Plastic Finance, a Unique yet different DeFi based plastic bank for the Greater Improvement of their Environment

The plastic waste problem has jointly become a major problem. Therefore, proper handling is needed to process and produce useful new products for this hazardous waste. Recycling is one of today's most important measures to reduce that impact and one of the plastics industry's most dynamic sectors. And plastic recycling will also be used to overcome environmental pollution, as recycling can cut down on worldwide plastic waste. In this article, I shall try to see how financial dynamics make the use of virgin plastics over recycled plastics economically cautious even if it is disastrous for the environment.

The Climax Point

The plastic problem has become a major talking point across the entire world. Almost every country in the world is alarmed with how much plastic is being used and the effect it has on the environment. Plastic is an extremely convenient product to use. However, the problem with plastic is that when it is disposed of, it tends to pollute the environment. Plastic is disposed of either by burning it or by dumping it in landfills. However, both these methods are toxic and pollute the entire ecosystem. The harmful effects of plastic can be minimized by recycling it. This is why governments all over the world try to incentivize the use of recycled plastic over virgin plastic. However, even after all the encouragement, less than 16% of the total plastic used in the world is recycled!

How Is Plastic Finance Good For The Environment? What Value Does It Add?

First of all, Indonesia is the 2nd most polluted nation on earth after China. Statistically speaking they throw like 2 Billion plastic Bottles per minute, and roughly only 9% are recycled. This is a huge problem but also a huge opportunity. If they recycle the plastic waste into regrinds the gross profit margin is between 18-50% depending on materials, it could be grouped either HDPE or PP regrinds. That is the environmental factor of ESG. So, after some calculation, if they reach the hard cap of 3.8Million USD 1 plas equals approximately 6.4Ton recycled plastic/year, that if they according to plan create enough MRFs to process 50 tons/hour in total. Also, they plan to give 10% of their profit for the Greenify project of planting teak trees that is all about 1 plas =10Kg/year reduction of CO2.

Plastic finance's Mission

● Plastic finance promotes the circular economy by improving the recycling system.
Plastic Finance focuses on plastic recycling by increasing the productivity of waste pickers. They are not disrupting the value chain of waste; instead, they add value to the value chain to benefit all parties. Moreover, they support the tree replanting program to decarbonize CO2 pollution, further cementing their commitment to the circular economy.

● Plastic finance empowers waste communities so that they have a higher social standing in society.
Plastic Finance aims to enable the waste communities. They focus on activities that will increase their self-esteem, which improves their productivity and well-being.

● Plastic finance democratizes access to ESG investing.
Their effort to enrich the recycling system and empower waste communities can be sustained and widened with the help of investment communities. With Dapps and Defi, they democratize access for everyone to take part in a global mission to recycle and empower

Plastic's Token Sales

The authority is proud to announce that you are selling your token right now. Investors are chosen according to a valuable approach, which focuses on its strategic value for Plastic Finance and can above all refinance the vision of Plastic Finance. It benchmarks investors through experience in the Crypto portfolio, problem-solving management, access to crypto exchanges and onboard platforms. The main aim of their private token sales is to integrate key actors and community members of the Defi & circular economy ecosystem that can make a significant contribution to expanding the plastic finance network by forming a base for a healthy symbolic economy.

Plastic Finance aims to be a Dapps, internal exchanger, DeFi, and recycle plastic grinds index altogether. Indonesia is the number 2 world plastic polluters in the world, they do have potential as part of the recycling plastic supply chain. By integrating DeFi into a cooperative mobile app, the garbage collector can exchange their plastic waste directly for cash. The waste collector can choose either to convert their waste to cash or save through DeFi using Binance Smart Contract technology. If you want to save the earth you have to invest in this project.