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Our Demo Video (Youtube) 🌐Watch It!
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Our Pitch Deck (PDF) 🌐Read It!
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Our Demo DApp (Deployed on Hedera Testnet) 🌐Try It!
ChargeFrog tackles Europe’s EV charging bottleneck by fixing the supply–demand gap in infrastructure and the credibility crisis in carbon markets. It transforms EV stations into fractionalized, ERC-1400 & ERC-3643 Compliant, Reg-S security assets so communities—not just corporations—can fund and own charging infrastructure. Users charge, invest, swap credits, and earn all inside one Hedera-powered Super App with transparent on-chain operations. Every charging session automatically mints and retires CarbonFrog NFTs through a policy-driven Guardian dMRV system, eliminating greenwashing and proving real CO₂ offsets. The result is a community-built, on-chain, self-financing EV network that scales sustainably while generating verifiable carbon impact and investor returns.
Europe’s electric vehicle (EV) adoption is accelerating far faster than its charging infrastructure can keep up. In 2024, the region recorded approximately 8.8 million registered EVs, and by 2025 that number is projected to climb to 11.8 million, marking a 34% year-over-year increase. However, the expansion of charging infrastructure is lagging behind. Despite a 35% growth in charger installations, Europe will have only 1.09 million public and private chargers by 2025—nowhere near enough to support the rising volume of EVs on the road.
This mismatch is creating a widening structural gap: EV demand is scaling exponentially, while charging infrastructure grows linearly. At the current rate, the EU’s target of deploying 3.5 million chargers by 2030 appears increasingly unattainable. If this trend continues, Europe risks facing severe charging bottlenecks, slower EV adoption, and reduced consumer confidence—ultimately undermining its climate and mobility goals.
On top of the overall shortage, Europe’s charging infrastructure faces a serious distribution imbalance. The growth of chargers is not evenly spread across member states, creating regional accessibility gaps that worsen the EV charging deficit. A few countries dominate the network, while many others remain severely underserved.
For example, the Netherlands—home to just 17 million people—hosts more than 130,000 public chargers, accounting for over one-third of all public charging points in the EU. In stark contrast, Poland, with a significantly larger population, has only around 5,400 chargers, and Romania has just 2,700. These disparities illustrate that Europe’s EV charging challenge isn’t merely a shortage—it’s a distribution crisis.
This uneven deployment results in inconsistent charging access, discourages cross-border travel, and risks creating a multi-speed EV transition where progress is concentrated in a handful of countries. Without addressing both the quantity and geographic distribution of charging stations, Europe’s EV ecosystem will remain fragmented and insufficient to support the continent’s accelerating electrification.
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High upfront costs: Deploying EV chargers—especially high-power DC fast chargers—requires significant capital. A 500 kW+ DC charging station can cost around €104,000, placing it well outside the reach of most individuals or small groups.
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Limited financing options: Traditional financing channels rarely accommodate small investors who wish to co-own or fractionalize charging infrastructure. Most funding flows toward established operators with strong balance sheets.
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Capital-intensive market dynamics: Because major charging networks require large-scale deployments, long-term power agreements, and ongoing maintenance, the market naturally gravitates toward big energy players.
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Legal, regulatory, and technical barriers: Navigating zoning rules, grid connection requirements, tariff structures, and compliance standards is complex. For citizens or small investors, these hurdles create a prohibitive entry barrier.
As a result, the EV charging landscape remains closed, centralized, and difficult for ordinary people to take part in, despite growing public interest in supporting green infrastructure. This disconnect slows innovation, limits community engagement, and prevents the creation of more distributed, community-driven charging networks. Without lowering these participation barriers, Europe risks missing a powerful opportunity for shared ownership, inclusive investment, and accelerated EV infrastructure growth.
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Systemic Distrust: High-profile analyses repeatedly find that a significant portion of carbon offsets fail to deliver their claimed environmental benefits. This pervasive skepticism undermines faith in the entire Voluntary Carbon Market (VCM), forcing even high-quality, genuine projects to defend their validity against a backdrop of industry-wide failures.
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The Digital MRV Gap: Current Monitoring, Reporting, and Verification (MRV) processes remain largely analog and retrospective. Third-party auditors often review data months or even years after the fact. Consequently, projects cannot instantly prove their impact. While positive environmental actions—such as renewable energy generation, carbon capture, or emissions avoidance—happen in real-time, legacy systems lack the infrastructure to immediately translate these events into unique, verifiable, on-chain carbon credits.
