Ecoterra is pioneering a collection of decentralized apps, grounded on the Ethereum blockchain, to enhance environmental sustainability. The project's ecosystem consists of one application intended for individual users and three for businesses. The beta launches of these decentralized apps (dApps) are set to occur in the fourth quarter of 2023.
As part of its unique initiative, Ecoterra rewards its users with its native ECOTERRA tokens for engaging in a range of eco-friendly activities, including waste recycling, utilization of reclaimed materials, and carbon emission offsetting.
Currently, there's an opportunity to engage in the pre-sale of this token. The formal listing is expected to occur in the third quarter of 2023, with a token priced at $0.01. The overall supply of ECOTERRA has been capped at two trillion tokens, distributed as per the following scheme:
- 50% earmarked for the pre-sale;
- 20% allocated to ensure application liquidity;
- 10% set aside for public sale;
- 10% invested into marketing;
- 5% reserved for the team;
- 5% purposed for corporate lending.
ECOTERRA token distribution infographic. Source — White Paper Ecoterra
At the helm of Ecoterra is CEO Mihai Ciutureanu. The company operates officially as Ecoterra LLC, registered in Saint Vincent and the Grenadines, with offices stationed in Romania and Switzerland.
Ecoterra for Individuals
One of the innovative applications Ecoterra has created is Recycle2Earn. This nifty app enables users to accrue ECOTERRA tokens, as well as other forms of cryptocurrency, in exchange for recycling trash.
Wondering how it works? Simply scan the barcode on the packaging of an item and verify its existence in the app's database. Next, proceed to a waste recycling center and deposit your trash. Collect your receipt, snap a picture, and upload it to Recycle2Earn. Once done, you're rewarded with cryptocurrency in your account. Every recycled item equates to one ECOTERRA token. The app also assists you in locating the closest recycling center.
The assets you earn can be put to good use for environmental causes. You might consider donating funds towards tree plantation drives, ocean cleanup projects, or forest conservation efforts. Alternatively, these funds could be directed towards environmental educational programs, including those on platforms such as Udemy. Furthermore, ECOTERRA tokens can be deployed for purchasing eco-friendly everyday products.
Illustration of the landfill problem. Source — White Paper Ecoterra
Ecoterra for Businesses
Carbon Offset Marketplace
Here's an application that enables companies to exert a positive influence on their environment. Through this marketplace, businesses can invest in initiatives focused on reducing carbon emissions, thereby compensating for their own carbon footprint.
The platform will feature detailed infographics providing statistics on CO2 reduction efforts and their implications on climate change. As companies advance in their journey of carbon offset, they will be acknowledged with Non-Fungible Tokens (NFTs).
Recycled Materials Marketplace
This application showcases businesses that specialize in handling recycled materials. It allows companies to browse through an extensive range of suppliers to source the recycled materials they need for their products. Utilizing the speed and efficiency of blockchain, transactions are executed in a matter of seconds, and payments can be facilitated using either traditional fiat currencies or cryptocurrency.
Impact Tracker Profile
The service aims to elevate the brand's stature as a positive environmental contributor, thereby fostering customer loyalty.
Creating a visible profile on the platform makes actions taken within the apps accessible to all users. The global exposure ensures that the company's efforts to combat climate change and care for the planet are acknowledged worldwide. Sharing this profile is as simple as providing a QR code or a link.
The driving forces behind the Ecoterra project anticipate that blockchain technology and cryptocurrencies will bolster efficiency and transparency in the fight against environmental issues.
