WePower – revolutionary blockchain system for the green energy trade. ICO 1.02- 14.02.18.

in #wepower6 years ago

enter image description here

The topic of renewable energy sources is now very attractive for everyone. Besides ecological aspects and the environment protection, renewable energy sources are rather beneficial and highly lucrative.

It is not a secret that many countries refuse hydrocarbons in favor of production and distribution of the energy received from renewable sources. The amount of infrastructure projects with the usage of green energy is growing rapidly in recent years.

Only in 2016, the investments in the renewable energy sources were 242 milliards of USD. In 2017, this indicator grew even more significantly, still the green energy remains an underresourced sphere with huge development prospects.

enter image description here

So what stands on the way of the green energetics development?

One of the natural obstructions is the rivalry of renewable energy sources with the hydrocarbons. Governments of some countries, large oil companies, energy-distributing monopolies and the army of lobbyists hamper the development of the green energetics, which is useful for the planet and at the same time decentralized.

Another problem, standing on the way of the heavy growth of the energy production from renewable sources, is the issue of record and trade of the green energy to the final customer; this fact hampers getting of the additional liquidity and thereby restrains large investors.

There exist some more obstructions, but all of them are manageable in case of sufficient financing, that will appear together with the convenient renewable energy-trading platform.

enter image description here

The fabulous growth of blockchain and smart-contract projects was noticed in 2017; the tokenization of real assets becomes more and more popular. Green energetics did not remain aside. More and more blockchain projects for the green energy trade appear nowadays.

Among the first the Power Ledger was launched, the platform which allows the owners and organizations buying and selling the solar energy through the blockchain-network. 34 million USD were collected for this project in autumn of 2017, and for now, the capitalization of the project is $327,407,819.00, that is within the short period of time the capitalization grew 10 times!

However, the Power Ledger is the project from distant Australia, and what about green energy trade on our continent?

enter image description here

At the end of September, an international professionals’ team announced the conducting of ICO and bounty campaign of the blockchain-platform for green energy trade – WePower.

ICO WePower will be conducted on 1 through 14 February 2018.

While the pre-sale conducting at the end of October 2017, 8.5% of all the WPR tokens, offered for sale, were sold on the amount of 3 million USD. Thus, the project has confidently approached the lower lath of fees in 5 million of USD, which will allow launching the WePower platform on the first target market in Spain.

enter image description here

So, what exactly is WePower?

Blockchain platform of new generation WePower is the convenient trading platform for the green energy pre-sale, using smart-contracts, which provide kW/h of a token (WPR) in the moment of its purchase. It allows projects on renewable energy production to attract funds with an obligation of the green energy selling at a predetermined price. WePower administers the relations between a customer and energy seller and is a guarantor of deals.

enter image description here

Official site - https://wepower.network
White paper - https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view
Video token model- https://wepower.network/#video-token-model
ANN thread- https://bitcointalk.org/index.php?topic=2207367.0

enter image description here

At the end of October of 2017, the WePower project signed a memorandum of cooperation with the operator that provides service for electric system of Estonia – Elering.

Nikolay Martyniuk, CEO of WePower, claimed, “This step will allow testing the platform nationwide together with one of the most progressive electric power distribution networks in the world”.

It will allow arranging the processes of relations between electric power suppliers and final customers, which will help scale the system and speed up the WePower launch in other countries.

enter image description here

In the middle of 2017, the WePower platform announced the integration with Bancor Protocol ™, thus providing continual and autonomous liquidity while tokens sale-purchase and converting for the WPR tokens owners outside the system. The owners of WePower tokens will be able to purchase and sell WPR tokens directly via simple web-application from any Web3-wallet at the price, calculated according to the open-source Bancor Formula.

Co-founder and product architect in Bancor, Eyal Hertzog, said, “Energy is one of the most liquid assets, which could be sold. The energy tokenization will not only bring innovations into the energy industry but will also bring energy nearer to the currency, which we use daily. Through the Bancor protocol, WePower tokens with an additional liquidity may become the outstanding cryptocurrency, supported by the energy”.

enter image description here

                   **Questions and comments are welcome!**

ANN threads in other languages:
Russian:
https://bitcointalk.org/index.php?topic=2220020.0
Chinese:
https://bitcointalk.org/index.php?topic=2266451
French:
https://bitcointalk.org/index.php?topic=2291434
Italian:
https://bitcointalk.org/index.php?topic=2299135
Spanish:
https://bitcointalk.org/index.php?topic=2282738
Portugese:
https://bitcointalk.org/index.php?topic=2288225.0
German:
https://bitcointalk.org/index.php?topic=2298056
Hindi:
https://bitcointalk.org/index.php?topic=2294452
Vietnamese:
https://bitcoingarden.org/forum/index.php?topic=20050
Arabic:
https://bitcointalk.org/index.php?topic=2291466.0
Indonesian:
https://bitcointalk.org/index.php?topic=2306799.0
Korean:
https://bitcointalk.org/index.php?topic=2268214.0

WePower in media
Fast Company - https://www.fastcompany.com/40479952/...
Smith + Crown - https://www.smithandcrown.com/sale/we...
Cointelegraph - https://cointelegraph.com/news/blockc...
CryptoCoinsNews - https://www.cryptocoinsnews.com/wepow...

NEW BOUNTY CAMPAIGN: https://bitcointalk.org/index.php?topic=2537413

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 70153.57
ETH 3783.62
USDT 1.00
SBD 3.72