Global P2P waste recycling platform to zero solid waste by Recyclebot
Add value to all your waste and get rewards wherever you are, whenever you want.
Summary / Résumé
Recyclebot dApp allows any waste buyer to source specific waste directly from the producer with cryptocurrency, giving you the ability to buy, sell and trade any solid waste from anywhere in the world.
We automatically capture accurate GPS locations and aggregate waste data by type and location, connect waste buyers to waste sellers, and create optimal schedules and routes for efficient transfer, and allow P2P payments both locally and globally, using Artificial Intelligence.
What actions do you propose? / Quelles actions proposez-vous?
Consumers (individuals, households, MSMEs and large firms, NGOs, public institutions & spaces, schools, hospitals, etc.) lack an easy way to extract value from their solid waste at the source.
- No tools, data and support to recycle waste
- Have recyclable waste but finding a buyer takes too much time and money.
Waste managers (recycling firms, WtE plants, waste utilities, makers, repairers, aggregators etc.) spend too much time/money separating waste when they would rather be serving customers.
- Have money but can’t locate separated waste.
- No single view of available waste.
We are proposing to develop a global P2P waste recycling platform and cryptocurrency.
“Add value to all your solid waste and get rewards wherever you are, whenever you want”
Recyclebot mobile app and website – P2P waste recycling app and website.
(Available on 9 different platforms and across multiple devices: Android Mobile Devices, Android Tablets, iOS Mobile Devices, iOS Tablets, OS X, Chrome, Windows, Firefox, and Linux)
- Browse all available waste
- Filter by date/time/type/locations/quantity/ratings/reviews/bid
- Compare reviews, distances and prices
- Standardized services and prices
- Buyers can discount (bid) on the fly based on demand
- Select, book and pay
- Option to pay using local money or cryptocurrency.
- Review required after job
RecyclebotWasteCoin (WRC) – ERC 20 Token built on the Ethereum protocol.
- Users can send and receive payments for waste globally at negligible cost, without any intermediaries.
Which types of stakeholders are involved, in which way? / Quels types de parties prenantes sont impliqués, de quelle façon?
Consumers (individuals, households, MSMEs and large firms, NGOs, public institutions & spaces, schools, hospitals, etc.):
- More money; sell or trade all waste
- Save money; waste buyers compete for their waste
- Great job; waste managers work hard for great reviews and high-value waste.
Waste managers (recycling firms, WtE plants, waste utilities, makers, repairers, aggregators etc.)
- Save time: Less time locating and separating waste
- More money; more high-value separated waste to sell to re-cyclers
- Grow faster; great reviews + great prices = more work
How could the actions be scaled up at the neighborhood or city level? / Comment serait-il possible d'augmenter la portée des actions à l'échelle des quartiers ou de la ville?
How we make money
We charge users a nominal monthly subscription fee.
Recyclebot’s fee is a cost of revenue w/ guaranteed ROI vs. a marketing expense w/ no guaranteed ROI.
Marketing and sales(Acquiring customers):
- Online marketing inc. SEM, SEO, SMM, daily deals
- Refer-a-friend discounts for consumers
- Volume/loyalty discounts for consumers and waste managers
- Incentive program for HR and office managers
Customer Service(Keeping customers):
- Dedicated customer service representatives for each DMA
- Recyclebot staffed community message board for consumer (public) and waste managers (login required)
Product Development(Staying competitive)
- Customer Development Advisory Board to drive consumer features
- Product Development Advisory Board to drive app features
- Add smart contracts
- Add payments Wallet
- Add Quantum Swap across blockchains
Key Metrics: https://imgur.com/TMQBYWc
What impact will these actions have on reducing greenhouse gas emissions and adapting to climate change? / Quels impacts auront ces actions sur la réduction des émissions de gaz à effet de serre et l'adaptation aux changements climatiques?
Today, each year:
- 1.3 million tons of food lost or wasted (FAO, 2011)
- Per capita solid waste generation at 1.2kg per day, projected to reach 1.42kg by 2025 (Hoornweg, Daniel; Bhada-Tata, Perinaz. 2012.)
