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, such a 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.
SOLUTIONS:
Blockchain technology and a stable currency can help streamline finances for the plastic recycling business, empower the waste community, and become an ESG investment model.
we propose three pillar solutions:
Tokenization can help increase the transparency of wasteful costs. DeFi provides economic and social empowerment to the garbage community. Ensure the long -term sustainability of this movement by using security tokens, and implement this project as an LST investment model. We give tokens to every form of plastic waste and build internal exchanges using smart contracts, so that everyone in the waste supply chain can easily monetize plastic waste. Blockchain This technique increases price transparency and can be used as a tracker for better waste management.
After that, we developed DeFi DApss, which allows garbage to be used as an asset. Scavengers and the community will be able to raise funds to increase their yields thanks to deFi. Finally, governance tokens that also act as dividend tokens will ensure the survival of the circular economic model in the long run. By making this approach an LST investment, we can increase its potential for global adoption.
OUR MISSION:
BY IMPROVING THE RECYCLING SYSTEM, WE SUPPORT THE CIRCULAR ECONOMY:
Plastic Finance focuses on plastic recycling by increasing the productivity of scavengers. We do not disrupt the waste value chain; rather, we add value to it, benefiting all stakeholders. Furthermore, we are sponsoring tree replanting initiatives to extract carbon from CO2 emissions, strengthening our commitment to the circular economy.
WE ENABLE THE WASTE COMMUNITY SO THAT THEY HAVE A BETTER SOCIAL STATUS IN THE COMMUNITY:
The goal of Plastic Finance is to empower the garbage community. We concentrate on activities that will increase their self -esteem, which will increase their productivity and well -being.
WE IMPLEMENT DEMOCRATIC ACCESS TO LST INVESTMENT:
With the support of the investor community, we can sustain and grow our efforts to enrich the recycling system and empower the waste community. We democratize access for everyone to participate in the global goal of recycling and empowering people with DApps and DeFi.
STABLE COIN AND BLOCKCHAIN TECHNOLOGY:
Can play an important role in motivating every home and MRF to simplify the funding of the plastic recycling industry. Using smart contracts, we can tokenize all types of regrind and plastic pellets, as well as build internal exchangers, allowing consumers and industry to easily monetize plastic waste. Next, we can develop DeFi Dapps that allow this garbage to be used as an asset.
DISCLAIMER OF LIABILITY
As always, DO YOUR OWN RESEARCH BEFORE investing your hard-earned BNB in these projects, and never invest more than you are willing to lose.
For more information on PLASTIK FINANCE click the link below
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