Plastik Finance
Plastic Financing: Recycling, Reuse, Prosperity
Plastic Finance is a special platform designed to handle waste and its management. The world is full of garbage, almost twice the speed and also the population. Although we have recycling technology, only 9% work. Yes, we can only recycle trash in 9% capacity
Plastic Finance is a special platform designed to handle waste and its management. The world is full of garbage, almost twice the speed and also the population. Although we have recycling technology, only 9% work. Yes, we are only able to recycle waste in 9% capacity while 91% is disposed of. The platform wants to change that through social empowerment that uses blockchain technology.
How the Platform Works
Plastic Finance works in two ways: empowering the garbage community (such as scavengers, scavengers, etc.) and giving rewards to those involved in the network. Scavengers will be rewarded for their contributions, where they have the option to earn money in the form of tokens or fiat (real) money. If they prefer crypto tokens, they can actually take part in the platform. They can use this platform to gain financial access, and this is rare because the junk community is usually a party that does not have a bank account. Well, with this platform, these unbanked people can finally enjoy financial access.
The Role of Each Part Involved
The scavengers collect the garbage and then sell it to the Cooperative. From the Cooperative, they sell it to MRF (Material Recovery Facility). MRF will sort and process the waste so that they produce a form of waste that can be sold before they can sell it (recycled waste) to buyers. MRF and Cooperatives form a symbiotic relationship. MRFs need non-stop supply, while MFIs need (better) trading terms. That is why the ownership of the Cooperative in MRF shows the bond between the two.
However, the relationship cannot be maintained if there is no MRF from the beginning. It takes a huge capital investment to create an MRF, and this is done through PLAS, a security token from Plastik Finance. So, users in Plastik Finance can buy security tokens (as a form of investment). In return, MRF must share its annual profits (about 60% of it) with Plastik Finance, and then the platform will distribute those profits to PLAS holders, calling them dividends.
In the end, everyone is happy. Plastic Finance is happy to create a lucrative platform where green-conscious people can gather. Platform users are happy because they can invest while doing something for Mother Earth. Garbage communities can get a fair reward, which is much better than traditional systems. And the world is happy because less waste is produced, which means they are less affected and the Earth becomes a cleaner place.
Last words
The world is heavily polluted with waste and platforms that focus on such things are not many. If you want to contribute to a platform that can solve the problem of waste while enjoying the (financial) side benefits, then knowing where to start is a good idea. Plastic as a platform focused on the green environment has a solid plan and attractive management. Everyone can take part in an ecosystem where all positions are open and accessible. If you are involved in waste management and want to get incentives, joining Plastic Finance would be the best option.
If you are interested in this project, you can find more information at
Official Website: https://plastic.finance/
Twitter: https://twitter.com/plastic_finance
Facebook: https://www.facebook.com/Plastic-Finance-110471187905120
Medium: https://medium.com/@Plastic_Finance
Username: asayauk
Link: https://bitcointalk.org/index.php?action=profile;u=2979395
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