Plastiks PLASTIK

1. Summary

Ranks

Liquidity

67

Developer

-

Social

71

Momentum (beta)

0

Stack Rank™

-

Price

$0.003410600000 +7.3%

Market Cap

$1.60M (#3413)

Supply

470.26M / 1.00B

Tags

Binance Smart Chain Ecosystem Celo Ecosystem BNB Chain Ecosystem

More Metrics

Price
52W High price	$0.03
52W High date	1st Jan 2024 (11 months ago)
All Time High (ATH) Date	8th Dec 2021 (3 years ago)
ATH Price	$0.26
% From ATH	-97.57%
All Time Low (ATL) Date	27th Oct 2022 (2 years ago)
ATL Price	$0.001142610000
% From ATL	453.69%

Supply & Trading Volume
Trading Volume (24h)	$7,267.00
Total Supply	1.00B
Circulating Supply	470.26M

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Description

Plastiks is a blockchain-based marketplace that utilizes smart contracts to bridge the gap between the non-fungible token (NFT) and recycling industries. Founded by Nozama, it aims to create the world's largest sustainability technology company. Plastiks allows recyclers to mint and sell NFTs as recycling guarantees, enabling them to monetize their...

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Plastiks is a blockchain-based marketplace that utilizes smart contracts to bridge the gap between the non-fungible token (NFT) and recycling industries. Founded by Nozama, it aims to create the world's largest sustainability technology company. Plastiks allows recyclers to mint and sell NFTs as recycling guarantees, enabling them to monetize their recycling data. This platform also helps single-use plastic producers increase traceability and comply with EU regulations. The native utility token, PLASTIK, is used to unlock the platform's utilities, including minting and transactions.

The Platform

The Plastiks platform is designed to facilitate the creation and trading of NFTs, representing specific amounts and types of recovered plastic. These NFTs are sold on the marketplace at a fixed rate per kilogram of plastic recovered. A portion of the sales revenue goes back to the recovery projects, incentivizing them to continue and expand their plastic recovery efforts. The use of PLASTIK tokens ensures that all transactions are traceable and transparent, fostering a circular economy that values plastic as a resource rather than waste.

Partnerships and Impact

Plastiks partners with various organizations, such as the Rotary Club of Sullana, to create playgrounds using minimal plastic and primarily wood, promoting education on recycling and improving the quality of life for local children. Other initiatives include organizing clean-up events with NGOs like Project Rescue Ocean and supporting recovery entities through infrastructure improvements. These efforts not only contribute to environmental responsibility but also empower local communities and improve their lives.

Structure

Plastiks utilizes the Celo blockchain, which is environmentally friendly due to its proof-of-stake consensus algorithm. This approach ensures that the platform remains carbon-negative, unlike many other blockchain platforms. The token, PLASTIK, is the backbone of the platform, driving plastic recovery and recycling globally. By combining blockchain technology with real-world sustainable goals, Plastiks aims to create a significant impact on plastic pollution worldwide.

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