Chatafisha Creating a Circular Economy in Africa through Blockchain and DAOs

Chatafisha meets the three principles of the circular economy, which are to eliminate waste and pollution, circulate products and materials at their highest value, and regenerate nature. Here are some examples of how it aligns with these principles:

1. Eliminate waste and pollution: Chatafisha focuses on reducing plastic waste. The Fucha Bins project involves collecting and recycling plastic waste into eco-bricks. Again, the Litter Token pilot incentivizes waste pickers to collect bottles that would otherwise harm the environment.
2. Circulate products and materials at their highest value: Chatafisha has developed a plastic offsetting mechanism that uses blockchain technology to decentralize its Fucha Bins. Thus, bins are tokenized and backed with plastic credits. This information is stored on-chain. The system helps to recycle the collected plastic into regenerative products, like eco-bricks and furniture. Besides, the Rangi Chanya Festival project adds value to plastic waste by converting it into eco-bricks. Then, it rebuilt a school in Ndumbwi using eco-bricks. It also revamped surrounding walls and areas using these value-added bricks. As a result, it circulates eco-bricks at high value to facilitate construction and commercial activities.
3. Regenerate nature: Chatafisha works towards a sustainable, regenerative economy. The Rangi Chanya Festival project adds value to plastic waste for school reconstruction and area improvement.