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Greenwashing Risk: Without immutable, cryptographic proof for every unit of impact, even earnest organizations risk being labeled as greenwashers. Regulators and consumers increasingly demand airtight Environmental, Social, and Governance (ESG) claims. Vague "carbon neutral" marketing has already triggered investigations and fines across various sectors. In this climate, any uncertainty regarding data provenance can be weaponized by competitors and critics alike.
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Audit Delays & Cost: Conventional verification is slow, labor-intensive, and expensive, providing stale, retrospective assurance rather than real-time confidence. This lag means that corporate sustainability reporting often trails actual operations by significant margins, creating a heavy administrative burden for finance and compliance teams trying to maintain up-to-date ESG records.
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Tokenization Hurdles: Without a unified digital ledger, carbon assets cannot be easily atomized or tokenized. This limitation prevents project developers from creating on-chain credits for specific impact events or retiring them in real-time. As a result, the market misses out on innovative financing models, increased liquidity, and the ability to create dynamic, incentive-based ecosystems.
Amid Europe’s accelerating EV adoption and persistent infrastructure gaps, there has never been a better moment to act. A powerful wave of EU policies and incentives is reshaping the landscape, creating ideal conditions for new, inclusive, and community-driven charging solutions like ChargeFrog.
Several major policy frameworks now serve as strong catalysts:
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EU Green Deal — The EU has committed to deploying 3.5 million public EV chargers by 2030, making large-scale charging expansion a central pillar of its climate agenda.
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AFIR 2024 (Alternative Fuels Infrastructure Regulation) — For the first time, the EU has introduced legally binding charger density mandates, including requirements for high-power charging every 60 km along major highways.
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CEF–AFIF Funding — Over €1 billion in grants is being directed toward building public fast-charging corridors across Europe’s core transport network, significantly lowering financial barriers for new operators.
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Recast 2024: “Right to Plug” — New rules simplify the installation of chargers in apartments, multi-unit buildings, and shared properties, empowering citizens and property owners to participate more easily.
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LIFE Program Support — EU funding is increasingly supporting citizen energy communities, enabling local groups, cooperatives, and neighborhoods to co-own renewable and charging infrastructure.
Together, these policies represent a rare alignment of political will, financial incentives, and regulatory clarity. They create a uniquely supportive environment for democratized, investor-friendly charging networks. ChargeFrog is positioned to ride this momentum, unlocking community participation, accelerating charger deployment, and helping Europe close its infrastructure gap before 2030.
We introduce a community-led EV charging network model designed to make infrastructure ownership inclusive, transparent, and open to all. At the heart of this model is the ChargeFrog Network, seamlessly integrated with the Hedera ecosystem, where every station’s operational data, revenue flow, equity activity, and charging events are recorded on-chain—ensuring full transparency and trust.
Each new charging station is fractionally funded through compliant on-chain asset tokenization, enabling small investors across the Hedera community to participate by submitting investment requests for ERC-1400 & ERC-3643 Compliant , Reg-S Station Equity tokens. Instead of requiring large upfront capital, individuals collectively co-own real charging infrastructure, lowering the barrier to entry while formalizing each station as a Hedera-native Real-World Asset with transparent records of share supply, circulation, and investment history.
To support the ecosystem, we introduce Bolt, an on-chain ERC-20 charging credit that users can swap, hold, and spend directly at ChargeFrog stations. This forms a transparent circular charging economy where payments, consumption, and revenue distribution are provable end-to-end—while carbon offsets generated from charging sessions are tracked through the Hedera Guardian, which mints CarbonFrog NFTs every 100g and retires them in 1kg increments to create an immutable dMRV audit trail.
Token holders receive multiple benefits:
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Revenue sharing from the stations they co-own
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Network perks, such as discounted charging
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Governance rights, including the ability to propose new station locations
⭐ This transforms infrastructure growth into a community-driven expansion model, where investment, usage, and carbon impact are all transparently enforced on-chain empowering everyday individuals to co-invest, co-govern, and co-build Europe’s next generation of EV charging infrastructure.
At ChargeFrog, we have created a single Super App that unites EV charging, decentralized investment, and reward management. We built ChargeFrog on Hedera to be secure, transparent, and fully on-chain:
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Simplified Asset Management: Swap HBAR for Bolt charging credits, invest in ERC-1400 & ERC-3643 Compliant, Reg-S Station Equity tokens, claim your revenue share, and manage your profile—all in one place with verifiable on-chain records.
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Shaping the Network: Participate in the growth of our network by proposing new station locations and submitting them for the next investment round, empowering you to co-govern and co-build the network.
We ensure charging your EV is smooth and simple:
- Finding Stations: We help you instantly Find the nearest ChargeFrog station with details on connector types (like 22kW AC and 100kW DC) and real-time availability.
