This New Crypto Makes EV Charging Simpler And Rewards Users With Carbon Credits – Nearly $300k Raised, Buy Today
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Electric vehicle (EV) charging is notoriously complicated in comparison to getting fuel for a traditional fossil-fuel vehicle. There are no unified rules on the type of hardware or payment solutions that charging stations need to offer. This makes it more difficult than necessary for EV drivers to recharge.
For example, while Tesla’s supercharger network is opening up to non-Tesla EVs, it is still very difficult for non-Tesla EV drivers to charge using this network due to continued hardware and payment solution barriers.
Meanwhile, there doesn’t currently exist a framework where EV drivers can pay a charging station directly for its services without needing to go through a third-party intermediary. And there doesn’t currently exist a universal third-party subscription solution for EV charging station access.
But a new crypto start-up called C+Charge is looking to remedy these problems. C+Charge is building an EV charging payments platform that will not require any subscriptions to use, can be used by all charging stations, and will allow EV drivers to pay EV charging station providers directly in a peer-to-peer manner via the blockchain. Essentially, EV drivers will pay charging stations directly using C+Charge’s native crypto token CCHG.
C+Charge, which is currently building its platform and setting up partnerships with EV charging station providers across the world, hopes to become the dominant EV charging payment solution. One of the platform’s key aims is to make EV charging a much smoother process, which is why it will also offer users a host of other useful features, such as real-time information on charger operational status and waiting times.
C+Charge Offers Users Another Big Benefit
C+Charge can turn EV charging into a much smoother process. But the platform will also offer its users another massive benefit. When they pay to charge their vehicles using C+Charge, EV drivers will, for the first time, be able to earn carbon credits.
More specifically, C+Charge users will earn Goodness Native Tokens (GNT), which will be stored in their account on the C+Charge app. GNT token represents a verified voluntary carbon credit and is backed by venture capital firms a16z Crypto and Samsung Next as well as fund manager Invesco. The more EV owners charge and drive and the more CCHG they spend, the more GNT they will earn.
CCHG owners also have an opportunity to earn carbon credits passively. There is a 1% tax on all transactions that C+Charge uses to purchase GNT carbon credits and then distribute them proportionately amongst CCHG token holders.
As well as acting as a payments platform for EV charging and a carbon credit tracker, C+Charge’s application will also help users easily geolocate nearby charging stations and will offer useful information such as real-time charger wait times and charging station technical diagnosis.
How Investors Can Get Involved Now
C+Charge recently opened up a presale of its CCHG token in order to fund its development and investors have been rushing to secure their bag. Indeed, a crypto whale recently banked a massive $99,000 worth of CCHG tokens in one whack, as can be verified here on per BscScan.
In just a few weeks since the project launched its presale funding round, it has already raised close to $300,000. C+Charge is currently selling its CCHG token, which will power its EV charging application, for 0.013 USDT, a highly discounted price according to some analysts. Some have gone as far as claiming the cryptocurrency could 10x when it launches on exchanges in just over two months.
Investors should also be aware that C+Charge is conducting a $50,000 giveaway. Investors must hold at least $100 of CCHG on the day of the draw to be eligible to win the prize.
