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One of the most urgent challenges confronting us is climate change, and we require every available solution to address this existential threat. Crypto and blockchain technology-powered eTukTuk (TUK) is contributing to the fight against this problem with its interesting solution targeting the EV tuktuk space.
The project has made a lot of progress in terms of getting the world out and now it has revealed that it has launched a buy and stake mechanism. Users can buy the tokens now and stake for a good APY, as we explain here. We also touch upon the presale details and the successes of the project so far.
What Exactly is eTukTuk?
eTukTuk (TUK) leverages blockchain technology and a cryptocurrency asset to establish an ecosystem focused on reducing carbon emissions by promoting eco-friendly transportation options, particularly Electric Vehicles (EVs). This contributes significantly to the crucial shift towards widespread EV adoption. Furthermore, the system offers substantial benefits to all stakeholders, with drivers anticipating a notable increase in earnings. As an end user, you will also enjoy the advantages of reduced carbon emissions.
Central to this initiative is the eTukTuk EV, providing a more cost-effective and reliable alternative to traditional TukTuks. Its operations rely on an efficient charging infrastructure.
The notable achievements and milestones of eTukTuk underscore its substantial potential. The project has been steadily gaining recognition and establishing itself as a global success story.
Another feature set to release in the near future is a Play 2 Earn game reminiscent of Crazy Taxi, allowing users to efficiently pick up and drop off passengers while navigating traffic and ensuring their batteries remain fully charged. Naturally, participants will have the opportunity to earn TUK tokens through this engaging activity.
eTukTuk Now Has A Buy and Stake Mechanism
Before diving into presale details, it’s worth mentioning right off the bat that eTukTuk has revealed a buy-and-stake mechanism that currently offers a staggering APY of 4872%. Of course, the earlier you get in, the higher the APY, so participating early matters a lot here. The current reward per block is 4.75 BSC.
The TUK token’s presale phase has also achieved remarkable success, and an announcement regarding its upcoming exchange listing is eagerly anticipated. Currently valued at $0.024 in the presale, the TUK token is set to increase to $0.028 in the next phase. It has raised over $80,000 so far.
Throughout this presale period, a substantial 40% community discount is available for a limited time, presenting a valuable opportunity to acquire a greater quantity of TUK tokens. It’s crucial to bear in mind that both the token and the project have a noble mission: “to permanently eliminate carbon emissions from our planet!” Despite this ambitious goal, the project demonstrates genuine dedication to environmental preservation.
The TUK token holds a pivotal role in bestowing benefits to users as the network of efficient charging stations expands. The team emphasizes that this impact extends beyond environmental advantages, also positively affecting underprivileged communities grappling with financial disparities and high living costs.
The development of the TUK token is crucial for the expansion of the eTukTuk network. The ecosystem operates by charging drivers a fee for utilizing their cars, thereby generating network revenue. Furthermore, territorial partners and power stakers receive TUK tokens with each processed transaction. This scalable approach aids in the global expansion of the network and facilitates a transition away from fossil fuels, both locally and on a broader scale.
The team’s unwavering commitment to making a significant impact is evident in the substantial and successful solution they have devised to combat carbon emissions. This dedication is acknowledged and valued by external parties as well.
What Other Successes Has eTukTuk Had?
A pivotal milestone for the project occurred when eTukTuk seamlessly integrated Layer 2 opBNB from BNB Chain into its operations. This strategic maneuver exemplifies eTukTuk’s commitment to advancing efficiency and innovation, offering compelling opportunities for early adopters in the cryptocurrency realm. The decision to adopt the Proof of Staked Authority (PoSA) consensus method on BNB Chain, a network experiencing significant growth in 2023, was the driving force behind this transition.
Earlier this year, eTukTuk made a significant impact with its partnership with The Capital Maharaja Group, a prominent conglomerate in Sri Lanka with a robust presence in various private sector enterprises and over 44 international collaborations. Through this collaboration, The Capital Maharaja Group acquired a noteworthy 20% equity stake in eTukTuk’s Sri Lankan operations.
Another notable collaboration worth emphasizing is the one between eTukTuk and the Sri Lankan government. With official backing, this partnership aims to establish over 200 charging station locations, offering substantial benefits for motorists. Drivers are anticipated to enjoy a remarkable 400% reduction in operating costs compared to using TukTuks powered by fossil fuels.
Conclusion
eTukTuk embodies the core principles of decentralized technology, placing emphasis on the common good.Those interested in both the cryptocurrency market and environmental preservation should take a look at the presale and the different social platforms.
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