WHITE PAPER FOR GREENTECHBLOCK (GBT)

White Paper for GreenTechBlock (GTB)

Revolutionizing Transportation in Africa to Combat Carbon Emissions

Executive Summary

GreenTechBlock (GTB) is a groundbreaking project aimed at reducing carbon emissions and addressing the high cost of gasoline by converting old, gasoline-powered vehicles into modern electric cars. Our mission is to establish car renewal factories in Africa, where these vehicles will be refurbished and fitted with advanced electric vehicle (EV) systems. By leveraging blockchain technology and the GreenTechBlock token (GTB) on the Binance Smart Chain, we aim to fund this transformative initiative, driving Africa toward a greener, more sustainable future.

The Problem

  1. Carbon Emissions: The automotive sector significantly contributes to global carbon emissions, accelerating climate change.
  2. High Gasoline Costs: Many Africans face economic challenges, and the rising cost of gasoline adds to the financial strain of transportation.
  3. Aging Vehicles: Old, nonfunctional vehicles are abandoned as junk, creating environmental hazards and missed opportunities for renewal.

Our Solution

  1. Constructing Renewal Factories: Establishing advanced facilities in Africa dedicated to refurbishing old gasoline vehicles into electric vehicles.
  2. Importing Components: Sourcing high-quality motors, inverters, and batteries from China to power the electric transformation.
  3. Technological Innovation: Focusing on developing cost-effective electric conversion kits tailored to meet the unique needs of African car owners.

Target Audience

  • Car Owners: Affordable access to modernized, eco-friendly vehicles.
  • Investors: Opportunities to participate in a rapidly growing EV market.
  • Environmental Advocates: Driving impactful change in carbon reduction.
  • Tech Enthusiasts: Supporting innovation in sustainable automotive technology.

Key Benefits

  1. Reduced Carbon Footprint: Supporting global efforts to mitigate climate change.
  2. Cheaper Transportation: Electric vehicles drastically lower running costs compared to gasoline-powered vehicles.
  3. Enhanced Aesthetics and Functionality: Renewed vehicles will look and function like new, attracting wider adoption.

Tokenomics

  • Token Name: GreenTechBlock (GTB)
  • Total Supply: 100 million tokens
  • Blockchain: Binance Smart Chain (BSC)

Allocation of GTB Tokens:

  • 5M (10%): Held by the project founders
  • 5M (5%): Marketing and partnerships.
  • 5 (5%): Research and development (R&D).
  • 85M (85%): Public sale through ICO/IDO.

Use of Funds 

The funds raised from the token presale will be allocated as follows:

  • 50% R&D: Developing electric conversion kits and sourcing necessary EV components.
  • 40% Marketing: Driving awareness and adoption of the project and token.
  • 10% Building Repair Shops: Constructing and equipping car renewal factories across Africa.

Roadmap

Phase 1:

  • Token creation and smart contract deployment on Binance Smart Chain.
  • Initial marketing campaign and public ICO/IDO.

Phase 2:

  • Establish the first car renewal factory in Africa.
  • Begin importing motors, inverters, and batteries from China.

Phase 3:

  • Pilot conversions of old vehicles into EVs.
  • Finalize the design and production of electric conversion kits.

Phase 4:

  • Expand the factory network to additional African regions.
  • Scale up marketing and partnerships to drive adoption.

Meet the Team

  • Ssonko Andrew (Project Head): Embedded systems engineer with 10 years of experience in electronic engineering, spearheading this transformative project.
  • Car Repair Team: Experienced professionals with over six years in the automotive repair business, ensuring expertise in vehicle renewal and conversion.

Environmental and Social Impact

GreenTechBlock is more than a business; it’s a movement to create a sustainable future. By reducing dependency on fossil fuels and revitalizing old vehicles, the project will significantly lower carbon emissions, decrease waste, and make transportation more affordable for millions of Africans.

Why Invest in GreenTechBlock?

GreenTechBlock offers a unique opportunity to participate in a high-impact, eco-friendly project that combines blockchain technology with automotive innovation. By investing in GTB, you contribute to reducing global carbon emissions while gaining exposure to the rapidly expanding EV market in Africa.

Disclaimer

This document does not constitute financial advice. Please conduct thorough research and consult with financial advisors before investing.

GreenTechBlock (GTB): Driving Africa’s Green Revolution.