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recyq's Introduction

RecyQ - E-Waste Locator

RecyQ is an innovative online platform designed to revolutionize e-waste management. By connecting e-waste producers with potential recyclers, RecyQ facilitates the buying and selling of reusable e-waste components, ensuring proper utilization and promoting environmental sustainability.

Key Features

  • User-Friendly Platform: Simplifies e-waste management for users.
  • Marketplace for E-Waste: Allows users to list available e-waste items and enables others to purchase them for reuse.
  • Environmental Focus: Emphasizes sustainable practices and fosters a circular economy by bridging the gap between e-waste producers and recyclers.

Market Potential

RecyQ targets the significant e-waste market in India, which amounts to nearly 2 million tonnes annually, with only 12% currently being formally recycled. As the third-largest producer of e-waste globally, India presents a substantial opportunity for RecyQ to address recycling gaps and promote environmental awareness.

Business Model

RecyQ operates on a commission-based model, earning revenue through transaction fees, premium subscriptions, strategic partnerships with recycling facilities and logistics providers, targeted advertising, and diversification into related verticals like refurbished electronics.

Hackathon Participation

This project was developed as part of a hackathon by the following team members:

Installation

To run RecyQ locally, follow these steps:

  1. Clone the repository:

    git clone https://github.com/yourusername/RecyQ.git
  2. Navigate to the project directory

    cd RecyQ
  3. Install dependencies:

    npm install
  4. Start the application:

    npm start
  5. Open your browser and go to http://localhost:3000 to use the platform.

recyq's People

Contributors

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Watchers

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Forkers

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