Abstracthttps://www.youtube.com/watch?v=7GNAUJLsQAU&t=8sEtainPower is building up a blockchain based renewable energy trading platform. Through blockchain and smart contract technology, EtainPower will tokenize the renewable energy revenue and help renewable energy producer complete project financing. EtainPower will build a decentralized, fair and transparent financing environment, reduce financing cost while improving efficiency for project financing, and therefore promote the development of renewable energy.
EtainPower will build the effective channel for global investors to access and invest in renewable energy projects, EtainPower will conduct due diligence to ensure project quality and the investor’s benefit. Project investor can either change the energy token to the EtainPower token or electricity or use the energy token to purchase various services within the EtainPower ecosystem.
Furthermore, EtainPower will make use of AI technology to optimize renewable energy grid connection, create smart grid technology to ease the adoption of renewable energy, and enhance the elasticity of the power grid.
The Value of EPR TokenEach EPR stands for the contribution people make to the development of renewable energy project, and the efforts people make to reduce air pollution and mitigate the global climate change. Specifically, the usages of EPR are the following:
1. All projects that successfully complete financing on EtainPower platform will donate 1% of the PPS they issue, which will be shared by all the holders of EPR. When more and more projects complete financing, the value of EPR will be increased accordingly;
2. When a renewable energy producer issue PPS, EPR holders can buy PPS with EPR. Those who purchase PPS with fiat currency or cryptocurrency other than EPR need to pay an extra fee.
3. For projects successfully completing financing, EtainPower will charge for the platform fee, part of which will be used to buy back EPR at market price. The purchased EPR will be distributed to the market for free.
4. Besides saving extra money by purchasing PPS, EPR holders can also enjoy other services provided by the EtainPower platform.
5. Each EPR holder has the right to vote for the listing of a new project on the platform.
ICO Pre-sale PlanDates: May 7th - 20th, 2018
Pre-sale Price: 1ETH = 100000EPR (54% bonus)
Main-sale: TBD
35% for private placement and public offering
20% for ecosystem rewarding pool
10% for community development and operation
15% for foundation reserved
20% for EtainPower Founding team incentives
Partners & Investors
1. Shell Capital
2. ARCHina Capital Partners
3. Crypto Starup
4. William Jessup University
5. Patten Holdings
Official LinksWebsite:
https://etainpower.io/Whitepaper:
https://etainpower.io/resource/EtainPowerWhitePaper.pdfReddit:
https://www.reddit.com/user/Etainpower888Youtube:
https://www.youtube.com/watch?v=7GNAUJLsQAU&t=8sTwitter:
https://twitter.com/EtainPower_ioFacebook:
https://www.facebook.com/EtainPower-216720922246640/Telegram:
https://t.me/etainpower_en
