Ecoterra’s R2E project pre-sale raises almost $5 million. Is this the ultimate green crypto utility?
On Saturday, June 3rd, one of the most exciting green crypto projects of 2023 reached a significant milestone in its fundraising efforts.
Ecoterra’s presale of its native $ECOTERRA crypto token, a revolutionary web3 Recycle-to-Earn (R2E) platform, has reached the $4,775,000 million mark. As a result, the presale has entered its eighth stage, and the price of $ECOTERRA has risen to $0.00925.
Investors who want to get in early should act fast because the price of $ECOTERRA will rise another 8% to $0.01 when the presale reaches the $5.7 million mark. $ECOTERRA is issued as an ERC-20 on the Ethereum blockchain and will list across major exchanges later this year. This means that investors who get in now could be sitting on paper gains of around 8%.
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Ecoterra is building an all-in-one $ECOTERRA-powered web3 ecosystem that encourages recycling through its first-of-its-kind Recycle-to-Earn (R2E) system, facilitates trade in recycled materials, and encourages individuals and businesses to offset their carbon footprint. You can find more information in the project’s Whitepaper.
Ecoterra’s presale has been gaining momentum after the project announced a fresh batch of major beverage brands into its ecosystem, including Coca-Cola, Carlsberg, and Evian. This further boosts the environmentally conscious protocol’s utility.
Users of the ecoterra application will be able to scan and recycle bottles from the above-mentioned brands and more using Reverse Vending Machines (RVMs) and will be rewarded with cryptocurrency for doing so.
The addition of further big-name brands into the ecoterra ecosystem is a significant boost to the award-winning project, which is at the forefront of web3’s push to encourage environmentally friendly behaviors.
You can visit Ecoterra here.
Ecoterra Introduces the Game-Changing Concept of Recycle-2-Earn
Blockchain technology holds an unprecedented ability to promote environmentally friendly behaviors by rewarding recycling, making it easier to offset carbon emissions, and tracking environmental impact utilizing the blockchain’s transparency. Ecoterra is building an all-in-one application that does all three of these things and more.
Ecoterra rewards users with the platform’s native $ECOTERRA crypto token every time they recycle. The green web3 start-up’s R2E app is supported in any country that uses Reverse Vending Machines (RVMs), providing a huge potential market.
The platform features a carbon offset marketplace to make it easier for individuals and businesses to offset their carbon footprint. Ecoterra also features a recycled materials marketplace that makes it easier for businesses to purchase recycled goods using $ECOTERRA or other cryptocurrencies. Additionally, thanks to the transparency of the blockchain, ecoterra allows individuals and businesses to track their environmentally friendly practices via an Impact Trackable Profile.
Observers predict this feature to be very popular among environmentally-conscious businesses, who can use Impact Trackable Profile to boost their brand image and bolster customer loyalty. You can visit Ecoterra here.
$ECOTERRA — The Ultimate Green Utility Token
The economic backbone of ecoterra’s web3 ecosystem, $ECOTERRA is the ultimate green utility token.
The token will also come infused with passive income. Ecoterra’s development team plans to launch a staking protocol in the future that allows ECOTERRA holders to generate a passive income stream through their token holdings, adding further reasons for investors to hold the token beyond just expected price gains on the public market. $ECOTERRA’s supply is capped at two billion, with one billion of these (50%) being made available to presale investors.
20% of the project’s funds are allocated to ecosystem liquidity, 10% are allocated to listings and marketing each, and 5% are allocated to corporate adoption.
Only 5% of the funds are allocated to the team. This means that if they want to make significant profits from the project, they will have to remain committed to it for a long time and increase the $ECOTERRA price over time.
Ecoterra is a nascent green web3 project that is expected to play an increasingly important role in global efforts to address climate change in the coming decades. Analysts are predicting big things for the $ECOTERRA token.
Crypto presale analyst Jacob Crypto Bury believes that $ECOTERRA has the potential to increase by ten times when it launches on cryptocurrency exchanges later this year.
Click here to buy Ecoterra.