Ogyre employs blockchain technology to track and manage marine debris collected by fishermen through its Fishing for Litter initiative, addressing the critical issue of ocean pollution. By mobilizing financial resources and partnerships, Ogyre has successfully removed over 622,000 kg of marine litter, while supporting local fishing communities and promoting sustainable practices.
Funding
$590K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Ocean pollution from marine debris poses a significant threat to marine ecosystems and coastal communities. Traditional methods of addressing this issue are often fragmented and lack comprehensive tracking and accountability.
Solution
Ogyre leverages blockchain technology to provide a transparent and verifiable system for tracking marine debris collected through its Fishing for Litter initiative. By partnering with fishermen in Italy, Brazil, and Indonesia, Ogyre incentivizes the collection of ocean waste, ensuring proper disposal and repurposing. The platform mobilizes financial resources and partnerships with brands, enabling companies to pursue their ESG goals while supporting local fishing communities. Ogyre's approach allows for the quantification of environmental impact, offering brands a tangible way to demonstrate their commitment to sustainability. The collected data is used to track progress towards Sustainable Development Goals and prevent microplastic leakage.
Target Audience
Ogyre's primary customers are corporations seeking to improve their environmental, social, and governance (ESG) performance, enhance brand positioning, and engage employees in sustainability initiatives.
Features
- Blockchain-based tracking of marine litter from collection to disposal or repurposing
- Partnerships with fishing communities in multiple countries to collect marine debris
- Platform for brands to sponsor marine litter collection and achieve ESG goals
- Quantification of environmental impact, including kilograms of waste collected and microplastics prevented
- Reporting tools for brands to track their contributions and demonstrate sustainability efforts
- Marketing opportunities for brands to link their products or services to marine litter collection