Plastic Finance |Out With the Old: Blockchain to Bring Transparency to Recycling Sector

in #plastic3 years ago

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Abstact

While recycling may seem like a relatively simple concept, the plastic recycling supply chain proves otherwise. From understanding which plastics are recycled to determining the quality of those plastics, these problems and more result in lower recycling participation rates.

Statistics show that by 2024, the global recycling market is expected to reach $377 billion. However, the management of plastic waste has become a problem that has a huge impact on the environment today. For example, the United Nations estimates that around 300 million tonnes of plastic waste is produced globally each year. Unfortunately, only 9% is recycled. The UN findings further show that around 12% of waste is burned to ashes, while the remaining 79% accumulates in landfills, landfills or the natural environment.

In this pandemic, we can see how the environment would be if there was less pollution than the current situation. Now, Blockchain technology and stable coins can play a big role in incentivizing every household and MRF to streamline the funding of the plastic recycling industry. Using smart contracts, we can tokenize every type of plastic regrinds and pellets, create an internal exchanger, so people and industry can have easy access to monetize plastic waste, plus blockchain provides more transparency for every plastics industry supply chain. In addition, we can create DeFi Dapps (decentralized finance, decentralized applications) so that waste can be pledged as assets. Plastic waste that will be used as a benchmark for stablecoins is polypropylene and High Density Polyethylene because these types of plastic waste are the most widely used consumer goods (eg soap bottles, shampoo, drinking water bottles, etc.).

Plastic Finance Mission

Plastic finance aims to become DAPPs, internal exchangers, defi, and recycle the plastic grinds index at all. Indonesia is world number 2 plastic lifers in the world, we have the potential as part of a recycled plastic supply chain. By integrating DEFI into cooperative cellular applications, garbage collectors can exchange their plastic waste directly to cash. Waste collectors can choose to change their waste into cash or save through defi using binance smart contract technology. We eventually aim to increase the creature of garbage collectors, creating many material recovery facilities and providing the benefits of token holders in the form of dividends of students.

The importance of plastic recycling

The use of recycled plastics in products requires creative thinking on designer parts, technicians and manufacturers. Innovation includes a construction decking made of recycled plastic, which never rots; Sports clothing type; and the interior of the vehicle. The artist has turned to recycled plastic for art projects that provoke. Although the amount of plastic they use is small compared to commercial use, they help increase environmental awareness and inspire creative thinking.

● Reduces the amount of waste sent to landfills and incinerators.
● Conserves natural resources such as timber, water, and minerals.
● Increases economic security by tapping a domestic source of materials.
● Prevents pollution by reducing the need to collect new raw materials.
● Saves energy.

Plastic finance democratizes access to ESG investing

The team using their effort to enrich the recycling system and empower waste communities can be sustained and widened with the help of investment communities. With DApps and DeFi, they democratize access for everyone to take part in a global mission to recycle and empower

Tokenomics

Ticker : PLAS
Token type : BEP-20 MainNet
Token Address : 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A
Token Sale Address : 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB
Total Token Supply : 23,900,000 PLAS

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Public sales

If the pre-sales target is below expectation, there is an option to offer internal staking & DeFi at the same time in June 2021.

Blockchain: BSC BEP-20
Governance token Ticker: PLAS
Total supply: 23.900.000 PLAS
Public sales total :2.000.000 PLAS @ USD1
Early contributors: 7.300.000 PLAS locked up to 27 months
Accredited investor sales: 2.000.000 PLAS @ USD 0,375 minimum USD20.000,-
Pre-Sales: 2.000.000 PLAS@ USD 0,6
Airdrop or Community Grant : 1000.000 PLAS
Hardcap Pre Sales + Accredited Sales = $1.950.000,-
Hardcap Public Sales Total = $ 2.000.000,- (can be planned into IFO if pre sales and private sales succeed)
Total Hardcap : $ 3.950.000,- PLAS price calculation is pegged to USD value.

Roadmap

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Because of the Crypto market situation, plastic finance does not want to be in a hurry to complete the white list schedule. They will extend the Whitelist schedule according to the request of several communities interested in becoming a white list investor in this project. And they need to tell you that there might be a delay in the schedule for public sales because their audit is also postponed by the auditor. Can you hold the time to join here?

Read More Here:

Website: https://plastic.finance
Official Twiter: @Plastic_Finance
Whitepaper: https://plastic.finance/whitepaper.pdf
Official Telegram: https://t.me/plasticfinance
Facebook: https://www.facebook.com/plastic.finance/
Linkedin: https://www.linkedin.com/company/plastic-finance
Youtube: https://www.youtube.com/channel/UCxZvaGVdcOJ-_SnGaEn4kew

Author

User Name : blachken
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2763530
ETH Wallet : 0xdEF11E753aE845EF0E700Ecb6f63199257efcF9a

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