'Toba’ - Cryptocurrency Mining Electric Bicycle - Crypto News

in #cryptocurrency6 years ago (edited)

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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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