Ecobonus is revolutionizing the recycling industry by offering cryptocurrency rewards for eco-friendly practices.

Introduction
At FullyTokenized, we pride ourselves on our deep expertise and hands-on experience in tokenization and blockchain development.
Before joining FullyTokenized, Dan was involved in innovative blockchain projects that have generated over 7 figures in revenue. One notable example is his significant contribution to Ecobonus as Head of Blockchain Operations.
This case study highlights Dan's work on Ecobonus's platform and demonstrates the knowledge that he brings to FullyTokenized.

Overview

In today's world, managing waste is crucial to addressing the climate crisis. The primary goal, set by the Paris Agreement, is to limit the increase in global average temperatures to below 2 degrees Celsius compared to pre-industrial levels. Ecobonus believes that having simple and clear reward mechanisms for people who recycle their waste is imperative in solving this issue.

Challenge

Ecobonus stepped up to the challenge of incentivizing recycling by creating a marketplace to connect recycling companies with individuals and provide competitive cryptocurrency rewards. The plan required rapid development of various smart contracts, all of which needed to adhere to the highest security standards.

Solution

From Dan's perspective:

As part of Ecobonus's development team, I played a crucial role in creating a dynamic ecosystem that includes:
  • An ERC20 utility token which would be the platform's backbone and provide several benefits to holders.
  • A user-friendly mobile app allowing end users to find recycling locations nearby, see statistics about their recycling efforts, and earn rewards in various cryptocurrencies.
  • A digital marketplace rewarding NFT purchasers with extra incentives for recycling.
  • A waste management platform for businesses to manage and monetize recycled materials collected through the process.
  • An advanced daily exchange system that computes the average recycling price sourced from recycling partners and provides the exchange rate of recycled waste into cryptocurrency dynamically.
We quickly implemented an ERC20 utility token and a presale contract which were audited by Cyberscope. The presale allowed for purchases using stablecoins, native currency, and fiat money through onramp solutions like Wert. The technical solution successfully facilitated a smooth presale process and enabled token purchases via USDT, and Ethereum. Cyberscope thoroughly audited the ERC20 token, ensuring its security and reliability.
Outcome
The technical solution was a success, facilitating a smooth presale process and enabling token purchases via USDT, Ethereum, and credit cards without any issues. The ERC20 token underwent a thorough audit by Cyberscope, ensuring its security and reliability.

Learnings

Our journey included extensive research and engagement with industry experts to ensure a sustainable and self-funding ecosystem. The project's tight timeline, driven by imminent regulatory changes, taught us to thrive under pressure and make quick, decisive choices. This experience highlighted the importance of flexibility and trust within our team, especially when conventional project management approaches were not feasible.

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