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XELS is one such eco-conscious blockchain platform that seeks to legitimize carbon markets with DLT. Founded in Hong Kong in 2018, with a team operating primarily out of Tokyo, Japan, the company is tokenizing carbon credits via its eponymous XELS ERC-20 token. The company seeks to offer both compliance and voluntary credits to a worldwide user base — starting with the latter. XELS tokens will be made available to the public via cryptocurrency exchanges, allowing both corporations and individuals to transparently reduce their carbon footprints.
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