McKinsey Predicts Carbon Credits Market Worth $50bn by 2030, Ecoterra Token Best Crypto to Buy Now?
As the world races to tackle climate change and businesses aim to offset their emissions, ecoterra is emergin as one of the best cryptos to buy now.
The market for voluntary carbon credits, currently worth over $2 billion, is expected to surge as businesses buy credits to balance out their emissions during decarbonization.
McKinsey & Co. predicted in 2021 that the market for voluntary carbon credits could reach a staggering $50 billion by 2030. As the global RVM market is expected to grow to $736.9 million by the same year, the ecoterra token appears to be a promising investment.
Ecoterra is set to benefit from this growth as it leverages blockchain technology to create a greener future. By joining the ecoterra family, individuals and businesses can make real progress in the fight against climate change through its three initiatives.
The Recycle2Earn app, the centerpiece of ecoterra's ecosystem, connects users to recycled materials and carbon offset marketplaces, as well as an impact profile that tracks their ecology actions.
As the app gains traction, the ecoterra token could become the best crypto to buy for eco-conscious investors.
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A recent AMA with ecoterra's CEO, Mihai Ciutureanu, on Coinsniper, shed light on the company's strategy and the Recycle2Earn app. Ciutureanu explained that the app's Recycled Materials Marketplace connects buyers and sellers of recycled materials using an advanced filtering system.
Payments can be made in ecoterra tokens or other cryptocurrencies, and purchase history can be integrated into a company's trackable profile for greater transparency.
Ciutureanu also delved into the tokenomics of ecoterra, explaining that the ecosystem's liquidity pool (LP) balances incoming
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