Plastiks x NMKR: Bringing successful Plastic Credits Marketplace from Celo Blockchain to Cardano

[GENERAL] Name and surname of main applicant

Daniel Garcia Perez

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Co-proposers and additional applicants

Plastiks (Nozama Tech Ltd) and NMKR are the main applicants. Plastiks is represented by its CTO, Daniel Garcia and its CEO, André Vanyi-Robin.  

NMKR is represented by its CEO, Patrick Tobler.  

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

6

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Plastiks will become the leading plastic credit platform in Cardano to recover and recycle plastic from the environment by specifically scaling downstream collection systems and recycling infra. 

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] Please provide here more information on the open source status of your project outputs

The open source side of the project will be the policy scripts and the library to interoperate with Plastiks, so every project in the Cardano ecosystem will be able to recover plastic from the environment and create rewards, gamification and loyalty programs with it. 

[METADATA] SDG rating

SDG 6: Clean water and sanitation 

SDG 8: Decent work and economic growth 

SDG 9: Industry, innovation and infrastructure 

SDG 11: Sustainable cities and communities 

SDG 12: Responsible consumption and production 

SDG 13: Climate action 

SDG 14: Life below water 

SDG 17: Partnerships for the goals 

[SOLUTION] Please describe your proposed solution

About Plastiks: 

https://www.youtube.com/watch?v=jc1oWXSGUgU

 

Plastic waste in the environment is a 350 million ton per year problem and downstream collection systems and recycling infrastructure needs to be improved and, in many countries, built out.  

 

Plastiks.io provides is a plastic waste recovery tracking platform that includes (currently the solution is built & working on the CELO blockchain): 

· Verifies the recovery and recycling of plastic from the environment. 

· Traces plastic waste from recovery to recycling. 

· Converts the waste recovery data into PLASTIC CREDITs that ensure transparency. 

· Offers companies and individuals the opportunity to sponsor plastic waste recovery. 

Plastiks certifies Plastic Recovery Entities in 20 locations around the world, enabling them to issue PLASTIC CREDITs on the platform. 

These entities recover and/or prevent plastic from reaching the environment. Once the plastic is recovered, they sell it to recyclers for its reintroduction in the industry or they use different solutions to give it a second life. 

Mission and Objectives 

Plastiks’ mission is to include plastic recovery in every economic transaction taking place during everyday life and business. 

The value for companies: 

Plastiks’ objectives for companies is to provide them with the ability to: 

· Take immediate and verified actions against plastic pollution to meet their ESG and CSR goals. 

· Incorporate environmental stewardship into their offering to meet customer needs. 

· Share the positive impact with their customers and increase their engagement. 

· Empower their customers to be part of the solution to tackle plastic pollution. 

· As plastic regulation increase, help companies be compliance and pay less taxes 

  

The value for Plastic Recovery Entities 

Plastiks’ objectives for Recovery Entities are: 

· To grow their positive environmental impact by increasing their activity. 

· To implement social goals, such as employing more people with low job opportunities, bring social dignity and inclusion to the community, and provide education about recycling and circularity. 

The Plastic Credit currently on CELO 

PLASTIC CREDITs are single count guarantees for recovering or preventing leakage and recycling a certain quantity of plastic from the environment. 

They are issued by certified Plastic Recovery Entities and approved by Plastiks. 

The proceeds from the sale of PLASTIC CREDITs are used to carry out a roadmap, providing measurable social and environmental impact on additional plastic recovery and recycling. 

 A roadmap can consist of acquiring new machinery or equipment, hiring more waste pickers, increasing its salaries, opening new geographical areas, deploying medical camps to provide medical care for the waste pickers, and any other approved activity that provides a measurable impact on the recovery and recycling of additional plastic waste. 

 In practice, the core of the PLASTIC CREDIT on the Plastiks platform is the invoice that has been generated when the Plastic Recovery Entity has sold the recovered plastic waste to the recycler. The Proof of Payment, the Waybill and the Receipt from the recycler serve to verify the authenticity of the plastic recovery and recycling at various stages and locations. 

These documents are verified, and relevant information is uploaded on the blockchain. 

Technically, the PLASTIC CREDIT on the Plastiks platform is a Non-Fungible Token. 

A Non-Fungible Token (NFT) is a unique digital identifier that is recorded on the blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided, ensuring that PLASTIC CREDITs cannot be traded once they have been bought, as they represent an immutable amount of plastic recovered from the environment and put back into the industry. 

