Ecowatt : The Climate Change Governance Token Powered by Green Energy.
Hey guys, how are y'all doing, today I would writing a short review about this awesome project called Ecowatt and all about its token utilities, so without wasting much time let's get down to business, shall we? :)
What is EcoWatt?
EcoWatt is a socially minded next generation renewable energy company that aims to disrupt the green energy market by creating the first easily accessible community driven renewable energy company dedicated to providing clean green energy to the world.
EcoWatt is setting up a renewable energy platform and issuing the EcoWatt Token, this makes it possible for the community to access electricity markets in the EU, invest in renewable energy assets, and create the infrastructure necessary for peer-to-peer trading of energy.
Why you should choose EcoWatt?
For a long time now, the development of mankind has taken a huge step and reached a new level. Every day, technologies are developing more and more, people are improving and more and more thinking about the environment. We have all heard that we are slowly killing the planet, by polluting the atmosphere and depleting the Earth's reserves,which has been a major concern for a while now.
But with EcoWatt, a project which is striving to develop Green Energy in the world that can replace traditional energy sources with environmentally friendly and renewable ones. People no longer have to exhaust the Planets resources, because nature itself gives us all the energy we need.
EcoWatt puts renewable energy assets on the blockchain to disrupt the climate change movement by making green assets accessible to the blockchain community. By buying and staking the EcoWatt Token, the community directly participates in the growth of zero carbon power plants that generate power, earn revenue, reward staking and further increase the value of the token.
EcoWatt Token and utilities :
EcoWatt Token (ECW) derives its core value from physical revenue generating renewable energy assets. This gives the Token an increasing value and income, that increases as the asset portfolio backing grows larger.
Utilities :
Asset backed Value :
The Green assets provide ongoing revenue that fund asset growth to increase Token value, staking rewards, access to low cost liquidity lending and social impact projects
Proof of stake Token issuance :
For each 1 Token sold, 1 Watt of Green Power is connected to and verified by the respective national grid on a public ledger.
Utility :
The EcoWatt Community that backs the project by staking Tokens receives the right to vote on fund allocation into social impact projects in the area of energy, food and water security as well as tree planting projects.
Conclusion :
EcoWatt is set to create a green energy equivalent to DAO, it will be the first community-owned energy company. And the pbest part is that it is the audience that will influence the company’s decisions more than shareholders and investors.
So guys this is the end of the road for todays project review, what do you think about EcoWatt? Kindly let me in the comment box below, don't forget to like this article and follow me for more crypto project reviews.
Thanks for your time, do have a nice day :).
USEFUL LINKS:
Website: https://ecowatt.io
Twitter: https://twitter.com/Eco_Watt
Facebook: https://www.facebook.com/EcoWatt-110305757909105
#Proof Of Authentication
Forum Username : Traderbtcc
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=790538
ETH ADDRESS : 0x4E370Ab49a80B492152ADc155D02D6dd372137E1