A Token for Green Mobility

We believe that everyone should have the opportunity to participate in a means of economic assets in order to create a passive income.
And we believe in the democratization of the sharing economy and access through simple financial products.

ELOOP is the first company in the world that makes it possible to invest in an existing, variable asset – in the case of ELOOP, the car sharing fleet – by means of a token and to participate in the journey sales. This enables a company’s stakeholders to be involved in the value chain. This means that consumers not only benefit from the company’s service or product, but also monetarily from the capital generated.

The ELOOP ONE Token (EOT) makes it possible to translate the meaning of sharing implied in the term “sharing economy” into reality and to be the first “real” car sharing provider.

Blockchain

The blockchain is recognized by many experts as world-changing potential. Technology should take the Internet to the next level as we know it. Blockchain-based products have already found their way into finance. With low transaction costs and barrier-free participation opportunities, the technology can have an inclusive effect on the increasingly exclusive financial market. With the elimination of entry hurdles, the elitist character of groups of people with financial products can be pluralized and the financial industry can be “re” democratized from the point of view of investors.

Useful applications that do justice to this task are currently still to be found in vain and the connotation of the term has not necessarily been considered positive by the majority of people since the crypto hype of 2017 and the subsequent crash of all cryptocurrencies. In order for this picture to change, applications are needed that create a benefit for society as a whole and are connected with real economic benefits. It takes a move away from highly speculative coins and tokens with no real equivalent.

General

In contrast to previous Token Sales, the EOT is not sold to raise capital, which is then used for product development, but the EOT maps an existing product. The product here is the car sharing service, which has been already developed. 

The car sharing and data monetization business are not dependent on the success of the token sale. ELOOP already owns these cars, they are operationally used in car sharing and generate sales. A user secures a virtual share in the fleet. This constellation gives the EOT a physical countervalue and eliminates the character of a highly speculative financial product, as was the case with many Token.

Tokenized fleet

The tokenized fleet in this first token sale involves 4 BMW i3 vehicles, which represent the financial hobby horses of ELOOP. The cars have the best equipment and range and generate the greatest sales. The value of a tokenized car was calculated at € 60,000 (Unlimited duration). This value also determines the total amount of EOT – Token Supply for sale.

Token supply

The number of EOTs offered, results from the tokenized fleet and amounts to 240,000 EOT, which corresponds to € 240,000 at the time of the token sale. The total number of these tokens is for sale.

Profit split

The operating profit is split 50/50 between the token holders and ELOOP. This cut is necessary so that ELOOP can at least partially compensate for the marketing and personnel costs incurred for promoting and maintaining the service. The income is also used to buy a new vehicle after the useful life of a car. In addition, the costs of the KYC check and the transaction fees that are due when the EOT is transferred to the user wallet are paid. The division takes place automatically and immediately after processing a trip.

Token purchase

The ELOOP ONE token can be purchased directly – i.e. without a broker, trading platform or bank. There are no further costs for the user and the capital flows 100% into the investment product (token). This distinguishes the token from classic securities and especially from classic crowdinvesting, in which a very high proportion usually has to be assigned to the crowdinvesting platform.

EOT can be purchased via the dashboard in the Tokens tab. Due to tax law reasons, the EOT can only be bought in pre-made packages. These packages are 250, 500, 1,000, 2,500 and 5,000 tokens. Every user is free to purchase these packages several times.

Payout

As soon as the EOT are on the user wallet, participation in the journey sales begins. For the time calculation of the participation, every hour in which the token was in the respective wallet is taken into account in order to calculate the payout amounts. The user always sees the payable amount on the dashboard. A payout is only possible if there is at least EUR 10 credit available. Amounts below this cannot be paid out. There are two options for the User to have the credit paid out. The first option is a cash-out in FIAT (Euro) and the second is a cash-out in driving-credits. EOT holders are free to carry out a cash-out or to wait. 

All requested cash-outs will then be paid out collectively on a key date per month.

Payout in Credits

The second option is to convert the payout amount into credits. This is interesting for all users who also use the ELOOP car sharing service. Token holders who choose this option will receive more driving-credits than a cash-out in FIAT. The factor is 1.5.

For more information visit our website https://eloop.one/

Is car sharing a competition for the public transport?

The (reasonable) use of car sharing in urban areas is often questioned. Due to the well-established public transport network in Vienna, one would see no use and necessity of car sharing in the city. We all agree that normally, a person living in Vienna can get around in the best possible way using environmentally friendly public transport.

An environmentally friendly addition

Electric car sharing is not intended to replace the usual and everyday routes, it is rather an environmentally friendly option to rent a car depending on the situation. For people who do not have a car, this is a pleasant alternative to make longer journeys, heavy transports or trips. It is ultimately a rental car that can be parked almost anywhere in Vienna free of charge. After your trip the vehicle can be parked in the entire home zone. A rental car with a number of advantages, so to speak.

In addition to all these positive aspects, the main factor that distinguishes ELOOP from all other casharing providers is clear – our cars are 100% electric with green electricity. Another decisive factor is that we don’t see our home zone as a (single) operational area, but rather as an extended rental car parking space. Our tariff model is also designed for longer rentals of several hours and days.

