COLDFALL Corporation—in partnership with SHAMLA TECH Solutions—has launched the Transmute Coin ICO to use our revolutionary green technology to reduce pollution and incentivize recycling globally.
The conversion of plastic waste to fuel begins with the collection of plastic.
Plastics leak toxins into the soil and make their way into the sea. Only 9% of plastic waste has been recycled. Plastic finds its way to the oceans where it endangers, and often kills, marine life.
We need to capture more of the remaining plastic before it makes it into landfills and the sea. To that end we intend to establish worldwide plastic collection sites. Individuals will be able to bring us plastic waste that they can exchange for Transmute Coins. Transactions will be based upon a floating formula of weight-to-dollar ratio and processed using an easy-to-use mobile app.
U.S. Citizens and permanent residents are restricted from purchasing Transmute Coins.
Transmute Coins are ERC20 compliant tokens based on Ethereum Blockchain with custom-built smart contracts to optimize fuel prices. COLDFALL uses Refinitiv World-Check One for Know Your Customer (KYC) verification of Transmute Coin transactions. Refinitiv is owned by the Blackstone Group LP and Thomson Reuters.