Clean Commuting Tokens
TQX is designed as a stable utility token using the Stellar blockchain to act as a permanent ledger and democratic clean commuting trading currency.
TQX tokens represents a metric tonne (2,204.6 lbs) of avoided carbon emissions. Our current algorithm assumes that 1 mile of clean commuting offsets 1 pound of carbon because a car that averages 20 miles per gallon generates 1 pound of carbon per mile. Hence, one TQX token equals 2,204.6 miles of Clean Commuting. It also represents valuable SDG 3 (health and well-being) and SDG 13 (urgent climate action) co-benefits.
TQX tokens can be traded peer-to-peer on the Stellar network.