Plastic is a pretty unbreakable substance; it can take hundreds of years for plastic to decompose. Thus garbage collectors or other groups are used to recycle plastic waste to keep it from piling up. The problem is that recyclers, especially garbage pickers, are not adequately compensated for their labour.
Plastic Finance is ready to help by offering a platform for trash communities to be empowered. Plastic Finance works by creating a platform that promotes a circular economy and improves recycling procedures. Plastic Finance can create an ecosystem that empowers all players, notably garbage pickers, by allowing them to receive incentives commensurate with their efforts and improve their social status by utilizing DeFi.
Plastic Finance In Brief
Plastic Finance is the first blockchain-based plastic bank in Indonesia. Garbage collectors' hardship should be alleviated. Through Defi, provide disadvantaged people with access to bank loans. For many Indonesians, plastic Finance will increase their access to jobs, education, services, and technology. Assist the government in achieving green planning or ecology-based budgeting by preserving soil. Please clean up the environment while also benefiting from it.
Plastic Finance uses bitcoin and blockchain technologies to offer an E.S.G (ecological, social, and governance) theme investment. At the public auction price, 1 PLAS token equals 10 kg of CO2 per year and about 6.4 tons of recycled plastic per year. By recycling plastic, Plastic Finance helps to reduce carbon emissions by allocating a certain amount of earnings to green initiatives such as planting teak trees in decarbonization hotspots.
PLAS Exchange Listing
Plastic Finance will make sure that the PLAS token is accessible for purchase by the general public via Pre-Sale after the Private sale. And they'll keep being listed on controlled and decentralized exchanges. A few notable exchanges have approached us in the previous two weeks, and the public sale listing will not be as difficult as they had anticipated. Rest assured, they will focus on establishing a liquid market for PLAS token from day one. In reality, they've set aside 5% of the overall PLAS supply as liquidity pool provisions. The private sale is only the beginning of their journey; they must next delve deep into the genuine activities of cleaning Indonesia, elevating the underprivileged population, trash scavengers, and decreasing CO2 emissions through DeFi.
Plastic Finance Profit Sharing Scheme
Plastic Finance donates 10% of its dividend earnings to a greening initiative every ton per day regarding recycling, which may be used to purchase seed plants for 500-1280 teak trees, each of which absorbs 10kg of CO2 per year.
Plastic Finance's MRF requires the circular economy one step further by dedicating a fixed amount of tree planting (working with certified planters such as Sinergi Foundation) program for each amount of plastic recycled, allowing token holders to simultaneously address three problems: plastic waste recycling, scavenger community, and financial inclusivity. Because one tree may absorb 10 kilograms of CO2 each year, the initiatives might result in the decarbonization of 21.000-40.000 tons of CO2 over three years.
Plastic Finance Roadmap
Plastic Finance started this project by creating an idea, a team, a token airdrop, a legal business in Indonesia with limited liabilities, a company in Seychelles, a cooperative, advisor boarding, defi coding, and a smart contract audit. The company then went on to early contributor funding, private sales, and acquiring a 300kg/hour regrind machine, showing the public, investors, and token holders that Plastic Finance's principles were being put into practice.
Plastic Finance will start pre-sales, start the defi, move to the exchanger, make it fully operational, and improve specific features when it is successful. All of this is possible if Plastic Finance obtains support from the community, investors, and token holders, all of whom are crucial to the platform's functioning and development.
Plastic Finance is a financial platform dedicated to the recycling of plastic trash. Plastic Finance uses a circular economy model to boost the efficiency of garbage collectors and communities that participate in the recycling network. Plastic Finance hopes to enhance the recycling system by empowering all players, making it more contemporary, inventive, and beneficial for all parties, encouraging more people to recycle plastic.
Useful links to projects
● https://linkedin.com/company/plastic-finance
● https://twitter.com/plastic_finance
● https://www.facebook.com/Plastic-Finance-110471187905120
● https://www.instagram.com/official_plasticfinance/
● https://www.tiktok.com/@plastic.finance?
● https://www.youtube.com/channel/UCxZvaGVdcOJ-_SnGaEn4kew
● https://medium.com/@Plastic_Finance
● https://plastic.finance/whitepaper.pdf
Author
● BTT Username: btc4future
● BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1771077
● Telegram : @BTC4future7
● BEP-20 Wallet: 0x0C16ab8Bff25309ee601A09e8AD8E7bC83156D74
