Scalable carbon removal market Nori announced the launch of public Web3 platform

It is reported that Nori, the end-to-end scalable carbon removal market, today announced the launch of the public Web3 platform. Through this release, Nori’s carbon removal market moved to Polygon and accepted the USDC. It will support companies and individuals who purchase Nori Removal Tonnes (NRTs) and renewable farmers who provide these NRTs to be completely transparent to the verified carbon removal transaction. Once the NRT is issued, they will remain in the supplier’s wallet as NFT until they are sold, which means that the supplier really owns the carbon they remove until they are sold. At the time of purchase, the NRT of the supplier will be replaced by USDC, and the payment will be received immediately for each sale, regardless of size. These are the basic steps for suppliers to achieve complete transparent real-time tracking of their generated NRT.

Interpretation of this information:

Nori, a carbon removal market, has announced the launch of its Web3 platform, making it the first end-to-end scalable carbon removal market. The platform has moved to Polygon and accepted USDC to support companies and individuals who purchase Nori Removal Tonnes (NRTs). Renewable farmers who provide NRTs will have full transparency in verified carbon removal transactions. When NRTs are issued, they remain in the supplier’s wallet as NFTs until they are sold, indicating that the supplier owns the carbon they removed until they are sold. At the time of purchase, the supplier’s NRT will be replaced by USDC, and the payment will be received immediately for each sale, regardless of the size. This platform allows suppliers to track their generated NRTs in real-time and achieve complete transparency.