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EnverxUG2023-03-16T18:34:38+05:30

EnverX UG

Marketplace For High-Quality Carbon Credits

EnverX UG is a marketplace that brings together environmental project developers with corporate and retail buyers in a transparent and secure fashion.

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Business Overview

  • The business idea of the project was to create a platform for all the users/parties involved in the process.
  • And enable them to create projects, invest in them, buy the carbon credits, retire or sell them, and trade the platform token.
  • All the function of carbon credits is automated and done via smart contracts.

The Challenge

  • The third-party registries issue the carbon credits to project developers.
  • The verification process was very lengthy and detailed for people developing the project.
  • The current market does not include a platform where project developers can verify, create, and raise funds.
  • Building the platform on-chain and creating/retiring the carbon credits via smart contracts.

Our Solution

  • Secure Platform

    The platform is safe, secure, and transparent, with an easy and fast project onboarding process.

  • Trade & Offset

    Customers can trade by buying and selling carbon credits. They can also offset carbon credits.

  • Quality Control

    Monitoring, Rating, and Verification (MRV) quality control via independent accredited third parties are provided.

  • Environment-Friendly

    EnverX is an environment-friendly (proof of stake) blockchain solution.

  • Fundraising

    It enables fundraising for future carbon projects through sales of future carbon credits.

  • No extra charges

    Offer quality control of carbon credits without the client needing to pay for the expensive due diligence.

Project Features

  • EnverX is a software solution that addresses the supply and demand problem of high-quality carbon credits.
  • It makes the matching between buyers and sellers of carbon credits with full disclosure of the carbon price and without intermediaries.
  • Enables fundraising for future carbon projects through sales of future carbon credits & offers quality control of such credits without the client needing to pay for the expensive due diligence.

Project Outcome

  • SoluLab built a platform where multiple types of users can perform their respective activities and fulfill their purpose.  
  • We provided an efficient process with the journey of carbon credits from creation to retirement/selling.
  • The team at SoluLab created erc1155 and its factory contract to convert the carbon credits into NFT.
  • When retiring, the carbon credits will be disposed of by burning. Subsequently, in the event of selling by burning and converting them into EVX tokens.

Technology Stack

Client Testimonial

“We closely worked with the SoluLab team to create a platform that we envisioned. Converting our ideas and keeping our end-user experience in mind, SoluLab developed an interactive and one-of-a-kind platform that we are proud of.”

Bela Gulacsi

Founder, EnverX UG

Our Offices

Los Angeles

12200 W. Olympic Blvd. Ste.
140 Los Angeles,
CA 90064

+1 (347) 270-8590

New York

575 Broadway (at Prince)
6th Floor, New York,
NY 10012

+1 (347) 270-8590

Canada

2 Simcoe street south,
Oshawa,
ON L1H 8C1

+1 647 782 3114

Australia

Suite 224, Level 2
38 Gawler Place, Adelaide,
SA 5000

+61 8 8220 0001

India

812-816, Time Square 1
Thaltej, Ahmedabad
Gujarat 380059

+91 94270 26888

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