Ecoterra: The Crypto Startup That's Changing the Game of Recycling – Here's What You Need to Know
The world is facing a plastic problem that will have long-term consequences for the planet if we fail to act. According to recent projections, global plastic waste is expected to reach a staggering 1,014 million tonnes by 2060, more than tripling the current figure of 353 million tonnes.
The urgency of the situation is further highlighted by the fact that a devastating side effect of waste production--plastic leakage into the environment--is predicted to double to 44 million tonnes per year by 2060.
With such a significant challenge on our hands, it is clear that untapped solutions are urgently needed to tackle the waste management crisis.
To address the challenging waste management problem, a promising crypto startup, ecoterra, has developed a first-of-its-kind Web3 Recycle 2 Earn project, a recycling app that combines environmental awareness with economic incentives.
Visit ecoterra Here
The app offers a unique rewards system that leverages blockchain technology to bridge the gap between individual action and sustainable living.
The app assigns a value to each item based on its ecological impact, allowing users to earn tokens for recycling that can be held, staked, or spent on various eco-activities.
Another crucial component of the ecoterra platform is the Carbon Offset Marketplace. The feature enables users and companies to counterbalance their carbon emissions by purchasing carbon credits with $ECOTERRA tokens.
As users reach specific milestones in their carbon offset journey, their achievements are converted into NFTs, creating a virtual collection that celebrates their environmental contributions.
Through carbon offsets and the ability to stake and earn dividends from ecoterra's revenue streams, the ecoterra app
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