In this day and age, when various altcoin cryptocurrencies are taking over more and more of market space within specific industries, activity progenitors such as Bitcoin experience a notoriety for wasting enough electricity to add 40 million tonnes of carbon dioxide into our atmosphere annually. As the cryptocurrency markets grow, so do the environmental concerns of its every stage participant — from mining to transacting.
Even having clear evidence in mind the planet is in ecological trouble, some crypto businesses still resist sustainable change. Still, once return on investment is clearly understood, everybody will be wondering why they hesitated. Case in point, Elon Musk’s famous tweets within the half of year in 2021 is still the most significant example, why cryptocurrency, which is not going anywhere, needs a transition toward a more sustainable, “green” operational level — if the ecological conundrum is solved, there would not be such a massive fluctuation in the values of certain cryptocurrencies. Hence, the cryptocurrency itself would become a more reliable commodity and financial instrument — more prone to building tighter business relationships. It would also bring upon more business opportunities inside the digital sphere and an overall cutting of useless energy consumption excess.
In comes Swipelux — an endearing platform for that clientele which, it just so happens, for the least hassle-free effort, opts to discover the best way to convert fiat money for a particular cryptocurrency. Swipelux provides its users with a payment gateway widget of sorts which can be integrated on a website or an application of one’s choice. Swipelux primarily deals with every available actuality within the crypto world — websites, cryptocurrency exchanges, cryptocurrency wallets, DeFi, NFT marketplaces, and every form listed here is fully compatible with Swipelux’s widget. Herein, Swipelux’s operational scope actually coincides with the primary Enrex’s user base, that is, Enrex also envelops every aspect of the crypto world in its offsetting endeavours — crypto transactions, smart contracts, ICOs/IEOs/IDOs and mining. Both projects take a serious, no stone unturned view toward the crypto industries.
Furthermore, both Swipelux and Enrex have a similar viewpoint towards maintaining and fully resolving the middleman functions — both projects provide a rigid bridge between their intended users, whether it would be modes for b2b or b2c. A smoother transition of financial processes between service providers and their end-users.
Lastly, Swipelux distinguishes itself from similar ventures by ensuring safeguard mechanisms against fraudulent activities, which in itself is a marker of a potentially attractive product or service. That type of product or service is also attractive because it does not stop there. Swipelux strives to get more inclined toward attracting an even bigger and classier clientele, thus, getting “greener”, or eventually — carbon neutral.
This is where the use cases for Enrex within the boundaries of the partnership with Swipelux comes in. Enrex, being what it is, a hassle-free market-based opportunity provider for offsetting your business activities, products and services within the crypto environment.
Let us review the use cases that can bind the engaging partnership between Swipelux and Enrex with the possibility of creating a phenomenon of sorts. An active Swipelux’s crypto transaction widget that is automatically offset by Enrex:
● Enrex may provide Swipelux’s client base with an option to offset their carbon emissions automatically when purchasing assets via Swipelux’s widget. Enrex will pull their weight by calculating the electricity used to mine, mint and transact with the particular cryptocurrency or token, thus, making the assets a user bought completely “green” or carbon neutral. The financial instrument that Enrex will utilize for this particular action shall be a renewable energy certificate (REC);
● For those Swipelux using business ventures that are compelled to maintain or basically are complying within the framework of Environmental, Social, & Governance standards, Enrex is prepared to automatically offset every purchased asset. Both Swipelux and Enrex could set a carbon neutral plan designed specifically for Swipelux’s user within the ESG standard compliance boundaries;
● If and when Swipelux would offer an NFT or any other secondary crypto asset, Enrex would step in to devise a plan to offset those too;
This is the definitive marriage between a crypto project which via its product ensures the smoothness between cryptocurrency and fiat money transitions, and another which offsets such practices’ carbon emissions. This bridging will display the potential in symbiosis between different crypto entities with different offered properties for generations to come. By entering into a reciprocal relationship, both Swipelux and Enrex broaden the possibilities of diverse ecosystems supporting and promoting each other through action in the future!
