RECYCLING (CYC)

RECYCLE: Transforming Recycling into Rewards. RECYCLE is a blockchain-based platform for converting waste and recyclables into real value through the CYC token. The RECYCLE ecosystem connects individuals with companies and municipal services, encouraging citizens to adopt eco-friendly waste disposal practices.

Current Situation: The waste management market operates on outdated schemes. In most countries, waste typically goes to a landfill before being sorted. However, coping with the large amount of garbage is challenging, leaving significant quantities in landfills. These landfills occupy vast areas and hold valuable recyclables that could otherwise be utilized. “We did not invent waste sorting; rather, we aim to involve significantly more people in the process.”

The RECYCLE Ecosystem: Insufficient motivation is the primary reason for improper waste disposal. RECYCLE proposes to reward individuals for every eco-friendly action. For example, sorting discarded items like bottles, cola cans, or other packaging earns users several CYC tokens credited directly to their cryptocurrency account. There’s no need to carry metal coins returned by recycling machines—tokens are easily accumulated and managed online.

CYC tokens can be spent within our partner network as discounts for garbage disposal, electricity bill payments, or other services. Tokens can also be withdrawn to other blockchain platforms.

RECYCLE for Business: Every year, billions of dollars are spent globally addressing ecological disasters. The RECYCLE platform offers a proactive solution by targeting the causes rather than the consequences. It’s designed for garbage processing plants, municipalities, and companies working with recyclable materials.

By collecting properly sorted waste from consumers, processing plants eliminate the need for additional sorting, reducing costs and increasing the volume of collected recyclables. This allows factories to allocate savings towards rewarding users with RECYCLE tokens.

Why Blockchain? There are more than 100 types of recyclables—glass, plastic, metal, tires, wood, and more—and vast quantities are generated daily. Processing this data on a single server is impractical. Blockchain technology offers a decentralized solution, ensuring reliability, security, and transparency for each operation undertaken by network participants.