Join the C+Charge Presale and Help Democratize the Carbon Credit Industry Through Blockchain Technology
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
New eco-friendly crypto project C+Charge will help democratize the carbon credit industry as well as incentivize Electronic Vehicle ownership through its new app.
The project, which has only just launched the first stage of its CCHG token presale, will utilize blockchain technology to reward EV drivers while they recharge.
It will also provide vital diagnostic information on charging stations and help pricing become more uniform at charging stations.
Visit C+Charge Presale Now
Carbon credits are permits that allow the holder to emit greenhouse gas into the atmosphere.
One carbon credit equals one ton of CO2, as the credits are produced by companies and projects that are good for the environment.
For example, EV manufacturer Tesla can raise billions annually by selling carbon credits to less carbon-efficient manufacturers and businesses.
Those companies then use the credits to offset their carbon footprint, which is built up during the manufacturing process or by logistics.
However, while the carbon credit industry is expected to be worth trillions by the end of the decade, individuals have not really been able to invest in them and they are largely used by big business.
C+Charge wants to democratize carbon credit ownership by allowing EV drivers to earn them simply for recharging their vehicles.
That will allow EV drivers to further offset their own carbon footprints and also allay complaints of charging stations that rely on national grids.
Buy CCHG Now
Although EV ownership and sales have boomed in recent years, the vast majority of vehicles on the road rely on fossil fuels.
Many drivers
Read more on cryptonews.com
