Electric vehicle charging system DePIN project eTukTuk completes US$1.2 million in financing

Electric vehicle charging system DePIN project eTukTuk announced the completion of a $1.2 million private placement financing. The project utilizes a decentralized physical infrastructure network (DePIN) to build an electric vehicle charging system, and plans to expand its electric vehicle network and install charging stations in the Asia-Pacific region over the next three years. It is reported that eTukTuk will provide native token rewards based on BNB Chain and Cardano to participating network users.