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The post C+Charge Reaches $1m in Presale, Only 2 Days Left Until Next Stage appeared first on Coinpedia Fintech News C+Charge has managed to raise $1 million in the second […]
The post C+Charge Reaches $1m in Presale, Only 2 Days Left Until Next Stage appeared first on Coinpedia Fintech News
C+Charge has managed to raise $1 million in the second stage of its presale, cementing the project’s status as one of the most exciting new projects to enter the industry. The project, which is a blockchain-based system for the Electric Vehicle (EV) charging industry, has a total of eight stages in its presale.
Investors are flocking to the project and it appears that the $600,000 left in the second round will not last long. Currently, the CCHG is priced at $0.01450, with the next stage taking the token to the price of $0.01600. There are only two days left in this second presale stage. Investors should note that entering the presale in this round will result in a 10.3% uplift on February 15.
At this rate, the earliest investors in the project should see a profit of 80% at the end of the presale. The presale has been hard capped at $6.85 million, with no vesting period for presale buyers of the CCHG token. The total supply of CCHG tokens is 1 billion (1,000,000,000), which means 40% are on sale to the public in the presale.
The presale has already seen a lot of interest, largely because of hte novel solutions that C+Charge provides. The project has the capacity to transform the EV charging industry.
As the world moves towards a more sustainable and environmentally-friendly state, several industries are looking to change their processes or implement new green technologies. The problem of climate change and sustainability is now on everyone’s minds and it’s considered a serious issue if companies don’t move towards hitting their green targets.
C+Charge is doing its bid to help the world by being the only ESG-supported sustainable crypto project in the Electronic Vehicle (EV) space. The project is building an on-chain and off-chain platform that rewards EV owners with carbon credits for using and charging their vehicles.
The project was co-founded by Ryan Fishoff, who was the CEO of the publicly traded company American Wealth Mining Corporation, a business focused on crypto, environmentally sustainable investments, fintech, retail, wellness, nutrition, and financial education. C+Charge has received venture capital funding from 360° Crypto Economy of $250,000.
The team has already established a robust design that includes individual wallets, a mobile application, and a P2P payment system for the EV industry. It is focused on creating a unified payment system for the EV market, which will allow users to better see how much they are charged for using EV stations. Of course, they will also earn carbon credits for charging their vehicles, which is a nice way of roping EV owners into the carbon credits market.
The mobile application will let users see how many carbon credits they have obtained, the pricing for charging stations, the locations of these stations, real-time wait times, and more. What’s particularly interesting is that users will be able to pay for EV charging through C+Charge’s native token, CCHG.
The project has already made some headway with partnerships, having struck a strategic partnership with Flowcarbon. This allows on-chain carbon credits to be handed to users.
Token hodlers can also earn carbon credits through a reflection program. There is a 1% tax on each transaction, which is used to purchase carbon credits. This is then distributed to all token holders in the ecosystem. This means even those who don’t own an EV can earn carbon credits. One carbon credit allows for the emission of 1 ton of greenhouse gasses.
C+Charge has also managed to secure an international partnership – with Perfect Solutions Turkey. This will see 20% of the EV chargers in the country added to the C+Charge network.
C+Charge has proven itself to be an innovative project that provides value to users in multiple ways, not the least of which is the aforementioned carbon credits rewards system. As such, it’s clear to see how C+Charge can be the ideal solution in a world that is tackling the pressing issues of climate change.
C+Charge solves many of the issues in EV charging payment systems. Primarily, it offers a universal payments system with an app that interfaces seamlessly with the platform. As a result, it doesn’t require the installation of expensive Point of Sale (PoS) equipment – instead, drivers use the CCHG token to pay.
Furthermore, the GNT token is a verified voluntary carbon credit. This has been backed by venture capital firms a16z Crypto and Samsung Next as well as fund manager Invesco.
Blockchain technology offers several benefits, including being able to reduce costs associated with managing stations and transmitting information in real-time. Additionally, it also allows for diagnostic tasks.
The mission of C+Charge is to democratize carbon credits so that an increasing share of carbon credit revenue can be distributed to all stakeholders. It is estimated that the carbon credits industry will be worth $2.4 trillion by 2027, so opening up access to EV drivers will be a huge business.
By decentralizing EV charging payment systems, carbon credits allow for all stakeholders to benefit. This includes the individual user, as opposed to other systems that mostly favor big businesses. EV drivers can both benefit from this system and contribute to the fight against climate change. Meanwhile, manufacturers of EVs, such as Tesla, can earn millions of dollars by selling carbon credits to polluters.
C+Charge has made enormous headway in the short time it has been around, attracting several investors to its presale. With its second presale stage set to end soon, investors will want to enter quickly before the prices go up.
