Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
New dApp on VeChain Incentivizes Used Cooking Oil Recycling

New dApp on VeChain Incentivizes Used Cooking Oil Recycling

CoineditionCoinedition2024/06/18 16:46
By:Abdulkarim Abdulwahab
  • VeChain welcomes Oily dApp, which is focused on rewarding users for learning about and recycling used cooking oil.
  • Oily dApp offers “learn to earn” and “map to earn” features in its initial phase.
  • The app aims to promote efficient waste management and make sustainable practices profitable.

The VeChain ecosystem has welcomed the launch of the Oily dApp by UCO Network, a project focused on environmental sustainability. This application aims to revolutionize the recycling of used cooking oil by leveraging Blockchain technology to promote efficient waste management and reward eco-friendly practices.

This was announced via a social media post recently, disclosing that VeChain is now the home for Oily dApp.

Oily dApp launched last Wednesday, introducing features like “learn to earn” and “map to earn” in its initial phase, with “recycle to earn” teased as coming soon.

The “learn to earn” feature incentivizes users to engage with educational content. Users can earn rewards by acquiring new skills and knowledge about the proper handling and recycling of used cooking oil, blockchain technology, and sustainable practices. The goal is to make learning both beneficial and profitable.

Similarly, the “map to earn” feature allows users to contribute to the community by mapping out restaurants that produce used cooking oil. This crowd-sourced mapping effort helps the UCO Network promote efficient recycling practices and increase the number of restaurants recycling UCO.

In this initial phase, the team has whitelisted 50 oil busters. Participants in mapping can earn rewards for their contributions.

Meanwhile, the upcoming “recycle to earn” feature will enable users to earn rewards by actively participating in the recycling of used cooking oil. By properly disposing of used cooking oil at designated collection points, users can contribute to environmental sustainability and be rewarded for their efforts.

Notably, the Oily dApp is currently in a testing phase, with the team relying on the VeChain community to provide valuable feedback for a smoother future launch. Additionally, during the announcement of Oily dApp joining VeChain’s VeBetterDAO , the project team revealed that they had received a grant from VeChain.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!