VeChain, a blockchain platform focused on real-world applications, is taking a step towards a greener future with its recently launched Charge2Earn initiative. This program aims to incentivize electric vehicle (EV) drivers and promote sustainable transportation.
Partnering with EV Leaders
VeChain has joined forces with EVearn.org for Charge2Earn. Notably, the initiative will work exclusively with Tesla, the world’s leading EV manufacturer. This partnership signifies VeChain’s commitment to making a significant impact in the EV space.
The Charge2Earn program utilizes a new app that connects directly to a Tesla’s computer system. This allows the app to monitor a car’s energy consumption and travel distance. Drivers are then rewarded for their eco-friendly habits with charging discounts and other incentives. Additionally, they will receive B3TR tokens, a cryptocurrency within the VeChain ecosystem.
Expanding the Program
According to Sarah Nabaa, a general manager at the VeChain Foundation, the project is looking to expand its reach by integrating more EV models in the near future. She also hinted at exciting updates during the upcoming Hive Summit.
The Hive Summit: A Hub for Sustainability and Innovation
The Hive Summit, taking place on June 28th in San Francisco, serves as a crucial platform for discussions around Web3 and sustainability. Organized by VeChain and the VeBetterDAO, the summit focuses on “community, sustainable development and Web3.” This year’s edition holds particular significance as it marks the official launch of the VeBetterDAO on the mainnet.
The summit boasts an impressive lineup of speakers, including Dr. Bernhard Kronfellner (Boston Consulting Group), Ben Meng (Franklin Templeton), Nobel laureate Sir Konstantin Novoselov, and VeChain founder Sunny Lu. Additionally, leading dApps (decentralized applications) within the VeChain ecosystem will have the opportunity to showcase their innovations at the event.
VeChain’s Sustainability Push
The Charge2Earn initiative exemplifies VeChain’s ongoing efforts to promote sustainability through its VeChainThor blockchain. This latest program joins a growing list of sustainability-focused projects, including partnerships with Concordium (strengthening food supply chains) and UCO Network (oil recycling).
By rewarding eco-conscious behaviors and collaborating with industry leaders, VeChain is well-positioned to play a significant role in the global shift towards a sustainable future.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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