Gas Wizard Unveils Blockchain Loyalty Program Amidst Gas Price Surge
04/22/2024 23:01With gas prices consistently surging since 2020, one crypto project aims to lower gas bills through a global loyalty program. Using blockchain technology,
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With gas prices consistently surging since 2020, one crypto project aims to lower gas bills through a global loyalty program.
Using blockchain technology, powered by Gas Wizard’s native token GWIZ, this fully transparent, fast, and secure program will reward users at partner gas and EV charging stations.
Gas Wizard Revolutionizes Gas Station Rewards
Gas prices have surged by 60% in the US since 2020 with prices set to hit $4 a gallon by the summer of 2024. With tensions rising in the Middle East and global supply chain disruptions, it’s unlikely that gas prices will drop soon.
Partnering with leading retail oil and gas distributors worldwide, Gas Wizard is building a mobile app that will utilize the Ethereum blockchain to let users earn discounts and rewards every time they use the app to pay at partner stations. Ultimately, the goal is to lower the overall gas and EV charging fees.
Introducing the GWIZ Token
GWIZ is an ERC20 token built on the Ethereum blockchain. This will be the main utility token within the Gas Wizard ecosystem that can be used instead of fiat currency to pay at the pump.
Users can earn the token by playing a variety of games or by completing the GasWizard Challenge. Staking is also in sight with 15% of the total token supply allocated to staking rewards, presenting passive income opportunities to investors.
With the launch of the GWIZ token presale, early investors can buy GWIZ at a low price before it launches on exchanges. Running in 10 stages, the token price will slightly increase, starting from $0.01 apiece during the presale.
Once the presale ends, 20% of the tokens will be unlocked, while the remaining tokens will be airdropped monthly to investors.
Learn more by following Gas Wizard on X.
What Lies Ahead
Gas Wizard’s roadmap offers insight into the project through 2024 and early 2025. There are four main phases:
- Phase 1: Starting the presale site and the marketing campaign while building the token smart contract.
- Phase 2: Public presale lasting until Q4 2024 and developing the mobile app, followed by DEX listing and new partnerships.
- Phase 3: CEX listing and mobile app launch in Q1 2025, followed by a 1-year free fuel giveaway.
- Phase 4: Expanding partnerships, launching the GWIZ NFT collection, and expanding globally.
Ultimately, Gas Wizard’s blockchain loyalty program is designed to ensure a seamless and rewarding experience for its users in the face of economic challenges.