Recycling platform with rewards

in #attn4 years ago (edited)


The essence of Blockchain was for decentralization and security. This has been achieved by the introduction of numerous decentralized cryptocurrency tokens. By decentralization, we are looking at a scenario where no one person holds control over a certain entity. In cryptocurrency decentralization, this simply means that there is no central authority where control of power is held. For instance, Bitcoin has a total supply of 21m tokens, no single individual holds the authority to determine who holds a given amount of Bitcoin or what a Bitcoin holder can do with their tokens. Furthermore, no single individual can determine the number of tokens to be mined on the Bitcoin blockchain. In the same way, we have a decentralized aspect of cryptocurrency projects, we also have centralized projects. In centralized projects just as the name implies, power resides in the center which could comprise of few individuals who have autonomy and controls what happens in the project.

Blockchain technology powers various projects due to its great futures. Among such projects are the waste recycling industry for recyclers. As there exist centralized and decentralized cryptocurrency projects, there also exist centralized and decentralized waste platforms. The difference between these two lies in the ability of users to control their choice of waste management and reward mechanism. Decentralization which was brought about by the invention of blockchain technology gives control to users an opportunity to have fair play and competitiveness.


As the name implies, it is about recycling. What do we recycle? Toxic Waste and why we recycle is to have a safe environment and to also utilize our waste in the production of new products. When you recycle waste, you are automatically making room for new products which hasn't been produced, this aids in production and resource management.

RECYCLEFORLIFE as a project which is targeting this area sees the importance of recycling and the reason why we should recycle. RECYCLEFORLIFE platform is a decentralized waste recycling ecosystem that is set to revolutionize the centralized waste industry through the integration of blockchain technology and the tokenization of the platform. The centralized platforms do not incentivize people, this is being changed by RECYCLEFORLIFE as the ecosystem is bringing a reward system to ensure every player is rewarded for their efforts.

This is a revolutionary step towards adoption which is being able to get benefits from recycling waste at your own convenience. You can participate in the governance of the RECYCLEFORLIFE ecology depending on your holdings and waste recycled

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