The carbon credit market offers a pathway for companies around the world to reduce their greenhouse gas emissions from industrial production. In recent years, more companies have pledged to help stop climate change by reducing their greenhouse gas emissions as much as possible, doing their part in the battle against global warming.
Recently, Mckinsey & Company, a highly respected global management consulting firm, estimated that the global carbon credit could reach $50 billion by 2030 as more companies and individuals begin to purchase carbon credits to reduce their carbon footprint. carbon.
With the rapidly expanding market, many analysts believe that Ecoterra is the best token to buy now as it stands at the forefront of the green Web3 revolution. Here are five reasons why analysts believe Ecoterra stands apart from its competition.
1. Ecoterra Encourages Everyone to Recycle
Ecoterra has created an innovative solution that provides a suitable incentive to encourage everyone to start recycling. The project focuses on rewarding people for taking action on climate change and has created a unique Recycle2Earn app that guides users through the entire recycling process and rewards them for participating.
The green project has transformed the mechanics of Web3 GameFi to benefit the global environment and help propel the world towards a more sustainable future. Previously, GameFi mechanisms were used to reward gamers for playing their favorite games in the play-to-win movement, which spawned hundreds of Web3 P2E game projects. They were also used in the Move-to-Earn revolution, which incentivized users to stay healthy through actions like walking, running, and jogging.
Now, Ecoterra plans to transform the previously successful GameFi mechanic into a Recycle2Earn revolution, encouraging people around the world to start making an effort to recycle and do their part to contribute positively to the environment.
The whole idea behind the project is to educate the public about the need to recycle and give them the incentives to do so. Users are rewarded every time they recycle using the app, as long as they follow all the instructions outlined.
2. Recycle2Earn in three easy steps
Ecoterra has made sure its Recycle2Earn solution is as simple as possible and claims that users can start earning rewards for recycling in three simple steps; Scan, recycle and earn.
The first step is to scan the barcode of any recyclable product in the app to search through the AI-powered Ecoterra database to find an instant match. Users can use the app to scan barcodes on plastic, glass and aluminum products to receive a quote on how much they could earn for recycling the products. Also, if a user has solar panels installed, they can scan their electricity bills to earn Ecoterra on any green energy produced.
Ecoterra is working hard to establish high-profile partnerships with corporations to include their products in the AI-powered database. For example, bottled water brands like Bittel and San Pellegrino were added to the database, along with popular companies like Dr. Pepper and Heineken. In addition, Ecoterra is promoting a partnership with Nestlé to include all its products in the Ecoterra application.
Once the barcode is scanned, the next step is to recycle. Then, the application will direct the user to the Reverse Sales Machine closest to their location to deposit the recyclable products. The RVM industry was valued at $372 million in 2020 and is expected to reach $740 million by 2030, indicating the growth of the market for these recycling vending machines. As a result, everyone using the app will be able to find an RVM close enough to participate.
After the products have been recycled, users simply need to take a photo of the RMV receipt and upload it to the app to earn rewards for recycling at Ecoterra.
3. Buy verified carbon credits
Analysts also believe that Ecoterra is one of the best tokens to buy right now because it offers so much more than just a Recyle2Earn platform. For example, another product in their green suite is their Carbon Offset Marketplace, which allows users to purchase fully verified carbon credits to reduce their carbon footprint.
As mentioned, carbon credits help industries offset their greenhouse gas emissions by removing CO2 from the atmosphere. However, the purchase of carbon credits is often restricted to large corporations, with individuals and small businesses scrambling for genuine carbon credits.
Well, with the Ecoterra Carbon Offset Marketplace, individuals and small businesses can finally buy genuine carbon offsets in partnership with VERA, opening the doors to a whole new group of users who can reduce their carbon footprint.
