O eTukTuk is quickly becoming the Tesla of cryptocurrencies by introducing a wide range of electric vehicle solutions to the developing world. Although Tesla’s technology has advanced to help drive sustainable transportation, this technology is still too expensive for less privileged nations.
This is where eTukTuk comes into the picture.
The plan is to introduce an affordable electric tricycle (EV) to the developing world, helping drivers switch to sustainable transport. In addition, it is also part of the planning to launch an efficient charging network, making EVs accessible in the region.
eTukTuk plans to launch its EV solutions later this year, and $TUK is your gateway to this innovative project.
In this article, we will discuss:
eTukTuk is changing the way people move in developing countries
eTukTuk is changing the way people travel in developing countries. It is the first electric vehicle and automotive project built on the Binance chain with the aim of creating a transportation system that works without leaving a carbon footprint.
The developing world is facing a major health crisis, with 99% of the population breathing polluted air, which eventually becomes one of its biggest challenges to date.
One of the biggest contributors to air pollution in developing nations is the legendary three-wheeled vehicle known as the tuk-tuk.
Every year, numerous lives are lost due to air pollution, particularly from fine particulate matter.
— eTukTuk (@eTukTukio) September 2, 2023
This agile vehicle is used by citizens as an affordable method of transportation in most developing countries, with more than 270 million vehicles registered across the globe.
However, it has been proven that the tuk-tuk is responsible for more carbon emissions than traditional vehicles, making it one of the biggest contributors to air pollution on the planet.
Furthermore, with fuel prices rising across the world, drivers are struggling to support themselves as they are unable to earn a living wage. eTukTuk aims to tackle both problems through its innovative affordable electric tuk-tuk.
The project has been described as the most revolutionary sustainability initiative for developing nations this decade.
The Tesla of crypto? eTukTuk sets new standards in EV solutions
The eTukTuk has earned a reputation for becoming the Tesla of developing nations, setting new standards in the production of electric vehicles (EVs).
It took more than five years to develop its electric tricycle, which can be manufactured locally with less than 200 components.
1/ Traditional tuktuks vs. eTukTuks: 💥🔌
A comprehensive comparison of why the world needs eTukTuks 🧵 pic.twitter.com/E2vxoqUKps
— eTukTuk (@eTukTukio) June 17, 2023
As well as being safer than traditional tuk-tuks, with an LFP battery installed for long-term sustainability, locally manufacturing the product reduces production costs, making it affordable for less privileged societies.
As a result, the team believes that capital and operational expenditure could result in a 78% reduction compared to traditional internal combustion engine tuk-tuks, leading to a 400% increase in driver wages.
With the electric two- and three-wheeler sector expected to become the most significant part of the EV market by 2030, eTukTuk is positioning itself as a leader in the sector, aiming to get its share of the $110 billion industry.
It also aims to launch an efficient charging network through territorial partners to ensure EV charging is easily accessible.
The charging network will comply with OCPP 2.0 protocols, making it interoperable with most EVs on the market.
Territorial partners will provide the charge to help grow the network, strategically positioning charging stations to ensure accessibility and charging frequency.
AI driver app and Play-2-Earn ecosystem on the way
In addition to its EV solutions, eTukTuk is also leveraging artificial intelligence through its driver app.
Drivers will use the app to navigate around the city. The app will utilize AI to increase driver efficiency, optimize driving routes and minimize battery consumption.
Additionally, eTukTuk plans to launch a “play-to-earn” game allowing players to earn $TUK tokens as rewards. Players will be tasked with picking up and dropping off passengers as quickly as possible while avoiding traffic and keeping their batteries charged.
Participate through $TUK – The new $TESLA of crypto
O token $TUK is your entry into this expansive, multi-revenue ecosystem that balances sustainability with long-term rewards. $TUK is the foundation of the ecosystem and will be the utility token of eTukTuk.
Tokenomics (token economy) has been carefully designed to provide long-term rewards for network participants. Drivers will use the $TUK token to charge their vehicles, resulting in a network fee for all token stakers on the network.
As a result, those holding $TUK tokens will see their passive rewards increase as the charging network expands. The project aims to launch in Sri Lanka by the end of the year, but will continue its global expansion after establishing the action plan.
Therefore, this is a project that can provide long-term passive income along with significant capital appreciation for early adopters.
Buy $TUK today
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.