Czeromobility Electric Vehicles’ Ecosystem On Blockchain

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About Czeromobility

Czeromobility in recent years, climate change and energy security concerns have given rise to a major need to switch to green energy. Majority of the oil imports for most nations are due to the demand in transportation sector. Growing concerns for environment and energy security clubbed with rapid advancements in technologies and innovative newer business models are transforming the automotive business. Automotive industry globally is at the cusp of a major transformation. Today electric mobility is the greatest opportunity for the planet to utilize abundance of clean energy and gradually exit from fossil fuel.

Czeromobility Electromotive & Ecosystems is a startup based out of India and is a recognized startup by Govt. India and the state province Odis-ha as well. C Zero is a disruptive startup fully focused on the complete ecosystem around adoption of Electric Mobility and its sustainable future. Team C Zero consists of people having decades of experience in high end technologies, software and business entrepreneurship with education degree from top Indian universities.

Basic Information

NameCzeromobility
Token symbolCZMT
Social MediaBitex Ico Review : first locally-embedded crypto-bankBitex Ico Review : first locally-embedded crypto-bankKoynce Ico Review: Cryptocurrency brought opportunity however up to this point
Language English
Project protocolERC20
Exchange rate1 ETH = 5000 CZMT @ Stage 1 of Presale
Soft cap$2M
Hard Cap$30M
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

How does it work?

Each of the devices are fitted with IOT chip. These chips will keep sending consumption details such as electricity in kw or distance driven. These IOTA transactions gets recorded in C ZERO Network Block-chain which is a low latency MERCER network. Based on usage and transactions, upon certain threshold crossed, rewards are credited to users wallet. User can either spend those tokens in the C ZERO network for various services or exchange the reward points to public tokens on Reuther main network. Thus our users are Czeromobility miners. This will give rise to adoption of electric vehicles.

Problem

Electric mobility is the greatest opportunity for the planet to utilize abundance of clean energy and gradually exit from fossil fuel. However, there are various challenges that need to be addressed to give enough momentum to electric mobility before the planet suffers an irreversible damage. Prohibitive cost of batteries, slow charging, limited life of batteries and meager numbers of charging infrastructure, associated support and service are to name a few challenges to be addressed.

Solution

With patented products, Czeromobility has developed and patented several products such as smart charging station, wireless charger, battery swapping station and a few more. All these infrastructure components will be brought on to a block-chain. Every such device and electric vehicles will be fitted with an IOT chip. These IOT devices will send usage information such as distance traveled, or electricity consumed in kilowatt. CZMT Coin is backed by the carbon emission savings done using electric vehicles instead of fossil fuels.

Vision & Mission

To create a sustainable ecosystem around Electric Mobility by creating technically prudent, yet affordable EV infrastructure components and an omnipotent monitoring & support system which encourages mass adoption of EV’s & transit to clean energy conveniently in a cost-effective way.

The Blockchain of CZMT token

To increase the usage of Ecofriendly transportation & increased public awareness & keenness towards crypto currencies, CZero has introduced a reward token system named CZMT which will be like carbon credits for individuals. The intent is to let people associated with the CZero ecosystem earn these crypto tokens proportionate of their usage of the CZero ecosystem.

Token Distribution

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57.1%
  sale to community
37.5%
 For IOT transaction
5.7%
 Team, Founders
1.5%
Advisers, Legal

The formulas and sample calculation

  • CZMT Coin is backed by the carbon emission savings done using electric vehicles instead of fossil
    fuels.
  • About 10 kg. or 20 pounds of carbon dioxide is produced when a gallon of gasoline is burnt.
  • Traditional car travels 20 miles per gallon, hence per mile, it generates 1 pound of carbon dioxide.
  • Electric vehicles consume approximately 0.2 kWh electricity per mile.
  • CZERO Token is pegged to 100 pounds of CO2 savings or per 100-mile travel.
  • 1 CZERO Token = 100 pounds of CO2 savings (or 100-mile travel for a normal car)
  • CZERO has a difficulty factor of 0.95, i.e. every year he will receive 95% of previous year’s rewards.
  • An average young American male drives appx. 15000 miles a year.

Also check –  Menlo Ico Review: The Framework for Scaling the Token Economy

Team

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MemberPratik Batra – Co-Founder & CEO

Madhu R – Co-Founder

Vijay Bhaskar – Co-Founder

Vaibhav VK – Engineering

Gaurav Singh – Engineering

James Bonander – Domain Advisor

Read more info reviews link:

WEBSITE: https://token.czeromobility.com/

WHITEPAPER: https://token.czeromobility.com/wp-content/uploads/2018/05/CZeroMobility_Whitepaper_v1.0.pdf?x30367

ANN THREAD : https://bitcointalk.org/index.php?topic=3575485.0

Author: luioanh
Profile: https://bitcointalk.org/index.php?action=profile;u=1233872

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