Plastiks

Environmentalists oppose the idea of crypto and blockchain for reasons that have been said and heard. Plastiks wanted to alter that, and we are always looking for new ways to differentiate ourselves. As we approach the halfway mark of 2022, developing new alliances and improving our platform have truly helped us make significant progress towards our ultimate goal of averting climate change.Our first main step towards what we had in mind and what we felt was important to execute, was <a href="https://celo.org/" rel="noopener noreferrer nofollow">Celo,</a> a proof-of-stake blockchain platform with native stablecoins backed by a basket of crypto assets that is ecologically sustainable.The Celo reserve can develop an incentive mechanism that connects demand for stablecoins with the protection of natural capital by assigning a portion of these assets to natural capital.Therefore, the Climate Collective was founded in October 2021 as a community-driven initiative to combat climate change by tokenizing rainforests and other carbon-sequestering assets to allow natural capital-backed stablecoins on Celo.Over the next four years, the collective proposes that up to 40% of the Celo Reserve (which backs the Celo Dollar and Celo Euro stablecoins) be converted to tokenized rainforest and other carbon-sequestering assets.. Thus, supporting natural capital backed currencies on the Celo platform, inspired by Charles Eisenstein’s Sacred Economics.Our goal is to bring a new sort of regenerative tokenized asset called Plastic Recovery Guarantee (PRG) to CELO, as well as a thriving NFT marketplace that supports a diverse variety of communities and use cases, such as sports and entertainment. Celo’s carbon-neutral blockchain, would also help Plastiks by assisting in the carbon offset of its NFTs.Our CEO, <a href="https://uk.linkedin.com/in/andrevanyirobin" rel="noopener noreferrer nofollow">Andre Vanyi Robin</a>, strongly believes that partnering with Celo is a critical step for Plastiks in achieving our aim of increasing the economic value of recycled plastic. As a result, reducing the quantity of plastic waste that ends up in the environment.Having access to Celo’s carbon-neutral blockchain, and exchanging information with the Climate Collective’s diverse group of environmentally conscious partners, this will enable us to create more business synergies to help companies address their ESG agendas, while exploring innovative methods to regenerate our global communities employed by NFTs.

Plastiks and Celo - The Alliance for Climate Action

Plastiks

Other articles published on Jun 9, 2022

Whitelist Campaign: Golden Ticket

What is xSPECTAR and what could you xSPECT from it?

Caduceus & Coinhub Joint Airdrop

A detailed Essay to give Overview of the Xbit Coin Project

Anthony Howell (Elden Ring, World of Warcraft, Final Fantasy) to voice King Latymer in Domi Online

KubeCoin - The cryptocurrency for Travel and Leisure, is officially launching its ICO tomorrow

Join our free newsletter for daily crypto updates!