Green Power Exchange - The Blockchain based P2P Energy Trading Platform

kokowannabe (28)in #blockchain • 6 years ago

The global power market is currently $2.2 trillion annually. However, today’s method for purchasing power at a wholesale and consumer level is inefficient and stuck in a different age multiple intermediaries, black box exchanges and legal structures are involved that contribute to a bloated and slow-moving process. Consumers, large and small, mostly do not have an economical, legal or practical way to buy electricity on their own. Developers and independent owners of power projects are forced to rely on the utility to sell their power. GPX aims to eliminate these wasteful steps and inefficient intermediaries, and introduce a simple, easy to use, and most importantly, streamlined peer-to-peer (P2P) platform to buy and sell power.

Since consumers’ power prices are significantly above current solar and wind production costs, and direct PPAs are already feasible in many deregulated jurisdictions, linking the two in a simple way will result in significant cost savings for consumers. By cutting out the middleman through the GPX platform, producers will receive higher prices. Saving money on the power bill will be as easy as buying a token.

WHAT IS GPX?

The GPX Platform enables simple Peer-to-Peer energy trading. Producers can easily pre-sell their power at a better rate while allowing consumers to buy their power directly for significantly less. We are creating a hyper-efficient renewable energy market place to turbocharge clean energy deployment and push out fossil fuels. Be on the right side of history.

PLATFORM

The GPX Goal

Green Power Exchange’s goal is to save the average consumer 20-60% on their electric bill. This could mean tens of thousands of dollars saved for a homeowner over two decades, hundreds of thousands for a small business, and millions for large customers.

Streamlining the Power Market

GPX aims to cut out the middleman. We are building a platform that connects consumers and power producers directly with a simple token purchase, removing many wasteful and costly steps. Auto-executing contracts mean cheaper energy.

Open Markets for Everyone

The Green Power Exchange is a transparent platform for everyone. Using blockchain technology, IoT integration, and a user-friendly interface, the GPX platform represents a radical departure from current opaque and antiquated energy trading practices.

TOKENSALE

Softcap : $6,000,000
Hardcap : $112,000,000
Price per Token : $0.10 with early stage discount
Token for ICO : 1,240,714,288 /56%
Token for Team : $410,000,000 /19%
Token for Future : $300,000,000 /14%
Token for Community Growth : $250,000,000 /11%
Total Token Count : $2,200,714,288 /100%

ROADMAP