Earn money with car sharing

Earn money with car sharing

With a specially developed “Tokenization as a Service” platform, Eloop will make this concept available for other applications in the energy and mobility sectors in the future. The project is now receiving strong tailwind from the innovation fund of the Swiss energy company Energie 360°, which specializes in sustainable energy and mobility solutions and is investing millions in Eloop. "We understand 'sharing' not only as the shared use of physical assets, but also as a participation in the sales that they generate. In the case of our e-car sharing offer, the assets in question are e-cars, but they could also be, for example, solar panels, wind turbines, e-scooters or electric bicycles," explains Nico Prugger, one of the four founders and CFO of ELOOP.

Blockchain technology provides the technical basis for implementing such “sharing”. Eloop's electric cars are mirrored in the digital world as a Decentralized Physical Infrastructure Network (DePIN). This network exists on the blockchain and enables electric cars to be represented as digital assets (tokens). The more tokens a person owns, the larger their share of sales from the tokenized assets. ELOOP's DePIN now consists of almost 100 Teslas (around half of the entire fleet), of which 23 vehicles have been tokenized so far. Of the 1,870,000 Eloop One tokens in circulation, just under 8,000 are currently still available. One Eloop One token currently corresponds to 1.20 euros. Both companies and private individuals can benefit from the Eloop Network. For example, you can participate in a PV system, thereby making a contribution to overcoming the climate crisis and at the same time earning money from the electricity generated.

“Eloop is doing pioneering work in the field of mobility, and we are excited to take the next step together and open up the idea of ​​tokenization to other business areas,” explains Metin Zerman, Head of Start-up Investments at Energie 360°’s Smart Energy Innovation Fund. "What particularly impresses us about the e-car sharing concept and the new platform is the activation and integration of the community. We see great potential for this form of sharing, particularly in solar energy." According to Nico Prugger, how well the community accepts the Eloop concept is not only reflected in the sales figures for the Eloop One Tokens. "Many of our token holders also use the e-cars themselves - and do so extremely carefully and diligently. In our experience, sharing in the driving revenue creates a middle ground between e-car sharing and private cars.