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The emergence of Ecoterra offers thrilling support for life preservation via a unique value proposition. With the increasing global focus on maintaining a greener environment, more campaigns have been for eco-friendly practices.
Ecoterra has gained popularity as a green Web3 startup in the crypto and blockchain industry. Recently, its presale has generated massive funds as the price of its native token, ECOTERRA, keeps rising progressively.
Amid the recent bearish trend in the crypto market, Ecoterra has put a distinctive performance generating over $4.8 million in a few weeks through the presale. Let’s see how Ecoterra makes other tokens green with envy.
What is Ecoterra (ECOTERRA)?
Ecoterra is a new eco-crypto protocol that rewards users for recycling some materials. It is a Web3 startup and a Recycle-to-Earn platform that promotes ecological and environmental sustainability.
Built on the Ethereum blockchain, Ecoterra is leveraging the Ethereum network’s popularity to introduce its Recycle-to-Earn (R2E) platform. Also, it includes security and transparency in its functionalities as a blockchain-based platform. Ecoterra aims to tackle environmental challenges with advanced and innovative technology and a deep commitment to life preservation.
The project has already received an award at the Istanbul Blockchain Summit 2023 for its push to promote a sustainable ecosystem.
It operates to establish a sustainable environment that will enhance blockchain-based activities in the future. The P2E platform allows users to earn ECOTERRA through recycling and trading carbon credits and other assets.
Ecoterra’s Explosive Presale
Ecoterra’s goals to create sustainable living through a recycling platform have drawn the attention of several investors who long to promote a green economy.
As a result, the crypto startup has recently witnessed a massive rush from investors in its presale. According to the official Twitter page, Ecoterra has raised $4.8 million through its presale.
The project noted that the funds would form part of its expanding operations and development of new innovations. Also, it will facilitate the promotion of a sustainable and greener environment.
The presale is still running with the price of Ecoterra at $0.00925. Lots of people are taking an interest in the eco-friendly function of the project. So, investors should rush quickly to buy ECOTERRA at the presale before the price increases.
Moreover, Ecoterra’s roadmap indicates that the token price will spike to $0.01 once the presale ends. It will be listed on centralized exchanges (CEXs) and decentralized exchanges (DEXs), offering paper gains of about 8.10% before the listing.
Ecoterra’s presale has just about 20 days left to end. The presale target is $5.7 million; the protocol could even hit the funds fewer days before the closure date. You could purchase the ECOTERRA coins only on Ecoterra’s official website with ETH, USDT, or a bank debit/credit card.
What Makes Ecoterra Unique?
Ecoterra has distinguished itself using its R2E platform, where users receive rewards for recycling some materials like plastics, glass, clothing, and others.
Here are some functionalities that make it unique.
- Rewards Users for Recycling
Ecoterra uses reverse vending machines (RVMs) to operate its R2E platform and reward users with the coin for recycling. Some recycling materials include bottles, plastics, glass, and aluminum cans.
Usually, the customers will scan the barcode of the recyclable material to earn an amount of the token if the code matches the protocol’s AI-powered database.
- Redefines Carbon Credit Market
The token is employing innovative approaches to create and promote a greener economy globally. The protocol has brought a revolution in the area of carbon credits through its two marketplaces.
- Carbon Offset Marketplace
The carbon offset marketplace provides customers with a means of offsetting their carbon footprint. They can get carbon credits in the marketplace by investing in tokens they got via recycling processes.
This helps them to easily engage in the process of offsetting their carbon footprint. Also, Ecoterra allows the use of their crypto assets for the process.
- Business Recycling Marketplace
Ecoterra offers a marketplace where businesses can purchase recycled materials using eco-friendly token or other cryptocurrencies. By engaging in the business marketplace, different brands could interact and select the material type they require in their business.
Then, they can seamlessly purchase such materials from any peer brand that desires to recycle the selected materials.
- Environmental Sustainability Through Transparency
Ecoterra is a DeFi protocol whose design is based on blockchain technology. Part of its functionalities includes maintaining transparency, a major sustainability issue.
The protocol provides a transparent platform where businesses can track their impact openly through applicable profiles. This system provides comprehensive activities on the profiles of all businesses registered on the platform.
The profiles highlight the number of materials all businesses recycled through Ecoterra. Also, it records their levels of commitment to carbon credits for the process of offsetting their carbon footprints. Ecoterra’s transparency remains an attractive critical point for the Web3 startup.
Conclusion
Ecoterra offers a recycle-to-Earn platform for customers. The new crypto project has gained popularity with its commitment to a sustainable and eco-friendly environment.
With the growing success in its presale, Ecoterra has proven its potential as one of the crypto assets with high returns in the future. Also, the utility level of its native token depicts a robust ecosystem that will last the test of time in the industry.
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