EtainPower - Renewable Energy Decentralized
There was the Industrial Revolution and it led to the increase in our usage of machines that were powered by different types of fuels. The Industrial Age was the turning point for man from a totally agrarian one to a society that was more dependent on machines than manual labor.
Things soon became motorized, this led to fall of old jobs and rise of newer, different jobs. These paid well, much more than what was paid previously, allowed for standardization and most of all, provided a lot of benefits for the middle class and drastically improved the standard on living of most of the people.
This meant that industries popped up left and right and soon most of the land that was previously used to grow crops had industry, factories and companies set up on them. All these factories and industries needed power to operate and the main source back then was non-renewable sources such as fossil fuels.
Fossil fuels were abundant back then and most importantly, we were so blinded on gaining profits and enjoying the benefits that the industries and companies brought to us that we didn't care much about the damage that mining and using fossil fuels caused. As the century turned, a lot of environmental problems started cropping up.
Globally, temperature soared, water levels were found to be rising at an alarming rate because of it and then we soon figured it out and linked all of it to the usage of fossil fuels. Climates changed, it never used to rain when it usually would, with summers being so hot and the winters being unbearably cold. Global Warming became a household term and it was soon included in the school syllabus to make sure the newer generations were aware of it.
Soon, the World formed many committees and Regulatory bodies that brought about lots of laws and rules on the use of fossil fuels. But to stop using fossil fuels means to shut down factories, and that was unthinkable of. Soon the Governments started a lot of initiatives that promoted the use of Renewable resources of Energy for satisfying the Energy needs. They offered a lot of subsidies but there are a few problems that still plagues this field and hasn't been solved since then.
First, the technology was new and not efficient and optimized. This is being improved upon as of writing, with new advances in solar, wind and many other renewable energy technologies. Then there was the high initial capital required to set up these renewable energy resources and this was made even harder for the investors and governments as they never provided the needed information to the public as it was confidential. These problems are holding back the Renewable Energy Resources industry for quite a while from realizing their full potential.
EtainPower Platform
They aim to solve the above mentioned problems by implementing Blockchain Technology to create a platform that could be used by many of the companies, individuals and government to start investing in the Renewable Energy Market easily. Their platform allows for the safe and secure transfer of funds and it being powered by AI is a unique benefit. This will help the previously under-funded Renewable Energy Projects to get the capital that they need to set up right off the bat at the start.
It also meant that the Token always has it value raising due to the self-sustainability of their platform and the fact that it produces carbon token for zero emissions. This is a win win for both the investors and the environment.
ICO & Team
They plan on powering their platform by introducing the EtainPower (EPR) Token which is based on Ethereum's Blockchain. They are yet to announce the dates of their Main Crowd Sale. It requires for you to be registered in order to participate in the ICO.
The Founders and rest of the team has adequate experience in Renewable Energy, Artificial Intelligence, Blockchain, Software Development, HR, Community Management and Design respectively. The advisory board consists of renowned and experienced Investors, Entrepreneurs who also bring along their expertise in fields of Renewable Energy, Business Development, Blockchain, Investments, Finance and Data Research.
Conclusion
Even though many traditional as well as Blockchain based Projects are trying to tackle the issue of usage of non-renewable resources and the problems faced in setting up a renewable resource, EtainPower's offering is unique in the fact they are also using Artificial Intelligence and that makes them stand out from the rest.
They have got a great team with good backing from the well experienced advisory board. All that remains to be seen is whether they gain enough traction in the desperately needed Renewable Energy Market.
Website - https://etainpower.io/
Whitepaper - https://etainpower.io/resource/EtainPowerWhitePaper.pdf
ANN - https://bitcointalk.org/index.php?topic=4314921.0
Telegram - https://t.me/etainpower_en
Published by - Etheran
Profile - https://bitcointalk.org/index.php?action=profile;u=1108165
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