The golden mean

So our service lies between the well-known car sharing and car rental providers. While most car sharing trips take 20-30 minutes and a rental car usually only pays off after at least 2 days, we position ourselves exactly in between – in the golden middle. We do not want ELOOP cars to replace public transport, but see ourselves as an environmentally friendly addition to Viennas public transport system.

Thanks to the well-developed public transport network, many Viennese relinquish a own car. We are committed to this positive development. With our service we want to support those who do not have a car and need one depending on the situation.

Therefore, car sharing shouldn’t be a convenient alternative to public transport, but an addition to environmentally friendly mobility.

Hydrogen vs. Electric cars

François Isaac de Rivaz, a French officer, built an hydrogen-powered car in 1807. He carried the hydrogen in a balloon and led it into the reciprocating engine, where it was simply burned.

A lot has changed in technology over the last 200 years – so also with the progress of building environmentally friendly cars and other means of transport. However, the hydrogen car with its fuel cell has not yet really been able to establish itself, even though various manufacturers have tried it over the past few years.

What is a fuel cell car anyway?

A fuel cell is an electricity supplier. For example, hydrogen serves as fuel, which reacts in the cell with the oxygen from the air – this generates electricity and the only waste product here is water vapor. In contrast to an electric car, the hydrogen car generates its electricity almost in real time on board. The range is much longer than that of an electric car and it only takes a few minutes to refuel.

The problems

The costs: Such a car costs quite a bit of money, and refueling is considerably more expensive than a charging station.

The fuel: Hydrogen (chemical symbol “H”) is the most common element in the solar system, but on earth it only occurs in a bound form, for example in water (H2O). Electrolysis can break down water into its elements of hydrogen and oxygen, but it takes a lot of electricity. Therefore, the hydrogen required is predominantly obtained from natural gas today – not the most sustainable variant.

The infrastructure: Have you ever noticed a hydrogen filling station in Austria? If not, it’s definitely not up to you. Because only 5 of these stations are available throughout Austria. These are available in Vienna, Wiener Neudorf, Asten, Innsbruck and Graz – and here we are already dealing with the biggest problem – the chicken and egg problem. As long as there is not enough demand, the expansion of this infrastructure is not really worth it – and vice versa, people do not buy a fuel cell vehicle if the infrastructure is not already available. In contrast to battery cars, you cannot refuel a fuel cell car at home. But also the size difference between a hydrogen filling station and a fast charging station for electric cars is enormous. The gas tanks are extremely large due to their required volume. In addition, the energy consumption for hydrogen cars is 2.4 times as high as for cars with batteries.

Hydrogen: You also need a lot of electricity to produce hydrogen from water. The hydrogen obtained is then stored in gas tanks and after car refueling it is directly converted into electricity. This process is relatively expensive and is therefore a fundamental disadvantage. In addition, only 25% of the original energy in a fuel cell vehicle leads to movement, the rest is lost. In the case of battery-operated electric cars, this value is around 70%.

Depending on the application, either battery electric cars or fuel cell vehicles are more suitable. However, all environmentally friendly forms of drive are important and each one has its effect in order to make road traffic cleaner.

Nevertheless, the proportion of alternative forms of drive will continue to increase to enable sustainable and environmentally friendly transport.

Source:
https://www.derstandard.at/story/2000098803079/wasserstoffautos-reichweite-alleine-reicht-nicht?amplified=True
https://www.oeamtc.at/autotouring/auto/wasserstoff-der-brennstoff-der-zukunft-19490466 https://futurezone.at/produkte/wasserstoff-tankstelle-explodiert-verkauf-von-autos-gestoppt/400521115
https://www.spiegel.de/auto/aktuell/brennstoffzelle-deshalb-setzen-sich-wasserstoffautos-bisher-nicht-durch-a-1273042-amp.html https://futurezone.at/amp/science/wie-sinnvoll-wasserstoff-als-treibstoff-ist/400543094

5 Trips into nature around Vienna

With a green car into the green

Although Vienna was voted the most livable city in the world for the second time in a row, there is often a great need for peace, nature or even for a summit cross and well-deserved mountain hut meal in between our city life. No question, in Vienna there are some green oases and variety from the everyday life and if you long for more rest or nature, you can easily get out of Vienna by train or bus. But many destinations are hardly or difficulty to reach without a car. ELOOP offers the perfect solution to avoid having to switch to the familiar excursions, or to be dependent on (non-ideal) departure times.

If you are in the mood for nature, the lake or a hearty mountain hut meal, you do not know where to go – read on and you may find your perfect trip tip!

The km and thus the time information is given by assuming that the starting point is in Vienna’s city center.

