WePower ICO — block platform for green energy trading

in #blockchain7 years ago

WHAT IS WEPOWER?
WePower is starting its second Official Bounty Program in order to reward its supporters with more WPR tokens. Energy tokenization standardizes simplifies and opens globally current existing energy investment ecosystem. As a result of energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates. The project is a set of contracts and block contracts that are aimed at trading energy. It should be noted that electricity must be extracted only by environmentally friendly methods. Only then it can be tokenized and sold or exchanged. The WePower platform is already ready for use, so anyone can try it on the official website. There is a demo version for users to first “train” to exchange and sell energy. Thanks to this energy, they will be able to gain invaluable experience and understand how to act in order to make a profit. When the unofficial attraction of investments is completed, the project creators will count 9 months and launch the WePower project in Spain. For the first time the project cooperates with the producers of solar power units.

WePower Platform

The Wepower platform is simple and user friendly. By WePower Platform, Green Energy Projects wiill not depend on only local investors but they will be able to raise capital with the power of global access to the platform.

The WePower platform is already developped and there is a demo version of WePower platform on WePower official Web Site.

WePower allows producers of renewable energy sources to raise capital by coining their own energy tokens. These tokens represent the energy they commit to produce and provide. Energy “tokenization” normalizes, simplifies and opens an already existing worldwide investment energy ecosystem for us. As a result, energy producers can trade “green” energy directly with buyers (consumers and investors) and raise capital by selling energy in advance, below market rates. The developers assure that the platform itself is ready and its demo version can already available. At the moment, the team is launching a pilot project with the Estonian operator of the Elering energy transmission system.

WPR token holders will have priority access to participation in tenders for purchase of tokenized energy after connection of a renewable energy station to the platform. Also, WPR token holders receive at least 0.9% of the total volume of tokenized energy transferred directly by suppliers of renewable energy sources. WPR token holders can use or sell this energy at 1 WPR = 1 kWh.

The plans for a tokensale that is launching on February 1 are to sell 55% of all tokens and raise the Hard cap of USD 35 mln. The token price is found from the ratio 1 ETH = 4,000 WPR, and you should register with the whitelist to participate in the ICO. Token liquidity will be ensured by integration with the Bancor protocol, with which the partnership agreement is concluded.

WePower team consists of more than 20 people and accounts for 10+ years of international experience in the development of renewable energy from the power plant construction to the energy sale through independent energy suppliers.

Nearest Plans:
● The launch of the WePower pilot project with Elergin and tokenization of all energy in Estonia in April 2018.

● Entering the Australian market with the support of SBC and local energy companies;

● Connecting WePower to the first customers in Spain in August 2018;

● Launch of WePower in Spain in November 2018;

● Expansion to neighboring countries in 2019,

This ICO will close very quickly, and the WPR token price will grow steadily.

A large community of the project, which is more than 41 thousand people in Telegram and 21 thousand followers on Twitter, and Positive rating from ICOrating are also worth mentioning.

The Token Fund team is going to participate in this ICO and recommends this project for a long-term portfolio.

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By: btclegionario