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.
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
Read more on cryptonews.com
