The company's platform allows users to sell, trade-in, or donate their old smartphones, with the aim of reducing the number of phones being produced and properly recycling those that are no longer functional. Lokalist automates price negotiation for buyers and sellers of used electronics, using real-world data and machine learning to make the price of used smartphones transparent. The platform provides sellers with a personalized price based on information from various sites, and connects them with the company willing to pay the most. By using design thinking and in-depth data analysis, Lokalist ensures a convenient and seamless transaction for users, while also contributing to a more sustainable future for our planet.