Building an affordable network of electric vehicle charging stations, eTukTuk is leveraging the Binance Smart Chain (BSC) to offer staking rewards and create a payment system for TukTuk drivers. This how to buy eTukTuk guide provides a step-by-step breakdown on how to enter the $TUK presale.
We also take a closer look at the tokenomics of this project, the use cases of the $TUK token, and the future project roadmap.
eTukTuk is the world’s first automotive project that leverages blockchain technology to secure payments and settle transactions. One of the main focuses of eTukTuk is to set up electric vehicle supply equipment (EVSE) in multiple urban and suburban regions of developing economies.
The electric vehicle (EV) market has been growing rapidly in some developing nations, such as India, which forecasts a strong compound annual growth rate (CAGR) of 25% between 2023 - 2028. However, the problem lies in the lack of affordable charging stations and EVs.
Therefore, eTukTuk will create proprietary zero-emission vehicles (ZEVs) after setting up EVSEs, in developing nations such as Sri Lanka. The need for EVs rises as internal combustion engines become obsolete. With the overuse of fossil fuels and with energy prices rising over 50%, TukTuk drivers are struggling to make minimum wage.
Built on the BSC, eTukTuk’s $TUK token is highly scalable and will be used to make payments on the charging stations. TukTuk drivers can complete these payments through an upcoming drivers app. eTukTuk makes the transaction affordable by utilizing territory partners, who are locally sourced and help operate and install the supplied equipment in these areas.
For each transaction completed on these charging stations, the territory partners get
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