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Friday, January 31, 2020 9:56:41 AM

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Ray J shares his thoughts on LOOPShare
Where did your passion for technology come from?
When I started to put my eye on electronic transportation is when I fell in love with it. I spent seven years trying to build Scoot-E-Bike and understanding the art of the game. Going that big helped me understand how to pull back and focus on products that are more affordable for everybody. Raycon happened and everything started to build from different spaces.
You’re one of the investors in Tsu, along with Karen Civil. Why that platform?
Just on the strength. Tsu is great because people post all day. It’s an opportunity for everyone to feel how Instagram felt when they got bought or when they make money off people’s posts. I love Instagram and Facebook. I’m going to speak at Facebook and spend a day there to show new projects like Loop Scooter, Scoot-E-Bikes, all the new Raycon headphones. I may possibly do a pop-up shop, too. We look up to them so now it’s time for everybody who posts, who are influencers, tastemakers, or even just regular people to get involved with making money for what you post. Tsu offers a platform to do it. People should hop in early because when everybody’s doing it, then you’re late. Get in early and start getting the money now.
Tell us about your new collab with LOOPshare.
The LOOPSHARE deal is very important because I’m the creative director. We have bigger bikes. Not just the Scoot-E-Bikes that go up to 17 mph, these go further distances. It’s an electric scooter, you don’t need a motorcycle license — just a driver’s license. Scoot-E-Bikes are used for so many different things, but the LOOP scooter allows you to beat traffic and keep the green initiative. You don’t use any fossil fuel. We just announced the first of its kind partnership with Greenlines. Why is this huge? The partnership will entail the integration of LOOPShare’s electric scooter telematics and digital dashboard platform with the proprietary Greenlines Carbon Engine process. The Carbon Engine will allow LOOPShare to capture and sell the carbon reductions generated by the users of its fleet of electric scooters by developing an offset project. A carbon offset is a credit for greenhouse gas reductions achieved by one party that can be purchased and used to compensate (offset) the emissions of another party. We’re creating carbon offsets to monetize through our system. This is a game-changer… Being part of the green initiative is the most important thing, trying to really affect the climate change crisis right now in a positive way.
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