The $TUK token presale has officially crossed the $190,000 milestone this week as investors rush for the potential of long-term passive rewards.
Investors believe that the innovative electric vehicle solutions from eTukTuk will help the $TUK token grow in value as the charging infrastructure grows.
As a result, it’s evident that they’re keen to become early adopters in this rising star – touted as becoming the sustainability project of the decade for developing countries.
TUK Token Crosses $190,000 Milestone as Investors Rush to Passive Income
Investors are rushing to the opportunity for passive income through $TUK as its presale crossed the $190,000 milestone this week.
Given its speedy increase in the past few days, it’s clear that traders are backing this project with a 50x return potential.
$TUK is the native token behind the eTukTuk project, which seeks to bring affordable EV solutions to developing nations.
eTukTuk has designed a groundbreaking three-wheeler EV destined to replace the carbon-emitting tuk-tuk in the developing world.
$TUK will power the transportation revolution and provide earnings to holders as drivers charge the EVs at one of the eTukTuk charging stations.
As the charging infrastructure continues to grow, the collective passive income yield earned by stakers will increase.
The good news is that eTukTuk is well ahead of schedule as it seeks to launch its EV solutions in Sri Lanka by the end of the year before its global expansion.
eTukTuk Brings Innovative EV Solutions to Developing Nations
eTukTuk is described as one of the most important sustainability projects of the decade.
It seeks to bring affordable EV solutions to the developing world, helping them shift toward sustainable transportation.
Although Tesla continues to make great strides in the developed world, its tech is still too expensive for the less privileged.
However, eTukTuk wants to change this dynamic by bringing a suite of EV solutions that are affordable to local communities in the developing world.
With the region facing a major health crisis due to pollution, it’s clear that the shift toward carbon-neutral transport needs to happen sooner rather than later.
eTukTuk is starting its EV solution with a three-wheeler EV, designed to replace the legendary tuk-tuk.
With over 270 million tuk-tuks registered in the world, they are one of the most important transportation methods for developing nations.
These nippy vehicles are used to weave in and out of traffic to transverse populated streets.
Although versatile, the tuk-tuk is proven to emit more carbon emissions than traditional cars, making them a significant contributor to global air pollution.
eTukTuk aims to change this through its EV solution.
Groundbreaking EV Design Ready for Sri Lanka Roll Out
eTukTuk has spent over five years perfecting its three-wheeler EV design and is ready to start its rollout in Sri Lanka this year.
With over 2.7 million tuk-tuks in the country, Sri Lanka serves as the perfect testbed to set the blueprint for eTukTuk before it starts a global expansion.
eTukTuk has partnered with the Capital Maharaja Group (CMG) for Sri Lanka, serving as its territory partner.
The partnership is designed to facilitate the growth of the network throughout the country, helping eTukTuk strategically place charging stations to ensure accessibility for drivers.
The eTukTuk is designed to be safer and more reliable than the traditional tuk-tuk, with a patented roll cage design and an LFP battery.
The product can be manufactured locally, helping to drive down costs by up to 78% – making them accessible to the local population.
With fewer than 200 components, eTukTuk can take its manufacturing to a wide range of developing countries – helping to create jobs in the region.
Our dedicated teams are tirelessly working, both on and off the blockchain, to construct an ecosystem that places utmost importance on safety and security.
Here’s an exciting glimpse into our latest prototype testing.
— eTukTuk (@eTukTukio) July 19, 2023
As a result, eTukTuk estimates that drivers will take up to 400% extra in pay due to the decreased operational costs.
With the two and three-wheeler EV sector expected to become the largest by 2030, eTukTuk is leading the charge by creating innovative solutions in the sector.
By becoming a market leader, eTukTuk ensures $TUK holders benefit as they continue to drive innovation in the developing world and expand its infrastructure.
Overall, eTukTuk wants to build a dynamic multi-revenue model that helps to balance sustainability with innovation.
Get Positioned Today for Early Adopter Prices
The good news is that you’re still early to the party, as you still have the opportunity to become an early adopter of this innovative project.
Although the presale is quickly rising, there’s still time to get positioned in the $TUK token at the ground level.
Currently, $TUK can be purchased for $0.0245.
However, there is a rising pricing strategy, meaning those who invest earlier benefit the most as they leave the presale with higher returns.
Overall, with its groundbreaking three-wheeler EV design and rollout scheduled for the end of the year, $TUK could be one of the most lucrative investment opportunities with 50x returns.