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What is the main objective of EcoDrive?

The objective of EcoDrive is to encourage road transport users to drive in eco mode and earn actively tradable crypto tokens for their effort in the reduction of carbon emissions.

Plugin Dapp - Ecodrive
Eco-driving reduce fuel use and greenhouse gas emissions?

Eco-driving reduces participant vehicles' fuel use and greenhouse gas emissions by an average of 5.5%.

Plugin Dapp - Ecodrive
Who are the stakeholders involved in EcoDrive?

The stakeholders include Champions, Appreciators, and Plugin

Plugin Dapp - Ecodrive
What is the business model for consumers participating in EcoDrive?

Consumers do not have to pay an entry fee or subscription as they contribute to a global cause

Plugin Dapp - Ecodrive
How can industries participate in EcoDrive?

Industries can pay a subscription fee to purchase carbon credits, access various NFTs created by EcoDrive, and receive a digital certificate powered by Blockchain technology.

Plugin Dapp - Ecodrive
What is the business model for the platform itself?

The platform earns subscription fees from industries, administrative fees when purchasing carbon credits.

Plugin Dapp - Ecodrive
How does EcoDrive work in terms of monitoring carbon emissions?

EcoDrive uses an IoT-based OBD sensor to measure the average speed of the vehicle and total kilometers driven to calculate the reduction of carbon emissions without human intervention or corruption.

Plugin Dapp - Ecodrive
What role does the decentralized oracle play in EcoDrive?

The Plugin's decentralized oracle transfers OBD sensor data to the Blockchain protocol to generate new forms of NFT tokens called CRT (Carbon Reduction Tokens).

Plugin Dapp - Ecodrive
Can consumers earn tokens for other eco-friendly actions besides eco-driving?

Yes, consumers can also earn tokens for carpooling, which further reduces carbon emissions.

Plugin Dapp - Ecodrive
Are the carbon credits and NFTs obtained through EcoDrive recognized by government and global authorities?

Yes, the certificates of carbon credits authorized by the government and global authorities validate the carbon credits purchased through the platform.

Plugin Dapp - Ecodrive

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