Swachhcoin: Cryptocurrency aiming to revolutionise Waste Management Industry Announces its Presale
“Swachhcoin” is a decentralised waste management project which aims to create a global ecosystem to solve the problem of waste management by leveraging AI, Big Data, IoT and Blockchain altogether in sync with each other to develop a platform where individual users are rewarded for responsible waste disposal and existing waste management industries are equipped with state of the art technology enabling groundbreaking efficiency and operational capabilities.
It has recently been featured on NASDAQ as top 5 waste management startup.
PLACE, DATE: Swachhcoin announced the commencement of its Presale from 1st of June 2018. Swachhcoin has recently released a series of updates regarding its Private Sale, Advisors, and Technological Partner. Also they have an airdrop scheduled prior to presale for their huge community of more 36,000 member on their Telegram Discussion Group and many other official social media handles.
Earlier, Swachhcoin announced its Advisory Board Members, which the team believes will be very valuable in accomplishing the first deployment of pilot platform and initiate global expansion aspirations. Swachhcoin has partnered with Secure Blocks, A Comprehensive Blockchain Solutions Provider having years of experience on various projects. Additionally, Stox, A unique Blockchain Predictions Markets Platform also announced its association with Swachhcoin. Stox have recently launched a series of prediction markets for Swachhcoin with an aim to boost community engagement. This also opens up additional opportunities for genuine supporters to earn reward when they are able to predict the outcomes correctly. The participation being completely risk free.
Regarding the Business Model, Swachhcoin have a very small transaction fee as utility token, but ultimately they aren’t aiming at making billions of dollars but empowering customers with tools and incentives to utilise their daily generated waste and contribute to a lower carbon emission economy with efficient waste handling techniques, one of the team member said . Swachhcoin along with it’s ecosystem of partner companies want to change the face of the waste management system.
The concept of integrating Big Data, IoT, AI and Blockchain in waste management sounds like a daunting task, but on the contrary, Swachhhcoin’s crowdfunding goals stand at modest 18 Million USD. When asked to comment on it, Aditya Kumar, Swachhcoin’s CEO said “All the numbers have been decided after extensive research, surveys and taking numerous expert opinion and advice into account. We give utmost priority to safeguarding the interest of our investors. We are happy with what we have achieved so far and are very confident about the work and research that we have done over the past years. We have a number of exciting updates in the pipeline regarding our first pilot platform deployment in the coming days. I would also like to thank our community members for their tremendous support and also our team members and advisors for associating with our cause.”
The team suggests that Swachhcoin can bridge the gap to help them trade their daily produced waste on a blockchain-supported exchange. That waste isn’t a currency, but instead a utility token—and it can support smarter, cleaner, greener and more efficient communities.
Daily household waste generators need incentives to drive for sustainable use of resources. Unless you have a transaction-based secure platform like Swachhcoin which provides real-time incentive for human behaviour to contribute in proper waste disposal, then human behaviour is very difficult to control. This has been a missing link from our waste management industries for the last 50 years. Now, with a advanced platform like Swachhcoin, people can be encouraged towards responsible waste generation and segregation, ultimately leading to a cleaner and healthier society.
The Swachh team is not to be limited in any thinking by the realities of today’s technological capabilities, and they are surely looking at the future and see what consumers and generators are going to be doing in 5-10 years time. Their team understands the effect and urge for the change to be implied on their existing business model, can surely help bringing the change as soon as possible.
Swachhcoin’s Pre-sale will begin on 1st of June 15:30 UTC and will last until 15th June 2018 or until all the tokens allocated for presale are sold. Their Main Sale is scheduled to start from 1st July 2018 and continue till 8th August 2018. More details can be found on their official website and telegram announcement channel.