$147.77 crowdfunded from 117 people

$824.24 received from matching pools

50%
average score over 1 application evaluations
Wasset is a blockchain-based sustainable waste management platform promoting a circular economy through a marketplace, token system, DAO, and data Oracle, piloting in Ibadan and seeking funds for expansion.

Cleanup event

Introduction

Wasset is a protocol that promotes sustainable waste management, leveraging blockchain technology's transparency and tokenization to create an incentive-driven waste circular economy. By connecting those in the value chain starting with waste collectors and producers, we can efficiently recover waste for recycling or reuse thus protecting our environment from the improper disposal of waste.

Wasset Marketplace

We have four core elements of the protocol which address different problems in the current waste management space:

  • The marketplace (connecting everyone in the value chain while providing data and value)

  • The Token (the currency for the circular waste economy)

  • The DAO (a coalition of recyclers, decision-makers, NGOs etc to support funding for waste recovery projects, research and scaling of existing technologies)

  • The Oracle (a human-powered data aggregator and validator providing accurate waste data for insight and action)

wasset oracle

Important Links

  • Whitepaper: https://wasset.io/wasset-whitepaper.pdf
  • Communities: https://t.co/uZfMjE2A59
  • Discord: https://discord.com/invite/w2J9c7wCSv

Traction

  • We've hosted the first community event (WCH 1.0) in Lagos (https://tribuneonlineng.com/at-wasset-community-hangout-experts-harp-on-effective-waste-management-practices/) WCH 1.0

  • We've launched the Merchant app on Google Play Store (https://play.google.com/store/apps/details?id=com.wasset.merchant)

Merchant app

  • We've partnered with over 4 recycling companies

  • We've partnered with over 3 NGOs

  • We've developed Adehun, the payment wallet to power the marketplace (Using mobile number and USSD code)

Adehun app

  • We've partnered with different brands & Communities on different community events like IB4A(https://blog.dfmlab.com/all-you-need-to-know-about-inclusive-blockchain-for-africa-ib4a) by DFMlab, CCC-Ibadan by WomeninDeFi (https://twitter.com/women_in_defi/status/1677232881230381057?s=20), waste recovery with RecycleGarb

  • We've completed the token design

What we are doing currently

pilot waste bin

  • We are currently running a pilot program in the city of Ibadan to get data and feedback on how users interact with merchants to swap their waste for cash and use the value they accumulate to participate in the UBHI (https://blog.wasset.io/all-you-need-to-know-about-the-wasset-ubhi-project) or ImpactUs program (https://blog.wasset.io/all-you-need-to-know-about-the-wasset-impactus-project)

waste recovery

bin distribution

  • We are developing the wasset marketplace app wasset app

  • We are currently developing the token smart contract

The team

Founders

  • Boyejo Oluwafemi (CEO & COO)
  • Oyeniyi Abiola (CTO)

Community manager and content lead

  • Rolland Glory (Community manager and moderator)
  • Boyejo Oluwafemi (Content lead)

Developers

  • Oyeniyi Abiola (Blockchain developer)
  • Owolabi Bassit (Backend developer)
  • Emmanuel James (DevOps engineer)
  • Ray King (Mobile Application developer)
  • Olagunju Emmanuel (Frontend developer)

Product and UI/UX designers

  • Ayemimowa Oluwafemi (product UI designer & Graphics designer)

Management and operations

  • Omobo Timilehin (Product and operation manager)
  • Boyejo Oluwafemi (COO)

Supporters & Advisers

  • Aliu Musa (Former Celo Africa Team lead)
  • Buki Ogunsakin (BBO solicitor)

Our goal with the round

Our goal with the round is to raise enough funds to support us to continue building the marketplace app, develop the platform token in partnership with Chainforce (https://chainforce.tech/), and also support us in expanding our pilot program to reach more cities.

wasset History

  • accepted into Climate Solutions Round 1 year ago. 117 people contributed $148 to the project, and $824 of match funding was provided.

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