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Seamless Payments (Bolt Token): To pay, we facilitate an In-App Swap for Bolt credits. You can swap your HBAR tokens directly for Bolt credits (e.g., 1 HBAR=3 BOLT) to quickly start your charging session.
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On-Chain Tracking: We record your charging session on Hedera, providing a secure and verifiable transaction history.
We allow anyone to own a piece of the growing EV infrastructure:
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Fractional Investment: Invest in upcoming station proposals by purchasing ERC-1400 & ERC-3643 Compliant, Reg-S Station Equity tokens using HBAR. This lets you Own a Piece of Every Charge while participating in the community-driven network.
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Projected Revenue & Perks: View clear financial breakdowns for each proposal, including estimated costs, projected revenue, and payback periods. Investors also enjoy network perks, such as discounted charging sessions at the stations they co-own.
- Claiming Earnings: We make it easy to Claim your revenue distribution in one click. Your monthly payouts from your investments are transferred directly to your wallet in Hedera, fully tracked On-chain.
Our system is structured as a three-layer stack, with the Hedera Blockchain Layer serving as the definitive, immutable state machine.
This layer comprises the industrial hardware components: the EVSE (Electric Vehicle Supply Equipment) Hardware and the OCPP (Open Charge Point Protocol) Controller. Its connection to Hedera is critical, enabling secure, real-time data streaming and command execution (e.g., session start/stop/metering) that links physical events to on-chain state transitions. This ensures transparent station operation, verifiable Proof-of-Charge, and triggers CarbonFrog NFT minting and retirement for accurate carbon accounting through Guardian.
This traditional application layer is responsible for high-speed, off-chain computation and user-facing utilities:
- Map and Navigation: Geolocation services and pathfinding algorithms.
- Charging Workflow: Business logic for session initiation, error handling, and display updates.
- Perks System: Dynamic calculation and application of investor discounts and loyalty bonuses based on on-chain ownership records, but applied efficiently off-chain.
This core layer enforces all economic, governance, and carbon accountability logic, ensuring trustless execution and immutable state:
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Asset Tokenization: Fractionalized ERC-1400 & ERC-3643 Compliant Reg-S Station Equity tokens formalize real-world assets on Hedera.
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Bolt ERC-20 Token: ERC-20 charging credits used to pay for sessions at active stations, fully enforced on-chain.
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dMRV Carbon Tracking: Hedera Guardian manages policy-driven minting and retirement of CarbonFrog NFTs, creating an auditable, real-time carbon offset trail.
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Station Governance & Revenue Distribution - Smart contracts handle investment requests, minting, transfers, revenue claims, and network state updates.
The ChargeFrog Super App serves as the state conduit, submitting signed transactions—such as token swaps, investment requests, or claim operations—to Hedera, which triggers updates across equity, credits, and carbon offset audits. Investors and users interact seamlessly with the network, while the system guarantees transparency, compliance, and verifiable carbon accountability.
Bolt is an ERC-20 token that powers the ChargeFrog network’s on-chain charging economy, ensuring payments are traceable and revenue flows back to the stations’ investors.
- Token for Payment: The token is the sole accepted medium for charging services.
- Track Spending: All Bolt spent is recorded on-chain and linked to the relevant charging session.
- Transfer to Station Funds: Spent Bolt is automatically credited to the Station Fund, forming the basis for investor revenue distribution.
- Users Swap HBAR for Bolt via a transparent in-app smart contract call.
- Users initiate charging, causing Bolt to be Spent to the station's address.
- The Station receives the ERC-20 Token and the corresponding smart contract Records Revenue in Hedera, converting the utility payment into the investment asset payment within the Station Fund.
- The accumulated revenue in the Station Fund is then made available for Claim Revenue Distribution by Investors.
The registry smart contract functions as a highly secure, immutable data structure—the on-chain Station Registry—critical for asset management and governance.
It acts as the single source of truth for all stations, tracking investment rounds, funding progress, and network state, ensuring every station is a verifiably tokenized & ERC-3643 Reg-S Station Equity asset on Hedera.
- Register New Stations: Records each new station proposal and assigns a unique on-chain ID.
- Track Funding Progress: Maintains the current state of investment rounds and amount of HBAR received.
- Update Station State: Tracks lifecycle transitions (e.g.,
Proposal→Funding→Operational). - On-Chain Registry: Maintains a canonical list of all stations for transparency and auditing.
- Log Events: Timestamped records of major state changes for investor and network visibility.
The Station Registry maps each unique Station ID to a structured record containing:
- Investment Details: Funding goals and HBAR contributions.
