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Ecoterra Launches Innovative Green Cryptocurrency Initiative Transforming Waste into Revenue via Recycle2Earn
Ecoterra is an innovative eco-conscious cryptocurrency initiative that enables users to contribute to combating the climate crisis while earning money through its groundbreaking mobile application.
Participants can easily scan their everyday recyclable household waste to receive immediate rewards – the project has successfully raised over $5.2 million during its presale and is anticipated to be listed on exchanges in Q3 2023, with the app expected to launch by year-end.
The ecoterra app not only facilitates the rewards – which are received in the native ECOTERRA tokens – to be traded on exchanges, but they can also be utilized to enhance a user’s environmental initiatives.
Recycle-to-Earn Cash with Ecoterra
Ecoterra operates on a straightforward and distinctive Web3 concept termed ‘Recycle2Earn’.
Upon downloading the mobile application, users can take recyclable household items like plastic/glass bottles and cardboard boxes to a supermarket equipped with a Reverse Vending Machine (RVM).
Users then scan the barcode and deposit the item into the RVM, which can be found in tens of thousands of supermarkets globally.
The app employs its AI-driven algorithm and database to determine the value of the item, subsequently depositing $ECOTERRA tokens into the user’s wallet instantly. These tokens can then be transferred to an exchange for cash.
The initiative has already formed a partnership with multinational supermarket chain Ahold Delhaize, which operates over 1,000 stores in the US – including Food Lion and Stop & Shop – along with thousands more across Europe and Asia.
The ecoterra app also provides users with the opportunity to earn additional tokens if they possess solar panels, for instance, simply by scanning an electricity bill.
Double Your Green Efforts
While cash rewards will be a significant motivating factor for many ecoterra users, the mobile app also includes additional features that will assist others in making a more substantial environmental impact.
Ecoterra will feature a Carbon Offset Marketplace where environmentally conscious users can utilize their earned ECOTERRA to acquire carbon credits and support other green initiatives.
Carbon credits function as vouchers representing one tonne of CO2 removed from the atmosphere, while other projects will be thoroughly vetted and verified, potentially encompassing ocean clean-up or reforestation efforts. Users will also receive NFTs for their contributions to environmental sustainability.
Ecoterra has established a partnership with VERRA, a leading standard for certifying reductions in carbon emissions.
Aimed at both individuals and businesses, ecoterra will also feature a Recycled Materials Marketplace, allowing businesses to enhance their sustainability efforts by purchasing recycled plastic, glass, or aluminum using ECOTERRA tokens or other cryptocurrencies – such as Bitcoin and USDT.
The app will include an Impact Trackable Profile, which serves as a public record of a company’s actions and environmentally friendly practices.
As many consumers prefer to shop with brands and stores that prioritize green choices, this profile will be a crucial tool for customers to understand the eco-friendly initiatives a business is undertaking.
Ultimately, ecoterra aims to implement a QR code or barcode on the labels of major projects, enabling users to quickly access their Impact Trackable Profile.
Ecoterra Presale Info
Ecoterra is currently in the stage of its 8-stage presale, with tokens available for $0.00925.
Over $5.2 million has been raised, with the price of $ECOTERRA set to increase by 8.1% to $0.01 in the final stage.
The project, developed by a doxxed and KYC-verified team, will transition to the final stage at the end of June, providing limited time to acquire tokens before the price increase.
Once the final stage is sold out, with a hard cap of $6.7 million, the project will proceed to its initial exchange offering – anticipated in Q3.
The maximum supply is 2 billion tokens, with 50% allocated for the presale without a vesting period.
A significant portion of the remaining supply has been designated for project liquidity (25%), which will be locked for six months and then vested over a year.
An additional 10% is allocated for marketing (locked for 3 months, with monthly vesting for a year), and 5% each for listings (no vesting), company adoption (3-month lock, 1-year vesting), and the team (1-year lock, 3-year vesting).
Further details can be found in the ecoterra whitepaper and the latest updates in the Telegram group.
Visit ecoterra Presale
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