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New Crypto Project to Involve Charging Vehicles

New Crypto Project to Involve Charging Vehicles

Electrical Charging Is the Future

Electrical cars have been around for a long time now, and with climate change in mind, they are the best solution at the moment for traveling. The years 2010-2020 have been called the decade of electric vehicles since their popularity increased significantly throughout those years. During this time people got more aware of the environmental impact of traditional gasoline-powered vehicles and there was a big advancement in the technological world as well with batteries getting more powerful which meant electric vehicles could be more practical and convenient. Companies like Tesla, Nissan, and General Motors invested heavily in the development of electric vehicles and private companies started to invest in charging stations and networks. The decade did not encourage everybody to get an electrical vehicle since it was mostly a testing period and they were not that affordable. But it laid the grounds for what they are able to advance in nowadays.

A Project to Improve on Improvements

Elon Musk, head of Tesla, is very interested in the evolution of electric vehicles and as a prospect of a carbon-neutral future now represents a significant turning point in society´s approach to carbon emissions. The shift will offer enormous financial gains to the industry. At present, the electric vehicle industry is monopolized by a few companies and its value lies at about $14.5 billion but market projections are indicating that it will expand to $128 billion by 2030 creating a demand for a solution that decentralizes profit. And this is where the new project comes in called C+Charge. By using the power of blockchain and web3, C+Charge is going to disrupt electrical vehicle charging by delivering profits back to the owners to lead into the green evolution. They will be leveraging highly scaleable BNB-blockchain technology to monitor and incentivize electrical charging. This will lead to more transparency and cost efficiency. With this users will also receive a portion of the carbon credits generated during the charging process. The project has gained significant support from environmental technology enthusiasts.

Crypto to Help in the Future

C+Charge will use its own native currency tokens $CCHG to facilitate transactions within the ecosystem. It is one of the first projects that are built on the Binance Smart Chain to tokenize carbon credit assets. The token will be compliable with the OCPP 2.0 universal electric vehicle charging units making it pave the way for over 1.8 million charging stations around the world. After setting up a wallet, users can utilize the $CCHG tokens to pay at a regular charging station. A new feature will include purchasable carbon credits, meaning 1% of the transaction value, and users will be redistributed and airdropped carbon credits to token holders’ wallets. C+Charge is now entering stage 7, so we´ll soon find out how everything will turn out.