{"id":220671,"date":"2024-04-05T03:36:30","date_gmt":"2024-04-05T03:36:30","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/05\/eco-friendly-blockchain-project-etuktuk-nears-3m-mark-in-crypto-presale\/"},"modified":"2025-06-25T17:19:16","modified_gmt":"2025-06-25T17:19:16","slug":"eco-friendly-blockchain-project-etuktuk-nears-3m-mark-in-crypto-presale","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/05\/eco-friendly-blockchain-project-etuktuk-nears-3m-mark-in-crypto-presale\/","title":{"rendered":"Eco Friendly Blockchain Project \u2018eTukTuk\u2019 Nears $3M Mark in Crypto Presale"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Eco friendly blockchain project <a href=\"https:\/\/readwrite.com\/visit\/etuktuk\" rel=\"nofollow noopener\" target=\"_blank\">eTukTuk (TUK)<\/a> is nearing a key milestone in its crypto presale, with close to $3 million raised. The new crypto-based initiative focuses on promoting sustainable global transportation solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At its core, eTukTuk aims to replace traditional fossil fuel-powered tuk-tuks with eco-friendly electric counterparts called \u201ceTukTuks,\u201d powered by solar energy.<\/span><\/p>\n<h2>What is eTukTuk?<\/h2>\n<p><span style=\"font-weight: 400;\">eTukTuk central objective is to transition developing countries from using traditional tuk-tuks that rely on fossil fuels to more sustainable, environmentally friendly electric vehicles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By utilizing the <a href=\"https:\/\/www.bnbchain.org\/en\/bnb-smart-chain\">Binance Smart Chain (BSC)<\/a>, the project boasts low transaction fees while aligning with environmental sustainability goals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">eTuTuk\u2019s mission is to drive developing countries towards a sustainable future through accessible electric vehicles (EVs) and charging infrastructure.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-269627 \" alt=\"eTukTuk\" width=\"1345\" height=\"511\" srcset=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT.png 1765w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-300x114.png 300w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-900x342.png 900w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-260x99.png 260w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-1536x584.png 1536w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-1568x596.png 1568w\" data-lazy-sizes=\"(max-width: 1345px) 100vw, 1345px\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT.png\"\/><noscript><img decoding=\"async\" class=\"aligncenter wp-image-269627 \" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT.png\" alt=\"eTukTuk\" width=\"1345\" height=\"511\" srcset=\"https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT.png 1765w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-300x114.png 300w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-900x342.png 900w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-260x99.png 260w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-1536x584.png 1536w, https:\/\/readwrite.com\/wp-content\/uploads\/2024\/04\/NMT-1568x596.png 1568w\" sizes=\"(max-width: 1345px) 100vw, 1345px\"\/><\/noscript><\/p>\n<p><span style=\"font-weight: 400;\">By introducing electric TukTuks, the project seeks to enable drivers to transition seamlessly to zero-emission transportation \u2013 a shift that <\/span><span style=\"font-weight: 400;\">not only reduces CO2 emissions but also promotes financial inclusion and fosters a green ecosystem in these nations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the key features of eTukTuk include the native TUK token, used for transactions within the network, and the potential to earn staking rewards \u2013 currently over 90% APY. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, eTukTuk plans to leverage AI technology to optimize charging station locations and enhance operational efficiency, further solidifying its commitment to sustainability and economic viability.<\/span><\/p>\n<h2>Partnerships and Global Expansion Plans<\/h2>\n<p><span style=\"font-weight: 400;\">eTukTuk has forged strategic partnerships with influential organizations to drive its mission forward. Notably, the project has collaborated with <a href=\"https:\/\/medium.com\/@etuktuk\/capital-maharaja-group-announced-as-shareholder-d4d4c7457370\">The Capital Maharaja Group<\/a> and the Sri Lankan government, securing over 200 charging station locations across the country.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This partnership indicates benefits for motorists and a 400% reduction in operating costs for drivers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Sri Lanka serves as the initial launching pad, eTukTuk has plans for further expansion, with its sights set on nations where tuk-tuks are a prevalent mode of transportation, such as Africa, Thailand, and India. This move aims to introduce eco-friendly eTukTuks to a broader market, further amplifying the project\u2019s impact on sustainability and accessibility.