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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

eTukTuk is Leading The Crypto Industry’s Effort to Fight Climate Change – Learn How Here

Bitcoinist
by Bitcoinist
Last Updated: October 24, 2023 4:12 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The problem of climate change demands harnessing every viable solution available. eTukTuk (TUK), powered by crypto and blockchain technology, is actively contributing to the fight against climate change through an innovative approach aimed at the electric tuk-tuk sector.

Here, we dive into how exactly eTukTuk is helping combat climate, while also offering information on the staking mechanism and the TUK presale, which is growing in popularity.

eTukTuk Provides a Radically Innovative Solution

 

eTukTuk (TUK) harnesses blockchain technology and a cryptocurrency asset to create an ecosystem dedicated to curbing carbon emissions by promoting eco-friendly transportation options, specifically Electric Vehicles (EVs). This plays a pivotal role in driving the essential transition towards widespread EV adoption. Moreover, the system extends substantial benefits to all stakeholders, with drivers anticipating a significant boost in earnings. As an end user, you will also enjoy the advantages of reduced carbon footprint.

At the heart of this initiative lies the eTukTuk EV, offering a more cost-effective and dependable alternative to traditional TukTuks. Its operations rely on an efficient charging infrastructure.

The noteworthy accomplishments and milestones of eTukTuk highlight its considerable potential. The project has been steadily garnering recognition and solidifying its position as a global success story.

In the near future, a new feature set to launch is a Play-to-Earn game reminiscent of Crazy Taxi, enabling 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 has seamlessly integrated Layer 2 opBNB from the BNB Chain into its operations. This strategic move exemplifies eTukTuk’s dedication to advancing efficiency and innovation, providing compelling opportunities for early adopters in the cryptocurrency realm. The decision to implement the Proof of Staked Authority (PoSA) consensus method on the BNB Chain, a network experiencing substantial growth in 2023, served as the driving force behind this transition.

In terms of ecosystem growth, eTukTuk made a significant mark through 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 20% equity stake in eTukTuk’s Sri Lankan operations.

eTukTuk and the Sri Lankan government are also collaborating. With official endorsement, this partnership aims to establish over 200 charging station locations, providing significant benefits for motorists. Drivers are anticipated to experience a remarkable 400% reduction in operating costs compared to using TukTuks powered by fossil fuels.

Check Out eTukTuk

TUK Presale Heating Up as Investors Flock To Staking

 

Wake-up call: Climate scientists have been raising the alarm on climate change.#ClimateAction pic.twitter.com/s6JRiCsoyD

— eTukTuk (@eTukTukio) October 15, 2023


Before delving into the specifics of the presale, it’s noteworthy to highlight that eTukTuk has introduced a buy-and-stake mechanism, currently boasting an impressive APY of 2152%. Naturally, the earlier one participates, the higher the potential APY, emphasizing the significance of early involvement. At present, the reward per block stands at 4.75 BSC.

The TUK token’s presale phase has witnessed outstanding success, and the community is eagerly awaiting news regarding its upcoming exchange listing. The token is currently priced at $0.024 in the presale. So far, it has managed to raise about $120,000. There are only 8 days until the next stage of the presale.

During this presale window, a substantial 40% community discount is available for a limited period, providing a valuable opportunity to acquire more TUK tokens. It’s crucial to remember that both the token and the project are driven by a noble mission: “to permanently eliminate carbon emissions from our planet!” Despite this ambitious goal, the project exemplifies genuine dedication to environmental preservation.

The TUK token plays a pivotal role in conferring benefits to users as the network of efficient charging stations expands. The team emphasizes that this impact extends beyond environmental advantages, also positively impacting underprivileged communities grappling with financial disparities and high living costs.

The development of the TUK token holds paramount importance for the growth 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 facilitates the global expansion of the network and supports a transition away from fossil fuels, both locally and on a broader scale.

The team’s unwavering commitment to making a substantial impact is evident in the significant and successful solution they have devised to combat carbon emissions. This dedication is recognized and esteemed by external parties as well.

Conclusion

Those who want to make an impact on the world and do some good should consider taking a look at eTukTuk, which is doing so much to make our lives better. From the planet itself to drivers, all stakeholders in the ecosystem benefit from the project’s solutions. Take a look at both the TUK presale and the social channels of eTukTuk.

Check Out eTukTuk

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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