They use gasoline, which is bad for the environment. They produce vast amounts of carbon dioxide, which is causing the planet to overheat. And they emit particulates, which can damage the lungs.
A solution to these problems comes from Dutch entrepreneur Bob Ultee, who produces electric two- and three-wheelers designed for both taxi and delivery drivers in a two-pronged assault on poverty and pollution.
And now he has gone a stage further by embracing cryptocurrency to issue an asset-backed token.
The launch of Bobcoin raised over $12m
Bobcoin (BOBC) was launched last March as an initial coin offering with assets (ICO-WA), raising over $12m. Each coin is fully secured and backed by verified assets.
Now, a year later, existing holders of the Bobcoin will have their coins “defrosted” following a pre-sale listing on Dutch exchange Knaken. Pre-existing owners will have each token converted into 10 coins, with the price also divided in 10.
Ultee is the founder of Bob Eco, a for-profit company that leases electric motorcycles in Africa. Motorcycles make up more than half of all vehicles in Africa – around 100m of them.
Each travels on average 100km, and in most countries in Africa, the money spent on fuel per year exceeds the cost of a new motorcycle.
The company estimates motorcycle taxi owners spend $4.40 daily on fuel and make an average daily profit of only $1.50.
Continue reading: https://beincrypto.com/batteries-and-blockchain-how-technology-is-empowering-africa/
A solution to these problems comes from Dutch entrepreneur Bob Ultee, who produces electric two- and three-wheelers designed for both taxi and delivery drivers in a two-pronged assault on poverty and pollution.
And now he has gone a stage further by embracing cryptocurrency to issue an asset-backed token.
The launch of Bobcoin raised over $12m
Bobcoin (BOBC) was launched last March as an initial coin offering with assets (ICO-WA), raising over $12m. Each coin is fully secured and backed by verified assets.
Now, a year later, existing holders of the Bobcoin will have their coins “defrosted” following a pre-sale listing on Dutch exchange Knaken. Pre-existing owners will have each token converted into 10 coins, with the price also divided in 10.
Ultee is the founder of Bob Eco, a for-profit company that leases electric motorcycles in Africa. Motorcycles make up more than half of all vehicles in Africa – around 100m of them.
Each travels on average 100km, and in most countries in Africa, the money spent on fuel per year exceeds the cost of a new motorcycle.
The company estimates motorcycle taxi owners spend $4.40 daily on fuel and make an average daily profit of only $1.50.
Continue reading: https://beincrypto.com/batteries-and-blockchain-how-technology-is-empowering-africa/
