WePower

WePower ICO Overview

Hasil gambar untuk WEPOWER ICO

WePower was established to change how energy is developed and distributed. The WePower team has been in the market for several years during which time it became obvious that we are lagging behind renewable energy adoption. This is not for lack of a desire to live a cleaner life, and improve the world for future generations. It is due to current market bottlenecks, which slows development of renewable energy sources. There are too many intermediary players between renewable energy producers and consumers of energy. Ultimately, these costs go directly to consumers who pay for it all.
WePower project is an innovative project aimed at enabling green energy trading, bringing together investors and green energy producers. Thanks to Blockchain technology, renewable energy producers can generate their own energy tokens and finance them through this token.
Each energy token represents power at 1 kilowatt hour to be generated at a particular power plant. These tokens provide financial flexibility for energy producers. If renewable energy producers require financial investments because of the installation or operation of their plants, they can meet their financial needs with energy tokens and provide future energy investors. Those who receive energy tokens can also sell these tokens, or use equivalent energy according to their personal needs.
Why not include customers to participate in the market directly to support a green transition?
Current problems with the energy markets:

Current Energy Market Structure

According to Bloomberg New Energy Finance (BENF1 ) , 2016 level of investment into renewable energy has reached a level of 242 Billion USD representing a 23% decrease over the previous year as seen in the chart on the right. Early 2017 trends show that investment in renewable en- ergy has fallen 20,9% in Q1 compared to 2016 from 64,25 billion to 50,84 billion. The market is dominated by banks, PE funds, hedge funds that are keeping out everyone else from the en- ergy investment market and not serving the needs of renewable energy community with proper access to capital nor the needs of end users of the energy.
WePower aims at cutting through the current problems of access to capital for the renewable energy producers and access to investments in great profitable projects directly for the final consumers. This is done using the fastest and transparent way through blockchain and energy tokenization. By employing technology WePower solves the following energy market insuffi- ciencies :
  • Global access to capital for green energy projects.
  • Global access to green energy investments and trading (i.e. liquidity).
  • Speed and transparency.

WePower Platform

WePower is a blockchain-based green energy trading platform. It connects energy buyers (households and investors or market makers) directly with the green energy producers and cre- ates an opportunity to purchase energy upfront at below market rates. WePower uses energy tokenization to standardize, simplify and open globally the currently existing energy invest- ment ecosystem.
Energy tokenization ensures liquidity and extends access to capital. Moreover, it provides the first access to live trade in renewable energy globally for everyone. With a possibility to be inte- grated with IOT for purchase or exchange of energy as a base layer of the digital energy world, WePower will lead decentralized energy transformation.
Legally WePower acts as an independent energy supplier, allowing WePower platform to be connected to the energy grid and the local energy exchange market as well as energy end us- ers. WePower receives data about the produced, consumed energy and energy price from the energy grid and energy exchange markets.
Once renewable energy producer is connected to WePower platform, his future energy pro- duction is tokenized. Energy is tokenized based on kWh unit. One internal energy token rep- resents 1 kWh to be produced a certain time in the future.
When a renewable energy producer requires capital to finance the initial cost of a renewable energy project, he may sell a portion of the energy to be produced in the future, on the WePow- er platform. The buyer/investor acquires this energy in a form of internal energy tokens. Each energy token acts as a smart contract indicating:
  • Type of energy,
  • when the energy will be produced and delivered;
  • price tag. This smart contract represents a standard power pur- chase agreement between the renewable energy producer and energy buyer.
In addition to solving current issues in the development and financing of green energy projects, WePower also has the potential to become a next-generation utility company based on the core principles of decarbonization, democratization and decentralization. By combining the core technological stack elements which include blockchain, smart contracts, data analytics and machine learning, WePower is set to become a 21st century virtual utility working close- ly with Distribution & Transmission system operators.. This means that green energy projects without subsidies can finally take-off at a pace required to have a significant positive impact to the Earth’s dangerous experiment with climate change through data-based decentralized generation utility approach with the infrastructure security in mind required for this type of operations.
WePower as independent energy supplier operates under established regulation guaranteeing relationships with distribution system operators and transmission system operators as well as fair use of infrastructure. At the same time, WePower as the market participant is connected to wholesale energy markets to sell and buy energy when needed.
WePower development is divided in 3 distinct stages:
  1. WePower Breeze — Market entrance — challenging the way how energy investments and pur- chase are done today by creating necessary technological layer for the change to happen.
  2. WePower Storm — Growth of services and usability — aggregating and managing energy flows via smart contracts.
  3. WePower Hurricane — New decentralized energy utility.

