Plastic Financing: Recycle, Reuse, Prosper

Plastics are creating problems for the 16th generation, 400 years. 91% is not recycled, which ultimately impacts us and the environment. Plastic waste is everywhere. We eat plastic, drink plastic, and breathe plastic. More than two trillion plastic bottles are sold every minute, half of which are in Asia, with Indonesia ranking second to China's biggest polluter.

Today, the term circular economy appears occasionally. In the old linear economy, the product cycle went from manufacturing or creation to the use phase, and in the end the product was disposed of as waste. But this old linear economy does harm the planet. Not everything we produce is biodegradable. In a circular economy, the product life is the same as the cycle From the manufacturing process to the use and disposal stage, as much as possible can be recycled and reused. Policymakers around the world are trying to achieve a more circular economy by reducing the amount of new resources needed to sustain the economy and minimizing the waste it generates.

Plastic Finance is the first blockchain-based plastic bank in Indonesia. Save scavengers from poverty. Providing bank loans to the poor through Defi. Financing Plastics will increase employment, education, access to services and skills for many Indonesians. It also helps the government achieve green initiatives or eco-based budgeting through soil conservation. Clean the environment at the same time while earning profit.

Recycling Reuse and Prosperity

What is plastic finance?

Plastics financing uses cryptocurrencies and blockchain technology to provide environmental, social and governance, also known as ESG-themed investments. One PLAS token with an open sale price is equivalent to 10 kg of CO2 per year and approximately 6.4 tonnes of recycled plastic per year. By recycling plastic finance, a number of benefits help with carbon emissions due to reforestation initiatives such as planting teak trees in areas in need of decarbonization.

Financing Plastics empowers plastic waste collectors by providing them with financial inclusion and educational opportunities through collaboration and DeFi. For every 50 tonnes of recycling per hour, 50 people are needed in the supply chain. Plastic Finance aims to recycle 80,000 to 2,16,000 tonnes of plastic mill per year by the end of 2023.

Blockchain technology and stablecoins can play a big role in streamlining the funding of the plastic recycling industry by encouraging every household and MRF. Smart contracts can be used to tag any type of plastic crusher and pellet and create internal exchanges, making it easier for people and industry to monetize plastic waste, and blockchain provides more transparency for any plastic industry supply chain. You can also create DeFi Dapps (Decentralized Finance, Decentralized Applications) to turn waste into assets.

Plastic Finance Vision

Using blockchain and DApps, Plastic Finance can streamline the recycling business flow and empower waste pickers to get better paid for their hard work. Plastic Finance will build an app that will allow scavengers to store their waste as an asset in the form of Grind stablecoins that can be sold to MRF, exchanged for cash, or pledged as collateral on the DeFi platform.

What are PLAS tokens?

PLAS is the basic token of the Plastic Financing ecosystem. PLAS was created to fund recycling projects and serves as a governance and ownership token to distribute or share revenue from recycling and DeFi transactions.

Plastic Finance charges a 5% fee of the price of the plastic flame-retardant inter-exchange spread and a 0.175% fee for depositing withdrawal transactions or loan payments on the DeFi platform. All these fees are collected in your wallet and can be distributed regularly using smart contracts.

Plastic Finance recovers 60% of its annual net profit through the cooperative's recycling business. In turn, Plastic Finance will distribute costs and profit sharing to PLAS holders as dividends.

Tokenomics

Ticker: PLAS
Token Type: BEP-20 MainNet
Token address: 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A
Token Sale Address: 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB
Total Token Supply: 23,900,000 PLAS

Profit Sharing Plan

Plastic Finance distributes 10% of dividend income per tonne per day to green the project. Recycled ash crush can be used for 500-1280 teak trees to buy plant seeds.

Plastics Financing through MRF takes the circular economy stream one step further by allocating a number of tree planting programs (in collaboration with certified farmer organizations such as SINERGI FOUNDATION) for each amount of plastic recycled, allowing token holders to choose three. solve problems simultaneously. At the same time, carbon sequestration through plastic waste recycling, community cleaning and financial inclusiveness and tree planting.

One tree can contribute to the sequestration of 10Kg of carbon dioxide per year, so this initiative will contribute to the decarbonization potential of 21,000-40,000 tons of CO2 during its three years of operation.

Tokonomics

Ticker: PLAS

Token Type: BEP-20 MainNet

Token Address: 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A

Token Sale Address: 0x1800C25a3Ed60B41766B8EE94f40CE05A84407aB

Total Token Supply : 23,900,000 PLAS

Profit Sharing Plan

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Plastic Financing 10% of dividends is profit for reforestation projects metric tons per day of in-service recycling training which can be spent on purchasing seeds of 500-1280 teak trees, which is good for up to 10 kilograms of CO2 Absorption annually and for each tree.

Plastic financing from PEACE, taking the circular flow of the economy one step further, due to the pressure from the constant number of plants and trees to work with licensed farmer organizations such as the SINERGI FOUNDATION program, each in the amount of plastic recycling in the context of the use of token holders simultaneously will discuss 3 things, namely the recycling of plastic waste and cooking feed for the community and public finances, and the absorption of carbon dioxide by plants, trees,

Some trees, which can contribute 10 kg of Co2 per year, so the initiative will lead to a potential decarbonization of 21,000-40,000 tons of CO2-over 3 years.

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

Roadmap

RECYCLE, RECYCLE — USE, PROSPER

1 PLAS Token = 6.4 Tons of Recycled Plastic/Year.

Mission

1. We advance to the global economy, and the improvement of the waste management system

Plastics and Finance, focus on recycling plastic materials is improving collector efficiency. What we need to do is not disruptive in the fall of the year, but we can add value to the supply chain for the benefit of all stakeholders. In addition, we have trees in a transplant program to remove carbon from CO2 pollution, which will continue to increase our participation at the roundtable.

2. We give garbage to society, and have a higher social status in society

Plastics Fund is committed to promoting waste materials in society to take advantage of opportunities. We want to focus on activities that will increase their self-esteem, increase their productivity and well-being.

3. We will have more affordable access to ESG funds

In our efforts to improve our exhaust gas and waste recycling systems a large community can be used to support and invest in our community. With dApps, and Security systems, we are democratizing access for everyone, to participate in global missions of recovery and awareness.

Peron

Mitra Media

Conclusion

Plastics and Finance, focus on recycling plastic materials is improving collector efficiency. Plastics do not lead to the breakdown of waste in the value chain; instead, it adds value to the supply chain to the benefit of all parties involved. In addition, we have trees in the transplant program to remove carbon from CO2 pollution and to further strengthen our commitment to cutting the economy.