Ecoterra is a brand new eco-friendly cryptocurrency project that will allow users to help fight the climate crisis and earn cash via its revolutionary mobile app.
Users simply scan every day recyclable household waste and earn instant rewards – the project has already raised more than $5.2 million in its presale and is set for listing on exchanges in Q3 2023, with the app scheduled for release by the end of the year.
The ecoterra app not only allows for those rewards – received with the native ECOTERRA tokens – to be sold on exchanges but they can also be spent to further a user’s green efforts.
Recycle-to-Earn Cash with Ecoterra
Ecoterra works from a very simple and unique Web3 concept it calls ‘Recycle2Earn’.
After downloading the mobile app, users take recyclable household items such as plastic/glass bottles and cardboard boxes to a supermarket that has a Reverse Vending Machine (RVM).
Users then simply scan the barcode and deposit the item in the RVM, which are available in tens of thousands of supermarkets around the world.
The app then uses its AI-powered algorithm and database to assign a value to the item, before instantly depositing $ECOTERRA tokens to the user’s wallet. The tokens can then be sent to an exchange to earn cash.
The project has already partnered with multinational supermarket farm Ahold Delhaize, which operates more than 1,000 stores in the US – including Food Lion and Stop & Shop – as well as thousands more across Europe and Asia.
The ecoterra app also allows users to earn extra tokens if they have solar panels, for example, simply by scanning an electric bill.
Double Your Green Efforts
However, while cash rewards will be a huge driving factor for many ecoterra users, the mobile app also has other features that will help others make an even bigger impact on the environment.
Ecoterra will have a Carbon Offset Marketplace where eco-conscious users can then use their earned ECOTERRA to purchase carbon credits as well as fund other green projects.
Carbon credits are like vouchers that equate to one tonne of CO2 being removed from the atmosphere, while other projects will be fully vetted and verified and could include ocean clean-up or reforestation. Users also receive NFTs for their environmental contributions.
Ecoterra has partnered with VERRA, which is a world-leading standard for certifying carbon emission reductions.
Designed to appeal to both individuals and businesses, ecoterra also has a Recycled Materials Marketplace, where a business can improve their sustainability efforts by purchasing recycled plastic, glass or aluminum with ECOTERRA tokens or other cryptos – such as Bitcoin and USDT.
The app will also have an Impact Trackable Profile, which is a public profile or a company’s actions and environmentally friendly practices.
With many customers choosing to shop with brands and stores that put green choices first, the profile will be an important way to allow customers to understand the eco-friendly efforts a business is making.
Eventually, ecoterra wants to introduce a QR code or barcode on the labels of major projects, where users would instantly be able to find their Impact Trackable Profile.
Ecoterra Presale Info
Ecoterra is now in stage of its 8-stage presale with tokens currently available for $0.00925.
More than $5.2 million has been raised, with the price of $ECOTERRA to increase 8.1% to $0.01 in the final stage.
The project, which has been developed by a doxxed and KYC-verified team, will move into the final stage at the end of June, leaving limited time to purchase tokens before their price increase.
Once the final stage is sold out, with a hard cap of $6.7 million, the project will then head for its initial exchange offering – which is expected in Q3.
There is a max supply of 2 billion tokens, with 50% of those made available during the presale with no vesting period.
Much of the remaining supply has been reserved for project liquidity (25%) which is locked for six months and then vested over a year.
A further 10% for marketing (3 months locked, monthly vesting for a year), and 5% each for listings (no vesting), company adoption (3-month lock, 1-year vesting) and the team (1-year lock, 3-year vesting).
More information can be found in the ecoterra whitepaper and the latest news in the Telegram group.
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