Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The eTukTuk electric vehicle revolution is a win-win for commuters and $TUK holders.
The groundbreaking EV three-wheeler provides a zero-emission mode of transportation in the developing world, while $TUK token holders earn from the network’s expansion.
The potential for passive income is causing a flurry of hype in the $TUK presale, pushing the fundraising beyond the $340,000 milestone.
The good news is that the presale is still active, allowing you to get positioned as an early adopter in this innovative sustainability ecosystem.
eTukTuk Brings Affordable EV Solutions to Developing Economies
eTukTuk is the world’s first automotive project built on the Binance chain that creates an ecosystem with a dynamic multi-revenue model that balances sustainability with innovation.
The project aims to bring affordable EV solutions to the developing world, helping them make the revolutionary shift into a sustainable future.
eTukTuk has its roots in the real world through its electric-powered three-wheeler vehicle and network of charging stations. This starkly contrasts most of the Web3 projects in the industry, which typically exist online.
eTukTuk intends to launch first in Sri Lanka to set the blueprint in early 2024 before expanding to neighboring developing countries.
The entire idea behind the project is to help tackle carbon emissions in the developing world.
Their solution involves starting the replacement of the 270 million registered tuk-tuks across the globe.
The legendary tuk-tuk is a very versatile vehicle, which is why you often see it as a popular mode of transport in developing countries.
However, this nippy vehicle has been proven to emit more carbon emissions than traditional cars, making them a significant cause of air pollution.
eTukTuk wants to start the EV revolution with its affordable EV-powered three-wheeler.
Revolutionary Three-Wheeler Design With Innovative Charging Infrastructure
eTukTuk has spent half a decade perfecting its three-wheeler EV design and is ready to start its production run in the coming weeks.
The eTukTuk is built with safety and sustainability in mind. Therefore, it has a patented roll cage design and utilizes an LFP battery pack with an eight-year lifespan.
The vehicle can be produced with fewer than 200 components, making it possible to be manufactured locally.
Local manufacturing helps drive down production costs, making vehicles affordable in developing nations.
1/ Hold onto your seats as we introduce eTukTuk – The Future of Urban Mobility.
In this thread, we’ll unveil the exceptional features that are set to transform the way we navigate our cities.
Safety, efficiency, and sustainability are just the beginning. 🧵 pic.twitter.com/8zwd6sxuoq
— eTukTuk (@eTukTukio) August 31, 2023
The team estimates that the operational cost will be reduced by 78% compared to traditional tuk-tuks, allowing drivers to take home up to 400% more pay.
In addition to the groundbreaking vehicle, eTukTuk intends to roll out an infrastructure of charging stations for drivers to charge their EVs.
The charging stations will introduce the next dimension of charging efficiency and will be compliant with OCPP 2.0 protocols, allowing for interoperability with most EVs.
The team will use Territory Partners to reduce start-up inefficiencies, who will strategically place the charging stations in local territories to ensure accessibility and frequency of charging.
$TUK Token: Key to Earning Rewards
The $TUK token is your key to earning from this revolutionary sustainability project.
The $TUK token forms the backbone of the ecosystem and will be the utility token drivers use to charge their vehicles at the charging infrastructure through the Driver App.
As a result, a network fee is created for $TUK holders, providing them with a passive income.
Furthermore, as the network of charging stations expands, the collective yield earned by $TUK holders increases – helping to provide long-term increasing passive income.
Furthermore, those purchasing $TUK tokens in the presale are entitled to earn a return on their holdings through staking.
Those currently staking their tokens are earning an impressive 700% APY at the time of writing.
Get Positioned Today Before It’s Too Late
The presale for the $TUK token continues to gain momentum as investors rush to get positioned at the early adopter prices before it increases.
The fundraising for the project has already crossed the $400,000 milestone, demonstrating the building hype behind the project.
The key reason most investors are getting positioned is that they believe the project can provide a swift 10x return once the first eTukTuk is on the streets and the charging infrastructure goes live.
Furthermore, they’re keen to get a slice of the passive income that will collectively increase when the charging network expands.
You can currently buy $TUK in the presale for $0.02525.
However, you’ll have to hurry to secure this price as the cost will increase during subsequent presale stages.