Litepaper – Pedal2Earn

Pedal 2 Earn Litepaper

WHAT IS Pedal 2 Earn

World’s first Web3 cycling application that uses blockchain technology along with Game-fi, Social-fi, De-fi techniques to promote and reward cycling as a sustainable mode of transportation.

Cyclists connect any manual bike to the mobile application through an easy to self-install hardware and start earning.

Accountability + Mass Adoption = Sustainable Development

revenue Model

Pedal 2 Earn is free to use for any cyclist all over the world. We take trading fees for in-app activities like levelling up in-app bike, reduction, producing charges and trading Carbon Credits etc. Other revenue streams involve branded partnerships and promotions. All assets in the Pedal2Earn app are owned by user cyclists and majority of earnings in app will be earned by users.

OUR PARTNERSHIP

Pedal 2 Earn want to initiate and support the global partnership of cycling movement, civil society organizations and experts for sustainable development and promotion of cycling worldwide.

Our Mission: To become the world's largest community-based Web3 cycling App to reach United Nations Sustainable Development Goals.

The token

The Tokenomics of Pedal 2 Earn have been designed to create a self-sustaining economy driven by The Cycle and Green Cycle Token. New and seasoned cyclist are rewarded for their activities; whether it’s simply biking to work, completing in-app challenges or participating in a league with friends that further develops the community.

Cycle Token - Governance Token

The Cycle Governance Token used to participate in the planet Governance and cycle customisation.

Green Cycle Token (GCT) -Utility Token

An utility Token used to upgrade cycle level to increase the proportion of reward in term of GCT Tokens per Km, challenge friends, participate in play-to-earn activities, join a League, buy new in-app gear and/or swap for cash out.