Greeneum, Is It Worth As Your Long Term Global Green Energy Blockchain Project?

kurniawan05 (42)in #blockchain • 4 years ago

In this recent modern days, one of the most interesting money investments is in the form of blockchain projects. From the promise to create a global cryptocurrency to green energy projects, you got a lot to choose from. One potential and interesting project is Greeneum. It focuses on creating clean green energy in the future while also optimizing income from it.

What Kind Of Blockchain Project Is Greeneum?

It is safe to say that the project used a decentralized platform that comprises many energy market stakeholders. The idea is pretty much gathering a bigger fund for creating potential green energy sources while providing an incentive for everyone inside the ecosystem. The focused target for the project will be the energy trading platform using cutting-edge disruptive technology.

All the transactions for the energy market will be done in the Greeneum network (blockchain system) that provides transparent and more beneficial access. With the use of blockchain, you can say that Greeneum will use the native token called Green. Users, consumers, private, public, producers, or anyone inside the network will use it for every trade possible.

The interesting thing about this project is how Greeneum creates a better energy solution for current global issues. A problem such as the need for green energy comes with the potential of building a green power plant. Later on, the usage of its energy and its transaction will use GREEN tokens. Thus, the rising value can be one of the benefits for investors or stakeholders.

The Transactions Possibilities

The project proposes the use of the Greeneum network (blockchain) as the medium or the path to exchange energy in the later future. It is also where you can share data and insight to create better green energy. At the same time, the Greeneum system also poses as the place where the electrical grid will be profiled and verified.

That means the most possible transaction is the energy usage cost. Users that use the energy will have to pay using the token. Users can get benefits by accumulating the Carbon credits for their consumption. While the producer will get the Green tokens and certificate. All of its transactions mostly happen as part of the energy trading system.

On the other hand, there is also a global data system that works under the blockchain network. In this part, you can convert the green certificates into tokens. Later on, the tokens can be monetized, validated, and globally traded. That means the basic transaction will relate to the use of GREEN token as the native transaction currency for green energy.

How You Got Money Back?

The network itself consists of many figures that can earn numerous benefits. In many cases, you can underline the uses of the GREEN token in the ecosystem. It is because the token is redeemable or tradable in the crypto market. Each of the members will be granted benefits through different features.

The consumer can gain benefit through 4 features, which is trading market, certificate, data market, and energy management tool. They can provide Bounty, financial reward, and smart energy consumption. It also applies to the energy producers who are energy suppliers. However, the rate will be higher than the consumer.

The other beneficial role in this project is energy traders and data traders. The energy traders can get tokens, certificates, and trade energy from the GREEN certificate market plus the energy trading market. On the other hand, the data traders gain income from the data market by accumulating tokens and trade data.

Is It Worth Joining?

Before deciding to join, you should understand the monetization system. The token (GREEN) will be the main utility token inside the ecosystem. The token itself is called GREENEUM ERC20 that was created based on the ethereum token system. In later stages, you can trade it in cryptocurrency for real money. You can also gain benefits from the GREENEUM certificate.

However, it is also available by the system after certain validation. It will count the carbon credit's source and amount. It can be given to the consumers as a reward with a carbon credit. It is also available in the data flow that allows producers to use it in the global market. It can be a beneficial income in the future.

If you still want to consider the chance, you can also check its steady and long roadmap. The project was started in 2016 and successfully launched projects. There are also some partners and collaborations from global industry leaders. You can even join the PET service and become one in the community by joining the green fund.

All in all, it is worth noting that the project poses many potentials in the future. The concern of green energy is still one of the global issues, which can be a perfect project to join. It also has a clear usage of tokens and a monetization system. You can buy the token to be part of the project and get nodes. Each energy transaction in the network will gain you more credits.

Greeneum Roadmap