- Shares Issued: Quantity of ERC-1400 & ERC-3643 compliant Station Equity tokens minted for investors.
- Funding Progress: Percentage of the funding goal achieved.
- Operational Status: Current lifecycle state, determining when the station is active and generating revenue.
Each charging station is deployed by the ChargeFrog Admin as a Diamond (EIP-2535) Proxy Contract, creating a fixed-supply, on-chain equity registry. Investors receive tokenized ownership units that are minted as ERC-1400 & ERC-3643 compliant Reg-S Station Equity on the Hedera network, ensuring the asset is treated as a verified digital security.
- Uses Hedera's Asset Tokenization: Leveraging the SDK’s standardized framework for secure and compliant token issuance.
- Supports Fractional Equity Ownership: Tokens are divisible, allowing for precise, fractionalized investment in station assets.
- Global Ownership Registry: All shares are transparently minted and recorded on the Hedera network.
- Shares Investment Tracking: Provides a transparent, on-chain history of all investment records.
- ERC-1400 & ERC-3643 Reg-S Compliance: Mints shares specifically as regulated Security Equity Tokens rather than simple utility assets.
When investors transfer HBAR, the station triggers a formal Equity Investment Request. This request is processed by the Admin Panel via the Hedera Asset Tokenization SDK, which handles the Mint and Transfer of Station Equity back to the investor. The system manages the Station Shares by tracking the Total Shares Supply and Circulating Shares, ensuring transparent investor governance and updating the On-Chain Investment Records.
ChargeFrog incorporates dedicated ledgers for transparent and automated revenue distribution.
Each charging station is a complete economic unit with its own dedicated on-chain fund (Station Fund Ledger) and investor registry (Investor Ledger). This ensures that revenue, shares, and payouts are isolated per station and fully transparent, without requiring off-chain reconciliation.
- Station Fund Ledger: Tracks revenue accumulation in both HBAR and ERC-20 Bolt from charging sessions.
- Investor Ledger: Records current share holdings per investor.
- Pro-Rata Claim Tracking: Calculates an investor's entitled payout as a percentage of total accumulated revenue based on their equity ownership.
- Withdraw and Settlement: Investors can claim their proportional share of HBAR and Bolt directly to their wallets.
- Verifiable Revenue Claim: Every payout is recorded on-chain, providing transparent, auditable proof of the transaction.
- EV Drivers pay for charging using HBAR or Bolt ERC-20, which is credited to the Station Fund Ledger.
- Investors hold ERC-1400/ERC-3643 Compliant Station Equity Tokens recorded in the Investor Ledger.
- Investors submit a Claim request.
- The system calculates their pro-rata share and initiates a payout in HBAR and/or Bolt directly to their wallet.
To solve this, ChargeFrog leverages the Hedera Guardian platform to implement a Digital MRV (dMRV) system. This creates a high-trust, automated environment where every charging session contributes to a full carbon accountability cycle: emissions are tracked, verified, and offset in real-time using immutable data.
The system operates through two distinct, policy-driven scenarios that generate an immutable audit trail via Verifiable Credentials (VC) and Verifiable Presentations (VP).
As users charge their EVs, the system tracks carbon offsets at a granular level.
- The Trigger: For every 100g of CO2 offset via physical charging, the system triggers the Carbon Offset Policy.
- The Action: The policy automatically mints a unique "CarbonFrog" NFT.
- The Flow: This NFT is transferred from the ChargeFrog Treasury to a designated Admin account.
- The Proof: Simultaneously, a VC-VP pair is generated on-chain, linking the digital token directly to the physical charging data, proving the offset is real and unique.
To ensure offsets are not double-counted or resold, the system enforces a retirement logic.
- The Trigger: Once the accumulated offsets reach 1kg of CO2, the Token Retire Policy is activated.
- The Action: The system executes a Retire Scenario, which "wipes" (burns) the CarbonFrog NFT from the ledger in 1kg increments.
- The Audit: This retirement action is permanently recorded on the Hedera ledger.
This architecture provides an irreversible proof of action. By clicking on the generated Hashscan links within the ChargeFrog app, users and auditors can:
- View the Treasury’s operations in real-time
- Verify that a token was minted when a car was charged
- Confirm it was subsequently retired to finalize the offset
This eliminates the "black box" of traditional carbon credits, replacing it with a transparent, on-chain history that confirms high-integrity sustainability.
We recognize that the rapidly accelerating shift to EVs is creating strong, consistent demand for public charging infrastructure. Our unique, decentralized solution empowers everyday citizens and local EV owners to not only use the charging infrastructure but to actively co-invest in it, fostering a true sense of community ownership and alignment.
