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This New Project Makes Carbon Credits More Accessible to EV Drivers and Charging Stations – How to Buy Early?

Simon Chandler
Last updated: | 3 min read
Source: Twitter/C+Charge

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

C+Charge has launched the presale for its CCHG token, giving participants the opportunity to invest early in its peer-to-peer payments system for electric vehicle (EV) charging. Its platform aims to widen and democratize access to carbon credits, which it will distribute to users who charge their EVs once it launches next year.

Offering CCHG at a price of $0.013, the presale has a hard cap of $6.6 million, while CCHG tokens has a limited supply of only one billion. Combined with a platform that promises to incentivize greater use of electric vehicles, these tokenomics should help to make CCHG a success once it lists on exchanges.

This New Project Makes Carbon Credits More Accessible to EV Drivers and Charging Stations – How to Buy Early?

Within the C+Charge network, the CCHG token will be used by EV owners to pay to charge their vehicles. They will then be rewarded with carbon credits, which come in the form of C+Charge’s Goodness Native Token (GNT), which represents a verified voluntary carbon credit, backed by a16z Crypto, Samsung Next, and Invesco.

By providing tokenized carbon credits to electric vehicles owners, C+Charge will offer greater incentive to own and use such vehicles. GNT will be tradable like CCHG, meaning that users could potentially earn a supplementary income, just for driving as normal and helping the environment.

This CCHG presale will come in four stages, with the first stage currently offering CCHG at a price of $0.01300. This will then rise to $0.01650, $0.02000 and (finally) $0.02350, the latter of which already represents an 80% increase over the current sale price.

40% of CCHG’s total maximum supply (of one billion) has been allocated to the sale. Importantly, there will be no vesting period for investors, so they’ll be able to sell their CCHG as soon as the altcoin receives its first listing.

As for buying CCHG, early investors can do this by heading over to c-charge.io and connecting their Connect Wallet or MetaMask wallets. It’s then simply a matter of buying with either BNB or USDT (the Binance Chain version). 

As a sign that C+Charge is well on its way towards growth, it has already signed a partnership with Perfect Solutions Turkey, through which its network will be able to use 20% of the EV chargers in Turkey. It will add more partners and EV chargers to its network en route to launching next year.

https://www.twitter.com/HarunHariss/status/1605115403268542464

In terms of how C+Charge will work, its app will have a GPS-based map that will lead users to its nearest EV charging station. Once at the station, drivers can use the in-app wallet to pay for charging using CCHG, with this wallet then using GNT-based carbon credits.

One other feature is that these credits can later be minted as non-fungible tokens, something which potentially increases their value on the secondary market. Taken together, such features should motivate greater uptake of electric vehicles, which can only be a positive for the environment.

Token Sale Profits

Given the focus of C+Charge’s platform and its early progress in signing up partners, there’s every chance it could grow substantially once it launches next year. There’s also every chance that CCHG could witness a sizeable rally once it lists on exchanges.

As an example of how well presale tokens can perform once they list, Tamadoge (TAMA) rose by as much as 1,800% compared to its sale price when it listed on OKX in October. Even better, Lucky Block (LBLOCK) and Battle Infinity (IBAT) witnessed returns as high as 6,000% and 3000% compared to initial presale prices of $0.00015.

This isn’t to say that CCHG will replicate such eye-watering gains, but it nonetheless highlights how presale can do well even in a bear market. And with very solid fundamentals and a clear roadmap, it could end up earning its early investors a nice profit in a few months.

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