Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
C+Charge is a new blockchain-based protocol that seeks to reward electric vehicle owners for charging and using their cars. Its native token, CCHG, is available on presale, and this article explains all you need to know.
Revolutionizing the EV Space
Over the past few years, there has been a significant surge in the use of electric vehicles worldwide. The EV industry has emerged as the eco-friendly alternative to the traditional automotive space, which has been yearning for a change. Thanks to companies like Tesla, Rivian, and more, people can purchase EVs and be a part of the green revolution.
However, even with the growth of EVs worldwide, the space remains ripe for disruption. C+Charge is looking to bring the benefits of blockchain technology to the EV space, incorporating the concept of carbon credits into the charging space.
With C+Charge, EV owners enjoy carbon credits as they charge their vehicles. The platform aims to create a charging payment system with optimal value privacy, utility, and verifiability for users.
C+Charge is looking to optimize the charging infrastructure for EVs, ensuring that owners get a more seamless user experience. The platform’s developers noticed that the existing charging infrastructure is still very underdeveloped and cannot catch up and support the growing demand for EVs. And, since more charging stations still connect to electrical grids, their eco-friendly status can be questioned.
A lack of standard pricing is another problem that C+Charge aims to solve. Operating on a blockchain ensures trust and verifiability with charging pricing.
Better Utility for Owners
After solving these issues, C+Charge will infuse carbon credits into the EV charging space. It will reward users with carbon credits as they charge their cars, thus providing an additional incentive for EV usage and charging.
The C+Charge platform also comes with a mobile app that is sure to provide utility. The mobile app allows users to track their credits, balances, and pricing at several charging stations. With the app, users can find charging stations close to them, especially if they are on the go.
In addition, the app can also perform diagnostics on users’ EVs to know which parts need changing, replacement, or fixes.
The CCHG Token
C+Charge operates using a native token called CCHG. Built on the BNB Smart Chain, the crypto asset allows users to easily pay for charging their EVs at all C+Charge-managed stations.
The CCHG token is deflationary, so units will be removed once they are used for payment. As charging stations are expected to surge in number over time, the asset is set to see more use, thus making it scarcer due to its tokenomics.
Users can track their CCHG balances using the C+Charge mobile app, and the platform’s developers will be looking to add more functionality over time.
How to Buy CCHG
CCHG is available on presale and raised over $45,000 in its first stage. Investors looking to purchase CCHG tokens can follow the steps outlined below:
Download a Wallet
First, investors would need to get a self-custodial wallet. We recommend Trust Wallet or MetaMask.
Connect the Wallet
After wallet installation, go to the C+Charge presale page. Click the “Connect Wallet” button and follow the on-screen prompt.
Fund the Wallet
The next step will be to purchase BNB or USDT to buy CCHG. The assets can be purchased directly from centralized exchanges or wallets.
After funding the wallet, investors can proceed to buy CCHG. Click on the “Buy with USDT” or “Buy with BNB” button and complete the purchase directly.