1. How does Moss operate in the carbon market?

We work with traditional and tokenized carbon credits

It is important to point out that we work both with traditional carbon credits, and tokenized carbon credits.

Moss has always operated in the traditional market (off-chain) and since September 2020 has started to operate in the tokenized market, on the blockchain, operating in different channels, with digitized marketing strategies and retirement of carbon credits.

You can check our VCU retirement wallet in our public account on Verra:

Verra Registry

The balance and retirement of MCO2 are clarified in section 6 “How does the tokenization of carbon credits work?”

After the projects are implemented and properly verified, the carbon credits are deposited into the accounts indicated by the project developer.

When a client offsets their emissions, the balance of carbon credits must be updated in the credit holder’s account, indicating that they have already been used.

Our history

Moss started out as a brokerage and trading company, strictly in the traditional market.

After a severe due diligence process, we opened brokerage accounts at the two main registries that existed in early 2020: APX and IHS Markit (both were purchased by Verra in April 2020).

We only started offering tokenized carbon credits in September 2020, after 6 months of existence.

During the COVID-19 pandemic, companies have focused on their online stores and closed several of their physical stores. In 2021, when pandemic regularization started, physical stores gained relevance in sales again. Moss went through similar moments: since the sell-off in the crypto markets and the suspension of the possibility of tokenization by the registries, we simply returned to operating in the traditional markets. Therefore, since May 2022, our sales are 100% in the traditional market. We have a flexible and hybrid business model, the virtual closure of the crypto channel since May has not impacted us.