Solar DAO: Crowdfunding for Solar Plants construction

kishanshah (55)in #solardao • 7 years ago (edited)

Have you ever thought about the depleting natural resources of the earth? No? Then it is really time to think and do something about it. The speed at which urbanization is taking place and at the speed we are using our natural resources is worrisome, at this pace our upcoming generation will not have resources to use. Using traditional resources like Coal, crude, natural gas for power generation is costly and it comes with the cost. The cost is not only the money but it is pollution. To combat these many governments are supporting the use of abundantly available sources like wind, water and solar. Solar energy is the best source of power and here is one project which enables owning Solar PV plants in an anonymous way and it is Solar DAO.

What is Solar DAO?

Solar DAO is making the system in which user can easily subsidize the construction of PV Solar plants in huge scale. To enable this Solar DAO aims to use the Ethereum Blockchain for transparency and anonymity. Solar DAO wants to eliminate the role of middle men and legal and technical barriers to own and install the Solar PV Plant. They also aim to implement the technology to grow the profitability of PVS.

Opportunity in the market is very huge and this organization has 25 years of experience in the photovoltaic industry. They aim to reach total capacity of PVS up to 1.8 GW by 2024 which translated into capitalization of $3.4B

Industry Problems

Investing and installing Solar PV plant is not an easy task, it has its own challenges

It is very difficult for small investor to invest in this space ($100 to $10000)
If someone wants to invest more than $10000 then it requires extensive Technical and legal audit
Intermediaries and deal charges are involved
The process and charges incurred are so high that it will eat away the total profit

Solar DAO Solution and features

If someone wants to invest in this space $ 1,000,000 then Solar DAO is the best option
Investor can invest as low as $1 through Solar Dao to take ownership of the PV plants
Solar DAO token offers liquidity as this token can be traded easily on Cryptocurrency exchange after launch
Investor can receive dividends in their investment anonymously and transparently
Dividends are received automatically through Ethereum smart contract
Entire management of Power plant will be transparent to the investor of this project
Solar Dao will apply ground breaking technology to increase the profitability of the solar plants

Why should you participate in the Crowdfunding?

As a normal investor one cannot buy and install solar plant as it requires the considerable amount of effort and money but through Solar DAO, investor can invest in the installation of Solar PV on global scale and take advantage of growing demand in this space
This project offers the solid transparency of Ethereum Blockchain and offers the dividends too
As Solar DAO will grow big in future, investor who has invested initially in the project will get multi-bagger project

Roadmap of this project