The positive environmental impact of the current solution is measured in terms of plastic waste recovered and all of the following key performance indicators: 

· Increase in employment for waste pickers 

· Improvement in work conditions for waste pickers 

· Improvement in living conditions for families of waste pickers 

· Increase in biodiversity resulting from the recovery of plastic waste from the environment.  

About NMKR: 

NMKR is a leading NFT infrastructure provider on the Cardano blockchain, offering a suite of tools that enable brands, companies, and enterprises to create and launch custom NFT projects with ease. 

 

With a focus on accessibility, NMKR provides development APIs and No-Code building blocks that can be combined in a modular way to integrate NFT Minting and NFT Marketplace Trading functionalities on websites quickly and easily. 

 

As the largest NFT infrastructure provider on the Cardano blockchain, NMKR has already minted over 2 Million NFTs and collaborated with high-profile celebrities and entities. By using NMKR , users can create unique NFT projects tailored to their specific needs, tapping into the growing market for digital assets. 

 

NMKR is committed to driving the adoption of digital assets and making NFT creation and trading accessible to everyone. NMKR´s platform's modular approach and user-friendly tools allow users to launch their NFT projects quickly and easily, without the need for advanced technical skills.  

The focus of this proposal: 

Specifically, Plastiks aims to take its existing platform built on CELO and build on the Cardano Blockchain its Plastiks methodology guidance and procedures for onboarding waste recovery entities across the world. To do this, Plastiks needs to take its modules and tools and develop them on CARDANO so that they can be peer reviewed to ensure that they continue to reflect best practices, scientific consensus, and evolving market and sector conditions. 

The CARDANO based Plastiks platform needs to provide a transparent and traceable review process of the onboarding to allow Plastiks to determine the compliance of the recovery entities across the world so that they can be enabled to issue Plastic credits.  

The following core steps are to be carried out on CARDANO: 

· A third-party consultant assesses the compliance of the Plastiks methodology so that the plastic recovery entity can pass the verification process.  

· Plastiks methodology documentation which includes roadmap concept note, draft impact metrics and draft project description as well as draft budgetary requirements. 

· Establishing recovery entities working groups including third-party experts to provide technical inputs whilst being accredited to do so.  

Verification steps to be complied with on the blockchain so that the review process can be transparently peer reviewed and put on hold under a certain set of circumstances:  

1) the quality of the documentation does not meet reasonable expectations.  

2) the process does not reasonably progress towards resolution in terms of peer review  

3) major issues or risks are identified that cannot be addressed in a reasonable amount of time.  

Verification approval steps to be complied with on the blockchain so that the verification approval process is transparent.  

At any point during the verification (onboarding process), Plastiks may reject the onboarding and can flag: 

1) a sanction 

2) negative outcome (e.g., non-existing social and environmental impacts);  

Plastiks aims to ensure full interoperability with its existing platform that enables the creation of Plastic Credits and their buying and selling.  

Plastiks is already collaborating with Barcelona football club team and in discussions with other sport teams in Europe and in the US. For future sports teams, all PLASTIC CREDITs on the Plastiks platform would be Non-Fungible Token on CARDANO. 

Since a Non-Fungible Token (NFT) is a unique digital identifier that is recorded on the blockchain and is used to certify ownership and authenticity, it is a receipt of plastic recovery that cannot be copied, substituted, or subdivided. 

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Plastiks will be a driver for expanding the CARDANO community in the realm of real world assets.  

Real-world assets, also called RWAs, are tokens that represent certain physical assets. It can be as property, objects, bonds or others. Just like other tokens, these function on the blockchain through smart contracts, and one token can amount to a whole object as well as its part. In the case of plastic recovery, A Non-Fungible Token (NFT) is a unique digital identifier that is recorded on the blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided, ensuring that PLASTIC CREDITs cannot be traded once they have been bought, as they represent an immutable amount of plastic recovered from the environment and put back into the industry. 

These Plastic credits are being adopted by corporates and in time will be adopted by institutions as well as recognized by the consumer markets as legitimate units of measure of plastic waste recovery and sources of funding for said plastic waste recovery. 

The CARDANO community will increase at a global scale due to its relevance in the Plastic Credit market. 

