Plastiks

The PLASTIK token is a blockchain-backed guarantee of payment that ensures transparency, accountability, and traceability in plastic credit transactions. When plastic credits are sold, 80% of the value is delivered in PLASTIK tokens to the recovery entity as collateral. Funds are only released in fiat (USD or EUR) once the full roadmap of credits is completed, preventing misuse and guaranteeing that buyers’ contributions generate the intended positive environmental impact.

By leveraging blockchain and smart contracts, PLASTIK automates payments, provides real-time progress tracking, and eliminates risks of greenwashing. This system not only enhances trust between plastic credit buyers and recovery entities, but also reinforces verifiable sustainability claims. With future developments such as governance, staking, and deflationary mechanisms on Cardano, PLASTIK aims to evolve into a more robust and impactful sustainability token ecosystem.