Carbon Neutral Blockchain Platform OFP Completes Seed Round Funding
September 13, news: Open Forest Protocol (OFP), a carbon-neutral blockchain platform, has completed its seed funding round. Übermorgen Ventures led the round, with participation from BackBone Ventures, GS Futures, as well as foundations such as Bloom Foundation, NEAR Foundation, and Foundation Valery. The specific amount raised was not disclosed.
The team said: “OFP is a complete digital transformation of carbon credit verification and issuance. It provides carbon developers with a zero upfront cost, open-source, network-based, and blockchain-based verification system that enables them to bring transparent, verifiable, and valuable carbon credits to market. This is crucial for the future of OFP's on-chain natural assets.”