The global plastic waste crisis threatens ecosystems and communities. While recovery and recycling initiatives grow, challenges like lack of transparency, misuse of funds, and inefficient progress tracking hinder their effectiveness:
Buyers of plastic credits lack clarity on how funds are used, fostering mistrust.
Funds are often mismanaged or disbursed prematurely, risking environmental goals.
Disconnected systems and manual processes create inefficiencies, disputes, and delays.
Funds are securely and transparently held until milestones are achieved, with blockchain providing an immutable financial trail.
Funds are disbursed only after 100% of roadmap credits are sold, and the related tokens serving as a traceable financial guarantee are returned.
Blockchain delivers proof of impact, which mitigates greenwashing risks through verifiable recovery achievements.
Smart contracts automate payments, minimize errors, and provide real-time updates on recovery progress.
The PLASTIK token acts as a transparent, traceable digital receipt on the CELO blockchain, and soon to be on the Cardano Blockchain, ensuring full transaction traceability between plastic credit buyers and recovery entities.
The PLASTIK token is used track the funds of plastic recovery projects:
· Payment: 80% of each plastic credit sale is sent to the recovery entity in PLASTIK tokens.
· Return: Tokens are returned to Plastiks once the amount of all the plastic credits required for the roadmap are sold, unlocking funds in USD or EUR.
The PLASTIK token operates on the CELO blockchain, providing scalability, security, and full transparency for each transaction. Track the 2% transaction fees within the PLASTIK ecosystem. Fees are collected at the address below and used to reflect the progression in plastic recovery and provide liquidity.
Smart contract address
0x27cd006548dF7C8c8e9fdc4A67fa05C2E3CA5CF9
Do not send tokens to this address*
Smart contract address coming in September 2025 to the Cardano blockchain
PARTNERS
Partnering to scale verified environmental and social impact by leveraging the power of blockchain technology for transparency, traceability, and innovation in plastic recovery.
TRADED
FEATURED
Frequently Asked Questions about the Plastik token
The PLASTIK token is used as a transparent, traceable proof of payment between plastic credit purchasers and recovery entities, functioning as a digital receipt logged on the blockchain, with funds transferred only once all required credits to fulfill the roadmap are sold.
Yes. When Plastic Credits are bought, Plastiks tokens are sent to the seller of plastic credits. Since the Plastik token’s utility consists of tracking the progress of the sale of plastic credits corresponding to the roadmap that a recovery entity is attempting to fund. Once all the plastic credits required to fund the roadmap have been sold, the tokens are returned to Plastiks to release the funds for the implementation of the roadmap.
All buyers and sellers of plastic credits use the Plastiks Token to conduct the transfer of plastic credits. There is no other way to conduct the transfer of plastics credits as the methodology and platform forces the use of PLASTIK token.
The PLASTIK token is used as a transparent, traceable proof of payment between plastic credit purchasers and plastic Credit Sellers that use the Plastiks platform and implementation of roadmaps.
The lack of transparency in the process of use of funds generated from the sale of plastic credits and the lack of guarantee that the funds generated from the sale of plastic credits will be used exclusively for additional positive environmental impact.
The success of the PLASTIK tokens' use depends on the growth of the global plastic credit market and on the adoption of the token as a blockchain receipt for a Plastic Credit transaction.
