What’s in the TAKYON ($TY) Whitepaper?
“To provide global populations with opportunities to experience blockchain in ways conducive to understanding the ‘what,’ ‘why,’ and ‘how’ of smart contract technology as well as to afford Earth climate positivity.”
A Catastrophic Problem Stares Us In The Face.
According to Climate.gov, the global average of atmospheric carbon dioxide (CO2) measured at 412.5 parts per million (ppm) in 2020. In 2022, it reached a concentration of 417.2 ppm and is set to reach 419.2 ppm in 2023, at an ultra-conservative measure.
Carbon dioxide is a dangerous greenhouse gas (GHG) that absorbs and radiates heat throughout our environment. And every year, it has consistently set a new record high, despite the economic slowdown caused by the COVID-19 pandemic. Although most people stayed home and weren’t generating heavy industrial emissions or pollutants from everyday transport, the atmosphere continued to heat, reaching temperatures that it’s never reached before.
During this time, anthropogenic emissions actually increased, and a heavy concentration of CO2, instead, amplified Earth’s natural greenhouse effect — a process that occurs when energy from the sun penetrates Earth’s atmosphere and warms its surface. This process will cause Earth’s atmosphere to absorb the excess heat and prevent it from exhausting back into Space, resulting in what’s known as global warming — a major contributor to the increased havoc and severity of the natural disasters we’re experiencing in our world today.
How Is This possible?
As sunlight warms the Earth, its land and ocean surfaces continuously radiate heat from thermal infrared energy. But unlike oxygen or nitrogen, GHG emissions absorb that heat and gradually release it over time.
Without this natural greenhouse effect, Earth’s average annual temperature would actually fall below freezing but has instead reached temperatures of close to 60°F. The continued increase in GHG emissions has unfortunately tipped Earth’s energy budget out of balance, trapping additional heat and significantly inflating Earth’s average temperature.
This is causing terrible harm to our planet’s most vulnerable environments, including the coral reefs, tropics, and arctic regions of the world. Unfortunately, natural disasters are also becoming more frequent, more severe and much harder to predict. And as global warming accelerates, we’re losing control of our place.
Many paradoxes hide in plain sight, and daily markets are filled with subjective consideration as the primary driving force in finding value.
An Effective Solution And A Step Toward Global Decarbonization
We aim to deliver simplicity and lead the next era of de-centrally hosted application (dApp) innovation with a more practical approach to multi-stage, multi-component implementation.
Electric vehicle charging infrastructure companies, such as Electrify America, LLC. (NASDAQ: EVGO), ChargePoint Holdings Inc. (NYSE: CHPT), Tesla Inc(NASDAQ: TSLA) and PlugPower Inc (NASDAQ: Plug) — just to name a few, specialize in both grid-connected and grid-independent solutions that address a major cause of the aforementioned problem.
In this regard, one of the most effective ways to address global warming, as a whole, is to configure these tangible EV charging systems to accept an incentive-based sub-currency* mechanism that caters to the lifestyle of and ultimate adaptation by the electric vehicle driver.
Since 2017, the evolving blockchain has presented us with the advent of smart contract technology and has introduced us to the notion of web3. These progressions have resulted in logical and reliable technologies that can both securely and efficiently facilitate a fundamental capitalist utility, thereby contributing to a globally desired reality for tomorrow.
*Unique on-blockchain token system that can provide invaluable benefits to clean energy-based environments and mitigates the risk of unnecessary over-development
Overview Of The EV-Charging Decentralized App (dApp) On The Polygon ($MATIC) Blockchain
By utilizing specially designed, user-friendly mobile apps, drivers of electric vehicles (EVs) are invited to experience Polygon’s smart contract technology while actively contributing to the reduction of widespread GHG emissions on our planet.
Hosted on a highly scalable and decentralized financial framework, this particular implementation of Polygon’s dApp technology can incentivize the use of alternative fuels and energies. This framework works seamlessly to track and monitor the use of enterprise-owned grid-connected and grid-independent charging stations.
Exclusive programming can be designed and customized for loyal EV drivers, offering them both competitive and broadly discounted price-per-kilowatt-hour rates for charging their electric vehicles. Subscription-based services are also available for network participants who recharge with TAKYON often.
Equipped with enhanced Ethereum improvement protocols (EIPs), TAKYON’s dApps provide drivers with exclusive features associated with MATIC-less payments that can be weaved into their daily routines.
Such features include, but are not limited to:
- User-centric permissions
- Specialized mapping structures
- Forensic security considerations
Financial blockchain engineering affords the seamless implementation of secure balance-recycling mechanisms and can account for a global spectrum of kilowatt-hour charging rates. Such an implementation has been designed to bring real measurable energy savings to the enterprise vendor and EV driver, alike, and is expected to attract a growing number of network participants through ongoing EV adoption.
The implementation of such mechanisms, however, is only feasible as an electric vehicle (EV) charging utility when specific protocols are integrated into its build and hosted on the environmentally conscious, green-pledged Ethereum Virtual Machine-compatible blockchain, Polygon.
TAKYON, as a solid financial instrument, can easily be compared to hard money backed by tangible, globally accepted physical value. Because TAKYON’s maximum supply is finite, when network participants use it as payment for EV recharge, in relation to its market price and clean energy cost, its purchasing power could increase over time.
By adopting TAKYON, an enterprise business can potentially expand its customer base both domestically and internationally, reduce the risk of falling victim to financial system security breaches, and establish an extraordinary reputation for customer satisfaction thanks to the advantages offered by the Polygon blockchain.
These advantages include significant orders-of-magnitude reductions in the cost of each transaction, as compared to those charged by the Ethereum ($ETH) blockchain, credit card companies, and other fintech startups on the market.
By way of permit extensions, electric vehicle drivers could subscribe exclusively to an adopting enterprise or vendor’s EV charging network through an engaging mobile app experience, authorizing any inclusive charging station to send TAKYON from their registered address to the adopting enterprise’s address when EV charging payments are necessary.
Kilowatt-Hour Costs For Charging An Electric Vehicle
Through financial blockchain engineering, a subsystem could be architected where the framework would account for increases in discrete electric vehicle drivers who pay in TAKYON and decrease participants’ cost per kilowatt-hour that it charges accordingly.
How Will TAKYON ($TY) Be Used?
TAKYON was distributed to both sponsors and key stakeholders of the project, as well as holders of another environmentally conscious cryptocurrency-based community, and is continually supported with trading markets on numerous cryptocurrency exchanges globally to help drive the reduction of GHG emissions as well as fund research for the greater advancement of hydrogen fuel cell science and the empirical evolution of clean energy solutions.
- Archived: Greenhouse Gas Emissions by Sector
- Understanding Climate: Climate Change and Atmospheric Carbon Dioxide
- Precedence Research: The Electric Vehicle Charging Infrastructure Market
- What is the difference between carbon-neutral, net-zero and climate positive?
- Understanding Circulating Supply, Total Supply, and Max Supply
- Ethereum Improvement Proposals: ERC-2612 — Permit Extension for EIP-20 Signed Approvals
- The Ethereum Whitepaper