Green Crypto Project eTukTuk Raises More than $500k In Presale – Next Token to Explode in 2024?
In Brief
One of the latest green crypto initiatives, eTukTuk, has made the news again upon raising more than $500k in its current presale stage.
One of the latest green crypto initiatives, eTukTuk, has made the news again upon raising more than $500k in its current presale stage.
While the token’s presale progress is grabbing attention, it is the project’s e-vehicle initiative that’s really turning heads across the crypto ecosystem.
The project aims to normalize electric TukTuks and other electric vehicles on the road by incentivizing participation in its ecosystem and offering long term rewards.
eTukTuk – A Novel Crypto Project With Many Perks
eTukTuk is a green crypto project that leverages its integration with artificial intelligence to create a foundation of an ecosystem to bolster the e-vehicle adoption rate.
According to research, multiple countries are gearing up to phase out ICE (Internal Combustion Engine) vehicles and make electric vehicles a norm. However, an inherent lack of infrastructure and incentive model may stop more people from looking towards e-vehicles.
eTukTuk is leveraging its blockchain technology to address this issue by introducing two key elements.
Electric Vehicle Supply Equipment (EVSE)
EVSEs or eTukTuk charging stations will be instrumental and implemented strategically throughout the urban and suburban regions to make charging more efficient.
According to the official whitepaper, the eTukTuk EVSE will leverage DC GB/T standards to power the eTukTuk zero-emission vehicles. The stations comply with OCPP 2.0, which will help most EVs become more interoperable.
To allow most worldwide to adopt the perks of EVSEs, eTukTuk is engaging with territory partners. Through their help, the project aims to mitigate the cost-related issues of setting up the charging stations.
In the long term, eTukTuk aims to become independent of local power grids by leveraging solar power charging stations.
Zero Emission Vehicles
The second element is the zero-emission vehicles or ZEVs. ZEVs will have multiple features to ensure they are scalable with the technological advancements.
Simple in design, these zero-emission vehicles will be manufactured locally and entail less than 200 components, including a patented roll cage design.
eTukTuk intends to source 85% of these components domestically to reduce costs. There are also plans to make the batteries upgradable.
What Powers the eTukTuk Ecosystem?
The main token powering the eTukTuk ecosystem is the TUK token. TUK is a BEP-20 crypto. The entire project has been created on the BNB chain because of its adaptability with electric vehicles. Furthermore, the BNB chain is considered a green blockchain.
TUK will have multiple utilities. For one, they will be used to pay via the Driver App to charge one’s vehicles at the eTukTuk charging stations. Secondly, they will act as reward tokens to those participating in the eTukTuk ecosystem.
Sharing Economy
eTukTuk has opted for a P2P sharing economy, which involves multiple perks to improve the quality of the transportation system.
One of the key elements of this economy is power staking. Those who hold and stake their TUK tokens on the eTukTuk ecosystem will access power-staking rewards. These will consist of onchain rewards and a portion of the fee collected at the charging stations.
eTukTuk P2E Game is Coming
eTukTuk has recently introduced a P2E game.
Per the etuktuk.io website, the game will be inspired by Crazy Taxi and will have unlockable cards, new locations, and other fun aspects.
A Deeper Look At the eTukTuk Tokenomics
The eTukTuk tokenomics is simple. There are 2 billion TUK tokens, which will always be the case. These tokens are divided as follows:
- 5% of the total supply is for liquidity
- 4% is for staking
- 6% is for presale
- 10% is for community fund
- 10% is for the team
- 10% is for marketing
- 20% is for project operations
- 15% is reserved for the company
- 20% is dedicated to power staking
For those who participate in the private sale, these tokens will be released randomly, and those engaged in a partnership with eTukTuk will be allocated tokens daily.
How To Invest In eTukTuk
eTukTuk presents a unique utility within the world of green cryptocurrencies. While it has an ambitious goal, the milestones that it has set are achievable.
Those who want to participate in the presale and get the token at a discount price of $0.026 can do so by visiting etuktuk.io before the TUK price increases.
Recently featured in Watcher.Guru, Finbold and other publications, the initial $TUK presale round may sell out soon.
Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
