TOGG Will Use AVAX Wallet
TOGG will use the AVAX wallet. Ava Labs founder Emin Gün Sirer announced that Togg will have an Avalanche (AVAX) wallet.
With the statement made last month from the Turkish car company
Togg, it was announced that there was a collaboration between Togg and Ava Labs, the developer of the Avalanche blockchain ecosystem. Now it has been announced that the domestic car will have an Avalanche (AVAX) wallet.
Ava Labs founder Emin Gün Sirer posted a tweet about Togg and said the following:
"This electric car is preparing for large-scale production. It will have the Avalanche wallet."
Togg owners will use Togg's Avalanche cryptocurrency wallet for payments at charging stations and within the city.
Payments will be made with
AVAX, the token of the Avalanche network. Thanks to Avalanche's fast smart contract feature, payments will be completed very quickly.
According to the previous statement from Togg, AVAX will be used for IoT solutions and payment services in the domestic automobile. Charges such as charging station usage fee, vehicle maintenance fee will be paid with AVAXs in Avalanche wallet.
Togg will be in contact with restaurants, markets and scooter rental companies around. For example, while your vehicle is charging at the charging station, when you get on the scooter and buy coffee from the coffee shop near you, the scooter and coffee fee will be paid with the AVAX balance in Togg.