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QoWatt forms an exclusive partnership with holoride

byRajpalsinh Parmar
February 28, 2023
in Blockchain News

QoWatt is extremely pleased and takes enormous pleasure in coming out with their formal announcement of having forged a partnership with holoride. As per their plans, this coming together will create a new dimension in terms of in-car entertainment on the metaverse. 

Initially, this will be in association with Audi before slowly venturing out. They intend to implement their solutions, in the case scenario of Web3, as well as real-world solutions, through blockchain delivery. It will also be coming with further clarity, along with relevant use cases linked with the day-to-day existence of users. 

In the case of transportation, holoride aims to provide mobility. A proprietary system that works in tandem with the movements of the vehicle can accomplish this. The user will be able to experience the virtual world using a VR headset. The automobile company has already used holoride in several automobiles due to its partnership with Audi.

The CEO and Co-Founder of holoride, Nils Wollny, says that he completely agrees with QoWatt’s plan to change the basic idea of mobility in the future by using green technology and getting the benefits of blockchain.Hugo Manteau, CEO of QoWatt, is excited about this new relationship because, in his opinion, it will help speed up innovation in both mobility and Web3 and bring the two together, which will make it more fun for users. When mobility and entertainment are combined, it will also greatly impact how we think about mobility as a whole.

As per the collaboration, there will be an exchange of their individual tokens for connecting both communities, along with the introduction of fresh incentives for utilizing their solutions. Approximately $75,000 in $RIDE and $QWT will be exchanged in this regard. Every day, up to 1 million $RIDE will be distributed as additional returns to all Gen-2 stakeholders, just like the $QWT rewards. So far as the $QWT goes, several decisions are being made.

In the case of both ecosystems in which NFTs stand as prime factors related to their economies, it becomes necessary for them to look closely at their offerings and corresponding benefits. There are plans for Gen-2 DAO NFTS in the case of Cloudbreakers. Another significant part of the collaboration is the promotion of their real-world products. In the rollout that will take place in France in 2023, holoride will provide approximately 11 retrofit packs for Gen-2 stakeholders. 

Holoride happens to anticipate the inclusion of VR hubs. In this regard, QoWatt will create its internal VR cockpit to promote the brand. Both entities will also be looking into charging station locations within the holoride gaming area. This will allow data to be exchanged directly with the vehicles. There will also be the option of paying for EV car charges with $RIDE tokens.

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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpal is an experienced crypto journalist with three years of experience, specializing in various sectors such as NFTs, the Metaverse, and more.

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