Exciting news in the green crypto sphere as web3 Recycle-to-Earn (R2E) platform Ecoterra’s native token, $ECOTERRA, reaches the $4.8 million mark in its presale. As fundraising progresses, the price of $ECOTERRA has risen to $0.00925 and will increase by an additional 8% once it hits $5.7 million.
Ecoterra is constructing a comprehensive $ECOTERRA-powered ecosystem designed to incentivize recycling and foster trade in recycled materials. Moreover, the platform will also encourage individuals and businesses to reduce their carbon footprints. The recent announcement of partnerships with major beverage brands such as Coca-Cola, Carlsberg, and Evian has further boosted the environmentally-conscious project, expanding its utility.
Users of the Ecoterra application will be able to scan and recycle bottles before depositing them at Reverse Vending Machines (RVMs) and receive $ECOTERRA cryptocurrency as a reward. The platform’s potential for global adoption is immense, as it supports Reverse Vending Machines worldwide.
Beyond recycling rewards, Ecoterra offers a carbon offset marketplace to facilitate carbon footprint reduction for individuals and businesses. The additional recycled materials marketplace enables businesses to purchase recycled goods using $ECOTERRA or other cryptocurrencies. Furthermore, Ecoterra’s Impact Trackable Profile feature leverages blockchain technology to enable users to monitor their environmentally-friendly practices in a transparent manner. This feature is poised to be popular among eco-conscious businesses seeking to enhance brand image and customer loyalty.
$ECOTERRA, the backbone of Ecoterra’s web3 ecosystem, is more than just a green utility token. The development team plans to launch a staking protocol in the future, providing token holders with a passive income stream, further incentivizing investment. With a two-billion token cap, 50% of the supply is allocated for presale investors, while the remaining percentage is distributed across ecosystem liquidity, marketing, and corporate adoption. Interestingly, only 5% is reserved for the development team.
As the importance of green web3 projects such as Ecoterra increases in global efforts to address climate change, predictions are high that the $ECOTERRA token will achieve significant value. Notably, crypto presale analyst Jacob Crypto Bury anticipates that $ECOTERRA has the potential to increase 10x in value when it launches across cryptocurrency exchanges later this year. Early investors stand to gain considerably, making now the perfect time to become involved in this ground-breaking and eco-conscious platform.
Source: Cryptonews
