eTukTuk is bringing the wheels of environmental change, and investors believe its $TUK token has 50x potential.
The fundraising for the project has sailed past the $220,000 mark, demonstrating the building momentum behind the sustainability project.
eTukTuk intends to bring a series of affordable EV solutions to developing nations, helping them make the revolutionary shift to sustainable transportation.
As the charging infrastructure grows, holders of $TUK earn a collective yield as more vehicles are charged.
eTukTuk Set to Change Transportation in Developing Nations
eTukTuk is the first blockchain-based automotive project rooted in the real world as it seeks to bring about the AI EV revolution.
The project has been described as the most critical sustainability project for the developing world this decade as it introduces affordable EV solutions to the region.
eTukTuk is set to introduce a revolutionary EV three-wheeler that can replace the traditional tuk-tuk in developing countries.
The legendary tuk-tuk is the most popular mode of transportation for developing countries.
However, research has shown that it produces more carbon emissions than traditional vehicles, making it a large contributor to air pollution.
With the World Health Organization stating the developing world is facing the biggest threat to date as 99% of the population breathes polluted air, eTukTuk is looking to do its part to take the first steps toward cleaner transportation.
The project will start by setting the blueprint for its strategy in Sri Lanka during 2024 before expanding its ecosystem into neighboring countries later in the year.
Groundbreaking Three EV Wheeler Leading the Market
eTukTuk has spent over five years perfecting its three wheeler EV and is ready to start its production run.
The EV sets new standards in EV production, earning it the reputation of becoming the Tesla for the developing world.
While Tesla continues to set the pace for the developed world, its technology is still far too expensive for developing countries.
eTukTuk intends to change through its affordable eTukTuk.
The production and operational costs of its EV are expected to drop by 78% as eTukTuk uses local manufacturing to produce the EV.
1/ Hold onto your seats as we introduce eTukTuk – The Future of Urban Mobility.— eTukTuk (@eTukTukio) August 31, 2023
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
With fewer than 200 components, eTukTuk is built to be more reliable and safer than traditional tuk-tuks.
It also utilizes an LFP battery built to last longer, with an eight-year warranty.
Experts believe that the two and three-wheeler EV sector will grow to become the largest sector by 2030, and eTukTuk is leading the charge in development – being the first to roll out a wide-scale shift to sustainable transport in developing regions.
As a result, investing in $TUK allows you to get exposure to the TESLA for developing countries at early adopter prices.
Charging Infrastructure Provides Rewards Through $TUK
In addition to the groundbreaking EV, eTukTuk will bring about the next dimension of charging efficiency through its charging infrastructure.
The team will partner with Territory Partners to leverage intellectual capital in local territories to reduce start-up inefficiency.
For example, eTukTuk has already established a high-profile partnership with the Capital Maharaja Group – the largest privately held conglomerate in Sri Lanka.
The CMG will use its expertise to strategically place charging infrastructure in Colombo, Sri Lanka, to ensure drivers have accessible charging options.
All charging stations will comply with OCPP 2.0 protocols, allowing interoperability with most EVs on the market.
The $TUK token will form the backbone of the charging infrastructure, powering the transportation revolution and allowing holders to earn.
The token has carefully crafted tokenomics that provide long-term rewards for network participants.
$TUK will be required by drivers to charge their vehicles, creating a network fee.
As a result, $TUK holders collectively earn a greater yield as the charging network grows, providing long-term rewards.
Therefore, eTukTuk has created the foundation to build a dynamic multi-revenue model that balances sustainability with earning potential.
Get Positioned Today at Early Adopter Prices
The presale for $TUK continues to fly after it crossed the $220,000 milestone this week.
Investors expect huge 50x returns for $TUK after installing the first charging network and passive earnings enter the ecosystem.
Users can currently purchase $TUK for $0.02475.
However, those buying earlier benefit from lower entry prices as the presale uses a rising pricing strategy.
Investors can purchase $TUK by swapping BNB or USDT on the project’s website. Alternatively, they can use their credit cards to make the purchase.
Overall, with its brilliant EV design and innovative passive income rewards, $TUK is setting the foundation for an explosive 50x growth once the infrastructure starts to be unleashed in the developing world.