2023 RED Project Update June-September – Weeks 23-39

During this time, we have worked on various projects, growing our team, enhancing our horizons, and preparing for various launches this year and the beginning of the next.

The updates we bring today reflect months of dedication to improving our platform’s design, making it more user-friendly, visually appealing, and intuitive. Simultaneously, we’re expanding our teams to harness fresh talent and perspectives, injecting new energy into our projects.

But that’s not all. Behind the scenes, we’re diligently preparing new functionalities and features that will take your experience to the next level.

We have a surprise for you! Now you can watch a summary of the update in video format:

YouTube video

RED Platform Features

General

Graphic Redesign

  • New design
  • Menu grouping for a smoother user experience
  • Direct access to important functionalities, like settings, wallet, account and Zalmoxis Blockchain
  • Bug Fixing

Renewable energy

Solar NFT has been our main focus for the last several months and is currently in active development. Together with other functionalities that are being developed now, Solar NFT will be part of a strategic launch of renewable energy solutions that will use blockchain technology to offer new solutions to users, companies and renewable energy producers.

We are making a strong commitment to meeting all legal requirements and regulations for Solar NFT and we will share with you more information as we approach the final stages of implementation.

Sustainability and carbon credits

  • Registry

One of the key features that has been released on the RED Platform is the main tool for sustainable projects certification. RED Carbon Standard will use the RED Platform Registry for the certification flow, and publishing of their projects on the marketplace.

The Registry offers full traceability, access to carbon credits issuance, documentation and transparency on the process.

  • RED Token

Together with the Registry, the platform has welcomed a new NFT token that will be used for carbon credits issuance for both RED Carbon Standard certified projects and for sustainable projects certified by other standards.

MWAT

  • It will be in scope for new developments, exchange and decentralization features along the way;
  • Will be integrated with new features for fees, stake options and other developments.

RED Carbon Standard

The new functionalities that are brought on the platform will be linked to MWAT, through fees, franchise purchases and stake required.

Website

We are working on the launch of the new website for the RED Carbon Standard. We are expecting it to be live by the end of November.

  • Will help us be present online;
  • Share, explain and bring new interesting projects;
  • Make a difference with innovative solutions on the platform;
  • Promote and help sustainable projects.

Documentation

  • A Standard requires a wide set of documents and procedures;
  • The team is in a continuous process of developing documentation for a strong standard foundation.

Growth plan

The RED Carbon Standard aims at promoting new solutions for the industry while it obtains the appropriate accreditation to have an excellent representation in the market for both project developers and carbon credits buyers.

Preparation for such accreditations takes a long time, several months or years in some cases. RED Carbon Standard is fully committed to applying for the necessary steps for accreditation.

Team

We’re thrilled to announce the expansion of our team with the addition of two dynamic individuals in Marketing, two dedicated professionals in Sales, and two seasoned product managers for our IT development.

This strategic growth will enable us to increase our presence in the market, enhance customer engagement, and drive innovation in our product offerings. We look forward to the fresh perspectives and expertise our new team members will bring to the table as we continue to evolve and meet the needs of our valued community.

Upcoming

General

RED Platform dashboards redesign to align with the new role definition feature that will help users to better navigate through the application and use the features they need successfully.

Franchises

We are working towards better defining the needs of our franchisees, helping them in their business development and earnings inside the platform. Franchise fees will be in scope.

Renewable energy

Various functionalities are being analyzed and being developed regarding renewable energy solutions for users, opening new possibilities for platform users, bringing new users and opening new business opportunities for RED Franchises.

Sustainability and carbon credits

Preparation of documents, Restart Natura Team and other documentation, as specified above.

Registry enhancement and updates to align the certification process for RED Carbon Standard to the requirements of further applications for the Standard’s recognition.





We want the information in the update to be helpful to you and we will keep you posted with all the news that will follow, so please let us know what you think here!

Don’t forget to like & share our posts and follow us on our channels!

Twitter | LinkedIn | YouTube | Facebook | Telegram | Discord

You can see the previous updates here:

– Status report 2023, weeks 18-22
– Status report 2023, weeks 14-17
– Status report 2023, weeks 10-13
– Status report 2023, weeks 6-9