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Plastiks Stock

Plastiks

PLASTIK

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Plastiks Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

Plastiks FAQ

{ "q": "about", "a": "The PLASTIK token functions as a transparent and traceable proof of payment between purchasers of plastic credits and recovery entities, serving as a digital receipt recorded on the blockchain. Funds are transferred only after all necessary credits to meet the roadmap are sold; upon completion, tokens are returned to Plastiks, which then initiates a wire transfer to finalize payment, thereby enhancing transparency and accountability.\n\nThe token acts as a tool for payment traceability. The utility of the Plastik token lies in tracking the progress of plastic credit sales that correspond to a recovery entity's funding roadmap. When the quantity of sold plastic credits reaches the required roadmap amount, the tokens are returned to Plastiks to release funds for roadmap implementation. Specifically, the token tracks the sale progress of plastic credits needed for the roadmap that a recovery entity aims to fund. Once the target number of plastic credits is sold, tokens are returned to Plastiks, which allows for the release of funds for roadmap implementation. Upon each sale of a Plastic Credit, 80% of the value is transferred to the waste Recovery Entity's account in PLASTIK tokens. When the recovery entity sells all required plastic credits to fulfill the roadmap, they return the tokens. Upon return of the tokens to Plastiks, the funds held in custody by Plastiks are released via USD or Euros once the necessary number of plastic credits are sold. A 2% token transaction fee applies to all Plastiks token usage. This fee is used to purchase PLASTIK tokens from the market to reflect advances in plastic recovery, aiming to reduce the supply of available tokens to one remaining PLASTIK token.", "rank": "0" }

### What is Plastiks? Plastiks is a cryptocurrency designed to address the environmental and business needs concerning plastic waste management. It operates within a unique ecosystem that encourages both accountability and incentivization for plastic recovery initiatives. By leveraging blockchain technology, Plastiks provides a transparent and traceable platform for trading and tracking plastic credits, thereby fostering a more sustainable approach to reducing global plastic waste. For more detailed information about Plastiks, including market data, historical performance, and analysis, you can refer to Eulerpool. There, you can find comprehensive insights and updates regarding the Plastiks cryptocurrency, supporting sustainable innovation in the realm of environmental conservation and waste management.

Plastiks introduces an innovative strategy within the cryptocurrency and blockchain sphere, centering on environmental sustainability, specifically in addressing plastic pollution. This platform functions as an NFT marketplace, distinguished by its approach to tokenizing invoices from recovery projects and recyclers worldwide. Once tokenized into NFTs, these invoices provide verifiable assurances that a certain quantity and type of plastic waste have been successfully recovered. This mechanism not only enhances transparency in recycling and recovery efforts but also incentivizes participation through blockchain technology. The central utility token of Plastiks, named PLASTIK, is critical to this ecosystem. It enables transactions within the marketplace, facilitating the purchase, sale, and exchange of these unique NFTs. By utilizing blockchain technology, Plastiks seeks to establish a more accountable and efficient system for managing plastic recovery efforts, linking individuals, organizations, and companies in a collective effort against plastic pollution. The initiative behind Plastiks extends beyond merely creating an NFT marketplace; it is about nurturing a global community dedicated to environmental conservation. Through this platform, Plastiks presents a novel method for individuals and entities to engage in plastic waste recovery, transforming a significant environmental challenge into an opportunity for innovation and collaboration. As with any cryptocurrency or blockchain project, potential participants are advised to conduct comprehensive research to comprehend the complexities of the platform, its market position, and its potential impact on both the environment and the crypto ecosystem.

How is Plastiks secured?

