C+Charge is a new sustainable crypto project and it’s already making waves in the EV and carbon credit spaces. In a nutshell, this project will reward EV drivers with carbon credits for recharging their vehicles.
Each user will have their own electronic wallet to hold digital assets. The app user may then pay for EV charging using the CCHG utility token. Each time this happens, they earn tokenized voluntary carbon credits.
Pre-sale for the C+Charge token is now active and has raised more than $1.5 million already. Many market experts are predicting that this green crypto token is going to pump in 2023 once listed on an exchange.
What is C+Charge?
A blockchain-based initiative, C+Charge seeks to improve the current EV charging and payment infrastructure. Not only that, but the project is keen to democratize the carbon credits space.
The team behind C+Charge wants to ensure that it’s not only big manufacturers and EV charging station owners that benefit from carbon credits. With the help of C+Charge, everyday EV owners and drivers will be able to use the CCHG cryptocurrency as payment when charging.
Not only that but the more they charge using CCHG tokens as payment, the higher the number of carbon credits they will be awarded. Carbon credits can also be purchased using CCHG if the app user wishes to add some more to their wallet.
C+Charge’s other goal is to vastly improve the EV charging infrastructure that currently exists. For a start, there aren’t enough EV stations to power the number of vehicles on the roads. The C+Charge economy will be centered on the app, the utility token CCHG, and the network of EV charging stations.
Is C+Charge Worth Investing in?
A single ton of any known greenhouse gas is represented by one carbon credit. Large businesses are generally encouraged to cut back on their carbon dioxide emissions.
Reuters data indicates that in 2021, the value of CO2 permit trading on the world market reached a record $909 billion.
Furthermore, a CAGR of 28.2% is expected to occur through 2030 in the EV charging market. The EV charging space was valued at over $14 billion in 2021 and is anticipated to grow to over $128 billion by 2030.
Meanwhile, the voluntary carbon market is thought to be worth around $2 billion as of writing. C+Charge will make taking part in the EV revolution rewarding for drivers. Therefore, EV drivers won’t need to be concerned about hidden costs.
This is due to the blockchain-based payment system, which allows them to access standardized and transparent pricing. C+Charge fits into both the EV charging space, as well as the voluntary carbon credits scene. As such, C+Charge has everything it needs to pump in 2023.
C+Charge Vision, Key Aspects, and Roadmap
The C+Charge software, app, and platform will be expanded in all sectors of the EV charging business, but it will concentrate on those that provide the most potential for growth. The C+Charge token and app will have numerous web3 applications.
One of the key aspects of the C+Charge token economy is that the team plans on ensuring a constant supply of demand in the network. This will be achieved by removing tokens from circulation each time they are used to pay for an EV charge.
According to the whitepaper, the roadmap includes acquiring a network of P2P EV charging stations that will be located around the world. Users of the app will be able to find their nearest charging station using GPS.
Real-time data supported by the blockchain will also be available on what the wait times might be at each station. Also, the app will provide real-time data to EVSPs for simple charger diagnostics.
Some of the major components of the C+Charge project are listed below:
- CCHG tokens will have various use cases across the C+Charge economy
- The C+Charge utility token can be used to top up the power of EVs at its stations
- Carbon credits are added to the EV driver’s wallet as GNT tokens when they charge their EVs
- CCHG tokens can also be used to buy more voluntary carbon credits
- All users will have a digital wallet within their C+Charge app for voluntary carbon credits and CCHG tokens
- Using the carbon credit tracker, users will be able to look at their history, rewards, charges, and more
Furthermore, according to the roadmap, in order to benefit users of the app, C+Charge plans to leverage NFTs. Eventually, the C+Charge app will enable users to mint NFTs of any carbon credits that have been awarded to them for charging their EVs.
The whitepaper also mentions solar-powered charging stations as part of its roadmap. In order to make so-called solar-powered charging pods, C+Charge will team up with a range of manufacturers. These pods will be off the grid and environmentally friendly.
C+Charge Presale Details
C+Charge is still in the midst of its presale campaign to raise funds for the project’s development. As such, at the time of writing, those who think CCHG might pump 15x or more in 2023 can grab a discount.
Below is some information surrounding the various stages of the presale campaign of C+Charge:
- Stage 1: Token price – $0.013
- Stage 2: Token price – $0.0145
- Stage 3: Token price – $0.016
- Stage 4: Token price – $0.017
- Stage 5: Token price – $0.018
- Stage 6: Token price – $0.019
- Stage 7: Token price – $0.020
- Stage 8: Token price – $0.0235
This innovative crypto project has already garnered the support of a large number of early presale investors. As of writing, over $1.5 million CCHG tokens have been sold. To put this into perspective, the presale is only in stage four.
As such, CCHG tokens are $0.017 at the time of writing. Investors can stay updated by joining the C+Charge Telegram group today.
The Verdict
C+Charge is a crypto project on a mission to solve the inadequacies of the current EV charging space. Furthermore, its cryptocurrency, CCHG, has wide-reaching utility.
For instance, it can be used by EV drivers to charge their vehicles in a transparent way. The project also offers drivers voluntary carbon credits for choosing to use CCHG tokens to power their vehicles. CCHG tokens can also be used to purchase carbon credits.
The C+Charge presale campaign has raised $1.5 million as of writing and it’s in the midst of stage four of eight. As such, there’s every chance this green crypto project could pump once listed in 2023.