What is Electric Vehicle Zone?
Electric Vehicle Zone is a platform that aims to address the difficulties associated with obtaining electric vehicle chargers. The platform is using blockchain technology to create a reliable and transparent platform for sharing electric vehicle charging infrastructure.
EVZ is using a crypto-powered platform to solve such problems as the geographical spread of the charging points and promote mass adoption of renewable energy, especially in the automotive industry. EVZ has the following three main functions:
- Resolve the shortage of chargers by publishing personal chargers. By doing so, it is pursuing a sharing economy among users and making charges more available.
- Enabling charger roaming. This service enables electric vehicle drivers to charge their vehicles outside the network of their service providers.
- Resolving charger seizures. The project uses the native asset, the EVZ token, to support its reward or punishment systems aimed at encouraging safe charging services. Check the live price chart if you want to know the current Electric Vehicle Zone price.
- Promoting the use of renewable energy. EVZ incentivizes the transmission of renewable energy to the grid (V2G) through electric vehicles.
Based on the EVZ coin, the EVZ shared economy for charging allows every individual to play the roles of a user, charging operator, and power generation operator without any intermediary or central authority.
Use Cases of EVZ Tokens
The Electric Vehicle Zone coin is the fuel that powers the EVZ platform. It incentivizes various activities within the EVZ ecosystem. The Electric Vehicle Zone token is used to reward operators who register with EVZ. It is also used to incentivize operators who offer safe charging points, thereby resolving charger seizures.
Besides, EVZ is listed on crypto exchanges, which accept it as a form of payment. The Electric Vehicle Zone price is determined by market forces.
Additionally, Electric Vehicle Zone crypto assets can be used as a medium of exchange. Users can specify their fees and get paid in EVZ coins.
Don't forget to check the EVZ price chart above.
Who Founded Electric Vehicle Zone?
EVZ was founded in 2018. There is little information about the founders. However, the project has a strong team that is steering it toward its vision. Young-suk Choi is the project’s CEO. Choi is an expert in convergence services between IT and automobiles. He has worked on reputable projects and organizations. He is the director of the Korea Electric Vehicle Association.
Tokenomics of EVZ Tokens
Electric Vehicle Zone token has a maximum supply of 8,420,257,832 EVZ. The fixed token supply protects EVZ prices from undesirable long-term inflation. Users can receive the tokens from the platform as an incentive or buy them on the exchanges that list the asset.
