Plastic Finance Project
Plastics are creating problems for the 16th generation, 400 years. 91% is not recycled, which ultimately impacts us and the environment. Plastic waste is everywhere. We eat plastic, drink plastic, and breathe plastic. More than two trillion plastic bottles are sold every minute, half of which are in Asia, with Indonesia ranking second to China’s biggest polluter.
Today, the term circular economy appears occasionally. In the old linear economy, the product cycle went from manufacturing or creation to the use phase, and in the end the product was disposed of as waste. But this old linear economy does harm the planet. Not everything we produce is biodegradable. In a circular economy, the product life is the same as the cycle From the manufacturing process to the use and disposal stage, as much as possible can be recycled and reused. Policymakers around the world are trying to achieve a more circular economy by reducing the amount of new resources needed to sustain the economy and minimizing the waste it generates.
Plastic Finance is the first blockchain-based plastic bank in Indonesia. Save scavengers from poverty. Providing bank loans to the poor through Defi. Financing Plastics will increase employment, education, access to services and skills for many Indonesians. It also helps the government achieve green initiatives or eco-based budgeting through soil conservation. Clean the environment at the same time while earning profit.
Recycling Reuse and Prosperity
What is plastic finance?
Plastics financing uses cryptocurrencies and blockchain technology to provide environmental, social and governance, also known as ESG-themed investments. One PLAS token with an open sale price is equivalent to 10 kg of CO2 per year and approximately 6.4 tonnes of recycled plastic per year. By recycling plastic finance, a number of benefits help with carbon emissions due to reforestation initiatives such as planting teak trees in areas in need of decarbonisation.
Financing Plastics empowers plastic waste collectors by providing them with financial inclusion and educational opportunities through collaboration and DeFi. For every 50 tonnes of recycling per hour, 50 people are needed in the supply chain. Plastic Finance aims to recycle 80,000 to 2,16,000 tonnes of plastic mill per year by the end of 2023.
Blockchain technology and stablecoins can play a big role in streamlining the funding of the plastic recycling industry by encouraging every household and MRF. Smart contracts can be used to tag every type of plastic shredder and pellet and create internal exchanges, making it easier for people and industry to monetize plastic waste, and blockchain provides more transparency for any plastic industry supply chain. You can also create DeFi Dapps (Decentralized Finance, Decentralized Applications) to turn waste into assets.
Plastic Finance Vision
Using blockchain and DApps, Plastic Finance can streamline the recycling business flow and empower waste pickers to get better paid for their hard work. Plastic Finance will create an app that will allow scavengers to store their waste as an asset in the form of the Grind stablecoin that can be sold to MRF, exchanged for cash, or pledged as collateral on the DeFi platform.
What are PLAS tokens?
PLAS is the basic token of the Plastic Financing ecosystem. PLAS was created to fund recycling projects and serves as a governance and ownership token to distribute or share revenue from recycling and DeFi transactions.
Plastic Finance charges a 5% fee of the price of the plastic flame-retardant inter-exchange spread and a 0.175% fee for depositing withdrawal transactions or loan payments on the DeFi platform. All these fees are collected in your wallet and can be distributed regularly using smart contracts.
Plastic Finance recovers 60% of its annual net profit through the cooperative’s recycling business. In turn, Plastic Finance will distribute costs and profit sharing to PLAS holders as dividends.
- Ticker: PLAS
- Token Type: BEP-20 MainNet
- Token address: 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A
- Token Sale Address: 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB
- Total Token Supply: 23,900,000 PLAS
Profit Sharing Plan
Plastic Finance distributes 10% of dividend income per tonne per day to green the project. Recycled ash crush can be used for 500-1280 teak trees to buy plant seeds.
Plastics Financing through MRF takes the circular economy stream one step further by allocating a number of tree planting programs (in collaboration with certified farmer organizations such as SINERGI FOUNDATION) for each amount of plastic recycled, allowing token holders to choose three. solve problems simultaneously. At the same time, carbon sequestration through plastic waste recycling, community cleaning and financial inclusiveness and tree planting.
One tree can contribute to the sequestration of 10Kg of carbon dioxide per year, so this initiative will contribute to the decarbonization potential of 21,000-40,000 tons of CO2 during its three years of operation.
Token Type: BEP-20 MainNet
Token Address: 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A
Token Sale Address: 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB
Total Token Supply : 23,900,000 PLAS
Profit Sharing Plan
Plastic Financing 10% of dividends is profit for reforestation projects metric tons per day of in-service recycling training which can be spent on purchasing seeds of 500-1280 teak trees, which is good for up to 10 kilograms of CO2 Absorption annually and for each tree.
Plastic financing from PEACE, taking the circular flow of the economy a step further, because of the pressure from the constant number of plants and trees to work with licensed farmer organizations such as the SINERGI FOUNDATION program, each in the amount of plastic recycling in the context of the use of token holders simultaneously will discuss 3 things, namely the recycling of plastic waste and cooking feed for the community and public finances, and the absorption of carbon dioxide by plants, trees,
Some trees, which can contribute 10 kg of Co2 per year, so the initiative will lead to a potential decarbonization of 21,000-40,000 tons of CO2-over 3 years.
How the Platform Works
Plastic Finance works in two ways: empowering the waste community (such as scavengers, scavengers, etc.) and rewarding those involved in the network. Scavengers will be rewarded for their contributions, where they have the option to earn money in 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 access to finance, and this is rare because the trash community is usually the unbanked party. Well, with this platform, these unbanked people can finally enjoy financial access
PLAS token type: BEP-20
MainNet token address: 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A
token sale Address: 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB
total token amount: 23,900,000 PLAS
TOTAL SUPPLY: 23,900,000 PLAS TOTAL
PUBLIC SALES: 2,000,000 PLAS @ USD1
INITIAL EMPLOYEE: 7,300,000 PLAS banned for up to 27 months
ACCREDITED INVESTOR SALES: 2,000,000 PLAS @ $0.375, minimum $20,000
presale @ USD 2,000,000
PLAS 0 ,6 AIRDROP or community grant: 1,000,000 PLAS
pre-sale hardcap + accredited sale = $
1,950,000 General hardcap total sales = $2,000,000 (can be planned at IFO if pre-sale and private sale are successful)
Hardcap amount: $ 3.950.000
. PLAS price calculation related to USD value
Plastic Finance focuses on recycling plastic by increasing the productivity of scavengers. Plastic Financing does not disrupt the waste value chain; Instead, they add value to the value chain for the benefit of all parties. In addition, we support tree replanting programs to remove carbon from CO2 pollution and thereby support our commitment to a circular economy.
Read more here:
️Official Twitter: @Plastik _Finance
️Official Telegram: https://t.me/plasticfinance
link url https://bitcointalk.org/index.php?action=profile;u=3122426