Last updated:
April 24, 2024 11:39 EDT
| 2 min read
Amidst the challenges of increasing inflation and soaring gas costs, a crypto initiative is underway to alleviate your financial burden.
Gas Wizard is pioneering a solution in the form of a blockchain-based loyalty program. This innovative program allows participants to earn rewards and receive discounts when making purchases at affiliated oil and gas distributors, as well as electric vehicle (EV) charging stations.
Revolutionizing Gas Station Rewards
Utilizing blockchain technology to establish a global loyalty program offers numerous advantages to all participants, such as:
- Cost efficiency in transactions and account maintenance.
- Enhanced transparency with every transaction recorded on the blockchain.
- Swift processing with real-time transaction capabilities.
- Heightened security through immutable blockchain transactions that are tamper-proof.
All interactions between users and the partnered gas and EV charging stations will be facilitated through a dedicated mobile application. This app serves as a central platform for users to monitor real-time gas prices, conduct transactions, and more.
Understanding GWIZ Token
The native token of Gas Wizard is GWIZ, an ERC20 token operating on the Ethereum blockchain. It serves as the primary cryptocurrency within the Gas Wizard ecosystem.
GWIZ holds value as users can utilize it for transactions at partner stations instead of traditional fiat currency. With various avenues to acquire this token, it stands as a key tool in combating the escalating gas prices.
Gas Wizard has initiated its token presale, offering interested investors the opportunity to purchase tokens starting at $0.01 each. This initial phase allows early investors to secure GWIZ tokens at a favorable rate before they are listed on exchanges.
Upon the project’s completion, users can earn GWIZ tokens through multiple channels, including:
- Engaging in the play-to-earn game provided by Gas Wizard, where users can compete with GWIZ at stake.
- Staking GWIZ to earn passive income, with 15% of the total token supply allocated for staking rewards.
- Participating in the GasWizard Challenge, enabling users to update gas prices at different stations to assist others in locating the most cost-effective gas nearby.
For further insights, stay updated by following Gas Wizard on X.
Future Endeavors of Gas Wizard
The Gas Wizard team has outlined their roadmap for 2024 and 2025, encompassing four pivotal phases:
- Commencement of the presale accompanied by a robust marketing strategy and the development of the token smart contract.
- Simultaneous development of the mobile app alongside the public presale, slated to extend until Q4 2024. This phase will include DEX listing and forging new partnerships.
- CEX listing and the launch of the mobile app in early 2025, followed by a year-long free fuel giveaway.
- Expansion of partnerships and the creation of a GWIZ NFT collection.
Through the integration of blockchain technology, Gas Wizard is reshaping the landscape of loyalty programs to combat the escalating gas prices effectively.
Visit Gas Wizard for more information.