MINING Oil from Waste,
saving Our Planet
Driven by Blockchain
Waste Plastic
A Silent Threat to Our Planet's Future
Plastic pollution has become one of the most pressing environmental issues of our time. Each year, approximately 460 million metric tons of plastic are produced, with a significant portion ending up as waste. Shockingly, about 19-23 million tons of this plastic waste leaks into aquatic ecosystems, contaminating rivers, lakes, and oceans. This pollution disrupts habitats, harms wildlife, and contributes to the degradation of ecosystems, making it harder for them to adapt to climate change. The pervasive presence of plastics, including microplastics, poses severe risks not only to the environment but also to human health as they enter the food chain. Addressing this crisis requires urgent action and a shift towards better waste management practices and a circular economy
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Reality of Plastic Waste
8.9Billion Tons
Total Amount
of plastic and vinyl produced to date79%
Discarded
percentage of used plastic and vinyl12%
Discarded
percentage of used plastic and vinyl9%
Recycled
percentage of used plastic and vinylWhat is our Solution?
Sustainable Plastic-to-Oil Conversion: Safe, Clean, and Efficient
Our solution employs an advanced low-temperature wave decomposition technology to convert waste plastic into oil, functioning at temperatures below 300°C. This process is conducted within a closed system, ensuring that no harmful pollutants, such as dioxins, are released into the environment, making it a highly safe and sustainable approach. The design also incorporates an energy circulation mechanism, where the energy generated from converting waste plastic into oil is efficiently utilized within the system, further enhancing its sustainability. By transforming waste into valuable resources while maintaining environmental safety, our technology offers a robust solution to the plastic pollution crisis, supporting both resource and energy circulation.
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What is C2E?
Earn Tokens by Collecting Waste Plastic and Supporting Sustainable Oil Production
The C2E (Collection to Earn) concept is designed to incentivize participants to earn COTC tokens by actively collecting waste plastic, which is then converted into oil through an innovative low-temperature wave decomposition method. This method is a cutting-edge technology that breaks down plastic at low temperatures, reducing environmental impact while efficiently producing valuable oil.Participants who contribute to this process by supplying waste plastic play a crucial role in the oil production cycle. In return for their contributions, they are rewarded with mining rewards, paid out in COTC tokens. This not only provides a financial incentive for waste collection but also ensures that those contributing to oil production are fairly compensated.
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CityOil is a game-changer in environmental protection. By converting waste plastics into valuable resources, this project not only reduces pollution but also promotes sustainable practices on a global scale.
The integration of blockchain technology into CityOil’s model is brilliant. It ensures transparency, traceability, and security, making the entire waste-to-energy process efficient and trustworthy.
CityOil’s approach to creating jobs through waste collection is truly impactful. It empowers communities, particularly in underdeveloped regions, by providing sustainable income and fostering economic growth.