You can make a small income from your investment. Or, you can make a fortune out of it. The difference lies in your entry point. Most investors prefer to go for a well-established stock or crypto that is bigger than itself. But intelligent investors find these stocks and cryptos before they have gone big.
They choose to grow with the asset and bag huge returns.
In this article, we’re unearthing a hidden gem in the crypto market for you – Ecoterra. An emerging cryptocurrency dedicated to recycling and climate action, Ecoterra stands apart in the crowded market with its real-world, high-relevant utility that can penetrate the masses. If the underlying green Web 3.0 ecosystem unfolds as planned, we’re looking at an asset that can potentially enter the top 10 cryptos within a year.
An Introduction to Ecoterra’s Green Ecosystem
Ecoterra is a company that makes use of blockchain technology to promote recycling among individuals and businesses as part of climate action. An increasing number of brands and consumers are joining the efforts to reverse the wild weather pattern brought about by climate change. Initiatives like tree plantations, beach cleanups, proper waste management, and recycling can go a long way in achieving this.
But recycling is more challenging than others as it requires knowledge, willingness, access, space, and time. While most of us can afford to overcome these, truth be told, we lack the motivation to recycle. If recycling has to go mainstream, it needs to be incentivized. People and businesses will take the extra step for climate action and recycling if they have personal incentives for these causes.
And that is exactly what Ecoterra is all about. It doesn’t just educate the public about the importance of recycling. It does that through its green education initiatives, yes. It also incentivizes users to recycle. Every time you recycle an item following the simple steps on the Ecoterra app, you will get rewards in Ecoterra tokens. That is, in addition to the fiat money you get from the reverse vending machines in exchange for a Coke can or a water bottle you recycled.
Ecoterra’s recycle-to-earn system allows users to stake the reward tokens to earn a passive income as well, as dividends from the platform’s revenue streams. And of course, the crypto tokens have the added benefit of steep value appreciation when compared to fiat rewards.
These are the four pillars of the Ecoterra ecosystem.
Ecoterra Recycle2earn Application | Earn Ecoterra in exchange for your recycling activities. |
Ecoterra Carbon Offset Marketplace | Offset your carbon footprint using Ecoterra tokens or other cryptocurrencies. |
Ecoterra Recycled Materials Marketplace | Strengthen the sustainability efforts of your business by purchasing recycled plastic, glass, or aluminum. |
Ecoterra Impact Trackable Profile | Improve your brand image and loyalty by showcasing your positive impact actions. |
Ecoterra for Individuals
Ecoterra encourages a sustained behavior change using a monetary incentivizing mechanism called “Recycle-to-Earn” (R2E). This is how it works.
- Create an Ecoterra account
- Scan the barcode of the recyclable items which is linked to the Ecoterra item database
- Log into the Ecoterra App
- Search for the nearest RVM using the RVM map in the app
- Go to the location and place the recyclables in the RVM
- Upload the receipt to the app
- Get Ecoterra tokens in exchange, depending on the number/quantity of scanned recyclables placed in the RVM via Ecoterra’s R2E system.
In addition to this, users can earn financial incentives by dropping off their clothing items at retailers (like The North Face, H&M, Levi’s, Patagonia, and Gap) that will recycle them. Since the fashion industry is responsible for up to 10% of global GHG emissions, conscious shopping and recycling can contribute to climate action significantly.
Another method is to shift to a more sustainable lifestyle. For example, individuals who opt to become renewable energy consumers or producers (through solar panels, wind turbines, etc.) can earn Ecoterra tokens as rewards. They just need to upload the proof of their consumption/production to the app.
Individuals who are conscious of environmental responsibilities can also receive attractive rewards from the platform. They can stake the tokens in the ecosystem to earn passive income, buy carbon credits via the Ecoterra carbon offset marketplace, and support their favorite environmental projects. As the platform gets up and running, Ecoterra holders can exchange a wide range of educational content using their tokens, boost their total impact score, and receive NFT rewards.
Ecoterra for Businesses
Ecoterra has some creatively practical recycling plans dedicated to businesses. They vary in size and price depending on the quantity and type (plastic, aluminum, glass) of items recycled.
This is how it works.
