The revolutionary web3 Recycle-to-Earn (R2E) platform Ecoterra has recently added a slew of major beverage brands, including Coca Cola, Carlsberg, and Evian, to their ecosystem. By integrating these well-known brands, Ecoterra aims to further boost its environmentally conscious protocol’s utility and encourage more users to participate in their recycling initiatives.
With the ecoterra application, users can now scan and recycle bottles from these brands and others, such as Dr. Pepper, via Reverse Vending Machines (RVMs). In return, users are rewarded with cryptocurrency for their eco-friendly behavior. This significant expansion serves as a testament to the award-winning project’s commitment to lead web3’s push towards promoting environmentally friendly behaviors.
As mentioned in the project’s Whitepaper, ecoterra is developing an all-encompassing web3 ecosystem powered by $ECOTERRA. The platform is designed to encourage recycling through the first-of-its-kind R2E system, facilitate trade in recycled materials, and motivate individuals and businesses to offset their carbon footprints.
With broader adoption of cryptocurrencies anticipated in the years ahead, nascent green web3 projects such as ecoterra are expected to play increasingly essential roles in combating climate change worldwide. This is reflected in the tremendous success of ecoterra’s ongoing crypto presale, which aims to fund the development of their platform. So far, the project has managed to raise a staggering $4.35 million in less than two months.
However, investors who wish to be early backers of one of the most promising green web3 projects should act fast. Once the presale reaches the $4.775 million mark, ecoterra’s native $ECOTERRA crypto token will experience a 9% price increase. $ECOTERRA will later be listed across major exchanges at a higher price, providing early investors with potential paper gains of around 17%.
Ecoterra showcases the potential of blockchain technology to encourage eco-friendly actions in various ways, such as rewarding recycling, facilitating carbon offsetting, and tracking environmental impact using the blockchain’s transparency. The platform includes a carbon offset marketplace, a recycled materials marketplace, and a feature for tracking environmentally friendly practices—creating the ultimate all-in-one solution for eco-conscious individuals and businesses.
As the $ECOTERRA token powers the ecoterra platform, it possesses inherent utility. The development team also plans to introduce a staking protocol in the future, enabling ECOTERRA holders to generate passive income streams through their token holdings. With a capped supply of two billion ECOTERRA tokens and rising interest in environmentally responsible web3 projects, the $ECOTERRA token is considered by many to have a promising future.
As such, green web3 projects like ecoterra are expected to be vital components of global efforts to tackle climate change in the coming decades. This potential has led popular British crypto presale analyst Jacob Crypto Bury to speculate that $ECOTERRA may even 10x upon its launch across cryptocurrency exchanges later this year.
Source: Cryptonews