Plastiks utilizes the security and efficiency of the Celo Chain, a decentralized blockchain, to ensure the integrity and safety of its operations. This choice of blockchain underscores a dedication to maintaining a secure environment for transactions and interactions within its ecosystem. The platform's focus on security is further enhanced by its adherence to compliance standards in the cryptocurrency space, ensuring that it operates within the regulatory frameworks designed to protect users and stakeholders. In addition to its strong security measures, Plastiks is notable for its mission to tackle environmental issues, specifically the global challenge of plastic waste. By creating a marketplace for Non-Fungible Tokens (NFTs) that represent verified plastic recovery guarantees, Plastiks innovatively fuses blockchain technology with environmental activism. These NFTs are linked to real-world actions, such as the recovery and recycling of plastic, thereby providing a transparent and verifiable method to support sustainability efforts. The platform's strategy not only secures transactions through the decentralized and secure nature of blockchain technology but also cultivates a community of users, organizations, and companies united by a common objective of reducing plastic pollution. This dual emphasis on security and sustainability highlights Plastiks' commitment to utilizing the latest technological advancements for social and environmental benefit. As with any investment in the cryptocurrency space, potential users and investors are advised to conduct thorough research and consider the inherent risks before engaging with the platform. The innovative combination of technology and environmentalism presents a unique opportunity, but due diligence is essential to make informed decisions in this dynamic and evolving market.

In what ways will Plastiks be utilized?

Plastiks is a cryptocurrency dedicated to addressing the global challenge of plastic waste. It functions as a funding mechanism to support the recovery and recycling of plastic, aiming to make a significant impact on environmental sustainability. Utilizing blockchain technology, Plastiks offers a novel approach to promoting ecological responsibility and fostering investment in green practices. The platform is structured as an NFT marketplace, which is crucial to its operational model. This marketplace connects individuals, organizations, and companies, uniting them in the fight against plastic pollution. By tokenizing invoices related to plastic recovery projects, Plastiks creates NFTs that represent verifiable claims of specific quantities and types of plastic being recovered and recycled. These NFTs serve as plastic recovery guarantees, ensuring transparency and accountability in the recycling process. Beyond its environmental goals, Plastiks offers notifications about new products and updates. This feature keeps users informed about the latest developments within the platform, including new opportunities for participation in recovery projects, updates to the marketplace, and educational content on sustainable practices. Investing in Plastiks allows participants to contribute to a cleaner environment while joining a community dedicated to reducing plastic pollution through innovative blockchain solutions. It is essential for potential investors to conduct thorough research and consider the environmental impact of their investments in line with their personal investment strategies. For more detailed information on Plastiks, please visit Eulerpool.

What are the significant events that have occurred for Plastiks?

Plastiks has established a significant presence in the cryptocurrency and blockchain industry through a series of impactful initiatives, demonstrating its dedication to employing technology for environmental sustainability. Initially, Plastiks introduced itself as an NFT marketplace, a groundbreaking move that aligns with its mission to tackle plastic pollution. This platform acts as a conduit connecting individuals, organizations, and companies, fostering collective efforts towards a cleaner environment. The incorporation of blockchain technology into its operations is fundamental to Plastiks' strategy. By tokenizing invoices related to plastic recovery and recycling, Plastiks ensures transparency and traceability of the environmental impact of these activities. These digital tokens represent verifiable claims of plastic recovery, facilitating stakeholder participation and contribution to global sustainability efforts. To broaden its reach and accessibility, Plastiks has been listed on several cryptocurrency exchanges. This advancement not only expands its investor base but also enhances liquidity, enabling more participants to engage with its eco-friendly mission. Listings on exchanges highlight its recognition within the larger cryptocurrency ecosystem, underscoring the project's potential and its commitment to environmental sustainability. Additionally, Plastiks has seen a significant increase in trading volume and market capitalization. This growth reflects the rising interest in and confidence among investors and other market participants regarding its mission and technological approach. Collaborations with other projects further extend Plastiks' impact. By partnering with initiatives that share a common vision for environmental sustainability, Plastiks harnesses collective strengths to create a more considerable impact in reducing plastic pollution. In summary, Plastiks has navigated key milestones, from its inception as an innovative NFT marketplace to strategic listings on cryptocurrency exchanges and forming impactful partnerships. These developments emphasize its commitment to leveraging blockchain technology for environmental good, advocating a more sustainable and transparent approach to plastic recovery and recycling.

Investors interested in Plastiks are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.