Here’s how you can invest in the future of electric vehicles and earn passive income in cryptocurrency.
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If we don’t take action to limit carbon emissions from our roads, we face a bleak tomorrow.
Electric vehicles (EVs) that run on electricity are environmentally friendly and sustainable. This could have significant implications for climate action.
But they have yet to break into the mainstream. Large initial investment costs prevent EVs from becoming popular. This is especially true for developing countries.
eTukTuk has the answer
Web3 is known to be inherently decentralized and democratic. P2P blockchain technology has the potential to revolutionize every industry. It is an excellent tool for global coordination and is being increasingly adopted by a variety of sectors.
Therefore, it is no surprise that eTukTuk chose blockchain to strengthen its sustainability goals. In addition, AI solutions will be used to build an electric vehicle ecosystem for public transportation.
In addition to three-wheeler taxis, the ecosystem features a network of charging stations and a peer-to-peer payment system. Combining the potential of blockchain technology and AI to bring more innovation and efficiency to the electric vehicle (EV) sector.
After five years of dedicated research and development, eTukTuk is ready to go. Before that, the project launched a token pre-sale to encourage early investors to join the journey.
📢📢 Notice 📢📢
From being unveiled at the World Economic Forum in Davos to growing a community of over 40,000 people, we’ve certainly come a long way.
Take a look back at what we have accomplished this year and the path ahead.
We present a roadmap for 2023.#Roadmap #eTukTuk pic.twitter.com/GK09RvOLYb
— eTukTuk (@eTukTukio) June 19, 2023
$TUK is highly market-relevant
Understanding a project’s growth potential is important to predict how well its native token will perform. FOMO and speculation can help a token climb the charts, but sustainable growth depends on utility and organic demand.
A key feature that substantiates these predictions is eTukTuk’s focus on emerging markets. Currently, the wider EV market is primarily focused on developed countries.
Both developing and developed countries need sustainable transport to reduce carbon emissions, but a broad approach will not achieve the goal. There is currently a significant lack of EV brands targeting developing countries.
Electric vehicles have higher investment costs compared to conventional fossil fuel vehicles, making them unsuitable for the middle class.
For those who consider personal vehicle ownership a luxury, EVs are more than a dream. As a result, the low operating and maintenance costs of EVs have been overlooked.
eTukTuk has turned its attention to the Tuk-Tuk sector in developing countries for the same reason. Tuk-tuk, a common means of public transportation in developing countries, combines convenience and economy.
Despite their popularity, tuk-tuks are notorious for their high carbon footprint. They emit more carbon than conventional cars, making them an immediate threat that needs to be addressed. This poses a serious challenge to developing countries from an environmental perspective.
To solve this problem, developing countries must limit the proliferation of tuk-tuks or switch to more environmentally friendly systems.
This is where eTukTuk comes into play. By introducing an entire ecosystem, it goes beyond the image of existing electric vehicles. Along with electric vehicles, a blockchain-based payment system and charging station network will be introduced.
Elastic Web3 Project
Having completed an extensive five-year research and development phase prior to token launch, the project is highly resilient in all aspects of its design.
A strong ecosystem sets it apart from hasty cryptocurrency ventures that dominate the market. Increasing investor confidence in a project reflects its capabilities.
The three-wheeled taxi is equipped with an AI guideline system, sturdy roll cage design, and LFP battery to increase efficiency and security. It can be manufactured locally using approximately 200 components, resulting in low operating and maintenance costs.
- Drivers will use $TUK tokens to charge their electric vehicles at eTukTuk charging stations managed by Territory Partners.
- These partners earn $TUK tokens as compensation for their services.
- Power Stakers play an important role in network security and in return receive staking rewards in $TUK tokens.
- The eTukTuk Play-to-Earn game will expand the source of organic demand for the token.
EVs have the potential to increase an eTukTuk taxi driver’s income by a whopping 400%. It is no exaggeration to say that peer-to-peer EV systems backed by blockchain platforms have the potential to spark a transportation revolution in developing countries.
Introducing the Buy and Stake mechanism. $TUK Start earning dynamic APY by staking your tokens immediately.
Early stakers will enjoy higher returns with APY scaled based on their participation, encouraging early adoption and a fair and attractive incentive structure for all. 🌟 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
Next generation cryptocurrency?
As the primary payment and rewards token in the eTukTuk EV ecosystem, $TUK has great growth potential. It is one of the few cryptocurrencies that can claim real relevance and scope for mainstream adoption.
According to analysts, the token is set for a 10x to 50x price surge in the next year.
These low-value gems are currently being sold at a discount in the much-awaited token pre-sale. To encourage long-term token holding and prevent premature token selling, eTukTuk has also launched a stake-to-earnings module with an attractive APY.
Visit TUK Token Presale
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