kemi123: Plastic Finance token for plastic recycling

Hello everyone, this new post I want to introduce about the project. { Plastic Finance } is very interesting and good that is and for more details, let's go to the following discussion:

#Plastic #finance #ESG #Compliant #plasticfinance #plastic #bitcoin #ico
Plastics are making a problem for the 16th generation, 400 years. 91% is not recycled, which ultimately affects 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 is in Asia, with Indonesia ranking second below China's largest polluter.

Today, the term circular economy comes up every now and then. In the old linear economy, the product cycle takes place from manufacturing or creation to the use phase, and at the end the product is disposed of as waste. But this old linear economy does harm the planet. Not everything we produce is biodegradable. In a circular economy, a product's life is equal to its cycle. From the manufacturing process to the use phase and disposal, as much as possible can be recycled and reused. Policymakers around the world seek to achieve a more circular economy by reducing the number of new resources needed to sustain the economy and minimize the waste it generates.

Plastic Finance is Indonesia's first blockchain-based plastics bank. Save the garbage collector from poverty. Provide bank loans to the poor through Defi. Plastic Finance will improve employment, education, access to services and skills for many Indonesians. It also helps governments achieve green initiatives or ecology-based budgeting through soil conservation. Clean the environment at the same time while profiting at the same time.

Recycle Reuse and Prosperity

What is plastic finance?
Plastic finance uses cryptocurrencies and blockchain technology to provide environmental, social and governance, also known as ESG-themed investments. One PLAS token at an open sale price equivalent to 10 kg of CO2 per year and approximately 6.4 tonnes of recycled plastic per year. By recycling plastic finance, a certain amount of profit helps with carbon emissions as it greens initiatives like planting teak trees in areas that need decarbonization.

Plastic Finance empowers plastic waste collectors by providing them financial inclusion and educational opportunities through collaboration and DeFi. For every 50 tons per hour recycled, 50 people are needed in the supply chain. Plastic Finance aims to recycle 80,000 to 2,16,000 tons of plastic grinds per year by the end of 2023.

Blockchain technology and stablecoins could play a huge role in streamlining the funding of the plastic recycling industry by encouraging every household and MRF. Smart contracts can be used to tokenize each type of plastic shredding and pellets and create an internal exchange, making it easy for people and industries to monetize plastic waste, and blockchain brings more transparency to each plastic industry supply chain do. You can also create DeFi Dapps (Decentralized Finance, Decentralized Applications) to collateralize waste into assets.

Plastic Finance Vision

Using blockchain and DApps, Plastic Finance can streamline recycling business flows and empower scavengers to be better paid for their hard work. Plastic Finance will create an app that will allow scavengers to store their waste as assets in the form of Grind's stablecoins that can be sold to MRFs, exchanged for cash or collateralized on the DeFi platform.

What is PLAS token?

PLAS is the basic token of the Plastic Finance ecosystem. PLAS was created to fund recycling projects and serves as a governance and ownership token for distributing or sharing revenue from recycling and DeFi transactions.

Plastic Finance collects a 5% fee from the price of the plastic refractory inter-exchange spread and 0.175% fee for storing withdrawals or loan payment transactions 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 its cooperative recycling business. In turn, Plastic Finance will distribute the fees and profit-sharing to PLAS holders as dividends.

Tokenomics

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 shares 10% of dividend income per ton per day to green the project. Ash crush recycling can be used for 500-1280 teak trees to buy seed plants.

Plastic Finance via MRF takes the circular economy stream a step further by allocating a fixed amount of tree planting (in collaboration with certified grower organizations such as SINERGI FOUNDATION) programs for each amount of recycled plastic, allowing token holders to choose three It allows you to solve problems at the same time. At the same time, carbon absorption through plastic waste recycling, cleaning communities and financial inclusivity and planting trees.

One tree can contribute to the uptake of 10Kg of carbon dioxide per year, so this initiative will contribute to the potential decarbonization of 21.000-40.000 tonnes of CO2 during its three-year operation.

roadmap

token sale
Total Supply: 23.900.000 PLA
Total public sale: 2.000.000 PLAS @ USD1
Initial Contributors: 7.300.000 PLAS Up To 27 Months Lock
Qualified Investor Sale: 2.000.000 PLAS @ USD 0,375 Minimum USD20.000
Presale: 2.000.000 PLAS @ USD 0,6

AIRDROP or Community Grant: 1000.000 PLAS
Hard Cap Presale + Authorized Sale = $1.950.000
Hardcap Public Sales Total = $2.000.000,- (can be planned with IFO if pre-sale and private sale are successful)

Total Hard Cap: $3.950.000
PLAS price calculations are pegged to USD values.

conclusion

Plastic Finance focuses on recycling plastics by increasing the productivity of waste pickers. Plastic finance does not disrupt the value chain of waste. Instead, it adds value to the value chain to benefit all parties. We also support tree planting programs to eliminate CO2 pollution, further solidifying our commitment to a circular economy.