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- This Electric Bicycle Allows Users to Earn Cryptocurrency by Riding
- 50cycles, A UK based electric bicycle manufacturer launches the world’s first Crypto-currency mining e-bikes.
- These E-bikes are called as Toba.
- This Toba E- Bike is estimated to generate approximately $26.5 USD worth of ‘Loyalcoin’ per 1,000 miles ridden.
- It's the first ever bicycle to be tokenized and issues reward for use.
- Bike owners can't choose which crypto-currency to be mined. It only mines 'Loyalcoin’ which can be redeemed in exchange of products that is available on 50cycles website.
- Or even the mined 'Loyalcoin’ can be used to exchange other crypto coins through Loyaltycoin’s platform.
- As a proof of ownership, Toba - Cryptocurrency Mining Electric Bicycle will be having its own Private Key.
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