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.
