Nelson Ijih commented: “We initially designed Minter with the underlying philosophy that everyone should be able to participate in the crypto-economy. We also think it’s important that we all do our part to tackle climate change and preserve our planet for future generations. We are excited to offer users this unique way in which they can help to offset their carbon footprint simply by browsing the internet.

A carbon footprint is basically the total amount of emissions of greenhouse gases (GHG) that a person produces from their daily activities, such as driving a car or taking a flight. It is measured in carbon dioxide equivalents (CO2e) with carbon dioxide being the primary greenhouse gas emitted through human activities. GHG emissions are responsible for global warming, which has led to devasting effects on the planet such as extreme weather events, wildfires and rising sea levels.

Carbon credits (sometimes also referred to as carbon offsets) are generated by projects that reduce or remove GHG emissions. They allow individuals and businesses to offset their emissions with an equivalent reduction or removal of emissions in a sustainable project somewhere else on the planet. The purchase of carbon credits helps finance emission reduction or removal projects that otherwise might not get developed. There can also be additional environmental and socio-economical benefits associated with these projects, such as job creation, water conservation and protection of biodiversity.

The Minter browser allows users to use their spare computing power to mine cryptocurrencies and earn carbon credits to offset their carbon footprint. The browser has a user-friendly, built-in dashboard where a user can control the amount (if any) of computing power on his/her computer that will be used for mining to earn carbon credits. Users bear all mining costs associated with the computing power on their device (electricity costs of operating the user’s device) but benefit from receiving carbon credits purchased with the cryptocurrencies mined. BlockMint will earn a margin on the purchase of the carbon credits.

The Minter browser also provides a virtual private network (VPN) and ad-blocker. Online privacy is a growing concern which is why many are turning to VPNs to protect their identities while browsing. Minter makes it easy to browse safely and in total anonymity. It is estimated that 25% of internet users used a VPN last month, which typically costs around US$10 per month.

This upgraded version of Minter has been initially launched for use on desktops and laptops with a Windows operating system. Support for additional operating systems (MacOS, Linux) will be added later this year. This will be followed by versions of Minter for smartphones and tablets. BlockMint intends to focus on expanding accessibility of the Minter browser this year and, as a result, has decided to pause its development work on its other product MintAccess.

BlockMint also continues to evaluate the possible acquisition of hardware to mine cryptocurrency in-house and augment the cryptocurrency earned via its distributed Minter software app.

About BlockMint Technologies Inc.

BlockMint, through its wholly owned subsidiary, Blockmint (USA) Technologies Inc., develops distributed systems and networks that enable a more decentralized deployment of blockchain based applications such as cryptocurrency mining.

On behalf of
BLOCKMINT TECHNOLOGIES INC.

Nelson Ijih

Nelson Ijih, CEO
[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the business strategy and objectives of BlockMint and updates to Minter. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. There is further no assurance that the Company will be successful in developing, commercializing or profitably operating its new business in the manner described. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73802

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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