The carbon credits market is huge. In 2019, it was valued at around $211.5 billion. And with an average growth rate of 31% per annum expected over the next few years, the carbon credit market is seen hitting $2.4 trillion in 2027, according to analysis from Coherent Market Insights.
But until now, the carbon credit market has remained largely only accessible to big players. Big polluters remain the main purchasers of credits. Big carbon-negative players, like electric vehicle (EV) maker Tesla remain big sellers of carbon credits, raking in millions per year in rewards.
Democratization of the carbon credit market will play a key part in its future growth and cryptocurrency/blockchain technology could play a key role in widening accessibility. One use case, in particular, looks highly promising – rewarding EV drivers with carbon credits as they charge their vehicles.
And C+Charge is here to do just that. C+Charge is developing a peer-to-peer blockchain-based payment system designed to open up the carbon credit reward market to the drivers of EVs, like Tesla.
⚠️ In the US, the average passenger vehicle releases 650g CO2/km
The US government is planning to replace fuel cars with #EVs
At C+Charge we working on a seamless payment solution for #EV drivers ☘️
Join our presale now ⬇️https://t.co/ixe18bPqzI pic.twitter.com/hKOzGsfW4L
— C+Charge (@C_Charge_Token) December 20, 2022
And C+Charge’s aims go beyond purely democratizing access to rewards. C+Charge hopes its revolutionary platform can attract a wave of new EV buyers, attracted by the prospect of being financially rewarded for lowering their carbon footprint with an EV.
How C+Charge Works
EV drivers will use the C+Charge application to pay to charge their vehicles. They will pay using C+Charge’s native cryptocurrency CCHG and will be rewarded with carbon credits in the form of Goodness Native Tokens (GNT), which will be stored in their account on the C+Charge app. GNT token represents a verified voluntary carbon credit and is backed by venture capital firms a16z Crypto and Samsung Next as well as fund manager Invesco.
The more EV owners charge and drive and the more CCHG they spend, the more GNT they will earn. CCHG also have an opportunity to earn carbon credits passively. There is a 1% tax on all transactions that C+Charge uses to purchase GNT carbon credits and then distribute them proportionately amongst CCHG token holders.
How to use your $CCHG?
♻️ Use it to charge your #EV with our partner charging stations
♻️ Receive carbon credits and earn from the market
Grab your $CCHG before it's gone ⬇️https://t.co/ixe18bPqzI pic.twitter.com/HLqr9icw6Q
— C+Charge (@C_Charge_Token) December 21, 2022
As well as acting as a payments platform for EV charging and a carbon credit tracker, C+Charge’s application will also help users easily geolocate nearby charging stations and will offer useful information such as real-time charger wait times and charging station technical diagnosis.
Get Involved With the C+Charge Presale Now
To fund its development, C+Charge just opened pre-sale of its CCHG token, with 40% of the token’s maximum supply of 1 billion set to be made available to the public over the next few weeks. At present, tokens are currently on offer for $0.013 each, but will rise to $0.02350 over the course of four different presale stages. Given the high levels of interest in green projects, as epitomized by the recent success of the IMPT.io presale and ICO, investors should move quickly to scoop up these tokens at a discount if interested.
The Presale Is Officially Live
Starting price: 1 $CCHG = $0.01300
Follow the link below and buy $CCHG now! ⬇️https://t.co/ixe18bPqzI pic.twitter.com/XuI6EEAlWz
— C+Charge (@C_Charge_Token) December 15, 2022
How to Invest in C+Charge’s Presale Now
Investing in C+Charge’s presale is easy. Users will need either a Trust Wallet or MetaMask Binance Smart Chain crypto wallet. This wallet will need to be funded, and can be done so easily inside MetaMask or Trust Wallet, including via card.
Users need to connect their wallet on the C+Charge website and then they will have the option to buy CCHG using either BNB or USDT on the Binance Smart Chain. Tokens can be claimed and will enter the user’s wallet after the token presale has been concluded.
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