CYIOS Corp. (OTC:CYIO) Launches Carbon Offset Marketplace, CarbonCred.Io

BOCA RATON, FL / ACCESSWIRE / May 17, 2023 / CYIOS Corp: (OTC PINK:CYIO), a publicly traded holding company with several subsidiary businesses including Randombly, which is the Company's proprietary NFT marketplace, is pleased to announce CarbonCred.io. CarbonCred.io is a subscription based carbon offset marketplace that empowers businesses and individuals to offset their carbon footprint and support carbon neutrality projects around the world. The marketplace can be found here www.carboncred.io

John O'Shea, Cyios Corp Chairman commented, "We are excited to be launching CarbonCred.io. and be part of a global movement of helping to reduce carbon emissions. Initially, the marketplace has launched with the following carbon offset projects: the Verra Rimba Raya Biodiversity Reserve Project, and the Verra Solar Energy Project by SB Energy Private Limited in India (Project ID 1805). These projects have been reviewed and approved by Verra Verified Carbon Standards. Under the VCS (Verified Carbon Standard) Program, projects are issued unique carbon credits called Verified Carbon Units (VCUs). Each VCU represents the reduction or removal of one ton of carbon dioxide equivalent (CO2e) achieved by a project. VCUs undergo a validation and verification process to ensure quality assurance principles, which are reviewed and approved by Verra."

Mr. O'Shea went on to say, "The carbon offset market can be somewhat confusing for newcomers, and existing web-based tools for calculating emissions are often complex and difficult to use. CarbonCred.io has simplified the process and stands out by providing multiple subscription plans based on the average carbon output in the USA. While individual carbon footprints may vary based on lifestyle and circumstances, any additional offsets made to reduce carbon footprints are beneficial for the environment. The data used for CarbonCred.io plans is sourced from reputable organizations such as the UN, World Bank, Our World In Data, and OECD. For example, one of our initial projects available on CarbonCred.io is the Verra Solar Energy Project by SB Energy Private Limited in India. This project focuses on generating clean electricity through renewable solar energy across three states in India. By contributing to the demand-supply gap of electricity, it aims to displace approximately 43,546,464 tonnes of greenhouse gas emissions over a period of 10 years. The project also creates employment opportunities in the construction and operation of solar farms. Other projects are in the works to bring additional carbon offset options to Carboncred.io."