Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . If you encounter any issues, kindly report them to [email protected]. Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.
Confronting one of our most urgent challenges, the battle against climate change necessitates leveraging every viable solution at our disposal. eTukTuk (TUK), driven by crypto and blockchain technology, is actively playing a role in this fight by introducing an innovative approach targeted at the electric tuk-tuk sector.
Here, we delve into the precise ways in which eTukTuk is contributing to the fight against climate change. We also tell you about the staking mechanism and the increasingly popular TUK presale.
eTukTuk is Technology At Its Best
eTukTuk (TUK) leverages blockchain technology and a cryptocurrency asset to establish an ecosystem dedicated to mitigating carbon emissions by advocating for eco-friendly transportation options, specifically Electric Vehicles (EVs). This plays a crucial role in driving the essential shift towards widespread EV adoption. Furthermore, the system offers substantial advantages to all stakeholders, with drivers anticipating a notable increase in earnings. As an end user, you will also reap the benefits of a reduced carbon footprint.
At the core of this initiative is the eTukTuk EV, providing a more cost-effective and reliable alternative to traditional TukTuks. Its operations rely on an efficient charging infrastructure.
The commendable achievements and milestones of eTukTuk underscore its significant potential. The project has been steadily gaining recognition and solidifying its position as a global success story.
In the near future, a new feature set to launch is a Play-to-Earn game reminiscent of Crazy Taxi, allowing users to efficiently pick up and drop off passengers while navigating traffic and ensuring their batteries remain fully charged. Naturally, participants will have the opportunity to earn TUK tokens through this engaging activity.
eTukTuk has seamlessly integrated Layer 2 opBNB from the BNB Chain into its operations. This strategic move exemplifies eTukTuk’s dedication to advancing efficiency and innovation, offering compelling opportunities for early adopters in the cryptocurrency realm. The decision to implement the Proof of Staked Authority (PoSA) consensus method on the BNB Chain, a network experiencing substantial growth in 2023, drove this transition.
In terms of ecosystem growth, eTukTuk made a significant impact through its partnership with The Capital Maharaja Group, a prominent conglomerate in Sri Lanka with a robust presence in various private sector enterprises and over 44 international collaborations. Through this collaboration, The Capital Maharaja Group acquired a 20% equity stake in eTukTuk’s Sri Lankan operations.
eTukTuk and the Sri Lankan government are also collaborating. With official endorsement, this partnership aims to establish over 200 charging station locations, providing significant benefits for motorists. Drivers are anticipated to experience a remarkable 400% reduction in operating costs compared to using TukTuks powered by fossil fuels.
Check Out eTukTuk
TUK Presale Not One To Miss Out On
— eTukTuk (@eTukTukio) October 15, 2023
Before delving into the specifics of the presale, it’s important to note that eTukTuk has implemented a buy-and-stake mechanism, currently boasting an impressive Annual Percentage Yield (APY) of 1,356%. Naturally, the earlier one participates, the higher the potential APY, underscoring the importance of early involvement. Currently, the reward per block stands at 4.75 BSC.
The TUK token’s presale phase has witnessed remarkable success, and the community is eagerly anticipating news regarding its upcoming exchange listing. The token is presently priced at $0.0245 during the presale, having raised approximately $161,000 thus far. There are only 8 days remaining until the next stage of the presale.
Throughout this presale period, a substantial 40% community discount is available for a limited time, offering a valuable opportunity to acquire more TUK tokens. It’s crucial to bear in mind that both the token and the project are driven by a noble mission: “to permanently eliminate carbon emissions from our planet!” Despite this ambitious goal, the project demonstrates genuine dedication to environmental preservation.
The TUK token plays a pivotal role in conferring benefits to users as the network of efficient charging stations expands. The team emphasizes that this impact extends beyond environmental benefits, also positively affecting underprivileged communities grappling with financial disparities and high living costs.
The development of the TUK token holds paramount importance for the growth of the eTukTuk network. The ecosystem operates by charging drivers a fee for utilizing their cars, thereby generating network revenue. Furthermore, territorial partners and power stakers receive TUK tokens with each processed transaction. This scalable approach facilitates the global expansion of the network and supports a transition away from fossil fuels, both locally and on a broader scale.
The team’s unwavering commitment to making a substantial impact is evident in the significant and successful solution they have devised to combat carbon emissions. This dedication is recognized and esteemed by external parties as well.
For those aspiring to make a positive difference in the world, exploring eTukTuk is highly recommended. The project is dedicated to enhancing our lives in various ways, benefiting not only the environment but also the drivers and all other stakeholders in the ecosystem. Don’t miss out on checking both the TUK presale and eTukTuk’s social channels for more information.
Check Out eTukTuk