PRESS RELEASE

Etuktuk – the world’s first automotive project built on Cardano–issettoRevolutionisemasstransportation across the globe. Building a dynamic, multi-revenue ecosystem, it balances sustainability with innovation, offering an affordable and accessible alternative to internal combustion engine (ICE) vehicles.

The groundbreaking network will comprise charging stations and eTukTuk’s proprietary EV – a zeroemissions vehicle designed to reduce carbon emissions, noise pollution, and CO2-related health conditions across the developing world.

Affordability for the drivers is at the heart of eTukTuk’s mission. With up to 78% less operational expenditure (compared with the cost of ICE TukTuks), drivers will spend less money, and could earn up to 400% more in take-home pay. Domestic production and assembly will also keep costs low for drivers in each region, and the availability of finance will make adoption even more affordable.

Beginning in Sri Lanka in 2023, the network will begin its operations in Colombo where there are currently 1.2 million ICE TukTuks on the roads. Powered by blockchain technology, it will provide a viable alternative to dwindling fuel stocks and rising oil prices, as well as the opportunity to gain a digital identity for millions of people.

New Partnership Announced

eTukTuk has also announced its partnership with The Capital Maharaja Group (CMG). As the firstmover in the private sector across many industries, CMG is the number one privately held conglomerate in Sri Lanka, with more than 44 global partnerships. Their interests include Chemicals, ICT, Media, Entertainment & Communication, Personal Care and Consumer Products, Plastics, Infrastructure Projects, Shipping and Logistics, and Ceylon Tea.

Working with the Capital Maharaja Group will ensure first-hand expertise of eTukTuk’s first region and the insight into the Sri Lankan markets required for seamless growth of the network. George Cox, CMO at eTukTuk said, “The partnership speaks volumes to the potential of the network in Sri Lanka in the coming years.”

Staking

eTukTuk will be fueled by the TUK token, which will be used to power the growth of the network within Sri Lanka and other countries throughout Asia and Africa. Further information about “Power Staking” will be announced in the coming weeks, but participants can earn rewards for supporting the shared economy, as mentioned in eTukTuk’s White Paper eTukTuk aims to launch its operations later this year. Paired with The Capital Maharaja Group, they seek to ensure the smooth transition from ICE vehicles to eTukTuks initially throughout Sri Lanka in line with policies to abolish ICE vehicles by 2040. eTukTuk also recently launched its ambassador program for community members to build awareness. Find out more on Telegram: https://t. me/etuktuk.

Check out eTukTuk online at https://etuktuk.io

The House of Fashion NFT collection will mint on May 5 with the digital collectibles functioning as more than just artworks. The NFT project is an unprecedented collaboration between art, fashion and technology. There will be a collection of 10,000 NFT with 30 backgrounds.

Besides, there will be various other traits, a combination of which will make each NFT unique from another. For instance, there will be 15 skin tones, 53 hair, 15 necklaces, 9 earrings, 27 glasses, 54 clothing, 43 lips and 18 eyes to choose from.

The digital collectible art pieces are created by noted artist and fashion designer Lisa Camero, who plans to bring about a paradigm shift in the world of Web 3.0 fashion. House of Fashion plans to create fashion pieces for new digital platforms wherever consumers will need them. It will be technologyagnostic and will be present wherever the need of the audience is.

The NFT are like access passes to the world of House of Fashion, a Web 3.0 fashion brand. The NFT will have utilities in the physical world as well as in the digital world through their presence in the metaverse. Moreover, there will be real-world fashion shows as well to showcase new fashion and designing talents.

Holders of the digital collectibles will have exclusive access to limited-edition clothing drops, preferred pricing across all its brands, exclusive digital wearables, and entry into future events.

House of Fashion has created waves in the industry with its immersive experiences that merges fashion andtechnology.Itblendsaugmentedrealityorvirtual reality (AR/VR) with fashion, thereby enhancing the runway experience with NFT.

House of Fashion has established itself as a new kind of creative brand that seamlessly integrates the worlds of art, fashion and technology. The brand’s versatility is evident in its three interconnected areas – digital collectibles, exclusive augmented reality filters as well as physical and digital drops.

House of Fashion has recently showcased an immersive launch experience wherein it set a new standard for integrating art, fashion and technology. It provides a glimpse of the future of fashion with its physical and digital collections.

The House of Fashion NFT unlocks many additional benefits for the creative individuals within its community, which comprises talented fashion designers, photographers, videographers, stylists, models and others.

Hitherto, these talented individuals found it difficult to showcase their talent to the wider world. With House of Fashion NFT, they will now get the chance to showcase their designs and creations at Lisa’s fashion shows and get complete help from the House of Fashion NFT team.

The fashion designers within the community will get to participate in the fashion show and will be coached through the creative process.

They will also be funded for their material and will be flown to Miami for the event. Besides, they will also be provided with the makeup artist and models to showcase their designs at the fashion show.

The other holders of the House of Fashion NFT community will have access to shows and events. More importantly, they will be able to experience Lisa’s fashion shows, which are anyway full of surprises.