Loop Coin – Revolutionary Digital Currency for the Circular Economy
The Loop Coin is unlike any other digital currency before it. It’s being built to serve the circular economy, which functions on the same principle as the real-world economy one person’s waste is another person’s treasure. The Loop Coin’s token LEN works within the circular economy by being a digital currency that can be used to purchase goods and services from sustainable businesses that are part of the LEN network.
How does Loop coin work?
Loop coin is a digital currency that can be used to purchase goods and services from sustainable businesses that are part of the LEN network. The businesses in the network have been carefully vetted to make sure they meet sustainability criteria, so you can be sure your money is going towards supporting sustainable practices.
What is the circular economy?
The circular economy is an alternative to the traditional linear economy, in which we take resources, use them, and then dispose of them. In a circular economy, resources are kept in use for as long as possible, and then recycled or reused instead of being thrown away. This approach can help us close the loop on resource use, and make our economy more sustainable.
Why was Loop Coin created?
Loop Coin was created to work within the circular economy by being a digital currency that can be used to purchase goods and services from sustainable businesses that are part of the LEN network. In a traditional linear economy, businesses take resources from the earth, make products, and then those products are either used or end up in landfill. This system is not sustainable long-term. A circular economy keeps resources in use for as long as possible, and when they reach the end of their life, they are recycled or reused.
How does it make our lives better?
The Loop Coin’s token LEN works within the circular economy by being a digital currency that can be used to purchase goods and services from sustainable businesses that are part of the LEN network. In this way, it encourages people to buy from sustainable businesses, which in turn supports a more sustainable economy. Plus, since the LEN network is global, it makes it easy for people to find and support sustainable businesses no matter where they are.
