For several days, the project C+Charge (CCHG) has started its burn process for tokens that have not been sold during the successive passage of the different phases of the presale. As a reminder, C+Charge is a blockchain solution that aims to revolutionize the sector of charging stations for electric vehicles.
On a practical level, each of the eight phases of the presale have a duration of one week. The first burn took place on February 22 and it is possible to verify this by directly consulting the link of the transaction by clicking here.
The number of tokens that were destroyed during this burn mechanism amounts to 35,65 millions for the second phase of the presale. Note that on the maximum supply of CCHG tokens in circulation, set at 1 billion by the project management team, 40 % (i.e. 400 million tokens) have been reserved to be available for sale as part of the presale.
The next burn will total 35,81 millions of tokens for phase 3 and will take place before the end of the current phase, namely the fourth.
The burn mechanism is an effective way to reduce the number of tokens in circulation by transferring them to a “ghost address” which can only receive tokens without having the ability to send them elsewhere.
The investors who gravitate around the project will be very satisfied with this use of a burn process because it allows to increase the value of the remaining tokens.
Furthermore, it is important to mention that the presale is divided into eight distinct phases and is currently in its fourth phase. All phases between the second and the eighth have a duration of one week.
C+Charge: only two days left before the end of the fourth phase of the presale
The third phase of the presale ended just a few days ago and at the time of writing, the latter has successfully raised $1.7 million from the sale. CCHG tokens.
The current token price is set at 0,017 dollars and will continue for two more days. During the transition to fifth of the presale, the price of the tokens will progress until it reaches 0,018 dollar.
Investors who have positioned themselves in the first presale phase are already enjoying a theoretical return on investment of 30 %. At the end of the presale, this theoretical return on investment will reach the threshold of 76,9 %.
C+Charge is one of the few crypto projects that displays a real ecological ambition thanks to its innovative approach to the issue of charging electric vehicles. Environmental issues are now increasingly present in the public debate, and this could most certainly be reflected positively in the price of CCHG tokens in the near future.
The savviest investors will not hesitate to hurry to place their funds so as to avoid the next price rise, the date of which has been set for Wednesday, March 1. If they decide now, they will benefit from a theoretical bonus of 35 % at the end of the presale on March 29.
Here is the complete breakdown of the pre-sales stagesthe price of each step, the number of chips in each step, the total tricks and the end date of each step:
Note that the maximum threshold targeted by the presale is set at 6,85 millions dollars and that there will be no minimum blocking period for investors who participated in the presale.
Simplify the payment process for the various networks of electric vehicle charging stations
Through its partnership with Flowcarbonowners of electric vehicles will have the opportunity to earn carbon credits in the form of Goodness Native Token (GNT) each time their vehicles are recharged. A single carbon credit is equivalent to the emission of one ton of greenhouse gases.
The GNT token represents a verified voluntary carbon credit, which enjoys the support of several large investment firms such as a16z Crypto et Samsung Nextas well as fund manager Invesco.
In addition to democratizing the carbon credit market, C+Charge is also a solution for the various problems related to the payment networks currently used by electric vehicle charging stations.
C+Charge is fundamentally interesting because the project does not require the installation of expensive equipment or outlets. This in addition to providing owners of electric vehicles with an efficient and secure way to find nearby charging stations, in addition to providing complete diagnostics on the status of the latter.
Here is a list of features of the C+Charge application:
- Carbon credit tracking system.
- Integration of several payment platforms.
- Charging by geolocation of the various charging points.
- Real-time visualization of charging station waiting times.
- A complete technical diagnosis of the charging points.
- The ability to earn rewards in the form of CCHG tokens by making in-app purchases.
- Carbon credits that can be transformed into NFT and stored within the application.
Electric vehicle adoption is going global
In our current system, the carbon credit system strongly favors big companies and industrial giants. This is a reality that is a source of slowdown for the adoption of electric vehicles by the general public.
According to a number of analyststhe carbon credit market could reach the bar of 2,4 billions dollars by the horizon 2027. Thus, opening up this market to owners of electric vehicles could prove particularly profitable.
Until now, the winners of this system are the producers of goods that reduce its carbon footprint, but the owners and users of electric vehicles are unfairly excluded from this restricted group, but C+Charge intends to correct this.
Following the points mentioned above, it is not surprising to find that C+Charge has already entered into its first international partnership with Perfect Solutions Turkeyadding 20 % electric vehicle charging stations across the country to the C+Charge network.
If you wish to participate in the presale of the C+Charge project, do not hesitate to click here to visit the official website of the project.