Egochain (EGAX)

IDO

Last updated: Jun 05, 2024

Egochain: Incentivized Operating System for Electric Vehicles Powered by Blockchain Technology. Egochain envisions a future where EVs are not just a novelty, but a readily accessible and affordable transportation option for all.

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Overview

Project industry	Energy & Utilities
Project launchpad	Spores Network Launchpad
Product type	Protocol
Founded	Nigeria
Whitepaper	Open

Bounty

What is Egochain

Egochain spearheads the revolution in next-generation electric vehicle technology through its pioneering decentralized operating system.

Leveraging the world's fastest blockchain specifically designed for real-world applications and readily deployable Web3 modules, Egochain fosters a robust ecosystem primed for mass adoption.

Its dApps boast unrivaled interoperability, scalability, and true decentralization, empowering millions to seamlessly integrate into the future of EV mobility.

Details

IDO (Spores Launchpad): Jun 06, 2024 - Jun 07, 2024
Token supply: 20,000,000 EGAX

Legal

Country limitations: Afghanistan, Angola, Azerbaijan, Bahamas, Bosnia and Herzegovina, Botswana, Burundi, Cambodia, Cameroon, Canada, Chad, China, Congo (Congo-Brazzaville), Cuba, Democratic, Republic of the Congo, Eritrea, Ethiopia, Ghana, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Laos, Libya, Madagascar, Mozambique, Nicaragua, North Korea, Pakistan, Serbia, Seychelles, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Trinidad and Tobago, Tunisia, Turkmenistan, Uganda, United States of America, Uzbekistan, Vanuatu, Venezuela, Yemen, Zimbabwe.
Registration year: 2020

Token info

Ticker: EGAX
Type: Utility-token
Token price in USD: 1 EGAX = 4 USD
Token distribution:
80% - EV drivers and Charging station operators
19% - Validators
1% - EGC holders

Egochain Roadmap

Q1 2024

Onboard 5,000 stakers to EgoDAO.
Launch of the Egoras Electric Vehicle (APEX).
Distribute EGAX block rewards to EgoDAO stakers.
Secure listing on a Tier 2 exchange.
Sell 250 tricycles through EgoPay using EGAX

Q2 2024

Accumulate 50,000 Twitter followers.
Reach 30,000 Telegram followers.
Achieve 25,000 downloads of the EgoPay app.
Increase EGC & EGAX daily volume to 500,000 USD.
Begin mass production of the Egoras Electric Vehicle (APEX).
Sell 300 tricycles through EgoPay using EGC & EGAX.

Q3 2024

Sell 100 Egoras Electric Vehicles (APEX) using EGC & EGAX through EgoPay.
Secure listings for EGC & EGAX on multiple Tier 2 exchanges.
Open 20 electric vehicle charging stations (charging fees payable with EGC & EGAX through EgoPay).
Grow Twitter following to 70,000.
Sell 500 tricycles using EGC & EGAX through EgoPay.

Q4 2024

Open 40 additional electric vehicle charging stations (charging fees payable with EGC & EGAX through EgoPay).
Sell 500 tricycles using EGC & EGAX through EgoPay.
Achieve 100,000 downloads of the EgoPay app.
Sell 400 Egoras Electric Vehicles (APEX) using EGC & EGAX through EgoPay.
Secure a listing on a Tier 1 exchange.