CleanOcean is a blockchain-based project that focuses on fighting ocean plastic. A massive number of seabirds and marine animals die because of plastic pollution every year. Man-made plastic is a huge problem that poisons and kills many life forms. The CleanOcean’s plan is to bring new technology and crowdsourcing to clean up oceans with the help of proven methods.

CleanOcean aims to reduce ocean plastic by 90 percent. However, the platform has planned to collect $1,000,000 for charity and NPO (Non-Profit Organization) every year. CleanOcean aims to solve the issue at its root by educating people to keep the oceans clean.

Its whitepaper states that CleanOcean is a deflationary token which means that after every buyback, token is burned. Burning is when a fraction of tokens are sent to a wallet with no private key. Tokens are usually burnt to reduce availability and increase market value. CleanOcean uses transaction fees to obtain funds for ocean-cleaning-related causes. The platform can generate liquidity from the transaction fees and fuel the operations. The CleanOcean token can support its liquidity pool, collect funds for the cause, and reward token holders with more tokens with these marginal fees. Liquidity pools help users trade cryptocurrencies on decentralized exchanges (DEX). The smart contract was set in motion with the help of Binance Smart Chain. Binance Smart Chain signifies a blockchain network developed for running smart contract-based applications.

A wide variety of products and services are provided by the CleanOcean project to give multiple solutions to anyone who wants to engage in preserving the oceans and help with the cause. Users can trade tokens directly through PancakeSwap (CleanSwap), purchase the right gear for their personal clean-up projects, and spread the importance of the CleanOcean cause by wearing their branded merchandise. PancakeSwap lets one trade cryptocurrencies without a centralized intermediary and runs on Binance Smart Chain.

The CleanOcean was founded by Jan Hornig (CEO) and Daniel Fecht (CTO) on April 29, 2021. The total supply of the CleanOcean token was 1,000,000,000,000,000 CLEANOCEANs.

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