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New cryptocurrency project eTukTuk has raised more than $1.2 million, signaling growing investor interest in sustainable transportation solutions.
With these high pre-sale figures, the platform’s native TUK token appears well-positioned for growth when it is listed on exchanges later this year.
Early pre-sale participants can enjoy benefits. Each subsequent stage of the pre-sale will increase the price by 3%, providing pre-listing profits for early backers (up to a total increase of 31% across the pre-sale).
With the growing interest surrounding this eco-friendly platform, you may be wondering what an eTukTuk is. How does it work?
Let’s dive in.
Leading the way in sustainable transportation with EV and DePIN technology
eTukTuk is reshaping urban mobility by providing electric vehicle charging systems (EVSE) tailored for suburban areas and congested cities in developing countries.
The project’s electric tuk-tuk models are designed to be affordable and efficient, with the goal of replacing the more than 270 million conventional combustion-engine tuk-tuks worldwide.
eTukTuk leverages DePIN (Decentralized Physical Infrastructure Network) to strengthen its infrastructure and uses blockchain to create a more democratic, transparent, and secure ecosystem.
At the heart of the project is the TUK token, which is part of a strategy to reduce carbon emissions, alleviate CO2-related health problems, and improve financial inclusion, especially in developing countries.
In particular, TUK holders will receive staking rewards with APY exceeding 220%, encouraging a “buy and hold” strategy following launch.
The platform’s multi-chain approach, including BNB Chain and Cardano, ensures inclusivity and cross-chain interoperability. It is also expected to fuel rapid expansion and have a major impact on sustainability and financial inclusion, especially in developing countries.
eTukTuk is also improving urban mobility through AI and blockchain technologies, including AI-based route optimization to reduce traffic congestion and smart infrastructure for intelligent transportation systems.
TUK supports these technological advances and meets environmental goals by funding green transport research and encouraging community involvement.
Integrating AI into eTukTuk will enable timely maintenance, extend vehicle life and ensure reliability.
To further expand its ecosystem, eTukTuk is also developing a money-making game inspired by Crazy Taxi, set in Sri Lanka.
Strong community support prior to exchange listing
Given the current pace at which investor interest is growing, the presale hard cap of $5.69 million is well achievable.
There is clearly interest in eTukTuk on social media platforms, and the project’s Telegram channel currently has more than 11,900 members.
The project’s roadmap includes expanding the electric vehicle network across Asia Pacific over the next three years, installing charging stations and leveraging AI systems to optimize efficiency.
Top YouTubers like Jacob Bury and Michael Wrubel have endorsed eTukTuk, highlighting its potential to a wide audience.
Additionally, talk of TUK being listed on exchanges is raising expectations of a surge in demand, which could provide upside potential for early buyers.
eTukTuk’s vision is aligned with global efforts to reduce air pollution and achieve climate goals.
By leveraging DePIN and multi-chain interoperability, the project aims to rapidly scale and make a real impact on the transportation sector in developing countries.
As pre-sales continue to gain momentum, eTukTuk could skyrocket in 2024.
Early investors can purchase TUK for just $0.027 in the ongoing pre-sale.
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