- EV Drivers: Network Users: They rely on our public charging network and benefit from the lowest charging costs possible because they are part of the community.
- Community Investors: Ownership Layer: We cater to individuals who seek profit from infrastructure but lack the high capital access. We transform EV infrastructure into an open, fractional investment class on Hedera.
- Partners: Expansion & Network Flywheel: We align commercial incentives with environmental and community goals, ensuring that growth benefits every participant in the ecosystem.
We are targeting a Total Addressable Market (TAM) of €34 billion in Europe, with a focused Serviceable Available Market (SAM) of €5 billion in our initial deployment regions. Our initial goal is to capture an SOM (Serviceable Obtainable Market) of €20 million worth of stations operated on ChargeFrog.
- New Ownership Model: We introduce verifiable community ownership and direct governance influence over charging assets.
- Fractional Investment through Tokenization: By leveraging the Hedera Asset Tokenization SDK, we facilitate low-barrier, ERC-1400/3643 compliant micro-investment, making infrastructure investment accessible to everyone.
- Fully On-Chain Charging Economics: Transparency is absolute. All regulated fund pooling, revenue distribution, and transfers are executed and recorded immutably on the Hedera distributed ledger.
- Community-Driven Scaling Flywheel: The community actively proposes and funds new locations, creating an organic, self-sustaining mechanism for network expansion.
This model allows ChargeFrog to effectively bridge the gap between low-barrier investment and asset ownership, unlike capital-intensive Corporate Ownership models.
We have established a multi-pronged revenue model to guarantee the platform’s sustainability and provide stable, recurring income for our investors:
- Charging Fees: Revenue generated from EV charging sessions is automatically pooled per station and shared among its token holders, providing a direct, usage-based income stream.
- ChargeFrog Pro: We offer a premium membership in the form of an NFT minted on Hedera, granting users tiered benefits such as discounted charging rates, priority station access, and exclusive membership perks.
- Value-Added Services: Stations are utilized as physical advertising hubs, offering localized business promotions, co-branding opportunities, and other partnered deals, monetizing the high foot traffic they generate.
We ensure the long-term operation, development, and expansion of the platform by retaining a modest 5% fee taken directly from the gross station revenue.
Our initial strategy focuses on demonstrating the efficacy of our community ownership model while ensuring a frictionless user experience.
- Community Ownership Proof: We aim to quickly prove that co-ownership of physical charging infrastructure is viable, empowering users to directly influence network growth.
- Web3 UX Abstraction: We prioritize a seamless onboarding experience onto Hedera, abstracting the underlying blockchain complexity so users can enjoy its benefits (speed, security, transparency) without a steep learning curve.
- Early Revenue and Trust: We generate verifiable real revenue from the initial pilot charging sessions and transparently redistribute it on Hedera, rapidly building community trust and market momentum.
We are launching our first pilot stations with a strong emphasis on community involvement. We allow users to propose new charging locations. The locations that garner the most community support will proceed to the investment rounds and be funded by our decentralized investment pool.
We recognize the necessity of collaboration to achieve massive scale. We are building a robust ecosystem of strategic partners essential for rapid, smart, and sustainable expansion across Europe.
This ecosystem includes:
- Leading charging hardware providers (e.g., EVBox) and Charge Point Operators (CPOs) to guarantee reliable infrastructure deployment.
- High-value location partners (e.g., APCOA Parking, Q-Park, Fastned, IONITY, EnBW, Allego) for premium, high-utilization charging sites.
We focus on three core metrics to validate our model and drive adoption:
- Sustainable Revenue Cycle: We aim to complete one full revenue distribution cycle per month (at least on Hedera Testnet in early phase) to prove the functional integrity of our on-chain economics.
- Product Validation via Usage: We must consistently gather structured feedback from beta testers to refine the UX, onboarding, and investment/charging flows.
- Real Physical Adoption: For our pilot stations, we are targeting 30 charging sessions per week at the pilot site to demonstrate real-world physical usage.
We have successfully completed the MVP + Pilot on Hedera Testnet, featuring a mobile-based EV charging super app with real-life pilot station integration. Our next steps involve expanding functionality and preparing for mainnet launch:
- Live on Hedera Mainnet: Mainnet deployment of Smart Contracts, Equity Tokens, and Guardian policies.
- Introduce Hedera AI Studio: This agent will assist network investors to perform analysis on proposed locations and list out high ROI potential options, adding value to the community investment process.
- ChargeFrog ReFI : User-selected payment round-up sends fractional change to an Impact Fund; users receive a Proof-of-Impact governance token.