Your Profits Join WePower Pool of Green Energy Donation

  • Green energy project developers announce sales of factory tokens on the WePower platform and release energy tokens.
  • 0.9% of these energy tokens are entered automatically into the contributors pool. Only WPR token holders have access to this pool.
  • Once the factory is built and its energy is produced, the WPR token holders such as energy token holders can use energy, cash out or reinvest into a growing pool of contributions.
Because environmental WePower Technology (envirotech) or green technology (greentech) or clean technology (cleantech) is the application of environmental science to preserve the natural environment and resources to curb the negative impact of human involvement. Sustainable development is the core of environmental technology.
The owner of this energy token has the following options :
  1. Energy first use when produced, if energy is purchased for development
    project in the buyer’s home market. Note that WePower will physically provide energy based on the amount of energy tokens it has, once WePower enters the token owner’s home market and began operating under the legal framework of independent energy suppliers.
  2. Second selling energy before production on another WePower platform
    users.
  3. Third automatically sell energy to the wholesale energy market so that energy.

Our Blockchain Function

  • Innovative community interactions across apps;
  • Provide third party liquidity through decentralized exchanges and protocols;
  • Improve efficiency due to the removal of intelligent brokering agents;
  • Increased security due to data conservation;
  • Maintenance is a cheap vs centralized database;
  • Transaction history and transaction prediction;
  • Tolerance error for DApps due to the decentralized nature of blockchain.

ICO Details

The token’s creation will expire when the maximum number of WPRs has been issued or the expiration period has expired. If it is less than the minimum minimum token issued, sales contribution tokens can be retrieved.
  • Unsold tokens : Burned;
  • Soft cap : 5 million USD;
  • Exchange rate for token sale until the soft cap : 1 ETH — 4600 WPR;
  • Exchange rate for token sale above the soft cap : 1 ETH — 4000 WPR;
  • Minimum investment amount : 200 USD in ETH;
  • Main token sale date : 1 February 2018;
  • Public token pre-sale : Completed on 22 October 2017 after raising 3 million USD.;
  • Period of the token sale : 14 days (block number TBD);
  • Token contract address : Will be available and published only at https://wepower.network/
The project is supported by the United Nations and the Ministry of Energy of the Republic of Lithuania, due to its potential social impact on climate change control. WePower will share some of its technologies with countries that apply green energy and CO2 accounting, using blockchain technology.
WePower’s innovative token model is clarified with European regulators. It is organized as a crowdfunding prize, in which contributors are rewarded for free energy that they may use or sell on the platform.

Token Distribution

WePower will sell 55% of all token supply during the pre-sale and main sale. The sold WPR tokens will comprise 55%. Unsold tokens will be burned. Tokens allocated to the team will be locked for 3 years with a vesting sched- ule and tokens for the future use will be locked for 4 years.

Token Sale Objectives

WePower will use 45% of the received funds for the WePower platform’s development. 15% of funds will be used to integrate the WePower platform to the existing energy infrastructures across target markets. Other 15% of funds will be allocated to ensure WePower compliance with the energy sector requirements. Expan- sion and operations — 25% of received funds.

Our Team


ICO WePower verdict

Basically, WePower has set up all stages of cost reduction to buy and offer something that is important to every last individual on the planet. Furthermore, they have made that phase to explicitly develop renewable energy areas, for the benefit of both buyers and the planet. So, just as new uses of creating advancements such as blockchain, wider-level vulnerabilities remain touched off of course. Regardless, we think WePower ICO holds a significant certification size, and we will lower the medium size bet for this one.

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for more information : 

Website: https://wepower.network/
Facebook: https://www.facebook.com/WePowerNetwork
Twitter: https://twitter.com/WePowerN
Telegram: https://t.me/WePowerNetwork
Reddit: https://www.reddit.com/user/WePower
Saluran Youtube: https://www.youtube.com/channel/UCsocTWqQzDvoLBf2sVj96lQ/featured

Author:

Guntur89: https://bitcointalk.org/index.php?action=profile;u=1509226

MyEtherWALLET: 0xE4CD89c1339FBC336Fd478270d4b304f8adF0Cb4

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