LONDON and AMSTERDAM, April 26, 2023 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) ("Blockmate" or the "Company") announces the launch of its green strategy by incorporating KlimaDAO to offer the ground breaking, blockchain-based carbon offset cryptocurrency through its blockchain.eu and blockchain.com.au websites, revolutionizing the fight against climate change with a simple click-to-buy solution.

By making the KlimaDAO cryptocurrency available across its platform, Blockmate enables users to effortlessly purchase and support blockchain-based carbon credits through the Company's user-friendly websites, blockchain.eu and blockchain.com.au. With this innovative cryptocurrency, users can offset their carbon footprint while supporting climate change mitigation projects around the world.

Justin Rosenberg, CEO of Blockmate, commented, "Our partnership marks a significant milestone in our mission to combat climate change. By leveraging the power of blockchain technology and KlimaDAO's innovative carbon offset cryptocurrency, we're making it easier than ever for individuals and businesses to take action against global warming and contribute to a more sustainable future.

We have several projects in our pipeline and we’re grateful to be launching such projects when our planet is aligned – the environment, technology, government support and investors."

Blockmate's integration of KlimaDAO's carbon offset cryptocurrency allows users to seamlessly buy carbon credits on a secure and transparent platform. Revenue for Blockmate will be generated from transaction fees and the growth in demand for carbon credits as more people seek to offset their carbon emissions.

As the global focus on climate change intensifies, the demand for carbon offset solutions is expected to rise. The introduction of this carbon offset cryptocurrency through Blockmate's websites aligns with the Company's commitment to environmental sustainability and positions the Company at the forefront of innovative climate change solutions.

Andrew Smith, CEO of Blockchain World which operates the Blockchain.eu and Blockchain.com.au websites, stated, "We're proud to offer a solution that not only drives the adoption of blockchain technology but also addresses one of the most pressing issues of our time. By offering a simple and secure way to purchase carbon offsets, we're empowering individuals and businesses to make a tangible impact in the fight against climate change."

About Blockmate Ventures Inc.
Blockmate Ventures is a Web3 incubator/venture creator focussing on businesses that utilise blockchain technology and decentralization to provide greater utility, accessibility and sustainability around everyday services. Working with prospective Founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations, digital assets, and advisory to accelerate the incubation of projects towards monetization.

Blockmate’s current platforms include FX payments (Midpoint), “Radically simple Web3 mining” (Hivello) and green projects (Blockchain World and others in the pipeline).

The leadership team at Blockmate Ventures have successfully founded successful tech companies from the Dotcom era through to the social media era and view Web3 technology as the vehicle for a democratised future. Join the Hivello waitlist for a free passive income app and learn more about being a Blockmate investor at: www.blockmate.com.

Blockmate welcomes investors to join the Company’s mailing list for the latest updates and industry research by subscribing at: https://www.blockmate.com/subscribe

ON BEHALF OF THE BOARD OF DIRECTORS

Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-888-218-6863)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Forward-Looking Information
This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.