Kahlenbergdorf

You don’t have to drive out of Vienna to enjoy the village idyll and Heurigen-atmosphere with a view. With just under 12km and less than half an hour’s drive, the Kahlenbergdorf invites you for a spontaneous trip. The steep and narrow streets of the Kahlenbergdorf give this authentic quaintness, which is underlined by the vineyards and hiking trails. For wine and food, the wine taverns and restaurants, which you either discover at the harbor while watching passing ships, or high up with a view over the village, the Danube and Vienna. Probably the best view is from the Heuriger “Hirt”. Good, local food and wine are ordered here without a menu. In Kahlenbergdorf you can enjoy your evening off after work without much planning and thinking.

Kaltenleutgebner See

The nature area and biotope in Perchtoldsdorf is rather unknown to Viennese. The quarry lake is 27 km from the center of Vienna, so you can be there in less than an hour. Even if it is not a swimming lake, you can linger there after a short hike through the forest, but even without a hike, you can enjoy peace and nature by the water. The Josefswarte viewing platform and a few restaurants are also nearby.

Myra Falls

Already in 1801 the water that shot down into the valley fascinated Emperor Franz II and his wife Empress Maria Theresa. Even more than two centuries later, the 125m high Myra Falls inspire numerous visitors. After an hour, approx. 74 km, you are at the parking lot in Muggendorf. This is where the circular hiking trail begins, for which several wooden bridges and stairs have been built. The maintenance fee is € 5 for adults and € 1.5 for under 15 year olds, children up to 5 years visit the waterfalls free of charge. Past the area of ​​the Myra waterfalls, it goes through the forest to a reservoir, where the “Karnerwirt” provides food and refreshment. The Myra Falls in Muggendorf are certainly one of the most beautiful waterfalls in Austria and are therefore not only an exciting destination for families. You can charge your e-car at the EVN Charging Station in Muggendorf. The charging station is a 7-minute walk from the entrance to the Myra Falls.

Schöpfl

893 meters. That is the height of the Schöpfl, the highest mountain in the Vienna Woods. It takes a good hour, approx. 55 km, to get to various starting points of the hiking routes. Once at the top there is not only the Schöpl mountain hut, but also the “Matraswarte” observation tower. From the tower you can enjoy a 360° panorama, which extends from the Tullner Feld, via Vienna to the Schneeberg. There are several ways to the summit. The shortest ascent starts at the Icelandic Horse Center “Forsthof”, the walking time is 50 minutes. From the village of St. Corona am Schöpfl it takes 1 hour and if you start at the saddle of the Klammhöhe or from the Schöpflgitter it takes 2 hours.

Hohe Wand

Climbing and flight enthusiasts, animal lovers, hikers and everyone who wants to become one – watch out. Within 1h 10min, approx. 74km, you can reach the Hohe Wand nature park. For a small toll fee and affordable entry, you can discover a fascinating flora and fauna. There you will find activities such as hiking with llamas and alpacas, a climbing area, numerous huts and restaurants, the flight school “Fly Hohe Wand”, animal feeding, a petting zoo and of course various hiking routes and the well-known Skywalk terrace. Although the journey by e-car is relatively long, you don’t have to worry about suddenly stopping on the route. Because visitors to the Hohe Wand nature park can charge their e-cars for free at two e-filling stations (3.7 kW). So you can load the car during your visit and drive home worry- and stress-free.

How does it work?

If you want to leave the Vienna city life, then grab an ELOOP car near you and off you go. Cuddly for two in a Smart or with your family or friends in a BMW i3. If you don’t have the ELOOP app yet, just download it from your app store and register within 2 minutes. Regardless of whether it is a day of hiking, a leisurely stroll or discovering new places, from 7.50 € per hour or 49.90 € per day you have your own e-car for two people.

And best of all, you drive into the countryside with 100% green electricity! 

Our climate protection goals and partnership with Klimaaktiv

Klimaaktiv is the climate protection initiative of the Austrian Federal Ministry for Sustainability and Tourism (BMNT). https://www.klimaaktiv.at/

No CO2

Caroo only uses e-cars that are charged with green electricity. As a result, no CO2 is generated during the conversion of energy into electricity and while driving. A vehicle with an internal combustion engine will never be included in the fleet. These factors have convinced Klimaaktiv to accept Caroo as a partner.

Saving nitrogen oxides, particulate matter and energy

As part of the Klimaaktiv mobil initiative, Caroo, in cooperation with Herry Consult, has calculated the following savings potential. It is an observation period of three years with 50 electric cars. As the fleet grows, the savings will be significantly higher.

Caroo savings:
844 tons of CO2 (carbon dioxide)
2,313 kg NOx (nitrogen oxides)
56 kilograms of particles
3,213 MWh of energy

Caroo makes an active contribution to climate protection in Austria and to the health of Viennese citizens by conserving resources through car sharing and by reducing emissions with the help of e-cars. Diesel driving bans and car sharing-laws, as already approved in Germany, would further strengthen Caroo’s business model. It is anticipated that similar laws will follow in Austria and across Europe.

German Federal Minister Alexander Dobrindt: “Carsharing is very trendy, is very popular and has great growth potential. We want to make car sharing even more dynamic. This means that we create additional advantages for carsharing cars and thus particularly promote this form of mobility. “

Sources:
https://www.bmvi.de/SharedDocs/DE/Artikel/LA/carsharing-gesetz.html


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