Crypto’s Most ESG-Friendly Project C+Charge Secures March 31st BitMart CEX Listing – Raises $2.9M and $CCHG Token Sells Fast

Tuesday 7 March 2023 – The one C+Charge (CCHG) electric vehicle (EV) charging platform has revealed its plans to do a direct listing on the BitMart exchange on March 31.

Currently in pre-sale, this is the first listing announcement from the sustainable crypto platform that enables EV drivers to earn carbon credits when they charge using the platform’s upcoming smartphone app.

Launched in March 2018, BitMart is ranked 29th in the world by the top crypto data website Coinmarketcap.com. Headquartered in the Cayman Islands, the exchange has a 24-hour trading volume of more than $500 million.

Available in 180 countries, BitMart’s exchange service offers more than 700 trading pairs, which from March 31 will include CCHG/USDT.

C+Charge has raised $2.9 million from investors who have bought into its mission to democratize the carbon credit industry.

The project is nearing the end of the fifth of the eight stages of the pre-sale. CCHG will rise in price from $0.01800 to $0.01900 in step 6.

On March 29, the presale will end when the 8th stage closes, at which point the token will be priced at $0.02350.

Those who bought tokens in the first stage when the CCHG price was marked at $0.01300 will see their holdings valued at an 80% premium at the end of the presale, even before the token starts trading on BitMart.

However, the run rate of the token sale is likely to increase as the pre-sale progresses, so potential buyers are encouraged to take advantage of the lower prices available to those who buy now. Stage 5 ends in one day.

C+Charge will start weekly burning of any tokens remaining from presale stages

In other news, since last week, C+Charge has started burning all tokens that have not been sold in their respective pre-sale phase. Each pre-sale stage lasts one week.

The first incineration took place on 22 February at 18:10 +UTC, and 35,658,291 from Stage 2 were removed from circulation. The transaction hash can be seen here: https://bscscan.com/tx/0x4ec215ea76b33b760e84fbf67ebc0dd2dfc85ba1c667617e71bf477f24e1de91

The second burn – of 35,815,716 CCHG tokens from Stage 3 – took place on February 28 at 21:48 +UTC and can be seen here: https://bscscan.com/tx/0x0768484a7c9cd24f623c015d38acc2013985ed375b4d57cea6cb87863c8ca2f2.

Burning unsold tokens has the effect of increasing the value of the remaining tokens, thereby benefiting existing holders of CCHG.

CCHG had a total supply of 1 billion when the pre-sale started in early February.

In addition to the new burning program, potential token holders now have the option to use ETH as a payment method to acquire tokens. Tether stablecoin (USDT) is also an accepted payment method and includes BEP-20 and ERC-20 versions.

If buyers don’t have BNB or ETH in their crypto wallet, they can use regular fiat on a card to buy.

C+Charge’s use case as a tool to mitigate the impact of climate change by extending the reach of carbon credits to EV drivers means it is sure to be in demand as EV adoption continues apace.

Potential token holders of the CCHG token need to move fast to beat the next price increase on March 1st.

Those who buy CCHG today in stage 4 will be in line for a nominal return of 35% when the pre-sale ends on March 29 (see table below).

There is no vesting period for pre-sale buyers.

C+Charge will deliver a seamless payment system for charging networks for electric cars

Through the collaboration with Flowcarbon, electric car owners will be able to earn carbon credits in the form of Goodness Native Token (GNT) every time they charge.

A carbon credit allows the emission of 1 tonne of a greenhouse gas.

The GNT token represents a verified voluntary carbon credit, backed by major venture capital firms a16z Crypto and Samsung Next as well as fund manager Invesco.

Moreover, C+Charge provides a universally accessible payment system that does not require network administrators to install expensive point-of-sale equipment – ​​drivers simply use the CCHG token to pay.

It also gives EV drivers a way to reliably find stations that are up and running without issue, while also giving fleet managers a way to monitor and, in some cases, remotely fix issues with specific toll stations.

Another annoying feature of the current setup is the way each charging station provider has different ways of measuring payments – C+Charge also eliminates this problem.

At the heart of the C+Charge ecosystem is a powerful smartphone app.

The app tracks users’ earned carbon credits, provides payment options, locates the nearest charging stations, calculates waiting times, enables the earning of CCHG rewards as part of the reflection program for making purchases on the app and facilitates the conversion of carbon credits into tradable NFTs.

C+Charge is the supercharging use of electric vehicles and the rollout of stations

The way carbon credits are skewed towards big business is holding back EV adoption and the rollout of charging infrastructure.

Carbon credits are often used by large companies as a tax they are willing to pay to pollute.

Winners in the current carbon credit system are supposed to be those who produce or use goods that allow the use of less carbon – but electric car drivers are unfairly excluded.

The carbon credit industry was worthwhile 760 billion dollars in 2021 and it is estimated that it will grow to over $2.4 trillion by 2027. Democratization of the industry will benefit consumers, businesses and non-profit organisations. Currently, large businesses get all the benefits, with consumers and small and medium-sized businesses largely locked out.

C+Charge harnesses the power of blockchain technology to make peer-to-peer payments easy to use and secure. Consumers get rewards and charging station owners and managers can inject greater efficiency into their operations.

By contributing to the C+Charge pre-sale, investors are leading the charge in environmental, social and governance (ESG) investing, while potentially profiting from the transition to a carbon-neutral future as more electric vehicles are powered by C+Charge- technology.

To celebrate the launch of the pre-sale and the rapidly growing community, C+Charge is hosting a $50k contest. Listing details are available here. The competition ends in 24 days.

Visit C+Charge Now