Our modern life built on energy. Energy has always existed, and it makes the Earth to rotate. But today the sources of energy are changing. Hundreds of years we traveled on highways and roads on fossil fuels, used it on an industrial scale in plants and factories. But taking into account its consumption rate, the question when fossils will end is only a matter of time. The energy problem consists in the search for alternative energy sources, which can match or even surpass the currently used.
Using a simulation system, scientists calculated the scenarios for the development of renewable energy sources for 145 regions of the world. The study showed that by 2050, 139 countries will be able to live comfortably, using only the energy of wind, water and sun. At the same time, the energy transition will create 36 million jobs by 2050. Today, 19 million people are involved in the RES sector. The world becomes green!
What is WePower?
What if, besides a great benefit to the environment, you can sell unused energy for even greater advantage? Introducing WePower — a blockchain-based green energy trading platform.
WePower enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy investment ecosystem. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.
What is the function of the Blockchain here?
In today’s changing reality, energy becomes decentralized in nature and it requires a decentralized delivery system. With the application, which WePower are building, the energy grid will function and be optimized even under extreme conditions.
- Innovative community interaction across applications;
- Provide 3rd party liquidity through exchanges and decentralised exchange protocols;
- Enhanced efficiency due to smart contract elimination of intermediaries;
- Enhanced security due to immutability of data;
- Cheaper maintenance vs centralised database;
- History of transactions and prediction of transactions;
- Fault tolerance for DApps due to decentralised nature of blockchain
WPR — Real asset based token
All token sale contributors will receive WPR tokens, which will grant rights to priority access to participate in tokenized energy sales. WPR token holders will be first bidding to acquire energy from each new plant joining the platform.
Under the WePower platform’s terms & conditions, each renewable energy producer will be required to donate 0.9% of all tokenized energy to the WPR token holders. Each WPR token holder receives tokenized energy proportionally.
In the end, I would like to say, that the role of inexhaustible energy sources is invaluable and our future depends only on us. Join the green revolution!
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