About 350 million metric tons of plastic waste is generated globally each year, an amount that can fill over 10 million fully loaded garbage trucks. The majority of this plastic waste is either burned or disposed of in landfills, ultimately contaminating our air, land, and oceans.
Worse still, worldwide waste production is expected to increase by 70% by 2050, and only a fraction of our current waste is being recycled.
In 2020, the waste management market had a value of $1.6 trillion and is projected to reach $2.5 trillion by 2030, growing at a compound annual growth rate (CAGR) of 3.4% from 2021 to 2030.
The more we can shift the industry to capitalizing on recycling opportunities and move away from wasteful practices that throw away both resources and profits, the better our environment and the economy will be.
This is where one upcoming solution is set to shine.
Ecoterra's upcoming green crypto project is a timely and necessary solution to address pressing waste management-related environmental concerns.
By incentivizing recycling and promoting a circular economy, ecoterra's Web3 Recycle-2-Earn app has the potential to make a significant impact on the escalating waste management crisis.
With the waste management market’s projected growth in the coming years, green crypto initiatives like ecoterra may hold the key to encouraging more sustainable practices and reducing the environmental impact of waste.
The ecoterra platform aims to offer a comprehensive approach to environmental stewardship that goes beyond traditional recycling methods. So, how does it work?
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The heart of ecoterra's ecosystem is the Recycle-2-Earn Application, which incentivizes users to recycle items by offering them $ECOTERRA tokens as
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