Crypto

Explained: C+Charge, a Crypto Project About to Disrupt the Electric Vehicle Charging Industry

C+Charge is a new project that aims to revolutionize the electric vehicle charging industry through the use of blockchain technology and cryptocurrencies. Users can use the C+Charge app to locate charging stations and pay for their charge using the network’s native cryptocurrency, CCHG. The platform will also reward users with carbon credits for using the platform to find and pay for its electric vehicle charging services.

According to the US Environmental Protection Agency (EPA), vehicles that use fossil fuels contribute about 27% of accumulated carbon emissions to the atmosphere. This is a worrying figure, especially with growing concerns about global warming and climate change. Fortunately, there is a simple solution to this problem: electric vehicles (EVs).

However, although electric vehicles have grown in popularity over the past few years, they still lack mass adoption. One of the main reasons for this is the lack of infrastructure needed to operate these vehicles efficiently, namely charging stations. The shortage of charging stations limits the usefulness of electric vehicles, especially when it comes to traveling long distances.

C+Charge is a crypto blockchain project that seeks to solve this problem. The project promises to dramatically improve the charging experience for electric vehicle users and reward them for using the platform. And with electric vehicles expected to eventually replace traditional vehicles, C+Charge could be a huge hit in the years to come.

But what is C+Charge and how does it work? Follow us to find out.

C+Charge: what is it?

C+Charge is a new project that aims to revolutionize the electric vehicle charging industry through the use of blockchain technology and cryptocurrencies. The project aims to provide electric vehicle users with an extensive network of charging stations and a uniform payment solution to pay for their charges.

Users can use the C+Charge app to locate charging stations and pay for their charge using the network’s native cryptocurrency, CCHG. The platform will also reward users with carbon credits for using the platform to find and pay for its electric vehicle charging services.

How it works?

It’s quite simple. Initially, the project aims to set up a network of EV charging stations. These stations could be fully operated by C+Charge or they could simply accept the platform’s native currency, CCHG, as a payment option.

Users can then use the C+Charge mobile app to locate charging stations along their route. Once they log in to the station, they can pay for the recharge using CCHG using the in-app payment gateway. Users will earn carbon credits for every recharge made through the app using CCHG.

C+Charge is looking to set up its own charging stations and collaborate with existing charging units around the world. If the platform is successful in its efforts, it will help create a standardized EV charging experience around the world. Users will be able to pay for their recharge with CCHG almost anywhere in the world.

In addition, C+Charge is seeking to set up solar charging stations. This will reduce the load on traditional power grids and also ensure a more environmentally friendly solution for electric vehicle charging stations.

The CCHG token

As mentioned earlier, CCHG is the native cryptocurrency of the C+Charge ecosystem. It is built on the BNB smart chain and allows users to pay to charge their electric vehicles at all stations managed by C+Charge. It is also a deflationary sign. This means that all tokens used to pay for top-ups will be taken out of circulation and ensures the scarcity of the token. Therefore, as more people use CCHG to charge their electric vehicles, the more scarce the token will become, causing its price to increase over time.

Project status

C+Charge is currently in the pre-sale phase. It has raised almost $270,000 of its current presale goal of $2 million. The pre-sale is expected to end in two months, and CCHG is expected to hit centralized exchanges by March of this year.

The project has also undergone its KYC and smart contract audits, which should eliminate fears of a rug draw or other illicit activity. In September 2022, the platform also announced a partnership with Flowcarbon, a blockchain-based carbon credit platform. Thanks to this partnership, C+Charge will be able to reward its electric vehicle users with carbon credits each time they charge with CCHG.

Conclusion

C+Charge aims to streamline the electric vehicle charging industry and drive adoption of electric vehicles through its carbon credit reward system. Additionally, it will also standardize payments at electric vehicle charging stations. All in all, it’s a project that has a lot of real-world utility. As such, C+Charge offers tons of future potential, especially with electric vehicles set to replace traditional vehicles in the years to come. However, the project is still a WIP and still has a long way to go before it is fully functional.

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