Press Release
PRESS RELEASE INTERNET CITY, DUBAI, Aug 8, 2022. – LBank Exchange, a global digital asset trading platform, will list Drive Crypto (DRIVECRYPTO) on August 9, 2022 For all LBank Exchange users, DRIVECRYPTO/is USDT
as the first Web3 mobility app developed using the Drive-to-Earn concept and elements of GameFi/SocialFiDrive Crypto (DRIVECRYPTO) allows users to earn cryptocurrency while driving in unique and rare NFT vehicles. Its native token DRIVECRYPTO will be listed on the LBank Exchange on August 9, 2022 at 23:00 (UTC+8) to further expand its global reach and help achieve its vision.
Introduction to Drive Crypto
Drive Crypto is the first web3 mobility app based on the Drive-to-Earn concept that brings together GameFi/SocialFi. It is built around a daily task that is essential for most people: using a vehicle to get from one place to another. It is the first encrypted space project that effectively realizes the concepts of mobility and functional benefit.
The user is equipped with an electric vehicle and NFT in the form of electricity and calculates each KM traveled while driving the vehicle. Through this activity, the user earns in-game currency that can be used in-game or transferred to a wallet. Each NTF car is only available in one edition and no two types exist, making them extremely rare and valuable.
In addition to winnings in Drive-to-Earn mode, NFT cars can also be used in the racing game mode to compete with other users in Fast & style races. The top three winners of the race will earn DRIVECRYPTO rewards, and all owners of NFT cars will be able to sell their NFTs on the NFT-DriveStore, the first dedicated marketplace for NFTs. Global ambassador Alex Sperafico, a former Indy Formula driver, made his NFT available on DriveStore and it sold out within minutes.
Drive Crypto also aims to contribute to the development of infrastructure to meet the demand for electric vehicle charging, and a portion of Drive Crypto’s proceeds will be used to install physical charging stations for electric vehicles and help combat climate change by generating carbon credits. Drive Crypto is not only a GameFi/SocialFi project, but also a long-term Web3 ecosystem to change the environmental mindset. download of the “drive to earn” app is now available for public testing on the DRIVECRYPTO website. {DRIVECRYPTO is the native token of the Drive Crypto ecosystem. There is a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 7% will be allocated to private sales, 10% to public sales, 30% to Drive-to-Earn rewards, 12% to recharge stations, 2% to merit clubs, another 2% to special awards, 12% to teams, 0.5% to liquidity pool, 15% to Marketing, 0.5% to Airdrop, 5% to LP Reserves, and the remaining 4% to Staking.
A total of 10% is taxed on each transaction, of which 2.5% goes to additional liquidity, 2.5% to development, 2% to marketing at each purchase, 4% at each sale, 2% to reflection only at each purchase, and the remaining 1% is burned, reducing the amount of tokens available. Token burning will continue until 50% of the offering amount (500 million tokens) has been burned. Once this burn is achieved, no further burning will occur.
DRIVECRYPTO tokens will be listed on the LBank Exchange on August 9, 2022 at 23:00 (UTC+8), and investors interested in investing in Drive Crypto can easily buy and sell DRIVECRYPTO tokens on the LBank Exchange before then. The listing of DRIVECRYPTO tokens on the LBank Exchange will undoubtedly help DRIVECRYPTO to further expand its business and gain more attention in the market.
Learn more about DRIVECRYPTO Tokens:
Official Website https://drivecrypto.io/en/
Telegram. https://t.me/drivecrypto_official
Twitter https://twitter.com/drive_crypto
Instagram https://www.instagram.com/drivecrypto/
About LBank Exchange
Established in 2015, LBank Exchange is an innovative global trading platform for various crypto assets.LBank Exchange provides users with secure crypto trading, professional financial derivatives, and professional asset management services. It currently has over 7 million users from more than 210 regions worldwide, making it one of the most popular and trusted crypto trading platforms.
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This is a press release. Readers should exercise their own due diligence before taking any action related to the advertised company or its affiliates or services. or for any damage or loss caused or alleged to be caused, directly or indirectly, by the use of or reliance on the content, goods or services described in this press release.
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