UAE Zeloop which is working to decrease pollution globally using Blockchain based applications and token rewards, has partnered with Philantroinvestors . Developed by Smart Block, Zeloop’s mobile application, the Zeloop app, encourages and rewards users for plastic recycling behavior using Binance Smart Chain ( now called BNB Chain) crypto tokens. The app currently has 11,000 users in 146 countries.
It has been estimated by NOAA (National Oceanic and Atmospheric Administration) that it would take 67 ships, working a full year, to clean up less than 1% of the plastic waste currently there2, this is why Zeloop sees that part of the solution lies in changing consumer behavior planet-wide to recycle rather than waste plastics.
PhilantroInvestors, the brainchild of Argentinian-American investor Ivan Anz, looks for and promotes innovative yet profitable investments that advance human welfare and create measurable social impact. The company currently includes Florida-based Inc 500 housing company Equity & Help and water treatment innovator OriginClear in its stable.
In May 2021, UAE Based Zeloop had partnered with Dettol to encourage recycling of hygienic goods.