First Carbon Launches its MintCarbon.io Channel on the Discord Social Media Platform

MintCarbon.io Discord Channel Facilitates Discussion About Carbon Credit NFTs and is Now Part of a Platform that is Used by a  Community of Over 46 Million Users Per Month  

Vancouver, British Columbia, December 23, 2022 / Globe Newswire / – First Carbon Corp. (“First  Carbon” or the “Company”), a developer of a proprietary, decentralized, carbon credit non fungible token (“NFT”) onboarding platform, is pleased to provide the details for the launch of its  MintCarbon.io channel on the Discord social media platform (“Discord”). MintCarbon.io is the  Company’s user-friendly interface that is being developed to enable carbon offset holders to easily  convert their credits into highly customizable and ERC-1155-compliant NFTs. With the launch of  the MintCarbon.io channel on Discord, an endless number of carbon offset holders, investors and  other parties interested in the community can now chat directly with MintCarbon.io operators.  

Discord is a free, secure and rapidly growing voice, video and text-based communication  application currently used by more than 46 million users each month. The integration of Discord  into the MintCarbon.io ecosystem will create a community through which users can talk about  NFT values, carbon offset pricing trends, and the securitization of carbon offset markets. This is  expected to evoke valuable discussion and community input, while generating significant traffic  towards MintCarbon.io’s proprietary minting platform and digitized token offerings.  

Leveraging the power of the blockchain and the low-emission, Ethereum-powered Polygon  network, the NFTs minted on MintCarbon.io will be able to be listed for trading on decentralized  marketplaces such as Opensea.io. Every customised NFT is being planned to be embedded with  unique characteristics and may potentially represent millions of tonnes of carbon dioxide.  

Management Commentary  

"A first-of-its-kind in the carbon credit industry”, said Mo Yang, CEO of First Carbon, “the  MintCarbon.io Discord channel now enables offset holders, individuals and other stakeholders to  chat directly with our platform’s operators, ask them questions, offer input and receive feedback  on the minting and selling of carbon credit NFTs.” 

Derek McKenzie, Chief Operating Officer of First Carbon, further commented, “Building a global  and connected MintCarbon.io community is an important component of our big picture strategy.  We believe that Discord, as one of the fastest growing online communities in the world, will play  a critical role in help us to achieve critical mass.”  

About First Carbon Corp.  

First Carbon Corp is a next generation technology platform company focused on democratizing  tokenized access to carbon credits and ESG solutions. Its flagship platform MintCarbon.io offers  carbon offset holders an onramp to the blockchain by enabling the minting of carbon credits into  decentralized NFTs on the low-emission Polygon network. MintCarbon NFT’s are powered by  Ethereum and tradeable on global decentralized platforms based on the blockchain. The  ERC1155-compliant tokens are to be backed by real, verified carbon credits, providing increased  transparency, liquidity and security in carbon offset trading.  

MintCarbon makes it easier for companies to take part in the global effort to reduce their impact  on the environment. Benefits of the platform include: Permission-less global trading on  decentralized trading platforms (such as OpenSea.io) operating 24/7/365; Secure and easy  access for investors into an emerging asset class; Access to a growing pool of capital in the  cryptocurrency markets; Programmable functionality through smart contracts and composable  primitives that enable new types of capital formation and trading; and a reliable framework  designed to increase the flow of capital into carbon reduction initiatives, helping underfunded  environmental companies and projects.  

Visit MintCarbon.io and sign up to the newsletter to be alerted to platform updates and our  upcoming launch and visit our corporate website FirstCarbonCorp.com to learn more about the  Company. On social media, follow us on Twitter at twitter.com/firstcarbon. And for partnership  and corporate related inquiries, please send an email to: corporate@firstcarboncorp.com.  

ON BEHALF OF THE BOARD 

Mo Yang”  

Mo Yang, CEO 

Tel: +1 604-800-5648  

Email: corporate@firstcarboncorp.com  

Cautionary Statements Regarding Forward-Looking Information 

This news release contains “forward-looking statements.” Statements in this news release that  are not purely historical are forward-looking statements and include any statements regarding  beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements  include, among other things: the Company's ability to digitize and allow for the trading of tokenized  carbon credits by the global carbon offset market on its platform which is interoperable with the  Ethereum blockchain while ensuring that minting activities will be both low emission and cost. 

The material assumptions supporting these forward-looking statements include, among others,  that: the Company could mitigate the risks associated with the blockchain and NFT industry; and  the ability to compete with other businesses in the NFT market. 

Although management considers these assumptions to be reasonable based on information  currently available to it, they may prove to be incorrect. These forward-looking statements are  only predictions and involve known and unknown risks, uncertainties and other factors, including:  the risk that the Company's offerings are not accepted by the consumer, the risk that other  competitors may offer similar digital offerings; the risk that there may be negative changes in  general economic and business conditions; the risk that the Company may have negative  operating cash flow and not enough capital to complete the development of any of its  technologies; the risk that the Company may not be able to obtain additional financing as  necessary; the risk that there may be increases in capital and operating costs; the risk that the  NFT technology may be subject to fraud and other failures; the risk that there may be  technological changes and developments in the blockchain that make the NFT solutions obsolete;  risks relating to regulatory changes or actions which may impede the development or operation  of the blockchain solutions; the risk that other competitors may release similar blockchain  offerings; the potential future unviability of the NFT market in general; the volatile cost of the  amount of computational effort required to execute specific operations on the blockchain, and  other general risks involved in the blockchain solutions  

Any of these risks may cause the Company’s actual results, levels of activity, performance or  achievements to be materially different from any future results, levels of activity, performance or  achievements expressed or implied by these forward-looking statements. Further, although the  Company has attempted to identify factors that could cause actual results, levels of activity,  performance or achievements to differ materially from those described in forward-looking  statements, there may be other factors that cause results, levels of activity, performance or  achievements not to be as anticipated, estimated or intended. These forward-looking statements  are made as of the date of this news release, and the Company assumes no obligation to update  the forward-looking statements, or to update the reasons why actual results could differ from those  projected in the forward-looking statements, except as required by applicable law, including the  securities laws of the United States and Canada. Although the Company believes that any beliefs,  plans, expectations and intentions contained in this news release are reasonable, there can be  no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.  The Company does not assume any liability for disclosure relating to any other company  mentioned herein.  

In addition, this news release includes third-party market data and statistics which management  has not independently verified. The Company expressly disclaims any responsibility for the  accuracy thereof.