LONDON, April 25, 2022 (GLOBE NEWSWIRE) — by way of NewMediaWire – TukTuk Token (https://etuktuk.io), has launched the world’s first social mobility utility token to revolutionize the world’s hottest type of transportation: tuk tuks. TukTuk Token depends on blockchain expertise to energy a community of charging stations and handle fee to drivers instantly by way of the utility token itself. The marketplace for eTuk Tuk is rising considerably, because the Indian market alone is projected to attain over $1.8 Billion in measurement by 2028, which is estimated to be half of the worldwide market measurement, which is projected to be over $3 billion in measurement by 2028. This doesn’t account for the charging infrastructure that will probably be required to help this progress.
TukTuk Token’s community and infrastructure may even present the chance for native drivers to convert their polluting petrol-fueled tuk tuk bikes into clear, electrical powered tuk tuks at an reasonably priced value, utilizing a majority of regionally sourced components and assemblies. TukTuk Token believes that electrical mobility and clear air are usually not reserved completely for the developed world; as an alternative, it goals to deliver sustainable mobility to areas of the world that want it most. The Company additionally seeks to higher the usual of dwelling for its drivers, as a portion of proceeds will probably be contributed to native foundations designed to assist native efforts in enchancment and modernization.
TukTuk Token’s founding group commented: “We are excited to announce the launch of TukTuk Token, utilizing blockchain technology to bring mobility and sustainability to the developing world. We chose to launch this project over Earth Day Weekend, as the effects of climate change and pollution have a compounding effect on developing countries. We believe we have a real opportunity to not only reduce pollution and carbon emission in these locations, but also drive an increase in the standard of living; our ecosystem will help drivers earn more money, which in turn will trickle down to their families and surrounding communities. This is an ambitious project and we have an equally ambitious team that is up for the challenge. We look forward to providing more updates in the coming weeks. Stay tuned!”
One cost, One token, One TukTuk at a time. Charging Bikes Locally. Changing Cities Globally.
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About TukTuk Token
TukTuk Token ($TUK) is the world’s first mobility utility token to revolutionize the world’s hottest type of transportation. TukToken will assist convert polluting, petrol-powered tuk tuk bikes into clear, electrical powered bikes and set up and handle the charging stations that can energy them. Providing bodily mobility unlocking the keys to social mobility.
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