CSR Price

CSR (Plastic Credit) is a cryptocurrency launched in 2021. It operates as an ERC-20 token on the Ethereum network, blurring the line between environmental remediation and on-chain asset issuance.

The project’s core utility revolves around tokenizing the physical removal of plastic waste. Corsair, the industrial operator behind CSR, deploys facilities—initially in Thailand—to extract plastic refuse from landfills and marine environments, then thermochemically converts the recovered material into a substance called Advanced Bio-oil. That intermediate can serve as feedstock for recycled polymer production or for lower-carbon liquid fuels such as gasoline, diesel, and jet fuel. The mechanism attempts to create a tradable instrument that directly reflects verified plastic collection, something municipal waste systems have not incentivized.

CSR operates on the Ethereum network. The token inherits the security model of Ethereum’s decentralized node topology without additional consensus modifications.

Technically, the contract adheres to the standard ERC-20 interface, which ensures baseline compatibility with a wide array of wallets, custodians, and decentralized exchanges. Its verified smart contract sits at the Ethereum mainnet address 0x75ecb52e403c617679fbd3e77a50f9d10a842387, while the complete Solidity source code remains public on the project’s GitHub repository, enabling community audits of the minting logic.

The initiative materialized in early 2021, anchored by Corsair’s operational plastic-processing plants in Thailand. A whitepaper released that same year detailed the linkage between token generation events and auditable plastic removal batches. Public trading commenced shortly thereafter, though the circulating supply has remained frozen at zero, indicating that tokens have yet to be distributed or unlocked under the protocol’s issuance schedule.

The broader ambition casts CSR as a plastic-credit analogue to voluntary carbon markets. By attaching a financial instrument to the physical act of environmental cleanup, the scheme aims to redirect capital into a chronically underfunded global externality. Plastic extraction ceases to be a purely philanthropic act and instead becomes an asset class representing measurable ecological remediation.

Inside the protocol, CSR tokens are intended to be minted in lockstep with verified volumes of plastic waste removed and processed. The asset thereby functions as a quantifiable claim on an environmental service, allowing corporate or institutional buyers to offset plastic footprints. Public documentation does not currently outline additional staking, collateral, or governance utilities for the token.

Entities seeking to substantiate plastic-neutral claims can theoretically acquire and retire CSR tokens as proof of offset, mirroring the retirement mechanics common in carbon registries. Speculative liquidity exists on a single active trading pair, where average daily volume has fluctuated around $76 to $83, reflecting extremely thin order books. Project materials suggest that Corsair could eventually offer token holders preferential access to Advanced Bio-oil or recycled polymer outputs.

CSR has a maximum supply of 10,000,000,000 tokens. Currently, 0 tokens are in circulation. The instrument’s last recorded trading price sat at $0.00142701, with approximately $76.74 in 24-hour volume transacted across two active markets. With a market capitalization of $0, CSR ranks #6,309 among all cryptocurrencies.