Carbon offset credits are sometimes purchased through credible third-party project pools and receipts are issued upon purchase. Because these credit pools are comprised of domestic and international projects, monitoring receipts and output claims to ensure compliance can be very difficult.
Additionally, companies looking to buy carbon offset credits often have a difficult time accurately assessing how much carbon dioxide has been sequestered by their efforts.
Therefore, the ability to monitor the portion of daily carbon offset credits earned enables GMax NFT owners to monitor daily progress for verification. This is also a useful tool to either purchase additional credits or to buy and sell on the open carbon offset credit markets, and potentially a gain in value of the NFT itself.