- 8 million tons of plastic waste enters oceans, 91% of plastic waste not recycled (WEF, 2016).
- Over $2.6 trillion worth of FMCGs sent to landfills and incineration plants (WEF, 2016)
A fully-decentralized P2P waste recycling platform could:
- Recover all recyclables at the point of sale and post consumption
- Ensure that only high-calorie waste enters waste-to-energy plants or get shipped to recyclers.
- Divert waste streams from oceans and landfills
What are the other environmental, economic or social benefits? / Quels sont les autres bénéfices environnementaux, économiques et sociaux?
Municipal solid waste management service levels are increased; local jobs are created, waste is reused and reduced, with multiple benefits; improved livelihoods, health, nutrition and education.
What are the most innovative aspects and main strengths of this approach? / Quels sont les aspects novateurs et les principales forces de cette approche?
- Anyone can use Recyclebot to buy, sell or trade their waste, allowing it to address markets not served by municipalities and entrench itself in the market.
- Transactions are documented in a permanent decentralized record, and monitored securely and transparently.
- Reduces times delays and human mistakes
- Monitors costs, labor and emissions at any point in the supply chain.
- Helps understand and control the real environmental impacts of products
- Verifies authenticity and fair trade status of products by tracking them from their origin.
What are the proposal’s projected costs? / Quels sont les coûts projetés de la proposition?
Bootstrapped by founders through customer development and MVP, the project costs to date include;
- Creating the Recyclebot app prototype (approximately 430 hours)
- Creating the RecyclebotWasteCoin ERC 20 Token on the Ropsten Test Network (approximately 180 hours)
- Creating RecyclebotWasteCoin ICO test website (approximately 30 hours)
- Time in writing the proposal (approximately 30 hours).
Based on a typical hourly rate for a professional engineer practicing in Zambia, other costs would total in dollars an estimated $33,500 – $167,500.
We are seeking $45,000 seed funding (target close by EOQ3), so we can:
- Recover 480,000 tons of waste and reach $400,000 in sales
- Scale/refine marketing/customer acquisition
- Scale customer service
- Scale infrastructure
The proposed budget is as follows:
Customer creation (marketing/customer acquisition) $5,000 10%
Other Direct Costs $3,000 6%
PRODUCT DEVELOPMENT $32,000 64%
- Publish Recyclebot dApp on Google Playstore and Apple iStore
- Test and debug App and Website
- Test and debug RecyclebotWasteCoin Token
- Test and debug RecyclebotWasteCoin ICO website
- Publish RecyclebotWasteCoin token on BITKwacha Exchange and Coinbase
- Publish RecyclebotWasteCoin ICO website
Equipment $10,000 20%
What are the potential challenges or obstacles? / Quels sont les défis ou les obstacles potentiels?
- Low uptake of electronic payments by low-income consumers, and mobile broadband connectivity.
- Regulation on waste imports/exports, carbon credits and crypto-currency.
- No or inadequate growth funding.
About the authors / À propos des auteur(e)s
References / Références
- “Hoornweg, Daniel; Bhada-Tata, Perinaz. 2012. What a Waste : A Global Review of Solid Waste Management. Urban development series;knowledge papers no. 15. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/17388 License: CC BY 3.0 IGO.”
- FAO. 2011. Global food losses and food waste – Extent, causes and prevention. Rome
- Van Berkel, R., Fujita, T., Hashimoto, S. & Fujii, M. Environ. Sci. Technol. 43, 1271–1281(2009).
- Kriegler, E. Glob. Environ. Change 22, 807–822 (2012).
- International Solid Waste Association. Globalization and Waste Management (2012).
- Kennedy, C. A. & Hoornweg, D. J. Indust. Ecol. 16, 780–782 (2012).
- International Institute for Applied Systems Analysis. SSP Database (2012); available at http://go.nature.com/lwp7x1