4th September 2018, India: Swachhcoin, A Decentralised Waste Management Ecosystem, which aims to be a global leader in providing robust technological solutions to waste management sector has launched its Token Sale “Growth Phase”.  Amongst the core of its solution, is the incentivising model where individuals are provided monetary rewards for disposing waste in the Swachh Bins, thus creating a motivation amongst the masses to properly dispose their waste. At the same time, Swachhcoin also aims to better the operational capabilities of existing waste management industries in various areas of their daily operations through equipping them with tools and technologies developed using Big Data, AI, IoT and Blockchain.

Swachhcoin announced the commencement of it’s Token Sale “GROWTH” Phase where all the participants will receive a 22% Bonus and will also be entitled to receive 2X Bonus upon HODLing their tokens for 3 months.

“Efficient conversion of waste into valuable outputs is the strong backbone which powers and sustains this ecosystem. We realised that a fraction of the economic value of the valuable outputs that can be produced from waste should be rewarded to the person who takes the initiative of it’s proper disposal. This small change can bring about a complete turnaround of the waste crisis globally” – said Prashant Chaturvedi, COO  & Cofounder at Swachhcoin

Swachhcoin has been in the buzz lately owing to their much needed and unique vision of solving the global crisis of waste management. A number of industry leaders have come forward in the support of the project. Swachhcoin has funding goals of 18 Million USD and plans to roll out its fully functional platform in the Q4 of 2019 but not before carrying a series of pilot programs in various Swachh Jurisdiction for a year starting Q4 of 2018.

Swachhcoin has achieved numerous accolades in the recent times and has also been featured in NADSAQ, amongst the Best BLockchain based Waste Management Startups. It recently participated in International Blockchain Congress (IBC) held in Hyderabad where it received widespread appreciations along with a number of partnership proposals from numerous other projects attending the event.

Swachhcoin’s Token Sale will be carried out in different phases. The current Token Sale phase, named “Growth Phase”, offers 22% Discount to participants. Also, all the contributors of this phase automatically become eligible to receive 2X extra bonus tokens upon HODLing their tokens for a period of 3 Months. There will be subsequents Toke Sale Phases Named “Executive Phase” and “Blossom Phase”, where tokens will be sold at lesser discount and other benefits. All the phases have different caps on the amount of tokens to be sold.