Enrex

Enrex is a platform focused on environmental sustainability within the digital asset space, founded in 2021 and headquartered in Vilnius, Lithuania. The company provides solutions for businesses, particularly in the cryptocurrency sector, to offset their carbon emissions. Enrex's core service involves a platform where users can calculate their carbon footprint and then purchase, sell, and use government-mandated renewable energy certificates (RECs) and CO2 allowances to neutralize it. This is facilitated through tokenization, where environmental certificates are converted into digital assets on the Solana blockchain, making them traceable and tradable with cryptocurrency.

The company's business model centers on charging fees for transactions conducted on its platform, including exchange, offsetting, and API services, which are paid using its native $ENRX token. A portion of these collected fees is distributed to token holders who stake their $ENRX, while another part is allocated to the company treasury for development and a percentage is burned to reduce the total supply. Enrex targets a diverse client base, including crypto exchanges, NFT marketplaces, cryptocurrency miners, and individual retail investors. Its product suite includes a decentralized application (dApp) for offsetting, a Green Web Widget to make website activity carbon-neutral, and services to offset NFT projects. The platform aims to bridge the gap between regulated environmental markets and decentralized finance (DeFi), allowing crypto-native businesses to engage in carbon offsetting without navigating traditional financial systems.

Keywords: carbon offsetting, renewable energy certificates, crypto sustainability, tokenized carbon credits, green crypto, environmental markets, decentralized finance, CO2 allowances, blockchain, Solana, NFT offsetting, climate tech, green web, carbon footprint calculator, $ENRX, crypto climate accord, DeFi, eco-friendly crypto, carbon neutral