- TUGA Innovations has signed an agreement with NFT specialists BACD.IO and eTUGA.io to mint and market an eTUGA Utility Token
- The eTUGA Utility Token will be launched together with a TUGA Augmented Reality (AR) application
- This concept positions TUGA to improve market reach using blockchain technology
- TUGA Innovations is an electric vehicle company designing and developing specialized EVs
- Tuga Innovations Inc. (TUGA) opened trading at C$0.13
TUGA Innovations has signed an agreement with NFT specialists BACD.IO and eTUGA.io to mint and market an eTUGA Utility Token.
The team at BACD.IO has developed an integrated service to market the introduction of the proposed eTUGA Utility Token with the simultaneous launch of a TUGA Augmented Reality (AR) application which allows users to experience an augmented reality visualization and interaction with any TUGA vehicle in a user-specified environment.
The TUGA program has seen progress in the design and development of engineering, electronics, software, and styling of the innovative TUGA three-wheeled, fully electric fore-and-aft 2-seat vehicle. No wider than a motorcycle, the TUGA delivers agility, and a patent-pending expanding rear axle provides high-speed stability. The vehicle is being designed to offer advanced connectivity technology with an estimated 160 km range at up to 140km/hour, with more protection than a motorcycle in an interchangeable multi-body, multi-function platform.
John Hagie, CEO of TUGA Innovations, commented on the news.
“We have united some great partners at eTUGA.IO and BACD.IO as an innovative means of marketing our project. This concept positions us to improve market reach using blockchain technology and provide new ways for the public to participate in our journey.”
TUGA Innovations is a development-stage electric vehicle company undertaking the conception, design, and production of specialized EVs to improve the urban mobility experience.
Tuga Innovations Inc. (TUGA) opened trading at C$0.13.