C+Charge Raises $1 Million With Only 48 Hours and $600k To Go Until Next Presale Price Increase
Monday, February 13th, 2023 – The blockchain-based electric vehicle charging payment platform, C+Charge, has successfully raised $1,000,000 during its presale fundraising campaign.
The project is currently in Stage 2 of an eight-stage fundraising for its EV charging payments platform.
There is only around $600,000 left to raise before the price of the CCHG token increases from $0.01450 to $0.01600.
Stage 2 is due to end in two days’ time – the price increase at that time will provide those investing at the current price with a 10.3% uplift on 15th February.
The earliest investors in CCHG will make a nominal profit of 80% by the time the presale ends, but all presale buyers are set to benefit from C+Charge’s unique EV payments solution that has no rivals in the marketplace.
The hard cap target of the presale is $6.85 million and there is no vesting period for presale buyers of the CCHG token.
The ideal solution for achieving net zero
With C+Charge, drivers will not only be able to pay at a variety of stations using crypto, they will also be rewarded with carbon credits.
Users who make purchases through the C+Charge app will also receive rewards even if they haven’t used an EV charging station.
C+Charge is the perfect solution for a world with a pressing imperative to achieve carbon neutrality to prevent, or at least mitigate, catastrophic climate change.
Prospective buyers of the CCHG token will need to move fast to beat the first of the seven price rises that will accompany the completion of each stage of the presale (see the full details in the table below).
The total supply of CCHG tokens is 1 billion (1,000,000,000), which means 40% are on sale to the public in the presale.
Simplifying EV charging station payment systems
In addition to there being competing fleets of stations, there are also competing methods of measuring payments.
C+Charge does away with this inconvenient patchwork of offerings with one easy-to-access universal payments system.
And because everything is powered by blockchain, all the EV driver needs is an internet connection and the C+Charge app to interface seamlessly with the platform.
So part of the beauty of C+Charge is that it doesn’t require the installation of expensive Point of Sale (PoS) equipment – instead, drivers use the CCHG token to pay.
Plus, through C+Charge’s partnership with Flowcarbon, EV owners will be able to earn carbon credits in the form of the Goodness Native Token (GNT) every time they charge, alongside CCHG.
The GNT token is a verified voluntary carbon credit backed by venture capital firms a16z Crypto and Samsung Next, as well as fund manager Invesco.
One carbon credit allows for the emission of 1 ton of greenhouse gasses.
Blockchain technology reduces the cost of managing the stations by dispensing with expensive PoS as mentioned earlier, but it can also transmit reliable real-time information about the status of each station and perform diagnostic tasks.
The blockchain network also provides a trusted way for drivers to ascertain the availability and status of charging stations.
Enabling green consumers to benefit from carbon credits, not just big business
Holding back the rollout of EV charging infrastructure is the way that carbon credits are skewed towards big business, to the detriment of others, including EV drivers.
The winners in the current carbon credit system are those that produce or use goods that allow less carbon to be used – but EV drivers are unfairly excluded.
Manufacturers of EVs, such as Tesla, can earn millions of dollars by selling carbon credits to polluters.
C+Charge wants to democratize carbon credits so that an increasing share of carbon credit revenue.
It is estimated that the carbon credits industry will be worth $2.4 trillion by 2027, so opening up access to EV drivers will be a huge business.
C+Charge adoption has already started
The blockchain-powered EV charging project has already secured its first international partner, Perfect Solutions Turkey, adding 20% of the EV chargers in the country to the C+Charge network.
C+Charge is co-founded by Ryan Fishoff. Ryan is the CEO of the publicly traded company American Wealth Mining Corporation, a business focused on crypto, environmentally sustainable investments, fintech, retail, wellness, nutrition, and financial education.
Fishoff is C+Charge’s lead strategic advisor. C+Charge has received venture capital funding from 360° Crypto Economy of $250,000.
The VC investors are clearly looking to the future and see C+Charge as being a big part of that greener future.
Luckily, presale investors can buy into this sustainable project today and be at the start of a blockchain-fuelled revolution in EV charging.