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Investors are quickly believing that eTukTuk’s TUK token has the potential to provide investors with 50x returns due to its blockchain-powered drive toward progress.
eTukTuk is on a mission to bring sustainable transport solutions to developing countries through electric vehicles.
The project plans to launch its own three-wheeler EV and roll out a charging network infrastructure to speed up the transition.
Those investing in TUK tokens earn as the charging network expands, providing passive revenues with long-term parabolic profits.
eTukTuk Looks to Bring Sustainable Transport to Developing Nations
Every year, numerous lives are lost due to air pollution, particularly from fine particulate matter.
While this is a critical concern, deploying a sustainable ecosystem can offer a solution.#AirPollution pic.twitter.com/mgsCoDf8Z8
— eTukTuk (@eTukTukio) September 2, 2023
eTukTuk is the world’s first-ever EV-powered automotive project built on the Binance chain.
Rooted firmly in the real world, eTukTuk has been described as one of the most revolutionary sustainability projects for the developing world this decade.
The project wants to launch a more affordable and widely accessible EV network, helping the region move from internal combustion engines to cleaner transportation.
The project has built a groundbreaking three-wheeler to do this and will roll out an EV charging network.
The team is on a mission to create a planet where transport works without leaving a carbon footprint behind.
With the World Health Organization stating that 99% of the population is breathing polluted air, the developing world faces an escalating health crisis.
eTukTuk will challenge this through its EV solution.
Bringing Groundbreaking Three-Wheeler EVs With Expansive Charging Network
eTukTuk has spent five years perfecting its EV-powered three-wheeler and is ready to start its release this year.
The project intends to start in Colombo, Sri Lanka – before expanding to neighboring countries.
With over 1.2 million registered tuk-tuks in the country, eTukTuk intends to make the switch to EV-powered solutions seamless.
As tuk-tuks are prevalent modes of transport, they cannot be replaced. However, eTukTuk has created an EV-version of the tuk-tuk – helping to remove all carbon emissions.
The eTukTuk sets a new standard in EV production, earning it the reputation of becoming the Tesla for the developing world.
The eTukTuk is built to be safer than traditional tuk-tuks with a patented roll cage design and a more reliable LFP battery.
This is where it all began.
With fewer than 200 parts, our patented ZEV is built for efficient production and scalability.
By establishing local manufacturing, we not only create employment opportunities but also provide an affordable solution for drivers to make the switch 🔋 pic.twitter.com/05npvSkZHJ
— eTukTuk (@eTukTukio) July 10, 2023
The best part about the design is that it can be locally manufactured with under 200 components, driving down costs and making it cheaper for drivers to acquire.
eTukTuk believes the capital and operational costs could decrease by 78% compared with regular tuk-tuks, increasing the earning potential for drivers.
As fuel costs rise worldwide, drivers have been struggling to make even a basic income. However, the eTukTuk solution should help them earn up to 400% more per month, helping feed families.
With two and three-wheelers expected to become the largest EV sector by 2020, eTukTuk is positioning itself ahead of the competition by becoming the first EV three-wheeler with an efficient charging infrastructure.
The project will roll out its infrastructure using Territory Partners that will help to strategically place charging stations to ensure accessibility and frequency of charging.
In Sri Lanka, eTukTuk has struck a partnership with the Capital Maharaja Group (CMG) – one of the largest conglomerates in the nation – to become the Territory Partner.
AI-Powered and Play-to-Earn Components
In addition to its groundbreaking EV, eTukTuk also leverages artificial intelligence into its ecosystem.
Drivers will use a Driver App to charge their vehicles and navigate cities.
The Driver App is expected to integrate AI to help increase driver efficiency by optimizing the driving routes and minimizing battery consumption.
There will also be a “Crazy Taxi” styled play-to-earn game where players can earn rewards for achieving high scores.
In the game, players pick up and drop off customers as quickly as possible while keeping their batteries charged and avoiding traffic.
TUK Token – 50x Potential From Today?
Overall, with such an expansive ecosystem, it’s unsurprising to see why investors believe TUK has a 50x potential beyond the passive earnings from the ecosystem.
The presale is currently selling the token for a price of $0.024.
However, the rising pricing strategy means that investors are buying earlier to benefit from the discounted prices.
TUK will be the utility token that powers the entire ecosystem through carefully designed economics that provides rewards for long-term network participants.
Holders of the TUK token earn rewards as the charging network expands and drivers use the network to charge their electric vehicles.
As a result, as the eTukTuk ecosystem expands and gains more adoption, those holding $TUK tokens start to earn a higher passive income.
Users can get positioned in TUK by heading to the website and buying through the interface through BNB, USDT, or credit/debit cards.
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