Electric vehicle charging payments go crypto with this innovative new startup – the next big thing?
Electric vehicles (EVs) play a significant role in the world’s rapid transition to environmentally friendly practices.
The network application and utility token proposed by C+Charge aims to overcome the infrastructure and financial issues that limit the expansion of the electric vehicle sector.
While many crypto projects promise unrealistic standards, C+Charge is looking to deliver practical value with a real use case that will improve the environment by operating a network to reduce carbon emissions and their harmful impact on the ecosystem.
Crypto startup native token, $CCHG, controls the C+Charge economy. At the time of writing, the digital token price is $0.018 and the presale has raised more than $2.2 million.
A green crypto initiative
C+Charge wants to establish itself as a pioneering and environmentally responsible cryptocurrency by rewarding users with carbon credits on and off the chain.
The platform also wants to increase transparency in the electric car sector by standardizing charging payments.
To satisfy the demand that will surely increase as more electric cars start operating on the road, the initiative seeks to build more charging stations and expand the capacity of those that already exist.
Since the unveiling of Elon Musk’s Tesla, the number of electric vehicles has steadily increased, and consumers are more willing to trade their internal combustion engine vehicles for electric ones.
However, the current issues in this ecosystem have kept the adoption rate in doubt.
One of the main problems is carbon credit. A carbon credit is a permit to emit a certain amount of greenhouse gases, for example carbon dioxide.
One tonne of all greenhouse gases emitted corresponds to one carbon credit.
Because environmental altruism will not increase usage rates and lower electricity costs will not persuade most consumers to choose electric vehicles, carbon credits are the most effective form of compensation.
Every day, electric car owners take steps to reduce their carbon emissions. As a result, they deserve a system of carbon credits.
However, the existing approach has excluded ordinary people from the carbon credit system.
Corporate entities currently dominate the carbon credit economy, leaving out the most important contributors to carbon emission reductions, such as regular EV drivers.
Another problem is the lack of transparency in prices. There is no fixed price for EV charging stations and it is difficult to find information about them.
But with an EV charging station, users only learn the price associated with the charging process after they enter the charging station. At worst, they discover the expenses after being charged for their cars.
Therefore, C+Charge intends to create an inclusive and favorable green economy for electric car owners.
The blockchain platform wants to develop a payment system for electric cars to provide carbon credits to app and CCHG users.
$CCHG: The Crypto-Fueled Token
At press time, $CCHG is priced at $0.018, and investors can purchase the virtual currency using the Metamask wallet on computers or the Trust wallet on mobile devices.
The eco-friendly project now accepts ETH as a form of payment. This is in addition to other accepted payment methods such as BNB and USDT.
The project has also started burning all tokens that were not purchased during the pre-sale period.
On February 22, 35,658,291 tokens from stage 2 were burned in the first burn, and 71,474,007 tokens from stage 3 were burned in the second burn.
C+Charge’s popularity has grown among savvy crypto investors, and the startup has so far raised over $2.4 million in pre-sales.
Stage Five ends in two days, after which the price will rise to $0.019.
C+Charge claims to have been fully audited by SolidProof, while the Know-Your-Customer (KYC) team has been verified by Coinsniper. Furthermore, the token smart contract underwent a thorough security audit without any significant flaws being discovered.
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Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.
