Plastic finance for your life

Intro:

we all know our earth is dying. even if we don't do anything we are the same as letting our future generations live in gloom. therefore. let's rebuild our earth for the future of the next generation

Let’s take a look at how Plastic can be recycled with a noble endeavour. Plastic Finance is Indonesia's first blockchain-based Plastic-type bank. Alleviate garbage collectors from poverty. Give bank loan access to the poor's through Defi. Plastic Finance will develop access to employment, education, services, and technology for many Indonesians. Also, it will help the government to achieve green planning or ecology-based budgeting through soil upkeep. Clean the atmosphere while profiting through it at the particular same time.

Plastic Finance offers a good environment, social plus governance called Electronic. S. G concept investing using cryptocurrency and blockchain technologies. 1 PLAS token at a market cost equal to ten kg each year co2 and approximately six. 4 tons each year of recycled plastic material. By recycling, Plastic Finance helps co2 emission as a few fixed quantity of income proceeds to greenify initiative like growing teak trees within the need part of decarbonization.

Focal Point of plastic Finance

Plastic Finance focuses on plastic recycling simply by increasing the efficiency of waste pickers. And plastic recycling, where possible, may also be an option that can be utilized to overcome environmental air pollution because recycling may reduce the number of plastic waste materials that exist within the world. Plastic Finance not disrupting the worth chain associated with waste; instead, these people add value to the value chain to benefit all parties. Moreover, they support the tree replanting program to decarbonize CO2 pollution, further cementing their commitment to the circular economy.

Plastic Finance Token

PLAS is issued by smart contract and governed by a smart contract, once a smart contract is deployed it can not be changed. Although PLAS is born from a cooperative business environment, there is no entity that controls it, we use to call DeFi is a DAO (Decentralized Autonomous Organization). The team only design the SMART CONTRACT, but day to day technical operation is controlled automatically by an algorithm written in Smart Contract.

Tokenomics Of Plastic Finance

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

The strategies of Plastic Finance

Using blockchain and DApps, we can streamline recycling business flow and empower the scavengers so they get better treatments for their hard work. The scavengers will form a cooperative to increase their bargaining power. The cooperative then will have some ownership in MRF. The scavengers (the member of the cooperative) will sell their waste directly to the MRF. By combining their work into a cooperative, scavengers can bargain better and standardized price for their waste. They also get a certainty to be able to sell their waste. Meanwhile, the MRF also benefit from the continuity of waste supply from the scavengers.

The bond between cooperative and MRF is established through the ownership of cooperative in the MRF. Plastic Finance will create an app that scavengers can use to sell their waste to MRF, exchange it with cash or store it as an asset in the form of grind’s stable coin which can be collateralized in our DeFi platform. Plastic Finance (see picture.4) will collect a 5% fee from plastic regrinds internal exchanger spread price and a 0.175% fee from saving withdrawal or loan payment transaction in the DeFi platform. All of these fees will be pooled in a wallet and using a smart contract, can be distributed regularly (quarterly or semi-annually). so, It would be more secure if you join and invest here.

RoadMap