CleanOcean (old): Solution for Ocean Plastic Pollution Management
The CleanOcean (old) whitepaper was released by its core team in the early stages of the project, aiming to combine blockchain technology and cryptocurrency investment to provide innovative fundraising and operational models for global ocean protection and plastic recycling.
The CleanOcean (old) whitepaper centers on the theme of “empowering ocean conservation through blockchain technology and building a sustainable circular economy.” CleanOcean (old)’s unique feature is its proposed mechanism of “smart contract-driven environmental action + token economic incentives,” designed to enhance transparency and efficiency in funding plastic recycling and ocean clean-up; the significance of CleanOcean (old) lies in opening new financing channels for environmental projects and defining a paradigm for cryptocurrency’s application in solving real-world environmental problems.
The original intention of CleanOcean (old) is to address the severe challenge of ocean plastic pollution and provide decentralized, sustainable funding support for environmental causes. The core viewpoint outlined in the CleanOcean (old) whitepaper is: by combining the CLEAN token economic model with smart contracts, it can effectively incentivize the global community to participate in ocean clean-up and plastic recycling, thereby creating value for participants while achieving environmental benefits.
CleanOcean (old) whitepaper summary
What is CleanOcean (old)
Friends, today let’s talk about a blockchain project called CleanOcean (old), with the token ticker CLEAN. Imagine a cryptocurrency that’s not just for trading and investment, but also contributes to our beautiful oceans—isn’t that cool? CleanOcean (old) is an attempt to combine blockchain technology with charitable causes, with its main goal being to support ocean clean-up efforts.
You can think of it as a “digital donation box” plus a “reward mechanism.” This project aims to use its token transaction mechanism to automatically generate funds, with one part rewarding token holders and another part donated to relevant charities for ocean protection and clean-up actions. The project team believes this approach can seamlessly connect investment and charity in an unprecedented way.
However, it’s important to note that we’re discussing the “CleanOcean (old)” version today. Based on available information, this project has migrated to a new contract address, which means the “old” version you see now may no longer be active, or its functions have been replaced by the new version. CoinMarketCap shows its self-reported circulating supply and market cap are both zero, which usually means the token currently has no active trading or has been abandoned.
Project Vision and Value Proposition
CleanOcean (old)’s vision is very straightforward: to leverage the power of blockchain technology to provide funding for ocean clean-up and protection. The core problem it hopes to solve is how to make investment activities continuously support public welfare, while also allowing participants to benefit. It tries to use fees generated from token transactions to automatically raise funds for charity, while rewarding token holders, thus forming a sustainable ecosystem.
This model is not uncommon in the blockchain world; many projects attempt to combine “returns” with “public good.” CleanOcean (old)’s unique aspect is its focus on the specific and urgent environmental issue of ocean protection. Through this innovative financial mechanism, it hopes to draw more attention and participation to ocean conservation.
Common Risk Reminders
Friends, in the blockchain world, understanding risks is as important as understanding opportunities. For projects like CleanOcean (old), there are some common risks to be aware of:
- Project Lifecycle Risk: Since we’re discussing the “old” version, this means the project may no longer be maintained or has migrated to a new version. Investing or participating in such projects requires caution regarding the risk that it may have ceased operations or been abandoned.
- Liquidity Risk: If a token’s circulating supply and market cap are both zero, its trading activity will be very low, and you may find it difficult to buy or sell—this is known as liquidity risk.
- Technical and Security Risk: Any blockchain project may face technical risks such as smart contract vulnerabilities or network attacks.
- Economic Model Risk: An economic model that relies on transaction fees to support charity and rewards requires sustained trading volume to function. If project popularity wanes and trading volume drops, its charity and reward mechanisms may not operate effectively.
- Compliance and Operational Risk: Regulatory policies in the blockchain and cryptocurrency space are constantly evolving, and projects may face compliance challenges. Additionally, ongoing oversight is needed regarding the project team’s transparency in fund management and charitable donations.
Please remember: The above information is for educational purposes only and does not constitute investment advice. Before participating in any blockchain project, be sure to conduct thorough independent research (DYOR - Do Your Own Research) and understand all associated risks.
Verification Checklist
Since information on CleanOcean (old) is very limited and the project may be inactive, here are some items you would typically verify, but for this “old” project, it may be difficult to find valid information:
- Block Explorer Contract Address: Look up its contract address on chains like BNB Chain (BSC) to check transaction records and holder distribution.
- GitHub Activity: Check if the project has a public code repository, as well as the frequency of code updates and community contributions.
- Official Website/Whitepaper: Search for the latest official materials to understand the project’s current progress and detailed plans.
- Community Activity: Follow its social media (such as Twitter, Telegram, Discord) and forums to learn about community discussions and project updates.
Project Summary
In summary, CleanOcean (old) is an early attempt to combine blockchain tokenomics with ocean charity initiatives. Its core idea is to use fees generated from token transactions, with one part rewarding holders and another supporting ocean clean-up efforts, aiming to create a sustainable public welfare model. However, given its “old” label and current public information showing both circulating supply and market cap as zero, this suggests the project may have ceased activity or migrated to a new version. For anyone interested in this project, it is strongly recommended to conduct thorough independent research and have a clear understanding of the risks involved. For more details, please be sure to research on your own.