metadata: {"type": "project", "title": "Earthfi", "logoImg": "bafkreibqttpu5i7nbosiutirqxu5ucwd4iolsfwyavq2yzjy4mbvwql47i", "website": "https://www.earthfi.xyz", "bannerImg": "bafkreic75ffyje37cdqmurfp3n6jrhh5n3w3qoehfu4t5wc3ceiaoezg5e", "createdAt": 1724970208316, "userGithub": "ameer017", "credentials": {}, "description": "\nEarthFi stems from the vision of transforming waste into value, driving benefits for both the environment and the community. We are developing a simple, customizable on-chain plastic waste recycling system where individuals can exchange their waste for digital assets in a peer-to-peer market.\n\nProblem Statement:\n\nPlastic waste has escalated into a global environmental crisis, with millions of tons polluting landfills, oceans, and natural habitats. Traditional recycling systems are inefficient, lack transparency, and fail to incentivize active participation from individuals and communities. This inefficiency leads to vast amounts of recyclable plastic being wasted, exacerbating environmental degradation.\n\nSolution:\n\nEarthFi aims to enable on-chain value distribution for plastic recycling through value-driven incentives. By leveraging blockchain technology, we\u2019re creating a transparent, efficient ecosystem where individuals are rewarded with digital assets for their plastic waste contributions. This model motivates increased participation in recycling and ensures fair distribution of the value generated from recycled materials.\n\nOver the past 8 months, we\u2019ve facilitated plastic collection for recycling factories across Nigeria, gaining valuable insights into the needs and preferences of plastic users and recyclers regarding on-chain value distribution. This experience has helped us refine our system to better meet user needs, ensuring a seamless and rewarding recycling process.\n\nKey Impacts:\n\nEnvironmental Preservation: EarthFi incentivizes plastic recycling, reducing waste in landfills and oceans and promoting healthier ecosystems.\nCommunity Empowerment: Individuals and communities gain economic opportunities by exchanging plastic waste for digital assets, fostering environmental responsibility.\nTransparency and Trust: Blockchain technology ensures a transparent recycling process, building trust and ensuring fair value distribution.\nScalable and Customizable: EarthFi\u2019s system is designed for scalability and customization, adaptable to various regions and recycling needs for maximum global impact.\nEducation and Awareness: EarthFi educates communities on the environmental and economic benefits of recycling, promoting sustainable practices.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "EarthFi"}
name: Earthfi