$OLIFE: Saving Our Oceans the Decentralized Way

Ocean Life
3 min readJun 10, 2021

Our seas are declining in health from pollution, overfishing, warming, and the destruction of habitats. We are losing over 100 million marine animals each year from plastic wastes alone.

But all is not lost. We can still save our waters, sea animals, and planet in general.

$OLIFE is a deflationary, ARF-enabled, charity BEP20 token issued on Binance Smart Chain. Our main goal is to help ocean cleanup, stop illegal fishing practices, save the marine ecosystem by donating to multiple charities around the globe. The deflationary token has been designed to ease donations to multiple charities around the world.

The threat to marine life, the ocean, and humanity is a reality that we can’t wish away. We all know that ocean is the Earth’s life support, with 97% of the world’s water held by the ocean. Ocean waters regulate the climate that we depend on, absorbs carbon dioxide (CO2), and are the number one source of protein for over a billion people globally.

However, we are losing ocean life through pollution, warming, and overfishing at an alarming rate. The latest statistics show that approximately 12.7 million tons of plastics enter our ocean waters annually, and the damage we are subjecting to our marine ecosystem is turning out to be irreparable. Pollution is impacting our marine ecosystems and wildlife habitats in a big way. If the trend continues in the next 10 years we may have no marine life and the general ecosystem destroyed.

Although we have had a lot of awareness creation, the challenge with lack of funding to organizations working to save our planet is well documented. The old centralized methods of raising funds are unreliable, slow, expensive, and are lacking in transparency.

$OLIFE Token

The mission is to feed charities working to save our oceans from overfishing and the destruction of marine life. These charities have faced massive challenges getting financial resources to facilitate and support their ocean cleanup, stop illegal fishing practices, save marine life.

$OLIFE is a deflationary cryptocurrency designed to help fund organizations working to save our marine lives. 3% of the token will be distributed to holders, 4% to be sent to a charity, 2% burned automatically to increase the remaining token value, 2% set aside for marketing activities.

Our smart contract is already deployed on BSC Mainnet and includes ARF (Automated Reward Farming). Holders will be rewarded with $OLIFE based on the number of tokens one holds. That is, the more you hold, the higher the reward.

As we are working to accelerate the global shift to open doors for change through tokenization, $OLIFE token is a project on a mission. We calling on those who want to make a difference in our environment, because the project is good for our oceans, marine life, and the planet in general. Additionally, the token is good for your wallet, and you can get involved at any capacity to be part of this amazing journey.

Our partners include Dolphin Project, the Ocean Cleanup, and Sea Shepherd. You can read about these amazing charities and see the incredible work they are doing. We are aiming to include more partners working to save our ocean waters and general marine life.

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