What is DEC ? For now, let me just answer you by showing you a video on "DEC Topup/Payment by using Wechat and also through a DEC Apps"
Why would you want to keep DEC?
DEC is a utility token that can be used by China's Didi Car drivers. DIDI CAR is a hailing taxi in China, equivalent to UBER/GRAB. There are 50,000,000 (Yes, 50 million) registered DIDI CAR drivers in China. The app for the use of DEC by the Didi Car drivers was only recently ready and started to be in use from Aug 2019. There have been at least 6 training sessions so far for the Didi Car drivers, with 100 sessions planned, with 500 drivers at each session.
Why do the Didi Car drivers bother to attend the training? NOW, THIS IS THE INTERESTING PART ---- It is because the cost of charging their electric Didi Cars will only be 20-50% of the actual cost if they choose to pay through DEC !! Awesome or what ???
Didi car is NOT the ONLY target. But Didi Cars are already all electric. Eventually, the target for the utility of DEC will be drivers of ALL electric vehicles. And with China's policy of 100% electric vehicles by 2035, you can calculate the numbers yourself !! Anyway, a blockchain consultant in Xiamen. Explains the huge potential of the industry related to renewable energy and electric cars in the two of the videos attached.
The price better not shoot up today, Some have PREDICTED that the price can go up to about USD8-14 by the end of this year, and to USD100 by end of next year ! Who knows ?
Some facts first about this Renewable Energy Business:
1. Banks in China are no longer providing loan to housing development because the market is almost saturated
2. The investment in power and energy is attracting the attention of banks. The entities behind DEC is leveraging on this.
3. The other big investors are also coming in
4. The Chinese government has clear policies in Renewable Energy and also in the use of electric cars with 100% electric cars by 2035
5. The cars need to be charged and hence the race to provide 30 million charging piles over the next few years.
6. Two weeks ago, New Yea and Xuang Chuang Company (XC) had appointed dealers in about 20 cities in China for setting up the piles. Next week there will be a bigger launch of the project so that at least 3000 cities will be involved.
7. Dealers have signed up and potential dealers are already queuing up to grab this.
8. The charging stations would require no less than USD1 million, and the banks are providing 70% loan !!
9. The best news for us is that 50% of the payment for the dealership will be in DEC !!!! I wonder what that would do to the price of DEC.
Cheers
