Ecoterra - A blockchain project that fights climate change through recycling
Blockchain technology is now used to attempt to solve problems across all sectors including ecological problems. Global warming is a big problem that has led to flooding, large-scale melting of ice and many other environmental problems. How can blockchain contribute to a greener tomorrow? There are many blockchain projects designed to protect the environment and reverse the damages that happen to the climate. One such notable project is called Ecoterra.
Before I go ahead to provide more details about Ecoterra, I want to mention that Ecoterra is still in the alpha phase. Their first phase of their coin sale which started on March 29th, will be ending in the next 5 days. If you wish, you could participate. Buy some coins and help our global climate go green. Remember to do your own research first. Click here to participate in Ecoterra Presale
Getting to learn about Ecoterra
Ecoterra tries to incentivize lifestyles and actions reduces carbon footprints utilizing blockchain technology. Through human activities such as throwing away lots of plastic, and disposing other objects that causes land, air and water pollution, the earth continues to suffer the effects of carbon emission. The Ecoterra team is utilizing blockchain technology to track carbon footprints and rewards users who recycle plastic and other pollutants.
The Ecoterra app contains lots of opportunities to contribute to a greener atmosphere. Each action that reduces personal carbon emission or that of an organization is rewarded with the Ecoterra token. The coin provides utility to support other green initiatives such as cleaning up a beach or other green activities.
Participating in the Ecoterra Ecosystem
There are many ways that crypto enthusiast and organizations can participate in the Ecoterra project. Whichever way they choose to do so, the ecoterra coin is used to reward these actions. The following are ways to get involved in the Ecoterra platform:
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Ecoterra Recycle2Earn (R2E) application: The Ecoterra app could be used to scan approved products whose containers could be recycles. The Ecoterra platform has a database of approved products. All that a participant need to do is to scan the bar codes on an plastic containers or bottle. The app then searches the Ecoterra database to match the product. If the product is found, then the user is free to go ahead and recycle them.
Once the container is recycled and confirmed through the app, the user is rewarded with ecoterra tokens. All the user need to do after the recycling is done is to upload their Reverse Vending Machine (RVM) receipts using the app. In this way, participants can earn the Ecoterra coin simply by recycling product contains like plastics, bottles, and other packaging.
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Purchase recycled material: Many organizations package their products in plastics and bottles. One way to encourage a greener environment is to package using recycled plastic or other packaging. The Ecoterra platform has a marketplace for recycled materials. Both individuals and organizations are allowed to participate in this marketplace and buy recycled materials from around the world.
The principal way to pay for recycled materials is through the ecoterra coin.. Other cryptocurrencies are also accepted as a payment method. The marketplace still allows the use of fiat to purchase these recycled materials. So Ecoterra sells recycled materials using crypto or fiat. Using recycled materials for packaging new products definitely reduces the carbon footprint of the individual or organization. Users have access to local markets and global markets too. So everyone is free to participate no matter where they live.
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Track sustainable efforts: Ecoterra provides a robust record of each user or organizations sustainable efforts over time. The blockchain is immutable storage and makes it easy to have all the activities a user participates in. They can look at such profile and see how far they are contributing to a greener tomorrow. For organizations, they have a way to reward customers with the Ecoterra token based on their performance.
Being stored on the blockchain, this data is can be seen by all, and is never altered. The Ecoterra project is built on Ethereum. Hence, users are assured of their green profile data such as the quantity of recycled materials purchased from the market.
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Purchase Carbon offsets: Carbon offsets are projects that support a cleaner environment. It includes renewable energy projects, and many others. The Ecoterra has a marketplace where users and organizations can use their Ecoterra to support sustainable projects from across the world.
The projects that are listed in the carbon offset marketplace place are real and existing. They are vetted. So volunteers are not left in doubt at all as to the authenticity of projects they are funding. The Ecoterra coin provides utility for funding carbon offset projects. In addition, volunteers can donate through other major cryptocurrencies and through fiat too.
Some of the carbon offset projects listed and available for volunteers to fund includes tree planting programs around the world. Other ones include renewable product projects, sustainable education projects, and land cleaning projects around the world. These are some projects that Ecoterra funds, and invites users to support these projects too as they help to keep the environment green.
Ecoterra Presale and Tokenomics
Contract Address: 0x982b50E55394641cA975a0eEc630b120b671391a Coin Symbol: ECOTERRA
Blockchain: Ethereum ERC-20
Quantity: 2,000,000,000
Ecoterra is a project built on the Ethereum blockchain. The coin is named Ecoterra too and is used to provide rewards for all the sustainable activities of participants of the project. The total amount of coin in supply is 2,000,000. The first presale started on 29th March 2023, and will end on 3rd June 2023. If you feel confident about this project, you have time to participate in the first presale. For this first presale, each Ecoterra is sold for $0.0085.
According to records from the project, $4.4 Million has already been raised from the first presale. The expected total to be raised here is $4.7 million. That is really very close and could be achieved in the next 5 days.
The chart and table below shows how the raised amount will be utilized:
How to Buy
There are 2 major ways to buy Ecoterra coin. You can either buy the coin with crypto, or you can buy with fiat using any credit or debit card. Lets take a look at each of the above two methods:
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Buy with Crypto: The two cryptocurrencies you can use to buy Ecoterra are USDT and ETH. So you have to hold them in any preferred Web3 wallet such as Metamask or trust wallet.
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Fiat: You can buy Ecoterra with an standard credit or debit card. Just enter the amount of coin you wish and choose the credit card option to make payment.
Media Publicity
Ecoterra seems like a popular project, already being noticed by a good number of finance and crypto publications. You can read reports about Ecoterra in the following publications:
Why Consider Ecoterra
Ecoterra has attracted a lot of attention from individuals and organizations because the project is unique in many ways. Consider the following:
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Built on Ethereum for Web3: Ecoterra is built on Ethereum which is a blockchain known to host lots of robust DAPPs and web3 projects. Therefore, the project stores data in a transparent blockchain, one that is known to be robust. Utilizing web3 wallets, Ecoterra is gives users control over their funds and data. This security is a big consideration for many modern blockchain projects.
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Solving real world problem: Ecoterra is utilizing the blockchain to attempt to solve a global problem. Climate change is something that affects everyone no matter where they live. Flooding and many other natural disasters are the products of global pollution. Helping to heal the global environment is a cool project that many individuals and organizations would like to join.
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Rewards: Ecoterra will provide a lot of incentives through its many programs. The rewards for sustainable living could be huge both for individuals and organizations depending on their level of participation. The more users try to recycle more plastics and bottles, the more they earn. This is a win-win situation for everyone that will get involved.
Ecoterra participation NFTs
For organizations or even users that will be part of the Ecoterra project, they will receive certificates of participation in form of NFTs. These NFTs which are stored on the blockchain is publicly traceable. These will be a huge evidence that could be presented showing how far an individual or organization has contributed to a sustainable and greener environment. In the long run, these NFTs could still provide some value to anyone it represents
Conclusion
Ecoterra really looks like a project to be part of. The team is really technically strong and they seem to have a project that can excel if they get it right. If you feel this looks like a valuable addition to the many blockchain projects around, then you could decide to participate. Of course, this is not financial advice, Be sure to do more research about this or any other blockchain project before investing in them.
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