Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk
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EVs are all the rage now. But are they accessible?
This is a question most EV brands fail to address. Of course, technology poses limitations when it comes to the mainstream adoption of EVs. But there are other ways to tackle the challenge, shows eTukTuk.
The Web3 project sets out to radically transform the EV sector by tapping into blockchain and AI capabilities. Here is a closer look at the green project and how you can seize the potential 100X opportunity with $TUK tokens.
An EV Ecosystem That Focuses on Developing Economies
eTukTuk is one of the latest projects to trend in the EV market. But it has been in development for the last five years. The intense period of research and development has led to a robust ecosystem that doesn’t just include EVs, but also the infrastructure needed to support it.
By directing its focus toward developing economies, the project diverges from traditional EV brands that focus on developed nations. The cost-intensive nature of these ventures limits their accessibility in emerging economies.
eTukTuk makes a distinct environmental and economic impact by introducing electric three-wheeler taxis to the market.
eTukTuk’s success hinges on its strategic combination of blockchain and AI technologies.
- Blockchain facilitates scalability with unparalleled transparency and security for the global venture.
- AI introduces innovative elements to enhance the transportation system’s functionalities. They give more reasons than affordability for drivers to transition to green technology.
Although the transportation sector remains a major contributor to the decline in global air quality, the current EV ecosystem barely makes an impact. The widespread acceptance of EVs becomes crucial in this context. Only then can the industry aid climate action efforts.
Clean energy solutions are the way to go, now that we’ve seen constantly worsening AQI (Air Quality Index) all over the world. https://t.co/DdFxPTeNoi
— eTukTuk (@eTukTukio) December 23, 2023
The Accessibility Challenge Addressed
Emergen Research forecasts a $17.76 billion valuation for the Electric Vehicle (EV) motor controller market by 2032. If that is to come true, the EV sector in developing economies shouldn’t be turned a blind eye to anymore.
eTukTuk was launched from this realization. The key objective of the project is to provide the advantages of lower long-term operational and maintenance costs of EVs without the burdensome price tag. It bridges the affordability gap between EVs and the financial capacities of the middle class and the poor.
Since private vehicle ownership is often considered a luxury in these areas, eTukTuk shifted its focus to the public EV sector. To be more specific, Tuk-Tuks.
These three-wheeler taxis, prevalent in Sri Lanka and India, offer unparalleled convenience and cost-efficiency. But Tuk-Tuks leave a higher carbon footprint than cars, which makes them a growing threat to the air quality in developing economies.
To solve this, eTukTuk’s initiative revolves around turning the Tuk-Tuk sector green.
Local Manufacturing, AI Technology, and Highly Secure Design
eTukTuks alleviates the financial barriers by opting for local manufacturing. This is made possible by the intelligent design of the vehicle, which can be made using just around 200 components.
Of course, the lowered expenses act as a driving force toward embracing eco-friendly Tuk-Tuks. But it offers additional advantages:
- Due to reduced operational and maintenance costs, eTukTuks can amplify driver income by up to 400%.
- AI-driven features pave the way for the optimization of routes, reduction of traffic congestion, and decreased fuel consumption.
- AI-powered predictive maintenance allows interventions and elongated vehicle lifespan while minimizing resource wastage.
- Equipped with robust roll-cage designs and LFP batteries, eTukTuks have better safety and a prolonged lifespan.
- The integration of intelligent charging and payment infrastructure ensures seamless ecosystem development.
- Participants who help in establishing charging stations or supporting the staking system receive $TUK tokens as rewards. The reward pool finds its origin with drivers utilizing $TUK tokens to pay for charging services.
The eTukTuk model of EV innovation encourages drivers to choose environmentally conscious alternatives over traditional vehicles.
The $TUK ecosystem incorporates inflationary rewards to foster decentralisation and long-term engagement. ????
By staking $TUK tokens in specific territories, participants contribute to eTukTuk’s expanding ZEV fleet and EV charging infrastructure, earning rewards in return. pic.twitter.com/6j8tvAbKC9
— eTukTuk (@eTukTukio) December 22, 2023
How to Earn Profits With eTukTuk
Staking is commonplace in the crypto market now. Almost all crypto projects offer staking rewards. That said, most of them disappoint, often undermining their internal economies. The stark absence of utility and purpose linked to their native tokens cripple them sooner or later.
This is where projects like eTukTuk can make a real difference. It offers a robust avenue for crypto enthusiasts worldwide to generate extra passive income through staking. The utility-rich nature of the token substantiates the strength of the staking system.
Investors can now buy the token for attractive discounts at the presale. The staking APY decreases with time. But early investors stand to gain up to 453% APY from the platform now. The presale discounts are also structured to benefit the early investment community.
As one of the most promising projects to enter the EV market in a long time, eTukTuk has high potential. The presale has been drawing traffic from traditional investors focused on sustainability projects as well due to the high market relevance of the project.
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