Industries all across the world are transitioning to more eco-friendly practices, as countries have set ambitious goals for carbon reduction. This is the only way to offset the effects of global commercialization and industrialization that has happened over the last 50-plus years.
All of that development led to the growing use of fossil fuels, which was necessary to power that development. That all resulted in an exponential increase in carbon emissions, though, all of which are very harmful to the environment.
One industry that’s working hard to curb the effects of that is transportation, with electric vehicles (EVs) a great new alternative that’s gaining in popularity.
C+Charge (CCHG) is a new crypto project that’s helping in this regard, providing a P2P payment platform for EV charging credits. As such, experts predict C+Charge will explode in 2023 as eco-crypto projects trend. Below, we’ll dive further into why CCHG makes for an amazing investment while it’s still in its presale stages.
Simplifying EV Charging Payments
C+Charge is building out a robust Peer-to-Peer (P2P) payment system that can be used at EV charging stations. Built on blockchain technology, users will be allocated individual electronic wallets, which they then use to pay so they can charge their EVs at stations around the globe.
The CCHG utility token is what will power the payment system. This removes the need for a point of sale system at the charging station itself.
For the owners of the charging stations, this reduces their costs dramatically. For those who need to charge their EVs, this streamlines the process of charging and allows them to integrate those payments with other payments for other things.
One of the biggest benefits of C+Charge is the fact that it has the ability to standardize the EV charging payment industry. This is a very powerful potential, as the number of EV vehicles is expected to continue to explode in the coming years. Since it’ll be based on the blockchain, CCHG will also be bringing transparency to an industry that is sorely in need of it.
Earn Carbon Credits for Using It
A very unique aspect of C+Charge is the fact that users will earn carbon credits every time they use the CCHG utility token to pay for a charge of their EV. These carbon credits that they earn will be stored within the C+Charge app. They can also earn carbon credits through “reflections.”
This is a unique and powerful aspect of C+Charge. Before now, carbon credits were traditionally reserved only for large corporations. They would use them to invest in projects that remove carbon from the atmosphere physically or that go toward avoiding adding carbon to the atmosphere, such as manufacturing EVs or installing EV charging stations.
In order to earn the carbon credits from these activities, though, rather large investments would need to be made, since the projects were quite large. This meant that only wealthy individuals and/or the companies they own were able to have access to it.
Now, C+Charge is opening access to this market to the everyday driver. To this point, drivers would typically earn tax credits from their government for purchasing and driving an EV, but they wouldn’t receive carbon credits for doing so — despite the fact that they paid a premium for the vehicle they drive and despite the fact that their driving directly leads to a better environment.
C+Charge is now including these drivers — who are having a huge impact on carbon reduction — into the carbon credit industry.
Bringing Transparent EV Charging Pricing
Unlike traditional fuel stations, which prominently display the current price for fuel, there is no pricing standard for EV charging stations. Not only are the prices not displayed on big, bright signs, but they aren’t widely publicized at all. In a lot of cases, drivers don’t even know what the price of the charging will be until they start actually charging their EV — or sometimes even not until after the charging is over.
What’s more, there’s no standard way that the charging price is displayed. Some of the stations use dollars to k/wH while others charge directly by the k/wH. Either way, it’s very confusing for drivers, most of whom don’t know how to convert this metric over to their local currency.
In other words, drivers of EVs are literally left in the dark about how much it’s going to cost to charge their vehicle. Since they can’t see the price before they drive up, they can’t “shop around” for the best price. And since they have no choice but to charge their vehicles, they’re basically at the mercy of the companies that own the stations.
C+Charge is changing all of that by providing transparent pricing, which is widely available through the app. What’s more, the app will list real-time information about charging stations that are down or malfunctioning, and where the closest stations are. This makes life on the road much easier for EV drivers, which is why so many people are starting to adopt C+Charge as one of the most useful tools for them on the road.
Buy C+Charge While It’s Still in Presale
Experts predict that C+Charge will explode in 2023 as eco-crypto continues to trend. It’s a revolutionary new P2P payment system for EV charging stations that’s not only streamlining the process, but also bringing transparency to an industry that sorely needs it. What’s more, C+Charge is opening up the carbon credit market to everyday people who typically didn’t have access to it before now, rewarding them for reducing their carbon footprint.
These are all reasons why it’s expected that the adoption of the CCHG utility token is going to soar in 2023, and why the price of the crypto project is going to follow in the same way. Now is the best time to buy C+Charge, as it’s still in early presale stages, before the price continues to increase.