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Problems the industry faces

High demand, low supply

As EU renewable fuels for transport incentives surge, demand for used cooking oil (UCO) for biofuels has increased and is set to almost double in the next year. UCO biofuels can deliver a substantial reduction in greenhouse gas when used in lieu of fossil fuels. Europe has not yet been able to keep up with demand for this waste, so more than half the UCO in the European biofuels market must travel from China, the US, Malaysia and Indonesia, among others.

Fraud in the supply chain

Public concerns and ongoing investigations on the legitimacy of biofuel UCO are rising. The EU sustainability rules that are currently in place can’t guarantee that imported UCO to Europe has been tracked, so rising demand beyond sustainable supply levels could lead to the importation of fake UCO, potentially leading to environmental devastations like deforestation. 

Hard to regulate

The EU has not yet instituted verification and monitoring requirements to stave off the sale of fake UCO along the supply chain. Checks to detect and prevent adulterated UCO from entering the biofuels market should be a top priority— but it isn’t. Detailed assessments of available UCO within EU member states do not, at this stage, exist.

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Your supply chain is sorted, from end to end.

Trust

The UCO Network has aligned itself with partners who are experts in certifying genuine UCO intended for use in biofuels. We use a combination of Blockchain and IoT technologies to mitigate the risk of fraud in used cooking oil supply chain fraud.

Transparency

Transparency is everything, so we make it our business to know where the UCO is coming from and where it's heading. Also providing Proof of ownership of the feedstock used for production of Biofuels, no more can sellers  claim to have UCO when there's no UCO NFT in their wallet.

Traceability

We are joining the fight for a greener planet, so we monitor our supply chain from beginning to end with the utmost attention to sustainable practices. From certification, to production, to transportation, you can count onus. We will provide a solution to assess the origin of the feedstocks, and guarantee its compliance and sustainability.

Token utility

The $UCOIL token is the catalyst of the UCO Network ecosystem.

$UCOIL is the non-native token of UCO Network, powering its self driving circular economy.

It derives its utility from two main purposes: Access and Governance.The maximum supply of $UCOIL is fixed at 100 Million. The Token Distribution has been designed to ensure a gradual increase of the circulating supply of $UCOIL, to align the interests of the community, investors, core contributors and advisors, and to ensure longterm sustainability.

UCO Network has allocated $UCOIL tokens to be distributed as grants to the early builders and adopters of the UCO Network Protocol.It is important to also highlight the staking pool, where stakers can earn direct rewards incoming from UCO Network Protocol transaction fees.

Distribution

Pie Chaty for "Distribution" section
5%
Seed
15%
Private
5%
Public
Sale
5%
Market
Maker
20%
Ecosystem Development — Partners, Grants & Curation
25%
Team & Advisors
25%
Marketing & Rewards
Seed
5%
Lockup:
none
Vesting (delta):
12 months
Ecosystem Development —Partners, Grants & Curation
20%
Lockup:
6 months
Vesting (delta):
24 months
Team & Advisors
25%
Lockup:
9 months
Vesting (delta):
24 months
Marketing & Rewards
25%
Lockup:
none
Vesting (delta):
36 months
Market Maker
5%
Lockup:
yes
Vesting (delta):
non applicable
Public Sale
5%
Lockup:
none
Vesting (delta):
none
Private
15%
Lockup:
none
Vesting (delta):
12 months

Product

1

Protocol built in one of

the fastest, most

environmentally friendly

blockchains.

2

Decentralised EU RED II

compliant protocol and

marketplace.

3

Leverages blockchain

and IoT technologies to

bring Trust, Transparency

and Traceability to the

used cooking oil supply

chain, like never before.

4

Open protocol enabling

integration with any

existing or new third-

party applications.

5

Uses the power of DeFi to

build Futures Market and

distribute incentives to its

participants (up to 50% off all fees).

6

Uses non-native stable

token to facilitate cross-border payments.

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2
3
4
5
6
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6

Our Partners

Bepro logo
Taikai Logo
Cleverweb logo
Untile Logo
Kigreen logo
Onda logo

UCO Network Team is made of UCO Software Development, Waste Management Organisations and Blockchain Industry, with notable contributors and advisors.

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Get early access
Get early access

A world-class team with vast experience in the Used Cooking Oil industry, Software, IoT and Blockchain.

UCO Network Team is made of Waste Management Software Systems and Blockchain expertise. Notable contributors and advisors include Luis Durães – Entrepreneur and UCO Network founder, Jose Faisca – Blockchain Expert and Co-founder of the Portuguese Blockchain Alliance, Shams Hasan – Technologist and International Speaker and Vinesh Sinha – CEO & Founder of FatHopes Energy. Currently the UCO Network Core Team is made of 14 contributors, and we expect to grow a team of 70 people within the next year.

The future of waste is here, join us.

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Roadmap

2023 Q1
2023 Q2
2023 Q3
2023 Q4
Protocol v1 (testnet)
Javascript SDK Documentation + Web Services
WebApp Dashboard (integration with any third party software)
Protocol v2 (Main)
dApp MVP
In-Wallet SDK Integration
Sensors IoT (Beta release)
Ecosystem Grants I
Protocol v3 (Main + Marketplace)
daap Interface V1
Marketplace
Ecosystem Grants II
Futures Market
Smart Contracts UCO
Ecosystem Grants III
Luís Pedro Durães
Luís Pedro Durães
Founder
Linkedin
Miguel Costa
Miguel Costa
Founder
Linkedin
Vinesh Sinha
Vinesh Sinha
Co-Founder
Linkedin
Shams Hasan
Shams Hasan
Co-Founder
Linkedin
José Faísca
José Faísca
Chief Technology Officer
Linkedin
Rui Gaspar
Rui Gaspar
Chief Product Officer
Linkedin
Vitor Saavedra
Vitor Saavedra
Chief Legal Officer
Linkedin
António Chagas
António Chagas
Head of Finance Research
Linkedin
José Roberto
José Roberto
Head of Customer Experience
Linkedin
Daniel Fangueiro
Daniel Fangueiro
Managing Director Europe
Linkedin
Marcus Souza
Marcus Souza
Managing Director South America
Linkedin
Jose Frances
Jose Frances
Managing Director Africa
Linkedin
Pedro Sousa
Pedro Sousa
Director HW & IoT
Linkedin
Parfait Kingwaya
Parfait Kingwaya
Community Management Director
Linkedin
Giuseppe Mascolo
Giuseppe Mascolo
Community Management Director
Linkedin
Luís Pedro Durães
Founder
Linkedin
Miguel Costa
Founder
Vinesh Sinha
Co-Funder
Linkedin
José Faísca
Chief Technology Officer
Linkedin
Rui Gaspar
Chief Product Officer
Linkedin
Vitor Saavedra
Chief Legal Officer
Shams Hasan
Chief Strategy Officer
Linkedin
José Roberto
Head of Customer Experience
Linkedin
Daniel Fangueiro
Managing Director Europe
Linkedin
Marcus Souza
Managing Director South America
Linkedin
Jose Frances
Managing Director Africa
Linkedin
Pedro Sousa
Director HW & IoT
Linkedin
Giuseppe Mascolo
Community Management Director
Parfait Kingwaya
Community Management Director
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