Join the C+Charge Presale and help democratize the carbon credit industry through blockchain technology
Disclaimer: The Industry Talk section contains insights from crypto industry players and is not 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 stimulate ownership of electronic vehicles through its new app.
The project, which has just launched the first phase of its CCHG token presale, will use blockchain technology to reward EV drivers while they charge.
It will also provide important diagnostic information about charging stations and contribute to more uniform prices at charging stations.
Visit the C+Charge Presale now
What are Carbon Credits?
Carbon credits are permits that allow the holder to release greenhouse gases into the atmosphere.
A carbon credit corresponds to one tonne of CO2, as the credits are produced by companies and projects that are good for the environment.
For example, EV manufacturer Tesla can collect billions annually by selling carbon credits to less carbon efficient manufacturers and businesses.
These companies then use the credits to offset the carbon footprint, which is built up during the production process or by logistics.
But 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 ownership of carbon credits by allowing EV drivers to earn them just for charging their vehicles.
This will allow EV drivers to further offset their own carbon footprints and also mitigate complaints about charging stations that rely on national grids.
Buy CCHG now
C+Charge to stimulate EV ownership
Although ownership and sales of electric cars have boomed in recent years, the vast majority of vehicles on the road rely on fossil fuels.
Many drivers who might have considered an electric car have been put off by prohibitive costs and the inefficiency and inconvenience of having to charge.
With C+Charge, drivers who earn carbon credits will be a big incentive to switch.
The C+Charge app will also have other functions to make life easier for electric car drivers – it will contain information about the nearest charging station, waiting times and diagnostic information about whether the charging point is operational.
Drivers will pay with CCHG tokens – which are burned upon use, making supply deflationary – and C+Charge will make pricing uniform across their stations, which currently varies wildly by provider.
C+Charge has partnered with Flowcarbon to offer drivers the Goodness Native Token (GNT) which is 1:1 backed with a carbon credit from verified carbon removal and renovation projects.
Flowcarbon completed a $70 million investment round earlier this year with major VC firms such as a16z, Invesco and Samsung Next all funding the project.
Buy CCHG now
How does C+Charge work?
C+Charge has a mobile app that acts as a hub for both drivers and charging station managers:
- Drivers use the geolocation finder to search for the nearest charging point in the C+Charge network
- Drivers can check waiting time, price information and check whether the charging point is working
- Charging point operators can remotely check diagnostic information to check if there are any problems
- The C+Charge app has a wallet that allows CCHG to be bored and saved
- Drivers use CCHG to charge the electric car
- It also allows users to keep track of expenses and GNT (carbon credits) earned
C+Charge has already partnered with Perfect Solutions Turkey, meaning the project now powers 20% of charging stations in that country.
The project also saw major support in previous angel and private sales, including 360° Crypto Economy who spent $250,000 to help develop the project.
Buy CCHG now
C+Charge Presale Info
C+Charge is selling 40% of its maximum supply of 1 billion of CCHG over four pre-sale phases.
The pre-sale has just started with the first allocation of tokens on sale at $0.013 each – each subsequent round will see an increase in the price of tokens, with early investors guaranteed 80% gains in the final phase.
The presale has a hard cap of $6.6 million, and presale tokens will have no vesting period. The stages are as follows:
| Phase | Price | % of Presale Tokens | Number of tokens | $ Value |
| 1 | $0.0130 | 40 | 160,000,000 | $2,080,000 |
| 2 | $0.0165 | 30 | 120,000,000 | $1,980,000 |
| 3 | $0.0200 | 20 | 80,000,000 | $1,600,000 |
| 4 | $0.0235 | 10 | 40,000,000 | $950,000 |
| TOTAL | 80% increase | 100% | 400,000,000 | 6.6 million dollars |
Together with 40% that was sold in the pre-sale, previous angel and private sales make up 7% of the allocation.
The remaining supply is divided between the development of the ecosystem (15%), the community (10%), the founding team (5%), partners and advisors (10%), environment and charity (5%) and exchange liquidity (8%).
The CEO of C+Charge is Ryan Fishoff – he is also the CEO of American Wealth Mining Corporation, a publicly traded company.
He leads an experienced and doxxed team that has been KYC verified by CoinSniper, while the CCHG token smart contract has been fully audited by SolidProof.
Buy CCHG now
