CleanOcean Review: Integrating Blockchain in Ocean Cleaning Projects

Press Release • December 16, 2021

CleanOcean is a unique project that aims to clean up oceans and save animal and human life, implementing innovation instead of copying from its priors.



The project is run by a fully doxxed and dedicated team that is transparently working on the mission of saving the earth’s water masses from dire pollution. For purposes of the oceanic masses’ health, the organization has 2 task forces, one in Sri Lanka and the other in Kenya, that clean up heavily polluted areas all over the globe.

Features

Decentralized Yield-Generation


CleanOcean is a frictionless,decentralized yield-generation charity eco-token. The token runs on a self-staking, automated liquidity-locking technology. It automatically guarantees safe, secure, and hassle-free transactions and yields production for all holders.


The organization aims to create a complete ecosystem around CleanOcean, including charities, partners, and in-house initiatives, to reduce plastic ocean waste substantially. An NFT marketplace featuring unique art created by professional creatives will be available soon. As a result, consumers may obtain one-of-a-kind artwork while supporting the cause.


Smart Contract

CleanOcean aspires to be a well-known and recognized brand in the eco-token field. The smart contract for the $CLEAN token is currently being upgraded, and holders are moving their assets to v2.


The new total supply has been lowered to one billion tokens, with the smart contract upgrade. The decrease in quantity was caused by token burning, which destroyed 40% of the tokens; It almost caught fire. The majority of the platform’s smart contracts are under the organization’s authority. Consequently, the team can actively manage everything and adapt to market trends and situations.


Common services, such as CoinMarketCap, can also easily follow the coin. The digital asset is also accessible on cryptocurrency exchanges such as CoinGecko. Security measures have been embedded within the contract to prevent exploitation of the reflecting system or honeypotting.

Donations


The project accepts donations from anyone, individual, or organization. However, donations can only be made via Paypal or crypto. The donations will keep the coin stable and healthy growing. Note that the founders hold around 12% of the total supply In A Locked wallet. This wallet ensures the ongoing of the project and consists of the following parts:


  • Charity Funds: 50%
  • Marketing Budget: 30%
  • Development Budget: 10%
  • Reserve: 10%

So far, CleanOcean has donated $15.000 to similar projects like Seashepherd.org and Theoceancleanup.com.

$CLEANOCEAN Token


CleanOcean is a deflationary crypto-token that uses transaction fees as a fund source for doing ocean cleanups. The organization can generate liquidity this way. Never in human history has it been possible to integrate investment and charity seamlessly.


Token Price

CleanOcean price today is $0.00225325 with a 24-hour trading volume of $54,178. It has a total supply of 1 billion. The token is built on Binance Smart Chain to allow cheap gas fees compared to other tokens. Hence, an added advantage to both users and the organization.

Tokenomics


CleanOcean token is distributed as follows:

  • Total Supply: 1,000,000,000
  • BUSD/CLEAN Luquidity Pool: 40,000,000
  • BNB/CLEAN Luquidity Pool: 40,000,000
  • Dev-Wallet: 120,000,000
  • Migration Pool: 200,000,000
  • Staking Reserve: 400,000,000

CleanOcean’s Mission


CleanOcean’s objective is to reduce ocean floating plastic by 90%. They want to raise $1,000,000.00 for charity and non-profit organizations each year.


Seeing the tremendous progress of this project in such a short period makes this vision a very attainable aim. On the first day alone, $1,000.00 was contributed to “The Ocean Cleanup.” It was a significant achievement for the project, the crew, and the community.


Within 24 hours of its launch, the project had attracted over 2000 holders, had a market cap of $2,000,000.00, and made its first donation.


CleanOcean Partnerships

CleanOcean has worked with the CEO of Sea Shepherd in Germany. The initiative used a live stream to gather donations for the project. It has also participated in several collaborations with businesses and initiatives in its industry. Waste Less Arugam Bay and Sana Mare are among these projects.


Most partnerships happen behind the scenes, where the team is engaging with other firms in the crypto industry for combined efforts. CleanOcean has also formed Task Forces to clean up heavily polluted areas worldwide.


Pros

  • Secure: the project has liquidity, and dev wallet partly locked.
  • Charity: 1% of the transaction fees are raised for ocean-related charities and Cleanup-Projects hosted by CleanOcean.
  • Profit for Holders: 3% of the transaction fees go straight to the holders
  • Auto Liquidity: 4% Of transaction fees go into the liquidity pool.

Cons

  • The Token is Still New: There are still a lot of features that need to be integrated into the token and the whole project in general. Its full potential is yet to be unleashed, which might take a while.


Roadmap

The project is currently at its Q4, 2021 stage. So far, the project has managed to deploy the new contract. Currently, the migration to v2 is ongoing. From there, we can expect the release of its first NFT. Then, we shall see a deployment of their mobile app, both on Android and iOS.


Also, there will be negotiations for a major exchange listing. The last event will be extended marketing with targets outside the crypto space. There is no information on next year’s events, but you can get updates from the community on telegram.


Final Thoughts

The project has just upgraded to a new contract, CLEAN V2. It has changed tokenomics and the security features for the better. The smart contract has been the largest mile in the BSC space so far, a move that is directed towards attracting more people. The project has quickly made tremendous developments, showing their aim is realistic. Additionally, more people are willing to get behind the project because it is for the world’s greater good. You can read more about the project on:


Website: https://cleanocean.io/

Telegram: https://t.co/Ts56sHFkQf

Twitter: https://twitter.com/cleanoceantoken


Disclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
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