Ecobonus is revolutionizing the recycling industry by offering cryptocurrency rewards for eco-friendly practices.
Overview
In today's world, managing waste is crucial to addressing the climate crisis. Ecobonus steps up to this challenge by incentivizing recycling with cryptocurrency rewards. The startup is designing a decentralized system to connect recycling companies with individuals, offering cryptocurrency rewards sourced from competitive rates provided by its recycling partners.
Challenge
Ecobonus was determined to create an efficient ecosystem that would not only fund itself but also reward recyclers. The company's ambitious plan required rapid deployment of various smart contracts, from governance tokens to presale contracts, all needing to adhere to the highest security standards. Additionally, Ecobonus envisioned a presale platform that would accept payments in USDT, Ethereum, and even credit cards, making it accessible to a wide range of users.
Solution
Our collaboration with Ecobonus led to the development of a dynamic ecosystem featuring:
An ERC20 governance token, granting additional benefits to businesses holding a significant amount of this token.
A user-friendly mobile app allowing end consumers to earn rewards in various cryptocurrencies.
A digital marketplace rewarding NFT purchasers with extra incentives for recycling.
A platform for businesses to manage and monetize recycled materials collected through our program.
An advanced daily exchange system that dynamically calculates the conversion rate of recyclable materials into cryptocurrency, based on the average prices from our business partners.
To meet the pressing demands set by upcoming regulations, we quickly and effectively implemented an ERC20 governance token and a presale infrastructure. This infrastructure allowed purchases with USDT, Ethereum, and credit cards through seamless integration with our website, providing a straightforward and user-friendly experience.
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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