Soon, for the first time, electric vehicle drivers will be able to earn carbon credits as they charge. That’s thanks to a new start-up called C+Charge, who is currently building a crypto-powered EV charging payments application.
Using C+Charge, EV drivers will be able to pay to charge their vehicles in crypto, whilst accruing blockchain-based carbon credits that they could then sell at a later date. Projects like C+Charge and IMPT.io are crucial players in the much-needed democratization of the rapidly growing carbon credit market.
According to Coherent Market Insights, the market was valued at around $211.5 billion in 2019 and is expected to grow to over $2.4 trillion by 2027. But the carbon credit market has thus far only really been accessible for big industry players, not the little guy.
The time has come to make an impact!
— C+Charge (@C_Charge_Token) December 23, 2022
C+Charge hope that by democratizing access to carbon credits for EV drivers, they might encourage/accelerate the transition to EVs from traditional fossil fuel guzzling cars. Not only would this be a positive in the fight against climate change, but also in the fight against urban pollution, which causes thousands of premature deaths every year.
☠️ Toxic emissions from fossil fuel cars' tailpipes cause thousands of premature deaths yearly
⚠️ According to OECD, EV cars contribute less PM2.5 and PM10 than fossil fuel cars
— C+Charge (@C_Charge_Token) January 4, 2023
♻️According to T&E’s newest article, the air quality positively benefits from the reduction in tailpipe pollutants due to the #EV transition
At C+Charge, we utilise payment methods that connect with blockchain systems
— C+Charge (@C_Charge_Token) January 4, 2023
How to Invest – Buy CCHG in Presale Now
To fund its development, C+Charge just opened the pre-sale of the CCHG token that will power its payments platform. 40% of the token’s maximum supply of 1 billion will 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.
That means, by the end of the presale, early investors will have already bagged an 80% on-paper gain on their investment. The project has already raised an impressive nearly $65k in just a few weeks since the pre-sale launch.
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.
Hey, all #crypto lovers
@C_Charge_Token presale is now LIVE
Go ahead and join the green revolution with C+Charge!
— Jeff Matos (@jeffersnmatos) January 2, 2023
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.
BREAKING NEWS: @C_Charge_Token presale is LIVE
It's time to introduce crypto payments for the #EV charging
Don't sleep on this – Buy $CCHG now and become an early adopter!
— Crypto Nina (@Ninacrypto_) January 2, 2023
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.
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.
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.
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