The recycling model is a failed one, as it only punishes if people don't recycle, but does not reward if they do. And that, because it depends on the sale of materials, which pays little. TeknTrash obtains data from trash. And since data is valuable, we can reward people for recycling. To that, TeknTrash created a system called Stipra where people register, download an APP (Android and IOS), and use it to make videos of their household rubbish as they dispose of them. A sophisticated AI system identifies the products being disposed, grant the corresponding points, and provides the manufacturer with unheard of consumption data it can match with its sales data.
Improper recycling causes methane which is 80 times stronger than CO2 for Global Warming. TeknTrash created a system (Stipra) which effectively rewards people for proper recycling. This also means less plastic in the ocean. In fact, it is believed that, at the rate that mankind is polluting the ocean, there will be more plastic than fish in the next 50 years.
TeknTrash model effectively creates a new source of income for vulnerable people, as they earn points for making videos not only of their own household rubbish, but also of their previously registered and approved neighbours. And soon they will be able to trade those points for all kind of perks and benefits including real and much needed money. And, in a COVID world where so many lost their jobs, this is extremely timely.
1 - What is TeknTrash?
A company which obtains data from trash
2 - How does it do it?
Through a service called Stipra.com, where regular people make videos of their household trash as they dispose of them and they get points in exchange
3 - What is the benefit of that?
It creates a real an until unheard of incentive for proper recycling, and allows companies to know their customers better and to show their commitment to the environment
4 - How much are you raising in this crowdfund?
Minimum 500K, to allow us to take Stipra to the next level
5 - Have this been awarded an SEIS/EIS?
Yes: this investment has been awarded both Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS)
6 - Is there a mininum to invest?
Yes, but it is only 10 pounds!
7 - Where I can learn more?
Right now, by registering below and then also at Crowdcube's website as soon as the campaign goes live
Register your interest and we will get back to you when the campaign is running at Crowdcube so you can be one of the first ones to invest and earn!
Join us on our exciting journey and share in TeknTrash's success by investing as little as 10 pounds
This investment has been awarded both Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS)
TeknTrash effectively created a solution to the problem of methane buildup and ocean trash due to improper recycling through a data-centric approach which effectively provides real consumption data to companies
Investments of this nature carry risks to your capital. Please invest aware.