The Client

ELECx is an innovative EV ride-sharing and rental platform based in Romania. The platform combines blockchain technology with electric mobility solutions to address climate challenges, promote sustainability, and enhance driver and rider experiences. ELECx leverages tokenization to incentivize eco-friendly behavior and democratize access to EVs, empowering small businesses to compete against larger operators.

https://www.elec.ro/

BrightNode's Contribution

1. Tokenization Consulting
BrightNode provided strategic tokenization consulting to shape ELECx’s blockchain-based ecosystem. Key aspects included:

• Tokenomics Framework Design: Developed a comprehensive tokenomics structure incorporating $ELECx tokens as utility tokens for platform services. The framework included incentives such as CO2 savings rewards, staking mechanisms for B2B partners, and NFTs representing carbon credits.

• Staking Mechanisms: Introduced staking models for B2B partners, requiring token deposits to access the platform and unlock voting rights for marketing strategies. This approach ensures ecosystem stability while creating buy and hold pressures for the token.

• NFT-based Carbon Credits: Designed a system to register CO2 savings on the blockchain, minting NFTs upon reaching specific thresholds. These NFTs can be exchanged for carbon credits once certified, creating a new revenue stream and reinforcing the platform’s sustainability goals.

• Incentivization Strategy: Proposed reward structures for drivers, riders, and renters, incentivizing eco-friendly behaviors like choosing EVs, reducing CO2 emissions, and efficient route planning. This strategy not only attracts users but also supports the platform’s market penetration.

2. Whitepaper Development
BrightNode collaborated with ELECx to create a detailed and compelling whitepaper, aimed at attracting investors and aligning stakeholders around the project’s vision. Contributions included:

• Comprehensive Documentation: Articulated ELECx’s goals, challenges, and solutions, positioning the platform as a leader in blockchain-enabled electric mobility. The whitepaper detailed token utility, market strategy, and ecosystem benefits, providing transparency and credibility.

• Investor-focused Insights: Highlighted the platform’s revenue potential, token sale strategy, and roadmap, offering a clear picture of growth opportunities. The document emphasized ELECx’s innovative use of blockchain for transparency, trust, and sustainability.

• Regulatory and Market Analysis: Addressed regulatory challenges in the EV and ridesharing sectors, presenting the platform’s ability to enable local businesses to comply with legal requirements through modular solutions.

By combining deep expertise in tokenization and technical documentation, BrightNode equipped ELECx with the tools and strategies needed to successfully launch its platform and engage a wide range of stakeholders.

Client Feedback

"They are professional and quickly adapted to our needs, delivering on time as agreed."
ELEC CEO