In order to limit CO2 production, thus decarbonizing the planet and addressing climate change, this ERC-20 token on the Ethereum blockchain is born.

The purpose is to accumulate tokens by demonstrating one's virtue in following careful collection.

Let's get into the project by looking at the main features.

• Using the R2E (Recycle to Earn) application;
• Carbon offset market.
• Marketplace for recycled materials;
• Traceable impact profile.

App use.

In order to incentivize people to consciously dispose of waste, the project, involves the use of an application that records the type of waste and delivers it to the collection point.
Each time we complete the action for each waste, tokens or portion of it are credited to our wallet.
This is very similar to what happens in some European countries where there are machines at the entrance of supermarkets that collect plastic bottles, glass and cans and upon completion of the delivery issue a voucher that can be spent within the retailer itself.

Carbon offset market.

As mentioned, this token leverages the ETH blockchain, so no longer being PoW (Proof of Work) but being PoS (Proof of Stake), the environmental impact for power generation is much less.
This also applies to the use of other cryptos that use staking as block validation.

Recycled materials market.

Within the ecosystem is a shop where various companies from around the world are channeled to offer items made from recycled materials. One can buy items and pay for them with the Ecoterra token or other eco-friendly crypto. Payment with FIAT currency is also possible.

Trackable profile.

Here's where the usefulness of blockchain shows up: every contribution is recorded on the blockchain and is traceable; this doesn't only apply to waste, but also if one has a PV system.

If you own a PV system, you can be compensated with Ecoterra tokens through the application.

Within the application, in addition to earning tokens, there are various steps that are compensated through NFT tokens.

We enter, now into the main part of the project, the Whitepaper.

The paper is very well written; let's say, though, that of 50 pages, 42 talk about pollution and recycling, the ones of interest to evaluate the project are 8. The last ones.

Obviously they explain why the blockchain was used, in particular the ethereum blockchain; among the various reasons we all know (public, unalterable and borderless) the choice fell mainly for the validation method (PoS) that we can consider it "EcoFriendly."

After that follows the pie chart of tokenomics

After that, a tokenomics summary table explains in detail the token freezing periods.

Whitepaper concludes with 2023 roadmap

The token is listed on 2 centralized exchanges (Lbank and BitMart) and one decentralized exchange (UniSwap).

In the Whitepaper they comletely leave out what the staking reward might be, and what percentages it might have.

Not only that, it is not known whether the token may become governance in the future or variance proposals may be initiated (if Eth's chain is used, let's make the best use of it!).

All in all, it could be a good project, but at present I do not see a rosy future for it.

What do you guys think?

See you at the next Token Review!