The world is faced with many problems. The environment is not free in the real sense of the world because many factors contribute to undermining the potentialities of growth. For instance, gaseous emissions into the atmosphere combined with the carbon emissions from fuel and diesel-powered vehicles have primarily contributed to the excessive health challenges arising from an emission-filled environment.
-The FRED Energy project is here to fix many of these challenges. We would look at the problems in the conventional energy industry, and how FRED Energy would solve them.
CHALLENGE ONE: Fewer Sponsorships for Alternative Energy Projects
Alternative energy, which is a variation of the regular or traditional media of power/electricity generation, is here to make lives better. The aim is to ensure that the processes of generating electricity are not only hassle-free but cheaper and not harmful to the environment.
The challenge therein is that such projects are not funded as expected. It takes investors that are willing to accept any outcome to invest in such alternative energy projects.
The FRED Solution
On the contrary, the Funding Research into Energy Devices (FRED) project is here to provide the needed finance for alternative projects, such as those relying on electric and solar. It has already handpicked a six-inch solar panel project that can provide up to 8 hours of uninterrupted power supply to people living off the electricity grid.
:CHALLENGE TWO: Fewer Electricity Charging Stations
Electric Vehicles (EVs) have been on the rise in recent years. They are media to reduce the emission of carbon into the atmosphere. The primary challenge is to have more electric charging stations for charging the vehicles. In most situations, the EV owners tend to travel many miles before they can get access to these charging stations.
The FRED SOLUTION
The FRED Energy project solves that through the provision of more electric charging stations in the locations where they are needed. It facilitates that through the Project Energise that is designed to work in tandem with the growing mass adoption of Electric Vehicles (EVs), a move that would usher in need of more EV charging stations.
The primary concentration would be in Asia, from where it can spread the tentacles to other parts of the world, such as the UK and the US. Above all, the EV charging stations would be delegated under a community hub approach, where it would serve as both the basis for charging networks.
CHALLENGE THREE: Inability to Expand the Electric Tuk-Tuk Market
Tuk-Tuks are compact or mini taxis for transport. They are predominant in Asia and Europe. These Tuk-Tuks emit many carbons, which contribute to air pollution. They also consume much fuel.
Although the drive to introduce electric Tuk-Tuks into the market has been on for some time, it hasn’t been able to get the needed adoptions, because of the limited sponsorships.
THE FRED SOLUTION
FRED Energy has taken up the mandate to sponsor the procurement of electric-powered Tuk-Tuks. It would not only provide the taxis at affordable rates to the drivers but also to boost the quest for green energy in the electric Tuk-Tuk market.
CONCLUSION
If you have been looking forward to the expansion of the Electric Vehicle (EV) market, then the propositions from the FRED Energy blockchain-based project is a perfect way to increase the fortunes of the industry.
Now, the global EV market can be sure that the needed sponsorships for the development and launch of more Electric Vehicles (EVs) would be offered without hassles through FRED Energy.
USEFUL LINKS
Website: https://token-sale.fredenergy.org/
Whitepaper: http://token-sale.fredenergy.org/FREDEnergy-Whitepaper-v1.1.pdf
Telegram: https://t.me/FREDEnergycommunity
Twitter: https://twitter.com/energy_fred
Facebook: https://www.facebook.com/TheFredProjectOfficial
AUTHORS DETAILS
Bitcointalk username- Uju4real
Bitcointalk profile link- https://bitcointalk.org/index.php?action=profile;u=2202971