Ecosystem
Connect WEB3 to Real World
Last updated
Connect WEB3 to Real World
Last updated
As participants within the ecosystem, including users, buyers, partners, and organizations, engage naturally with the RecycleFarm R2E (Recycle to Earn) system, their environmental actions can directly impact the physical Earth.
RecycleFarm's R2E system uses a mixed ecosystem model that combines virtual and real economies. Users complete ESA activities provided by RecycleFarm and earn ESA points. Some of these activities involve contributing to the recovery of recyclable resources, which can influence the price of ESA tokens.
In addition, to alleviate downward pressure on the value of ESA points, RecycleFarm plans to work with recyclables buyers, ESG brands and institutions to implement an ESA point burn mechanism. Through these efforts, a more sustainable system can be created that promotes environmental stewardship.