This New Crypto Startup Offers a Novel Way to Earn Crypto and Fight Climate Change - Can It Transform the Industry?
A new crypto startup called ecoterra is looking to make recycling easier while helping in the fight against climate change.
The escalating issue of worldwide waste generation, driven by factors such as population expansion, urban development, economic progress, and consumer behavior, has become one of the most critical challenges confronting the Earth today.
In 2022, the EPA published findings noting that around 146.1 million tons of municipal solid waste (MSW) ended up in landfills in 2018, contributing to the ever-expanding piles of garbage that mar US landscapes.
The necessity for efficient waste management solutions has never been greater. MSW generation is predicted to rise by 70% by 2050, reaching a staggering 3.4 billion metric tons, according to Statista's research conducted in February.
And as published by UNEP, with a mere 20% of waste being recycled each year and millions of tons of waste being dumped in landfills, dangerous open dumps, and the world's oceans, it's evident that existing waste management approaches are falling short.
The persistence and spread of solid waste pollution highlight the pressing need to prioritize waste reduction, recycling, and eco-friendly disposal options. This is where ecoterra comes in.
Visit ecoterra Here
ecoterra's primary objective is to make recycling more accessible and rewarding. By leveraging blockchain technology, the platform will use a Recycle-to-Earn (R2E) mechanism that simplifies the recycling process and encourage users to contribute to eco-friendly activities.
The user-friendly app has integrated Reverse Vending Machine (RVM) compatibility into its system. By depositing recyclable materials into the RVM, users will earn ECOTERRA tokens.
Additionally, those who
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