Sign-up for the much-awaited beta version of the Ecoterra Recycle-to-Earn application is now live. The project has announced 1000 ECOTERRA tokens as a bonus to the first 5000 people who sign up for the app.
According to leading industry experts, a 10X surge is on the horizon for the token in the coming weeks as more people onboard the ecosystem.
🌿 Offset your carbon footprint with ecoterra’s help! 🌱
By participating in our carbon offset marketplace, you can take concrete steps to reduce your environmental impact 🌍💚
Join our family today and keep an eye out for the updates 🌿
#Sustainability #EcoCrypto pic.twitter.com/JQLch1wp6h— ecoterra (@ecoterraio) August 7, 2023
Combat Global Warming with Recycling
Ecoterra is an environmentally-conscious cryptocurrency initiative that works with a goal to popularize recycling and carbon offsetting practices across the world.
Despite the numerous campaigns that promote recycling awareness, the fact remains that their actual impact has been disappointingly minimal. Recycling is intricate and demanding for the average individual.
Ecoterra is a project dedicated to motivating individuals to take recycling a step further. For this, it introduces the “recycle-to-earn” app. As the name suggests, it incentivizes users for each item they recycle by rewarding them with Ecoterra tokens.
The sign-up for the Beta version of the recycle-to-earn application is now live. As the platform onboards more participants, the demand for the Ecoterra tokens is expected to surge. Investors anticipating the surge are hoarding the token before the price takes off.
The application’s working mechanics are quite straightforward.
First of all, you need to scan the barcode of recyclable items to quickly find a match in Ecoterra’s AI-powered database.
Once scanned, you need to find a Reverse Vending Machine (RVM) to earn Ecoterra tokens each time you recycle. The Ecoterra app allows you to scan items like plastic, glass bottles, and aluminum cans. You can even scan your electricity bill to earn Ecoterra tokens if you have green energy-producing technology.
Ecoterra caters to a diverse range of users, including individuals, small businesses, large corporations, industries, governments, and non-governmental organizations. The different components of the ecosystem will serve green purposes across various sectors.
As a result, each of these user groups will gain access to different benefits and solutions, contributing to the creation of a more sustainable future. The comprehensive approach towards recycling, the circular economy, and carbon offsetting are rooted in blockchain technology. It can be rightly said that the ecosystem owes its feasibility to the transparency and security provided by Web 3.0.
Catalyst for a Circular Economy
Ecoterra’s goal is to become a catalyst for a circular economy by offering not just the Recycle2Earn application, but also a marketplace dedicated to recycled materials.
The marketplace enables recycled raw material producers to list their products for sale, making it convenient for consumers to access these reclaimed resources. There is also a transparent and secure mechanism within the ecosystem for monitoring emissions and carbon credits. This is made possible through a dedicated carbon offset marketplace. Carbon credits are one of the most effective tools for combating climate change now.
It empowers users to counterbalance their carbon emissions by bridging the gap between eco-conscious businesses and individuals and initiatives that curtail greenhouse gas emissions. Carbon credits can be better explained as an indirect social investment in renewable energy ventures, afforestation efforts, or the promotion of energy-efficient practices in developing nations.
Let Your Ecoterra Tokens Work for You
Ecoterra provides multiple ways to earn an income – passive or active.
We discussed the active source of income above. It involves recycling through Reverse Vending Machines (RVMs) present in both small and large retail establishments. The rewards act as an incentive for individuals and families to actively participate in recycling efforts.
The process is simplified through the Recycle-to-Earn app, which allows you to:
- Scan the product’s barcode via the Ecoterra app
- Identify a store equipped with an RVM
- Recycle the item
- And scan the RVM’s receipt within the app.
That’s it. Now you’re eligible for Ecoterra token rewards, along with regular payment from the RVM. The quantity of Ecoterra tokens granted varies depending on the product recycled.
It’s up to you how the rewards should be spent. Selling them on crypto exchange is an option. But given that Ecoeterra is expected to surge in the coming month, holding the token for value appreciation is a much better option.
Meanwhile, you can stake it to earn 12% APY. Or if you feel like it, you can contribute them to different environmental initiatives featured within the project.
Ecoterra is Available on Uniswap, BitMart, and LBank
Ecoterra is available for purchase on leading crypto exchanges like BitMart, LBANK, and Uniswap. If you choose to stake $ECOTERRA on LBANK, you not only stand to earn a 12% Annual Percentage Yield (APY), but also actively support the project’s commitment to sustainability and eco-friendly endeavors.
Ecoterra is one of the few projects with high scope for brand and celebrity partnerships. Ecoterra will collaborate with a diverse range of brands, particularly those already inclined towards sustainability and recycling, in the coming months. A few good examples are Patagonia, The North Face, and H&M.
Apart from fashion, industries like packaging, consumer goods, and technology companies also present opportunities. Recycling and carbon offsetting are being taken up by more and more businesses now.
As the ecosystem continues to embrace more brands, consumers, and partners, Ecoterra will break into the list of Top-100 cryptocurrencies this year. The trajectory could translate to a potential 3500-5000% ROI for early investors in the fourth quarter of 2023.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
