Eco-Friendly Crypto Startup Raises $5.9 Million – What Does It Do?
Eco-friendly crypto project ecoterra has hit a staggering milestone of $5.9 million in presale investment.
This innovative platform's burgeoning success is fueled by its fundamental utilities, which are dedicated to providing solutions for combating climate change, improving waste management, and addressing deforestation.
Holistic Approach to Climate Change
Ecoterra is an innovative crypto startup that harnesses the power of blockchain technology to promote and facilitate recycling to combat climate change and global warming.
The adverse impacts of global warming and climate change are already being felt across society, leading to unpredictable weather patterns and persistent heat waves worldwide.
Various green initiatives and projects have been launched to mitigate these challenges, including waste management systems, recycling efforts, tree-planting campaigns, and more.
However, these efforts have faced obstacles such as high costs associated with recycling and low market demand for recycled materials.
Recognizing that human participation is crucial for achieving success in the fight against climate change, ecoterra aims to introduce a groundbreaking model called recycle-to-earn (R2E).
The R2E model is designed to incentivize individuals by rewarding them with $ECOTERRA tokens when they participate in eco-friendly activities.
These activities include beach cleaning, targeting the removal of plastics, cans, glass bottles, and more.
Unlike traditional fiat, the $ECOTERRA token has the potential to soar in price value and can be staked to earn dividends passively from the ecosystem's revenue sources.
The ecoterra ecosystem also entails other fundamental components. These include a robust R2E-powered mobile app, a carbon offset program, a recycled materials marketplace, and a profile that records environmental impacts.
Additionally, the platform will host educational campaigns to raise public awareness about the integral value of recycling and the potential rewards to be earned.
Leveraging Blockchain Technology to Create Environmental Sustainability
The ecoterra project's whitepaper outlines its vision of creating an adaptable blockchain-based ecosystem that caters to a wide range of industries, including energy, technology, goods production, and green sustainability.
The platform aims to revolutionize the recycling industry, which currently generates $63 billion in revenue, with a potential to rise to $88 billion by 2030.
This can be achieved through its intrinsic utilities, ecology activities, and native token, $ECOTERRA.
Ecoterra's R2E mobile app will offer members green tasks to complete and rewards members with $ECOTERRA.
The platform's carbon offset program will enable individuals and companies to offset their carbon emissions by investing in green projects that reduce gas emissions.
These projects include tree planting, solar and wind energy development, and educational campaigns on recycling importance in the fight against climate change.
Ecoterra aims to create a business-to-business (B2B) marketplace that fosters increased demand for recycled products.
Here, recycling companies and manufacturing industries can interact, collaborate, and purchase recycled materials.
Payments are powered by $ECOTERRA, fiat, and other crypto assets. Purchases made with the platform's tokens automatically come with value-driven discounts on trading fees and other bonuses.
Finally, the trackable impact profile allows members of ecoterra to share their positive green actions with other members of the ecosystem.
In addition to these fundamental key utilities, the ecoterra development team plans to utilize blockchain technology to build more utility-centric innovations to empower green movements.
Get In on the Last Presale Stage: Purchase $ECOTERRA & Win a 10% Bonus Today
At press time, $ECOTERRA is in its final presale stage, with only five days left. The digital asset has raised a staggering $5.9 million from a fundraising goal of $6.7 million.
Interested investors can take action today and purchase the $ECOTERRA token for a discounted price of $0.01 via ETH, USDT, or a credit card.
A 10% bonus will be allocated for every purchase made before the end of its presale to appreciate investors' contribution towards sustainability.
At the end of the presale, the eco-friendly development team will work towards establishing fundamental advancements and launch the green crypto on tier 1 exchanges.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.