A method to facilitate processing of recyclable items. Accordingly, the method may include capturing, using at least one sensory device, sensory data associated with at least one recyclable item. Further, the method may include receiving, from the at least one sensory device, event data associated with a recycling process. Further, the at least one sensory device may include at least one of a hyperspectral camera, a spectroscopic scanner and a colored filter scanner configured for capturing at least one image of at least one recyclable item undergoing the recycling process. Further, the method may include analyzing, using a processing device, the event data using at least one image processing model. Further, the method may include issuing, using the processing device, the predetermined amount of crypto tokens to a second crypto account associated with a second user device based on the generating and the sensory data.