Tech Start-Up Charg Coin brings Ethereum blockchain technology to a predicted $11.6tn industry. The Charg app connects Electric Vehicle (EV) frivers with charging station owners to create a secure marketplace for anyone to sell electricity. The platform ICO ends 31st December 2017.
Charg Coin is the first to address the issue of finding a charging station and creating a secure marketplace for the sale of electricity to electric vehicles being created by Tesla, BMW, Nissan, Ford, Kia, GM and other major vehicle producers.Charg is already fulfilling their platform’s intentions by releasing MVPs for the Charg station finding app, station node. and affiliate bounty programme dashboard. The ICO began on 16th November, has currently raised $100,000+ and runs until 31st December 2017.
Charg’s blockchain technology allows easy energy distribution using Ethereum smart contracts. It offers anyone in the world the ability to lease their power and provides a low cost of entry. People will find that making money from their home is incredibly easy with the Charg platform.
In addition to creating more EV charging spots, the Charg app accesses a database of all pre-existing charging locations in the world and allows the driver to find a station within easy reach. If there are no commercial stations around, it is likely drivers will find a monetised Charg station and be able to pay instantly via their phone.
Working with a team of advisors Josef Kulovany, CEO and 13 year tech industry veteran, planned a smaller soft cap, a calculated release of coins and incredible coin utility to create sustained growth once Charg Coin hits exchanges.
Interested parties have the limited opportunity to purchase tokens at charg.io through 31st December 2017. Following the ICO, Charg Coin will be listed and tradeable through the major cryptocurrency exchanges. They can also use Charg Coin to pay for EV charging or hold onto Charg Coin long term and watch the value grow as Charg Coin reshapes the transitioning 11.6 trillion dollar fuel industry.