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The demand for electric vehicles (EVs) is at an all-time high, and new tax incentives offered by the Inflation Reduction Act of 2022 are set to propel this sector to new heights. Sustainable, electric transportation is quickly becoming the norm for the future of travel, with a market size projected to reach up to $800 billion by 2030.
The present network of electric charging stations is not sufficient to meet the needs of the growing fleet of electric cars (EVs). The charging and payment infrastructure for EVs is not yet mature enough to support the rapid expansion envisaged in the number of EVs in the coming years.
There is presently no uniformity in the payment gateways used by various charging stations and no clear standard for charging clients. As it stands, only the owners of charging stations and the manufacturers of electric vehicles receive carbon credits.
C+Charge is a game-changing blockchain-based solution that aims to democratize the carbon credit market and make it more accessible to EV drivers throughout the world.
C+Charge opens up opportunities for EV users to receive incentives often allocated to large organizations. It’s the first on-chain or off-chain platform that let EV drivers earn carbon credits only for driving and charging their vehicles, and it’s powered by the blockchain. Through the use of blockchain and decentralized finance, this platform will make carbon credit sustainability accessible to the public, making it the de facto payment mechanism for EV charging stations.
Following are some of the reasons why this token is worth investing in 2023:
In order to be compatible with the global standard that controls charging stations throughout the world, the C+Charge network and software are being built to be OCPP 2.0 compliant. This might eventually allow C+Charge to be connected to more than 1.8 million charging stations around the world.
A decentralized network and app built on the blockchain to make pricing for drivers easier to understand. All fees and costs have been fully disclosed. There will be no surprise costs. There is complete certainty in the costs. Complete network visibility for enhanced service quality and satisfaction from end users.
Those who use the C+Charge network and utility token to charge and operate their electric vehicles will be rewarded with carbon credits. With the help of their innovative “reflection” concept, token holders of C+Charge will be able to amass carbon credits at a rate of 1% of all transactions, with the credits being divided proportionally among token holders.
CCHG is the native token of C+Charge, which will be used in a variety of ways. Some of them are:
C+Charge has partnered with many industry leaders in the electric vehicle (EV) sector. The group is collaborating with Phihong to offer charging equipment to the C+Charge-operated stations. Phihong is a frontrunner among global producers of charging equipment for major automakers.
C+Charge is also assisting AmpUp by providing technical assistance for its charging stations. The C+Charge team is also in talks with a number of EV-related businesses about integrating the C+Charge platform into their existing infrastructure.
By collaborating with Flowcarbon, C+Charge is able to provide carbon credits on the blockchain via the goddess nature token (GNT) utility token. Because of this collaboration, C+Charge will be able to realize its vision of a blockchain-powered solution that gives carbon credits to those who drive electric vehicles.
As a frontrunner in the industry, Flowcarbon is developing a system to tokenize carbon credits in order to encourage investment in projects that reduce atmospheric carbon dioxide levels. Flowcarbon has together a formidable group of professionals with diverse backgrounds in carbon, sustainability, and technology who share a commitment to advancing decarbonization while safeguarding Earth’s natural ecosystems.
Recently, the crypto marketing firm BlockChain Brothers also teamed with C+Charge, a blockchain-powered EV charging network and utility token. BlockChain Brothers have a proven track record, having contributed to several prominent cryptocurrency initiatives.
This comes after C+Charge partnered with Flowcarbon to distribute carbon credits on the blockchain with their goddess nature token (GNT) utility token. Through this collaboration, C+Charge is able to realize its vision of a blockchain-powered system that would give carbon credits to EV drivers.
Based on over a decade of contacts and collaboration with industry leaders, BlockChain Brothers has set the bar for ‘Crypto Speed’ in the marketing of DeFi-related enterprises.
Having lately collaborated on projects like SquidGrow, Croge, Floki, Verasity and more, the team is delighted to partner with C+Charge as it is a fantastic project that showcases web3 technology in action and places as much importance on sustainability as them.
BlockChain Brothers believe that sustainable mobility will be a major issue in the cryptocurrency industry in the next few years and hence are looking forward to a fruitful collaboration with C+Charge.
Taking into consideration the high utility that C+Charge possesses in the electric vehicle industry as well as the strategic partnerships that it is forming to assist in the construction of a cleaner and greener planet, this cryptocurrency is definitely worth investing in 2023 and has the potential to return 100 times the initial investment to early investors. Visit c-charge.io to participate in the presale.
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Prateek is a writer in the crypto niche with several by lines in reputed websites such as Business2Community as well as here at InsideBitcoins. Prateek enjoys breaking down complex topics related to Fintech, the stock market, cryptocurrency, decentralized finance and accountancy so they could be read by a wider audience. His latest crypto news coverage has a focus on how to survive the 2022 bear market. An avid traveler, and reader, Prateek likes building assets that could generate passive income. Prateek is active on LinkedIn, reach out to him by clicking on the LinkedIn icon.
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