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LBank Exchange to List Drive Crypto (DRIVECRYPTO) August 9, 2022 – Press Release Bitcoin News
press release
PRESS RELEASE. INTERNET CITY, DUBAI, 8 August 2022 – LBank Exchange, a global trading platform for digital assets, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022. For all users of LBank Exchange, the DRIVECRYPTO/USDT trading pair will be officially available for trading at 23:00 (UTC+) 8) 9 .August 2022.
As the first web3 mobility app developed with the Drive-to-Earn concept with GameFi/SocialFi elements, Drive Crypto (DRIVECRYPTO) allows users to earn cryptocurrency while driving unique and rare NFT cars. Its initial token DRIVECRYPTO will be listed on the LBank Exchange at 23:00 (UTC+8) on 9 August 2022, to further expand its global reach and help it achieve its vision.
Introducing Run Crypto
Drive Crypto is the first web3 mobility app developed based on Drive-to-Earn concept collection GameFi/SocialFi. It has been built around an important daily task for most people: using a vehicle to move from one place to another. It is the first crypto space project that effectively brings to life a concept of mobility and functional gain.
Users equip themselves with NFTs in the form of electric vehicles and electric power that calculate every KM driven while driving their vehicles. Through this activity, users will earn in-game currency that can be spent in-game or transferred to their wallet. Each NTF car is unique and rare as they are only one edition and no two will be alike, so they can be highly valued.
In addition to winnings through the Drive-to-Earn mode, NFT cars can also be used in the racing game mode to compete with other users in a Fast & Furious race, and when they win the race, the top three will be able to earn DRIVECRYPTO rewards . All NFT car owners will be able to sell these NFTs on the first exclusive and car only marketplace – NFT-DriveStore. Its global ambassador – Alex Sperafico, former indy formula driver, released his NFTs in the DriveStore and they sold out in minutes.
Drive Crypto also aims to contribute to the construction of the necessary infrastructure to meet the demand for charging electric cars, as part of the profit from Drive Crypto will be used to install physical charging stations for electric cars and thus help fight climate change by generating carbon credits . It goes beyond a GameFi/SocialFi project to change environmental thinking through a long-term web3 ecosystem. Public test download of the App drive to earn is already happening now, users can easily find the information on the DRIVECRYPTO website.
About DRIVECRYPTO Token
DRIVECRYPTO is the native token of the Drive Crypto ecosystem. Based on BEP-20, it has a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 7% are given for private sale, 10% are given for public sale, 30% are allocated for Drive-to-Earn -rewards, 12% is given to charging stations, 2% is given to advantage club, another 2% is given to special prizes, 12% is given to the team, 0.5% is given to liquidity pool, 15% will be used for marketing, 0, 5% is given to the airdrop, 5% goes to the LP reserve fund, and the rest 4% is given to staking.
It taxes a total of 10% on each transaction, of which 2.5% is given to additional liquidity, 2.5% is given to development, 2% will be used for marketing on each purchase and 4% is used on each sale, 2% is only for reflection at each purchase and the rest 1% will be burned, reducing the amount of available tokens. Token burning will take place until 50% of the supply is burned (500 million tokens). Once this combustion is achieved, no further burns will occur.
The DRIVECRYPTO token will be listed on the LBank Exchange at 23:00 (UTC+8) August 9, 2022, investors interested in Drive Crypto investment can easily buy and sell DRIVECRYPTO token on LBank Exchange by then. The listing of the DRIVECRYPTO token on the LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn more about DRIVECRYPTO Token:
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various cryptoassets. LBank Exchange provides its users with secure crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.
Start trading now: lbank.info
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LBK Blockchain Co. Limited
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