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-234679 size-full\" alt=\"eTukTuk home\" width=\"1438\" height=\"537\" srcset=\"https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home.png 1438w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-300x112.png 300w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-900x336.png 900w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-260x97.png 260w\" data-lazy-sizes=\"(max-width: 1438px) 100vw, 1438px\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-234679 size-full\" src=\"https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home.png\" alt=\"eTukTuk home\" width=\"1438\" height=\"537\" srcset=\"https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home.png 1438w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-300x112.png 300w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-900x336.png 900w, https:\/\/readwrite.com\/wp-content\/uploads\/2023\/08\/eTukTuk-home-260x97.png 260w\" sizes=\"(max-width: 1438px) 100vw, 1438px\"\/><\/noscript><\/p>\n<p><span style=\"font-weight: 400;\">In Sri Lanka, eTukTuk has secured strategic locations in Colombo and will leverage AI technology to optimize the placement of charging stations along popular routes. This data-driven approach is designed to enhance driver efficiency and ensure seamless integration of the eTukTuk network into existing transportation systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, eTukTuk has garnered support from the United Nations Development Programme (UNDP) in Sri Lanka. This collaboration aims to boost the adoption of e-mobility in the country, contributing to the creation of a greener, cleaner, and more inclusive Sri Lanka.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another aspect of this initiative involves converting traditional petrol three-wheelers to e-Tuk Tuks, easing the impacts of the economic crisis, enhancing mobility, and reviving small and medium enterprises (SMEs) as well as essential services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through these partnerships and strategic expansion plans, eTukTuk seems to be well-positioned to drive the transition towards sustainable transportation solutions, not only in Sri Lanka but also in other regions where tuk-tuks play a vital role in daily commuting and commerce.<\/span><\/p>\n<h2>Hard Cap and Tokenomics of eTukTuk Presale<\/h2>\n<p><span style=\"font-weight: 400;\">The hard cap for eTukTuk\u2019s presale is set at $10.7 million, representing the maximum amount of funds the project aims to raise during this fundraising phase. Regarding tokenomics, eTukTuk has strategically allocated its total token supply of 2 billion TUK tokens.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, 21.5% of the total supply (430 million tokens) is dedicated solely to staking rewards, incentivizing long-term investment and participation. Other allocations include 7% for liquidity and 9.75% for the presale, indicating a balanced and sustainable distribution.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project\u2019s team has also passed a security audit by <a href=\"https:\/\/coinsult.net\/projects\/etuktuk\/\">Coinsult<\/a>, enhancing investor confidence in the integrity and structure of the TUK token.<\/span><\/p>\n<p><iframe title=\"NEW CRYPTO PRESALE! GROUND FLOOR! AI CRYPTO + ELECTRIC CAR TECH!\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/aO1vHOAg3Yc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><noscript><iframe title=\"NEW CRYPTO PRESALE! GROUND FLOOR! AI CRYPTO + ELECTRIC CAR TECH!\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/aO1vHOAg3Yc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/noscript><\/p>\n<p>The project\u2019s marketing efforts have included sponsored videos on some of the largest crypto YouTube channels, such as a review by Austin Hilton for his 266,000 subscribers.<\/p>\n<p><span style=\"font-weight: 400;\">Currently, 1 TUK is priced at $0.0295, and investors can purchase TUK tokens on the <a href=\"https:\/\/readwrite.com\/visit\/etuktuk\" rel=\"nofollow noopener\" target=\"_blank\">eTukTuk.io website<\/a> using BNB, USDT, or debit\/credit cards. After the conclusion of its crypto presale, eTukTuk plans to list the TUK tokens on multiple CEX and DEX platforms.<\/span><\/p>\n<h2>Conclusion<\/h2>\n<p><span style=\"font-weight: 400;\">As eTukTuk garners support during its presale, raising substantial capital, it presents a vision for sustainable transportation solutions. By leveraging blockchain technology and electric vehicles, the project aims to address environmental concerns while promoting economic opportunities in developing nations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, even though eTukTuk\u2019s mission aligns with noble goals, investors should carefully evaluate the project\u2019s roadmap, fundamentals, and overall viability before making any financial commitments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors should also watch how the broader crypto market performs in the weeks ahead of highly-anticipated Bitcoin halving that\u2019s now just days away.<\/span><\/p>\n<h3>Related<\/h3>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/readwrite.com\/eco-friendly-blockchain-project-etuktuk-nears-3-million-mark-in-crypto-presale\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Eco friendly blockchain project eTukTuk (TUK) is nearing a key milestone in its crypto presale, with close to $3 million raised. The new crypto-based<\/p>\n","protected":false},"author":1,"featured_media":220672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[152],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220671"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=220671"}],"version-history":[{"count":3,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220671\/revisions"}],"predecessor-version":[{"id":330667,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/220671\/revisions\/330667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/220672"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=220671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=220671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=220671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}