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eTukTuk, a crypto project tackling climate change, has raised over $600K in its presale. The project utilizes AI and DePIN to deploy electric vehicles and charging stations in developing nations.
The presale price is currently $0.026 and will increase gradually.
Investors can purchase TUK, a BEP-20 token, using BNB, USDT, or Ethereum (ETH).
What Is eTukTuk?
eTukTuk is an AI-driven project that aims to redefine transportation in developing nations by introducing zero-emission tuk tuks and strategically placed charging stations.
The project will initially focus on Sri Lanka and gradually expand its reach globally.
eTukTuk utilizes territory partners to establish and manage charging infrastructure, enabling a seamless network operation.
The project offers a 78% cost reduction for zero-emission TukTuk owners, along with environmental benefits.
To address financial exclusion in developing nations, eTukTuk adopts cryptocurrency as the payment method, allowing anyone with a BSC-compatible wallet like MetaMask to participate.
Users can also earn rewards for contributing to the network.
Ultimately, eTukTuk presents a peer-to-peer, green, affordable, and convenient transportation solution.
eTukTuk and technology
eTukTuk harnesses AI and DePIN.
eTukTuk employs AI to optimize route planning, minimize fuel consumption, and enable predictive maintenance, ensuring the long-term efficiency of its network.
eTukTuk capitalizes on the growing Decentralized Physical Infrastructure Networks (DePIN) trend, which utilizes blockchains and crypto rewards to construct real-world infrastructure.
The project has secured partnerships with players like CyberConnect, Minswap, CMG, Asia Token Fund Group, and others, demonstrating its strong backing.
This solid foundation bolsters eTukTuk’s prospects for success.
eTukTuk features and tokenomics
eTukTuk allows investors to start staking their tokens right away, even during the presale phase.
The current staking APY is 347%, but it will gradually decrease as the staking pool expands.
TUK serves multiple purposes within the eTukTuk ecosystem, including rewards, staking, payment for eTukTuk services, and facilitating financial inclusivity.
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Source: https://crypto.news/etuktuk-raises-600k-in-presale-supports-tuk-staking/