Review Swachhcoin | Executive Phase Now is Live with Extra 15% Bonus

cryptonewsico (28)in #ico • 6 years ago

PROBLEM

The problems related to global waste management are uncountable. Some of them are:

Excessive Generation Generation of wastes has been an acute problem for a long time now. Quoting the World Bank report, The United States is single handedly responsible for generating 250 million tons of wastes annually. Evidently it has the highest per-capita waste generation amounting to about 4.6 pounds per day.. Considering these figures, an average citizen in the United States disposes 1,200 pounds of wastes a year. These discarded wastes could be potential compost material and be kept out of landfills. Since the 60’s, the quantities of wastes generated have tripled leaving us with a bigger burden. Day in day out, the USA throws as much wastes as to fill around 60,000 garbage trucks. The severity of the problem seems acute when we extrapolate the data from the USA to the rest of the world. Quoting the report again, the per-capita waste disposal is expected to rise up to 1.5 kilograms per day by 2025. Considering today’s average of 1.2 kilograms per day, this is a significant 25% increase.

Landfill Issue Leachate and emissions of the harmful greenhouse gases are frequently associated with Landfills. A closer look at the qualitative contents of the wastes produced reveals that most materials that end up as wastes contain toxic materials. Gradually these toxic substances precipitate and leach out of the soil, eventually entering the groundwater and rendering them hazardous and unfit for consumption for years to come. The organic materials, compacted as a result of this, are covered down without being exposed to soil. This affects the natural aerobic process of decomposition by inhibiting oxygen through the covering of organic substances. This contributes to the production of inflammable, unwanted and harmful greenhouse house gases like Methane which are lethal to living organisms.

Proposed Solution

It is not a hidden fact that the global waste management problem we face cannot be tackled by a handful of people or organisations. The willingness and contribution of mass population is key in successfully achieving our objective. The best way to encourage people to properly manage their wastes will be to incentivize them monetarily for proper waste disposal and raise their awareness about the issue. This is the core of the proposed solution Swachhcoin offers. Also, it is scientifically proven fact that the amount of high-economic-value outputs that can be obtained from the accumulated wastes is tremendously reduced due to various types of waste being intermixed, thus degrading the unique property/individuality of the same. Swachhcoin will implement waste segregation at source in SwBINS to eliminate this problem. The traditionally running waste management industries have poor infrastructure and the archaic technologies available to them greatly limits their operational abilities. Swachhcoin will completely eliminate this problem and take the technological abilities of the company to the state of the art level, thus increasing their profits significantly. There will be additional revenue generated from deploying technologies such as AI, Big Data, IoT and Blockchain since they will increase operational efficiencies and productivity while also improving the output quality, thus the additional capital invested in upgradation is also justified. The cost of these additional investment will also be covered from ways that are currently absent in this sector such as revenue obtained from advertisement. Existing waste management companies will be provided with complete business plan, including a break even point, based on the past research and development along with active onsite survey. This process will help us cross over the adoption barrier.

SwAPP - Swachh DApp

Swachh Decentralised Application is a platform independent user interface to enable the community users interact with various platform exclusive features and participate in various campaign. The decentralised application will be built on ethereum blockchain. SwAPP is a combination of user friendly front end along with implemented smart contract which work on a predefined set of rules, guidelines and a 100% predictable model under a given set of circumstance and constraints. SwAPP is the one of the main requirement for a user to be able to actively take part and be associated with the community. The primary objective of DAapp creation is to build a user interface to ease the process of disposing off waste for domestic household contributor. Another important fundamental objective of DApp is to aware the community users about the possibility of waste around them and bring about a changes in their routine activities and influence the way people perceive waste in a positive manner. The same can be done in various ways by introducing users to, facts, articles, news, etc about the impact waste is creating on the environment.

The SwAPP will have all the basic fundamental characteristics of a DApp, namely:

Open Source: The source code of SwAPP will be available on Swachhcoin github repository.

Decentralized: SwAPP will leverage the Blockchain technologies and Smart Contracts built on top of Ethereum Blockchain.

Incentive: Community users will receive rewards for specified purpose.

Algorithm/Protocol: The SwAPP follows a predefined set of rules and protocol, all of which are open be be viewed and reviewed by all.

Informasi Token

Token SCX

PreICO Price 1 SCX = 0.0473 USD

Price 1 SCX = 0.072 USD

Bounty Available

Platform Ethereum

Accepting BTC, ETH, XPR, LTC

Soft cap 5,000,000 USD

Hard cap 15,000,000 USD

Country India

Whitelist/KYC KYC

Funding Goals

In order to build this platform and scale it to the planned level, as per our estimate, we do not require more than 18 Million USD. Hence, the hard cap for the token sale will be 18 Million USD. Also if we are not successful in raising 18 Million USD, we will still be efficiently able to launch this project by raising a minimum of 5 Million. Hence the soft cap for the token sale will be 5 Million USD. In case we do not reach our soft cap, board meeting will be organised to discuss if the project can be launched with the raised amount. If the raised amount is not enough to launch the project, all the contributions will be returned to the investors within a period of 7 days after the end of token sale.