ELOOP Brings Decentralized Revenue-Sharing Through Tokenized Tesla Fleet
Holders of the ELOOP ONE token are able to share in the revenue the Vienna-based startup makes from its tokenized Tesla fleet, with the option to receive payouts in Euros or driving credits for their e-car sharing service.
Vienna-based e-car sharing service ELOOP has introduced a tokenized Tesla fleet in partnership with the Peaq Network to enable decentralized revenue-sharing using its $EOT token that allows holders to earn together with the company on rides made using select vehicles.
According to the official website, the tokenized fleet consists of 21 Tesla Model 3s and 2 Tesla Ys that generate revenue stored on the blockchain while providing rides that are friendly to the environment. By owning $EOT, described as the first security token that enables participation in revenue-sharing through a fleet of electric cars, holders get a share of the profits that are automatically split 50/50 between ELOOP and token holders. Payouts are flexible, meaning that users have the option to choose whether they want to receive earnings in Euros or have them converted into ELOOP driving credits. These payments are made on the 15th every month and require to be a minimum of 10€ in order to successfully cash out to your bank account, with EU-Ibans not paying any fee, while non-EU Ibans are subject to a certain fee.
The website states that 98% of 1.87 million tokens have been sold so far, with each ELOOP ONE token valued at 1.20 EUR per token, so there still may be time to purchase directly from the car-sharing service through the token’s official website by creating a KYC-verified account, with the limit per account being up to 4150 tokens by law, though users interested in buying larger quantities may be able to do so by filling in a subscription form received by contacting the startup’s support via email.
Full information can be found in the official website here.