Among Plastiks´ clients you can already find Barcelona Football Club, Danone, CBRE, Rosita Beer, MQ Dent, Century 21 and this is just the beginning.

More than 4M expected transactions / year due plastic recovery because of the existing partnerships in the sports industry.

More than 4M expected transactions / year due plastic recovery because of the existing partnerships in the sports industry.

More than 4M expected transactions / year due plastic recovery because of the existing partnerships in the sports industry.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

We do the development in-house and everything existing on the Plastiks ecosystem has been built by us. We want to bring the whole ecosystem into Cardano, including new customers that will bring more users. 

To date, Plastiks has developed and deployed a fully operational plastic credit marketplace that has been validated by many customers and most significantly by the Barcelona Football Club.  

The Plastiks platform is fully operational, running at 100% efficiency, enabling recycling entities to issue credits for plastic recycling. This mechanism allows both individuals and businesses to acquire these credits, ensuring the recovery of plastic and providing crucial funding to recycling entities. This support empowers them to achieve their long-term objectives and drive meaningful environmental change. 

Moreover, NFC collection creators are offered a valuable avenue through Plastiks to develop sustainable collections. Each purchase of an NFC guarantees the recovery of a specific quantity of plastic, endorsing responsible environmental stewardship. This forward-thinking model not only elevates the intrinsic value of each NFC collection but also directly contributes to the conservation of our planet. 

Additionally, it is planned for Plastiks credits to be purchasable with Ada and other coins within the Cardano network. This integration aims to enhance accessibility and flexibility for users, fostering a wider adoption of sustainable practices within the blockchain community. By leveraging the Cardano network's capabilities, Plastiks is set to bridge the gap between environmental sustainability and cryptocurrency, marking a significant step forward in eco-friendly blockchain initiatives. 

The process of developing and implementing the marketplace was done over a period of 2 years and has been able to integrate twenty waste recovery entities in twenty different countries with Barcelona Football Club and their fans.  

Additionally, work has been done to develop and deploy ecommerce tools on the blockchain to acquire Plastic Credits. Specifically, a Shopify App on CELO blockchain was deployed to allow buyers to recover plastic when buying products from any Shopify ecommerce store front.  

 

Additionally, a subscription platform for businesses and individuals has been developed and deployed to enable small businesses and individuals to recover plastic by buying plastic credits in a recurring format with Apple Pay, Google Play or with Credit Cards. 

All of these functionalities would be deployed on CARDANO. 

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Analysis of technical requirements to create the smart contract regarding Plastic Credits and the integration on the existing marketplace 

 

Milestone output(s) 

• Analysis documents with the technical details to implement: 

• Plastic Credits in Cardano using NMKR 

• Integration steps to add Cardano in the existing marketplace 

 

Acceptance criteria  

• The document shows the guidelines to integrate the current ecosystem in Cardano, showing the potential risks/blockers and how to address them. 

 

Duration: 4 weeks 

Create the plastic credits on Cardano using NMKR technology and deploy on testnet and mainnet 

Milestone output(s) 

• Policy Script for Plastic Credits on the github 

• Validation and checking on testnet and mainnet 

 

Acceptance criteria  

• The Plastic Credits can be created on the Cardano blockchain testnet. 

• Testing was completed 

• The Plastic Credits are deployed on Cardano mainnet 

 

Duration: 4 weeks 

Integrate the marketplace to connect using Cardano wallets and create Plastic Credits. 

Milestone output(s) 

• The marketplace handles the connectivity with Cardano wallets 

• The Marketplace manages the requests, backend integrated with Cardano  

• Marketplace Smart contracts to interact with the Plastics credits in Cardano 

• The UI to let Recovery Entities to create the Plastic Credits for Cardano 

 

Acceptance criteria  

• As a user, I can connect into the marketplace using my Cardano wallet 

• As a Recovery Entity, I can connect into the marketplace using my Cardano wallet 

• As a Recovery Entity, I’m able to create Plastic Credits in Cardano 

 

Duration: 2.5 months 

Users can purchase Plastic Credits from Cardano and see them in their sustainability dashboard 

Milestone output(s) 

• Users can connect and purchase plastic credits 

• Users can see their sustainability profile linked to Cardano 

Acceptance criteria  

• As a User, I’m able to purchase plastic credits from Cardano 

• As a User, I’m able to see in my profile all the plastic credits bought from Cardano 

• As a User, I’m able to see the activity on my profile showing all the sustainable actions 

