CoinEx Smart Chain | Drive Crypto, CSC’s First Drive-To-Earn Project, Is Approved by CSC Foundation’s Supportive Plan

We are delighted to announce that Drive Crypto has been approved by the CSC Foundation’s Supportive Plan. Drive Crypto is the first Web3 mobility app developed using the Drive To Earn concept with Game-Fi/Social-Fi elements. The app is built around an essential daily activity for most people: getting from one place to another via a vehicle. It is the first project to effectively bring to life a concept of mobility and functional gain.

About CoinEx Smart Chain (CSC) Foundation

To build an ecosystem for CSC, a high-performance smart chain, and to attract more projects that focus on basic crypto categories, we introduced the Multi-Million Dollar Supportive Plan, which recruits outstanding developers worldwide to build DApps on CSC and encourages more nodes, institutions, and individuals to contribute to the building of CSC’s ecosystem and community.

Projects could receive $1,000 — $100,000 from the CSC Foundation depending on their focus and quality. Moreover, projects developed in the name of CSC could get at least $200,000.

The CSC Foundation will also offer media support to the outstanding projects from the ones that received its funding. More specifically, DeFi (Lending, EVM, DEX, Assets, Cross-chain, Derivations, Yield Aggregator, etc.) projects will receive liquidity funding and media support from CSC, and Fundamental Facilities (Development tools, Wallets, Mining Pools, etc.) will enjoy media support, publicity via official channels, and promotion on SNS.

The CSC Foundation will also offer mature, quality projects all-inclusive ecosystem-based support including funding, media coverage, promotion in the community, brand exposure on CSC’s official website, priority listing on the exchange (for issuance projects: fast listing + low/zero fees), yield farming support (for AMM projects), and investments from ViaBTC Capital.

About Drive Crypto

Drive Crypto is the first Web3 mobility app developed using the Drive To Earn concept with Game-Fi/Social-Fi elements. The app is built around an essential daily activity for most people: getting from one place to another via a vehicle. It is the first crypto space project to effectively bring to life a concept of mobility and functional gain.

Users equip themselves with NFTs in the form of electric vehicles and NFTs in the form of electric power that calculate each kilometer traveled while driving their vehicle, and, through this activity, earn in-game currency which can be used in game or withdrawn for profit.

Each NFT Car is unique and rare, as there have been no equal NFT Cars, which means that there’s great room for appreciation.

In addition to winnings through the “drive to win” mode, NFT Cars can be used in the Racing mode to compete with others in a Fast & Furious style race. Upon winning the race, the top three can exchange the prize for $DriveCoins (the in-game currency).

Holders of NFT Cars will also sell them in the future through the first exclusive and specialized NFTs MarketPlace for cars.

Drive Crypto aims to contribute to the construction of the necessary infrastructure to meet the demand for charging electric vehicles, as part of the profit from Drive Crypto will be used to install physical charging stations for electric vehicles, contributing to the cause of combating climate change by generating carbon credits.

Drive Crypto goes beyond and above a GameFi/SocialFi project — it plans to change environmental mindsets through a long-term Web3 ecosystem. We look forward to its deployment on CSC.

Congratulations once again to Drive Crypto for getting approved by the CSC Foundation’s Supportive Plan. CSC welcomes more developers who are planning to build DApps on this chain. Together, we will create more valuable DApps.