WePower:A Token model revolutionising power trading.

WePower: A Token Model for the people, by the people and of the people.

WePower, truly is delivering excellence by revolutionizing renewable energy power trading based on smart contracts and block chain. They offer ICO based on energy tokenization, which you should not miss out on. WePower has been in the market for quite sometime now. It is a unique platform for power trading of renewable energy from environmental friendly sources, removing third party intervention and aims at giving control to producers and consumers by smart contract powered green energy trading platform and putting it on blockchain. Thus making it within everyone's reach. This is the project's key to success. Simultanoeusly, making the available energy cheaper. It aims to actively participate in removing the dirty sources of energy and providing and selling renewable energy from renewable sources such as the sun, wind and water. The energy token will be in the units of 1 Kilo Watt hour.

What is the big idea?

WePower platform helps finance clean energy producers, such as solar or wind plant builders, by selling their future energy production directly as energy tokens. It is eminent way to gain capital since access to capital markets proves to be tougher for the green energy developers .

The Advantages it offers:

• Making energy trading accessible to meet the needs of all scales and configurations.
• No intermediates or mediators like government in trade of energy between buyers and sellers. Within the WePower platform,countries will be able to add renewable energy production into their grids using blockchain technology,thereby replacing power purchase agreements with smart energy contracts and energy tokens.
• Transparent system and trading of energy on blockchain.
• Promotes the consumption and production of eco-friendly sources of energy.
• Alternative of financing capital for producers of renewable energy .
• Energy Democratization locally and globally, As said by Mr. Martyiuk "Consumers will be able to directly invest in projects they like ,to buy green energy and support both local and global expansion of renewables."
• Promotes the house-holds to sell off the unutilized free energy on blockchain.
• Cheaper energy as compared to the current tariffs.
• Allows easy predictament of returns on an investment while minimizing any legal risks.

Benefits to be reaped from Blockchain

• Innovative community interaction across applications.
• Exchanges and decentralised exchange protocols provide 3rd party liquidity.
• Enhanced efficiency due to smart contract elimination of middle persons.
• Immutability of data provides enhanced security.
• Cheaper maintenance vs centralised database
• History of transactions and prediction of transactions
• Fault tolerance for DApps due to decentralised nature of blockchain.

What's in it for the token holders?

• A WPR token holder can use ,sell before its production or can choose to sell to the wholesale market when it is produced and reinvest.
• Consumers are able to get directly involved in promoting sustainable energy without having to invest in their own green energy solutions .Instead of buying a wind turbine to provide energy for the home-and maybe selling excess production to the grid –consumers have now another option.
• Energy producers can do a direct transaction with the buyer of green energy.
• Energy encryption will ensure liquidity and widen the access of resources.
• WePower works with Bancor Protocol which provides ultimate liquidity for each token holders.
• To optimize payment cycle and opening access to resources,WePower allows energy tokenization.The allocation of the energy will depend on the amount of WePower Token held by the participant.There are rights obtained for WePower Token holder, and they

What's in it for the developers?

• Green energy project developers will use the platform to issue energy tokens,with each token representing 1kW of energy.
• This tokens are,effectively,a commitment to deliver on the promise once their project starts producing energy.
• Green energy projects can raise capital by selling future energy production upfront at low cost, and energy buyers ca purchase it at below market price.

WPR - The next generation token

• WePower is the next stage in token economy evolution.
• The great majority of tokens currently released in the market, tokenize equity or company future cash flows, both of which do not have an existing intrinsic value.
• WePower tokenizes energy, which has a well-established market and measurable value.
• There is a total of nine tokenization in WePower which help to maximize the potential of WePower technology.They are,energy tokenization, tokenized energy auction, blockchain function, energy tokens use, WePower token sale model, the next generation token ,token sale, token distribution and token sale objectives. WePower tokenizes energy that has a well built market and good measurable values.
• In spain,which is we power's launch market, they estimate that one mega watt –hour will cost $39-$40 per unit against $47 per unit. That would be 17% saving and the unit itself will be tradable,meaning you could sell on the token if the price was rising .

Risks

• No significant risks founds for the business model or marketplace development at the first stages of the road map,the weakest spot could be the very development of green energy,by anaology with the risks for the blockchain industry as quoted by ICO Rating.

Updates on WePower:

WePower raised $3 million from its pre-ICO in October, with an ICO coming in February 2018,and the platform is expected to launch in March 2018.The company secured its first client in July 2017-a 1000 Mw solar project-and produced a minium viable product in August of this year. Its goal is to go global, and Australia is its next target.

• Token Platform: ERC20 standard.
• ICO Starrt: 1 Feb 2018
• ICO End:15 Feb 2018
• Hard Cap:$3,5000,000.
• Soft Cap:$5,000,000.
• ICO Price: 1 ETH=4000 WPR
• Minimum investment:$200
• Accepted Currency: ETH
• Coins offered: 289 M.

They have announced a pilot project to test the large scale tokenization of Energy data on the blockchain in Estonia.

Ratings

WePower is already on its way of achieving viability of block chain technology in the green energy space and creating a global block chain powered energy trading network. It is also recognized by Elering, which is one of the innovative operating systems in Europe. Overall, the ICO can be given a positive rating and participation in the ICO immediately after the beginning of the token sale before it reaches the soft cap,in order to receive maximum discount is recommended . WePower is a well designed as well as a promising project in the field of green energy. Amongst WePower's best assets are a strong and professional team,a promising idea,MVP, and support from state power regulators and electric power companies. In addition, not every project has the time to develop a client base for a platform and announce a pilot in partnership with a national network operator before its ICO. There are hardly any projects that can be compared to WePower in terms of quality and background.

Visit:
Website:https://wepower.network/
White paper:https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view?usp=sharing
Author's Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1189329