 

Duration: 4 weeks  

For each plastic credit an NFT can be linked similar to what Barcelona Football Club has done with Plastiks. So that each NFT can recover plastic. Create NFTs collection on the Cardano blockchain and let users purchase them 

Milestone output(s) 

• NFT collections created on Cardano 

• NFTs screens on the marketplace showing the Cardano collection and letting users interact 

• NFT user’s profile showing the NFT bought from Cardano 

 

Acceptance criteria  

• As a creator, i’m able to create NFT collections in the Cardano blockchain and manage them (create, edit, delete) 

• As a user, I’m able to purchase NFT from the Cardano blockchain and see them on my profile 

 

Duration: 4 weeks 

Bring existing customers to the Cardano ecosystem 

 

Milestone output(s) 

• Fully integrated platform on CARDANO where all components are present and functional.  

• Closing report 

• Closing video 

 

Acceptance criteria  

• Launch of Plastic credits from three recovery entities on the Platform and used by Football Club Barcelona.  

• Closeup video and report 

[RESOURCES] Who is in the project team and what are their roles?

Current team members: 

 

We will use the Plastiks team to work on this project because the key team members have been working together for the last three years. In addition, we will partner with other strategic Cardano partners like NMKR and the Cardano Foundation as well as the developer community.  

 

Daniel Garcia, CTO, Project LEAD on all CARDANO matters. 

https://www.linkedin.com/in/danigarciaperez/ 

 

 

André Vanyi-Robin, CEO: 

https://www.linkedin.com/in/andrevanyirobin/ 

 

Agustin Borthwick, Plastiks Verification, Methodology and Audit 

https://www.linkedin.com/in/agustin-borthwick-a68575140/ 

 

 

Ana Aguilar, Operations Director 

https://www.linkedin.com/in/anaguilarmeca/ 

 

 

Raúl, Sr. Developer  

https://www.linkedin.com/in/raulvila/ 

 

 

Andrés, Sr. Developer 

https://www.linkedin.com/in/andresmalopez/ 

 

 

Golden Owls, Developers 

https://goldenowl.asia/ 

 

 

NMKR, Tech Partner 

https://www.nmkr.io/ 

 

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Assumptions: 

• Company hourly CTO rate: $90 per hour before all tax 
• Company hourly senior rate: $75 per hour before all tax 
• Company hourly compliance rate: $70 per hour before all tax 
• Company hourly project manager rate: $50 per hour before all tax 
• Company hourly design rate: $50 per hour before all tax 
• 1 ADA = 0.46 USD (current price with slippage tolerance) 

 

 

Project Costs: 

• Design / Architecture (Milestone 1): 40 hours x CTO, 40 hours x senior dev = $6,600.00 
• Development and testing (Milestones 2,3,4,5): $247,690.00 -> $163,190.00  
• Project Management / Reporting: 180 hours = $9,000.00 
• Compliance onboarding: 80h = $5,600.00 
• Partners onboarding: 120h = $6,000.00 
• Platform designs: 160h = $8,000.00 
• Infraestructure: 24 months = $4,800.00 
• NMKR: $23,000.00 

TOTAL: $226,190.00 = 491,717 ADA 

BUDGET FOR EACH MILESTON: 

• Milestone 1: $6,600 => 14,347.8 ADA 
• Milestone 2: $32,800 => 71,304.3 ADA 
• Milestone 3: $111,972 => 243,417.39 ADA 
• Milestone 4: $30,710 => 66,760.86 ADA 
• Milestone 5: $34,308 => 74,582.6 ADA 
• Final Milestone: $5,000 => 10,869.5 ADA 

• Infraestructure = $4,800.00 => 10,434.7 ADA 

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

All costs represent the times and materials for the skill sets involved at all phases of the project, in order to have the Plastiks ecosystem on Cardano, bringing Plastic Credits to Cardano. 

The budget for this project has been carefully estimated to match prevailing prices and the cost of labor in the blockchain sector. Our prior development work confirms that the planned schedule is appropriate for the complexity of the tasks and is consistent with the expected timeframe. 

Since much of the project has already been completed, starting anew would greatly increase expenses. The project is financially sound because it makes use of already available resources and knowledge, which helps lower costs overall. 

Additionally, the project offers significant advantages to the Cardano ecosystem, particularly in enhancing sustainability. Bringing companies and partners to the ecosystem.