Plastik Finance
How Plastic Finance is Trying to Solve the Waste Problem in the World
Former bankers, former capital market players, plastic recycling entrepreneurs and prominent programmers from Bandung, Medan and Surabaya in Indonesia have joined forces to build a DeFi (Decentralized Finance) based application that offers plastic mill exchangers, plastic loans & savings banks, and coin indexes. stable based on recycled plastic.
Everyone knows that efforts to clean up plastic waste in the second most plastic polluted country, using digital mobile applications have started since the last 4 years. To name a few, 2 other startups are doing the same. However, Plastic Finance is more focused on the welfare of Plastic scavengers, by using DeFi & Blockchain technology, We are able to bypass the middlemen in the supply chain to the MRF (Material Recovery Facility) thus giving them a fair price from our exchange, and access to credit facilities through Plastic Finance DeFi.
Plastic Finance Crowdfunding created a PLAS token that represents the economic rights of this effort, so token holders will get royalty payments paid from exchange spreads and DeFi transaction fees, which is why we set up a co-op for it. Thus, the scavengers as members of the cooperative will have the option of being paid in cash or placing their plastic grinders as savings in the form of stablecoins.
Only through DeFi can we increase the trust of this campaign, because investors trust DeFi, trust the code, although not much freedom to use funds, but the growth of DeFi from 2019 with only USD1 billion total locked value (TVL) to USD60 billion TVL today is a testament to how people trust DeFi more than CeFi (Centralized Finance).
The AIRDROP campaign has just launched with a total of 1,000,000 PLAS tokens allocated for the airdrop. Plastic Finance is also looking for seed investors for this campaign, and we need to turn the plastic puzzle into a financial opportunity because plastic can be recycled and reused. Having economic value and more room to grow, the overall plastic recycling business is worth USD35 Billion and the total size of the plastics industry is USD625 Billion.
In short, Plastic Finance aims to be a Dapps (decentralized application), a plastic milling/pellet exchanger, DeFi, and an index of recycled plastic milling at the same time.
How the Platform Works
Plastic Finance works in two ways: empowering the waste community (such as scavengers, scavengers, etc.) and rewarding those involved in the network. Scavengers will be rewarded for their contributions, where they have the option to earn money in tokens or fiat (real) money. If they prefer crypto tokens, they can actually take part in the platform. They can use this platform to gain access to finance, and this is rare because the trash community is usually the unbanked. Well, with this platform, these unbanked people can finally enjoy financial access
PERON
Plastic Finance is Developing Mobile DApps which will be available soon on App store and Google Play.
MEDIA COVERAGE
Streetinsider.com, Yahoo!finance, Benzinga, Business Insider, Minyanville, Icommarks, AP Associated Press, Morning Star, Icoholder.
ROADMAP
According to Plastic Finance, the Token distribution percentage is well maintained with Air taking the lowest 1% and the highest 31% to Angel Investors
TOKEN CREATING EVENT
Tokenomics
Ticker : PLASToken Type : BEP-20 MainNetToken Address : 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06AAToken Sale Address : 0x1800C25a3Ed60B41766B8EE94f40CE05A84400007aBTTotal Supply of PLAS : 23.900.000
MEET CREATIVE TEAM
Useful links to projects
● https://linkedin.com/company/plastic-finance
● https://twitter.com/plastic_finance
● https://www.facebook.com/Plastic-Finance-110471187905120
● https://www.instagram.com/official_plasticfinance/
● https://www.tiktok.com/@plastic.finance?
● https://www.youtube.com/channel/UCxZvaGVdcOJ-_SnGaEn4kew
● https://medium.com/@Plastic_Finance
● https://plastic.finance/whitepaper.pdf
by; jasonyn
url https://bitcointalk.org/index.php?action=profile;u=2579432
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