Let’s say a corporation has opted for a recycling plan to recover two hundred tonnes of PET bottles in three months. They can purchase the plan from Ecoterra, which will use the collected funds to reward its users who undertake its missions.
Ecoterra also encourages its affiliated companies to adopt a circular product life cycle instead of a linear life cycle. It simplifies the shift through its recycling marketplace which will be a single point of intersection between businesses and recycling companies. The secure digital space will facilitate quick transactions that can take place in full transparency.
🌱🌍 Want to be a part of a #Crypto project making a real difference in the world?
Look no further than @ecoterraio! 🎉
Our #Presale is now in Stage 4, allowing you to buy $ECOTERRA at a lower price! 🎁
Get in early and secure your tokens today ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/M1rqCQt5nw
— ecoterra (@ecoterraio) April 19, 2023
Recyclers who convert the waste into raw materials can put them up for sale on the marketplace. If a material is unavailable, companies can make a new request by selecting the type, quantity, frequency, and quality of the material. A recycler who has the specified material can provide it via the marketplace. It will support a wide range of payments from fiat money to stable coins (USDT), Bitcoin, and Ecoterra. Opting for Ecoterra comes with benefits like smaller transaction fees. Recycling companies will be rewarded with Ecoterra tokens.
Businesses can also make use of the Ecoterra marketplace to offset their carbon emissions voluntarily by contributing to verified projects. It will support mandatory carbon offsetting in the future. They can increase their total impact score by supporting the fight against climate change and displaying their efforts to their customers. Ecoterra’s total impact score will be a verifiable and transparent assessment of their involvement in the climate crisis.
An Ambitious Road Ahead
While Ecoterra targets individuals and businesses now, it will cover companies that produce recyclables and recycling companies in the next stages. Recycling companies collect the recyclable packaging disposed of by informed consumers. It is then delivered to a local recycling center and converted into raw materials.
Ecoterra aims to simplify the interactions and transactions between the recycling and the product companies, assisting a circular product life cycle. For this, it will launch a common marketplace, where the recycling company can sell the raw material to product companies.
In addition to this, a marketplace will be launched for conscious users, both individuals and businesses. It will help them buy verified carbon credits (VCUs) in order to offset their carbon emissions. Since all transactions in the ecosystem are recorded on the blockchain, participants can enjoy full transparency.
The Next Big Crypto Token?
As a country grows and develops, so does its waste. It is linked to economic development, urbanization, and population. That explains why the US and Canada have the highest average amount of waste per capita (2.21 kg daily).
According to The World Bank report, the world generates 0.74 kg per capita waste every day. That amounts to a lot. Sadly, only 19% of the total waste undergoes recovery through recycling and composting.
Recycling percentages also depend on a nation’s level of prosperity. While high-income countries recycle 29% of waste, the number drops to 9% in low-income countries. And a lot of times, they are openly dumped, burned, composted, or disposed of in landfills that lack gas collection systems. It aggravates climate change and global warming.
Unless we learn and practice waste management, we’re awaiting a large-scale disaster that will turn Earth unlivable in a few decades. To avoid that, we can produce less, consume less, and better manage the existing waste. Or, reduce, reuse, and recycle. These methods are being taken up by activists, businesses, and nations worldwide.
Ecoterra’s goal is to promote climate action by nurturing a fast and efficient recycling system. The project believes that blockchain technology can simplify and expedite the recycling cycle while at the same time tackling climate change and global warming. The choice doesn’t just guarantee transparency and security, but also prompt transactions with low fees.
As like-minded individuals and businesses who wish to make responsible choices come together to participate in effective recycling, the demand for Ecoterra tokens will increase. Given that the project targets popular brands and businesses on a noble cause, its adoption rate will be higher compared to other crypto projects.
Buy Ecoterra Before it Goes BIG
The secret to a highly successful crypto portfolio is underrated tokens. So, make sure you stock up your wallet with Ecoterra before it enters the open market. The project is hosting the presale of Ecoterra tokens now at heavily discounted prices. You can buy the tokens using ETH, USDT, or a credit card.
Ecoterra is priced at $0.00625/piece now. The next stages will come at higher prices, leading to a listing price of $0.01. The presale is about to cross the $2M milestone.
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