The crypto market has proven itself to be very resilient and the recovery from last year’s bearish run has proven that. It has recovered enough that altcoin season looks like it is upon us, and as such market enthusiasts have a lot to look forward to.
With the market doing much better, investors are naturally going to make a strong attempt to find which coins to add to their portfolio. Of course, Ethereum is already on the list, as it is driving the bull market we are in.
However, the real growth is in hidden gems that will explode because they are relatively unknown. We talk about a new crypto project that is set to explode alongside Ethereum in 2023. This project, Ecoterra, is a new player in the industry that introduces a blockchain-based ecosystem incentivizing individuals and corporations to combat climate change.
In this article, we will delve into everything you need to know about the project, ranging from its various applications and marketplaces to the Ecoterra token. Before we get into why Ecoterra looks like it will make a major upward trend this year, let’s look at what is happening with Ethereum.
What is Happening in the World of Ethereum?
Ethereum is likely to be the best performer in the cryptocurrency market thanks to several notable developments. As we move into 2023, Ethereum certainly appears to be the token to watch. The network is demonstrating impressive growth, particularly in its staking capabilities, with almost hundreds of millions staked in the past 24 hours alone. This suggests that investors are optimistic about the future of Ethereum, especially with the upcoming Shapella upgrade and the continued success of DeFi despite recent market fluctuations.
One of the primary reasons for Ethereum’s success is its ability to unstake ETH, which has fueled interest in the network and could potentially help it reach the coveted $3,000 mark again. While the crypto market is currently bullish, the question remains whether Ethereum can surpass its all-time high in 2023.
Ethereum is Set to Rise, But Which Other Tokens Will Follow?
Ethereum is a token that is in every investor’s eyes, and it is no surprise that the asset is the talk of the town. Investors have long been looking forward to the slated upgrades of Ethereum and the switch to proof-of-stake has proven itself to be very effective in driving more people to the network. It’s been a long time coming – but there’s more to look forward to as we head deeper into 2023.
In terms of price potential, the thing that remains certain is the ongoing development of fundamental technology. Ethereum, in particular, has consistently demonstrated this and is well-positioned to surpass the $3,000 mark this year. In the longer run, Ethereum could potentially breach $4,000 and surpass its previous all-time high of $4,878 in 2024. While this prediction is less certain, it is not unreasonable to expect Ethereum to attain this goal if the sharding upgrade is successful. Overall, Ethereum enthusiasts can expect a positive year in 2023.
That is simply Ethereum, of course. There are more tokens out there and some of them will no doubt be standout performers in the altcoin season that ETH’s growth will drive. Among them are tokens that focus on a strong social cause, which is an emerging trend in the crypto market.
One of the most notable of these tokens is Ecoterra, which has shaken the market up with its broad platform that focuses on bettering the environment. We dive into the details of this project below, including information about its presale.
What is Ecoterra?
Ecoterra is a platform based on blockchain technology that enables individuals and companies to contribute towards the battle against climate change. We will elaborate on the specific features that facilitate this, but first, it is crucial to understand the project’s mission and the overarching goal of the team. The platform encompasses diverse applications and marketplaces, culminating in a robust and cohesive system that facilitates stakeholders in their battle against climate change.
The Ecoterra team aims to raise awareness of the significance of recycling through green education initiatives and incentivize people to actively participate in recycling. For instance, users of the Ecoterra app can earn rewards every time they recycle through the Recycle2Earn system, which is a rewards program designed to encourage recycling and offer additional benefits. Users receive Ecoterra tokens that have the potential to appreciate in value and can be staked to earn passive dividends from Ecoterra’s revenue streams.
Businesses, including those that produce recyclable materials and those that handle recycling, have a lot to gain from Ecoterra. When conscientious consumers properly dispose of recyclable packaging, recycling companies gather it and transport it to nearby recycling centers. At these centers, the packaging undergoes recycling processes to be transformed into raw materials.
Ecoterra’s objective is to facilitate interaction between recycling and product companies to promote a circular product life cycle. To achieve this, the platform will establish a shared marketplace where recycling companies can sell raw materials, and product companies can purchase them to manufacture new goods.
Through the Recycle2Earn app, users can connect their climate actions to their profiles and keep track of their progress. Likewise, companies can create their own impact trackable profiles and buy impact packages that consist of different material types from users to counteract the negative impact of their production processes. As a result, all stakeholders can exhibit their dedication to sustainability.
Ecoterra offers two additional features, namely the carbon offset and recycled materials marketplaces. The carbon offset marketplace enables users and companies to offset their carbon emissions by utilizing Ecoterra tokens. Stakeholders can offset their carbon output through verified and vetted projects worldwide that meet high standards. The carbon tons offset can be converted into NFTs, which translate into achievements.
The recycled materials marketplace is a platform for companies to source recycled materials, interact with recyclers, and carry out other relevant activities.
The platform also supports various payment methods, allowing companies to transact within the marketplace using fiat currency, stable coins (USDT), Bitcoin, and Ecoterra tokens. Using Ecoterra tokens for payment can provide companies with lower transaction fees and staking opportunities.
The Ecoterra Presale is Underway
🌍 Climate change causes major ecosystem disruptions, species extinction and food insecurity for communities worldwide 🌱🐦🦍
By promoting recycling and offsetting CO2 emissions, we are working towards a better future ♻️
Join our #Presale now ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/7QAUeK1h3V
— ecoterra (@ecoterraio) April 18, 2023
Ecoterra is presently conducting its presale, which is definitely worth considering. The presale’s first phase offers 1 Ecoterra token for $0.0625, and users can acquire them using ETH, USDT, or a card. The ECOTERRA token is an ERC-20 token with a total supply of 2 billion tokens. In the next presale stage, which will happen in about 10 days, the token price will go up to $0.007.
Given that the token is in the presale, there’s a strong opportunity to get in here before the prices pick up. With the crypto market looking like it will grow further in 2023, investors may have a lot to look forward to in terms of growth.
It’s important to keep in mind that the project is still in its early stages, with a lot to look forward to. After completing the first presale stage, the team will concentrate on marketing and advertising, registering for Recycle2Earn, developing the carbon offset marketplace, and more. In the following growth phase, the team will establish partnerships, develop the recycled materials marketplace, and more.
Once all presale phases are completed or the fundraising target has been met, the team will concentrate on exchange listings and further development. The platform’s smart contracts have been subjected to security and KYC checks by CertiK and are 100% secure and verified.
Such projects are particularly worth watching because of the trend of moving towards social projects that work on a good cause. Keep an eye on this, because it will surely make a splash when it gets listed on exchanges.
A New Era of Sustainable Growth
Ecoterra serves as an excellent model for other teams on how decentralized technology can be harnessed to promote positive change and set new standards in the industry. The various interconnected features of the platform are likely to inspire a wave of new crypto initiatives.
As sustainability and responsible growth gain increasing importance in the coming decade, projects like Ecoterra will undoubtedly play a critical role in shaping this trend. Those interested in getting involved in this new philosophy of business development should keep an eye on Ecoterra and its presale.
Check Out the Ecoterra Presale
