EXCESS MATERIALS EXCHANGE

[raympie1977]

Waste is just a resource in the wrong hands.

The aim of the Excess Materials Exchange (EME) is to be a digital, secured multi-sided platform functioning as a marketplace where companies can exchange excess materials and products. This should create a transparent and reliable source of non-virgin materials or Excess Materials. EME is already connected to a global network. It will actively facilitate the exchange of excess materials with knowledge and experiences on the circular economy from users from around the world. The type of paradigm shift we envision requires a strong public-private coalition. This gives early adopters the opportunity to blaze a trail for the transition towards a circular economy.

THE NEED FOR AN EXCESS MATERIALS EXCHANGE The increasing world population and welfare standards are putting a strain on our planetary resources. Physical scarcity combined with political and economic scarcity due to dependency on volatile regions and countries threatens the supply security of complex and worldwide supply chains. These trends have led the EU to put the transition to a circular economy high on the agenda, also in the form of legally binding agreements like the EU Circular Economy Package.

The Netherlands, for example, created a “Resources Agreement” which states that in 2030, 50% of all materials should be nonvirgin. In 2050 this number should be 100%. The Netherlands currently imports approximately €540 billion (excluding fossil fuels) of materials every year. If we want to achieve this and assume an exponential growth pattern, the Netherlands should have a €60 million non-virgin material market in 2018.

Factors that currently obstruct this transition to a circular economy are a lack of transparency (within and across sectors, value chains, nations) in information on resource flows, a lack of reliability of information and resource flows, a lack of technology that could enable this. This results in long lead-times and high costs of transactions for companies, especially for Small and Medium Enterprises. Also, to achieve a circular economy adjustments in our legal system, accountancy practices and financial models are required. That creates a massive challenge and opportunity(!) seeing where we are today.

EME will offer a facilitated and secure multi-sided platform where companies can exchange their excess materials business-to-business without friction. The EME provides: • Transparency and reliability in resource information. This is currently unavailable and necessary to source non-virgin materials or for making strategic decisions/ investments. • Cross value chain/ sector/ border value creation. The majority of the high quality value creation options is outside of the scope of the direct supply chain. • Knowledge about the circular economy and innovative business models from around the world. We are connected to partners with years of experience. • Access to partnering knowledge institutes (AMS, CBS, Yale University, and growing) • Support for participants in facilitating new companies/coalitions/deals around specific excess materials streams and promising business models • The opportunity for participants to turn a cost in a revenue stream and enable a worldwide circular economy.

Token address: 0x696afc8b3d8ac194fcaeff3f30f1ea76e46e38f2

[raympie1977]

Would love to hear your comments

[abonn]

Relates with circular economy and industrial symbiosis concepts. We, as a society, are headed in this direction as it is necessary the longer we deplete resources down a 1-way street. There are a few other proposals with similar aims to this, including mine here: https://github.com/district0x/district-proposals/issues/44

I also encourage you to check out http://materialsmarketplace.org/ The concept is in the works with big name companies but of course there is room for more localized implementation. It's an exciting area that is sure to grow in importance!

[Bradymck]

Hey @raympie1977

I'm not sure if you're aware but we recently launched a new bounty to migrate your proposals to the actual District Registry: https://registry.district0x.io/

We're replacing the old voting app with the registry. Let me know if you need help but I would love to see you migrate this over so you can claim your DNT.

It does take a 10,000 DNT submit to submit your proposal but this gives you an extra 2000 you can stake in the registry beyond the deposit amount.

Hit me up on Telegram or Discord if you need help or have questions.

Telegram: https://t.me/district0x/75217 Discord: https://discord.gg/P9RQejv

PS, please excuse the canned response. I am encouraging everyone here to start migrating so they can claim their 12000 DNT.