ARYZE Acadamy

Monetization of Plastic Waste

Monetization Plastic waste and to incentivise people from all over the world to pick up plastic!

Around 8-12 million tons of plastic ends up in the ocean every year, and if it continues there will be 1 ton of plastic to every 3 tons of fish in the ocean by 2025.

Plastic is discharged from several different sources. 80% of the waste that ends in the ocean comes from land-based activities (landfills, industries, storm drains, tourism, untreated water waste) and the remaining 20% comes from ocean-based activities (cruise ships, ferries, fishing, container shipping, off-shore industries like oil and gas platforms).
In many ways plastic is an extremely durable and useful material. But it is often used just ONCE – single-use plastic – for example in packaging, plastic bags or single-use cups, after which quite a lot of it is discarded into nature, and damaging the wildlife and marine environment. This is happening both in Denmark and many other countries.
In the ocean, the sun and waves break down larger pieces of plastic into microplastic, but it doesn’t disappear completely. Therefore, we have to be very careful not to throw out plastic waste and to not leave even a single piece in the ocean and nature.
Plastic represents a great threat to many animal species. Many animals confuse pieces of plastic with food, so they end up eating it (both large and small pieces of plastic, depending on the size of the animal). Since plastic cannot be digested like normal food it inhibits the animals’ ability to eat real food and it can often lead the animal to die of starvation. Other animals die because they get wrapped up and stuck in plastic and cannot break free.
Plastic is connected to climate change in every stage: from the extraction of oil and gas for plastic, in the production phase and in the disposal stage. Furthermore, CO2 is emitted when plastic is broken down by the sun’s rays in nature. Currently a total of 6% of the global raw oil extraction is used for plastic, equaling the aviation sectors global usage. This number does not include the oil that is used afterwards in transportation, processing, handling and more.

We had to do something..

How did it all start?

The idea started when I was volunteering in Cambodia in 2017 when i saw vast amounts of plastic waste everywhere i went. Got me thinking how do we incentivize people to collect and recycle plastic waste? I thought why not monetize the waste, people need more streams of income so if we create value behind it maybe the problem can be solved.

The project itself started earlier this year when i was doing a Blockchain course at CBS where we had to apply blockchain to a sustainable solution, naturally, I recalled my time in Cambodia and thought why not explore it more by monetizing plastic waste through blockchain.

Daniel Otto
Covid did not help..

We can’t deny that Covid-19 pandemic has not had an effect on us. The challenges has pushed us backwards and we can now use all the help we can get!

Money works so far..

We are still researching and trying to determine if people want to pick up plastic waste for a monetary incentive, or if there are better solutions. 

We want to do so much more..

Where is the project now?

We got most of our research and business plan out of the way, and focusing on an MVP to test our potential product to determine product market fit.

We have been in contact with a potential partner in Pakistan to set up an MVP there and looking to make contact with some partners in Copenhagen.

Ambitions is key...

What is the future vision of the project?

The future vision will be to have a world rid of plastic waste by creating a new secondary plastic eco-system where key players can buy/sell plastic waste whilst incentivising plastic waste pick up.

Only 16% of plastic waste is recycled​...

6 Main Issues of Plastic...

Plastic Repacking

EU legislation obliges member states to recycle 50% of plastic packaging waste in 2025 and 55% in 2030.

Virgin Plastic

Denmark loses DKK 1.6 billion a year by importing virgin plastics rather than recycling domestic plastics waste 

To much plastic waste

Shockingly the world creates 260 million tons of plastic waste annually of which only 16% is recycled (Mckinsey & Company, 2019).

Only 13% is recycled

There is over 350,000 tons of plastic waste annually in Denmark. Only 13% recycled, 57% incinerated for energy, 28% export for recycling and 2% in landfills. Mckinsey & Company, 2019.

$60 Billion USD market

The plastic recycling industry is estimated to be valued at around $34 Billion USD and expected to grow to $60 Billion USD by 2027 (Transparency Market Research, 2020). 70% of the market is dominated in Asia.

Reach Out If You Are A..

The Solution

The idea is to create a new plastic waste eco-system that can trace, verify and monetize plastic waste solving the issues mentioned.

Recycling consultant

You are an expert in recycling, you have amazing cool ideas with a passion for recycling and ideas to executive them.

Click here

Product manager

As a product manager, you're a person who identifies the customer need and the larger business objectives that a product or feature will fulfill.

Click here

Web designer

The different areas of web design include web graphic design; user interface design; user experience design-

Click here

Sustainability consultant

Consulting in becoming environmentally responsible as we operate. You'll need to create sustainable solutions for the often conflicting needs.


Download our Pitchdeck

We all know that plastic waste is a big issue right now in the world.
We analysed the current plastic eco-systems and discovered six key issues.

People care about plastic waste more than ever before. We can see this through sustainability infinitives such as the SDG goals.

The team behind the project

This project has some fantastic people with interesting backgrounds behind it, and we need even more so make sure that the vision of plastic waste can become reality!

Daniel Otto

ARYZE Ambassador

Dan Taki

CEO at Nordic Blockchain Association

Elliot Jacksen

Hates Trash

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