New Cryptocurrency eTuktuk (TUK) Raises $500k In ICO – Best Eco Friendly Crypto To Invest In
A new eco-friendly crypto project focused on environmentally sustainable transportation has raised over $500,000 so far in its presale funding round. The project, called eTuktuk, is working on improving urban transportation in developing nations with electric vehicles and blockchain technology.
Despite recent declines in Bitcoin’s price and the market as a whole, eTuktuk has continued to gain traction and attract investor interest. The presale fundraising has caught the attention of major financial news outlets, driving even more investors to acquire the project’s native token, TUK.
Visit eTuktuk Here
eTuktuk seeks to address the environmental impact of traditional auto rickshaws in developing countries, known as tuk-tuks. Typically powered by polluting two-stroke engines, tuk-tuks are notorious for emitting higher levels of carbon dioxide compared to conventional automobiles.
"The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels.
Not reduce.
Not abate.
Phaseout." pic.twitter.com/N8o0HnfqJU
— Sophia Kianni (@SophiaKianni) January 22, 2024
eTuktuk proposes introducing electric vehicles powered sustainably by renewable energy sources. By establishing electric vehicle charging infrastructure in urban areas, the project will facilitate an affordable transition to eco-friendly transportation alternatives.
Beyond manufacturing electric tuk-tuks, eTuktuk will incorporate blockchain technology and a sharing economy model for security, efficiency, and scalability. The platform also strives to offer digital identities and financial services, particularly to disadvantaged communities relying on tuk-tuks for transportation.
Unique staking rewards for the TUK token further incentivize participation in the
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