Web3.0 Technology and Thailand's Token X have partnered on EV Bike.

Web3.0 Technology (Thailand) Co., Ltd. has partnered with Token X, a leading digital asset tokenization company in Thailand. The EV Bike project aims to promote sustainable urban mobility and implement the Sustainable Development Token for a Green Society (GSST). The collaboration explores the applicability, feasibility, and appropriate structuring of applying digital technology to the electric vehicle (EV) bicycle project, seeks professional advice on potential opportunities for such future projects, and seeks financial and digital asset advisory services to research, review, and evaluate the feasibility of issuing digital assets, including assessing business, financial, and structural factors, and compliance with applicable rules, regulations, and notification requirements of the Securities and Exchange Commission (SEC) and other relevant laws. Token X will therefore provide related services to the EV Bike project company.

A partnership dedicated to public good, regional growth, and technological autonomy

This collaboration aims to strategically deliver tangible benefits:

1. Promoting green mobility and ecological participation: While enjoying affordable electric bicycle services, citizens have the opportunity to contribute to and be incentivized in the green mobility ecosystem through GSST tokens.

This will transform users into active participants in the ecosystem, fostering a sustainable, community-inspired green society. 2. Building Regional GSST Ecosystem Standards: The core mission of this collaboration is to develop a standardized, interoperable GSST token framework. The EV Bike project will serve as a blueprint, demonstrating how this framework can be applied to various aspects, from sustainable consumption traceability and green credit incentives to fragmented environmental asset investment, thereby establishing replicable standards in the ASEAN region. 3. Demonstrating the Practical Value of Web3.0: This collaboration deeply integrates the technological infrastructure of Web3.0 with Token X's expertise in asset tokenization, fully demonstrating the practical application potential of Web3.0 technology in driving the transformation of the real economy and creating verifiable social and environmental value. Both parties have built a highly transparent, traceable, and efficient collaborative asset digitization ecosystem, ensuring the authenticity and reliability of green travel data and carbon footprint records. This lays a scalable technological foundation for future integration of IoT data and dynamic adjustment of incentive models, thereby achieving systematic optimization of social benefits, environmental impact, and economic models. 4. Creating Inclusive Employment and Livelihood Value: The project plans to serve a broad range of flexible employment groups, including delivery riders, couriers, and self-employed individuals, through a "zero down payment, low cost" vehicle rental model. It aims to lower the operational barriers for riders and provide sustainable employment opportunities for over 1.65 million entrepreneurial individuals through the deployment of a vehicle service network and innovative business operation models. This allows them to integrate into the digital economy's business ecosystem and obtain practical employment support and income-increasing pathways. This collaboration with Time Trace Chain (TT Chain) as the underlying technical framework signifies a milestone for the first compliant GSST project on the chain. The 1.65 million jobs created by EV Bike will serve as a significant entry point for stablecoin applications when Thailand's stablecoin is launched, and it is projected to meet the daily payment needs of 1.65 million riders within three years. Based on riders' contributions, riders can receive BTTC (Bike Time Trace Contribution) as a reward, which will require a large amount of on-chain verification and quantitative allocation. The tens of millions of daily uses will create a large demand for Time Trace (TT) as a technical service fee, enabling large-scale adoption (Mass Adoption). Therefore, the implementation of the EV Bike project will create a large amount of TVL (Total Value Locked) and DAU (Daily Active Users) for TT Chain, and also fulfill TT Chain's focus on GSST, Infa-backed, Debt-like principles. What is AI Mall? AI Mall is not a flagship store, nor is it a collection of 75 merchants linked to a single flagship store, nor is it a shopping mall. AI Mall is a diversified, convenient, and intelligent lifestyle commercial district. EV Bike, EV Car, and EV Station are concrete manifestations of the new energy industry and transportation infrastructure within the commercial district.

By leveraging blockchain technology, the digital economy + artificial intelligence = industrial upgrading × N = urban upgrading. This will create unique scenarios and solutions for multiple fields. Enriching application scenarios in people's livelihoods is expected to increase per capita GDP by approximately 53%!