4. Source environmentally friendly recycled materials and exhibit positive actions
In addition to the Carbon Credit Market, Ecoterra also offers a Recycled Materials Market, which allows users to buy recycled materials such as plastic, glass or aluminum. Using the marketplace, individuals and businesses can connect with businesses around the world to purchase recycled materials.
The app allows users to browse, filter, and find the exact materials they are looking for. Additionally, they can search for materials with the most significant positive environmental impact and post special requests to find materials with unique specifications.
Once users have found the required materials, they can purchase them in the app and pay with Ecoterra, cryptocurrency or fiat.
Ecoterra also contains a profile for all users, allowing them to keep track of all their positive actions in the Ecoterra ecosystem. The Trackable Impact Profile is designed to empower businesses and reward customers for continuing to do green things that benefit the environment.
Impact’s trackable profile allows users to lead the way with recycling rewards and display their positive actions in the app. It also allows companies to position themselves as leaders in the fight against climate change, inspiring their consumers to start recycling.
5. Ecoterra targets a wide range of users
🔄♻️ Here are 3 easy ways to recycle with Ecoterra:
🗑️ Drop off recyclables at any RMV
👕 Take used clothing to retailers that recycle it
🔋 Switch to renewable energy
— ecoterra (@ecoterraio) April 13, 2023
The app is designed to reach a wide range of users, including individuals, small businesses, large corporations, industries, governments, and NGOs. Members of these categories can use Ecoterra to their benefit, helping them recycle and earn through the process.
The best part of the ecosystem is that it is adaptable for a wide range of companies in various industries. For example, companies like Coca-Cola and Pepsi can use the app to encourage their consumers to recycle their products to earn rewards through the Ecoterra ecosystem. It could also be used in the clothing industry, where companies like H&M, Zara and Nike can instruct customers to recycle their clothes once they’re ready to be thrown away.
Currently, Ecoterra has established alliances with Delhaize (Lion), one of the largest supermarket chains operating in Europe, North America and Asia, to facilitate recycling for users. All Delhaize stores will have RVM on site, allowing Ecoterra users to deposit their cans, plastics and cartons each time they shop.
Ecoterra Presale Continues to Gain Momentum After Raising Nearly $2 Million
As you can see, it is not surprising to understand why investors are quick to get involved in the Ecoterra pre-sale. So far, Ecoterra has managed to raise almost $2 million in its fundraising efforts, just three weeks after kicking off in the last days of March 2023. This shows unprecedented interest in the pre-sale, as investors believe the Recycle2Earn app will be the next big thing. in DeFi.
The presale is spread over nine separate stages and is currently in the fourth stage. The current stage of the presale is selling the token for $0.006250. However, it is important to note that the Ecoterra pre-sale uses a rising price mechanism, which means that the cost of the Ecoterra token will increase during each subsequent pre-sale stage. As a result, once the fourth stage ends and the fifth begins, the price of Ecoterra will increase to $0.007. Therefore, those who invest in Ecoterra during the early stages of the pre-sale will benefit the most, as they leave the fundraiser with higher unrealized gains. Additionally, Ecoterra has stated that they intend to launch the token on Tier 1 exchanges at a price of $0.01, providing substantial unrealized gains for all participants once the fundraising is complete.
Ecoterra is the native token that will power the entire ecosystem. Users will be rewarded in Ecoterra for recycling and will be able to purchase recycled materials and carbon credits using their rewards to further contribute to the environment. The token has been audited by CertiK, one of the largest security firms in the crypto space, to prevent the possibility of a rug attack. The equipment has also been CertiK verified, meaning investors need not worry about running out of funds.
Visit Ecoterra Today
Overall, Ecoterra has used the GameFi sector to help push the world in a more sustainable direction. With the carbon credits market expected to reach $50 billion by 2030, Ecoterra is positioning itself ahead of the competition with its Recycle2Earn ecosystem.
This post With McKinsey predicting that the carbon credits market will reach $50 billion by 2030, here are five reasons why Ecoterra is the best token to buy now.
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