RECYCLE: Transforming Recycling into Rewards

RECYCLE is blockchain-based platform for converting waste and recyclables into real value — CYC token. RECYCLE

Ecosystem connects people with companies and municipal services, and makes it possible to encourage citizens to

exercise care with waste utilization.

Current situation:

The current waste market operates based on an outdated scheme. Waste in most countries first goes to a landfill, and

sorted only afterwards. However, to adequately cope with the large amount of garbage is difficult, and therefore most of it

simply stays in the landfill. Landfills take up a lot of space, and contain untold quantities of useful recyclables that could

be utilized.

- ”We did not invent waste sorting; rather, we will help involve significantly more people in this process.”

RECYCLE ecosystem

Insufficient motivation is the main reason for improper waste disposal. We propose to reward people for every

eco-friendly action. Every single piece of sorted garbage — such as discarded bottles, cola cans, or other packaging — will

bring several coins to the person's account. You do not need to haul a bunch of metal coins, returned by a plastic bottles

recycling automat, in your pocket; instead, simply and easily accumulate CYC token in your cryptocurrency account

online.

These token can be spent via our partners’ network — used as a discount for garbage disposal, electricity bill payment,

and/or many other payments or withdraw to all other Blockchain.

RECYCLE for business

Every year, countries spend billions of dollars to resolve ecological disasters. Why not start fighting the cause, instead of

the consequences? The platform is designed for any garbage processing plant or municipality, or a company that works

with any type of recyclable materials. By collecting waste properly sorted by consumers, the plant no longer needs do so

itself, which reduces costs, and also increases the amount of collected recyclables. More resources and lower costs

enable factories to grant rewards to people; these rewards are RECYCLE token.

Why blockchain?

There are more than 100 types of recyclables — glass, plastic, metal, tires, wood, and so on. And there are tons of these

generated daily. It’s simply impossible for this vast amount of information to be processed on a single server. That's why

blockchain is the solution. Each operation is undertaken by the network participant, and we can be assured of its reliability

and security.