whats the difference between wepower and power ledger? as power ledger already have a good market performance, i think it will be hard for this one to proceed, i wonder how is the pre-ico going
Hi! If you compare WePower and PowerLedger whitepapers, you will see a clear distinction between two companies.
WePower focuses mostly on financing of renewable energy producers globally. The business model, depth of market, commercial and technical analysis provided in WePower whitepaper (
https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view), MVP and specific partnerships cannot be compared with any ICO in the energy market or copied from any other venture. The model is unique because the financing is based on sale-purchase of tokenized energy that will be produced in the future. This allows to increase ROE for the renewable energy producers, offer good return rates for the investors and make it a global platform, without falling under financial regulation. Since this is 100% transparent platform, the blockchain platform is connected to the energy infrastructure, which will allow WePower to become the next generation utility company once the renewable energy volumes will increase (in order to offer electricity 24/7). PowerLedger focuses on sale of surplus solar energy.
PowerLedger just recently provided more detailed description about their asset germination events. PowerLedger claims on their webpage that it will allow to trade ownerships of the assets (solar, wind or battery farm) and receive allocated revenues based on the proportion of ownership. In simple words, solar, wind or battery farms will issue securities (due to profit distribution and tradability features), which will be tradable on the PowerLedger platform. Each security issuance will trigger financial/securities law regulations and become a costly and a local fund raising mechanism for the farms. Moreover, PowerLedger will become a trading facility, which is also regulated by financial laws. We believe that this model does not bring innovation to the energy market and does not require blockchain or token issuance. Many operating crowdfunding platforms can offer that already.
However, we wish all projects in the energy market best luck since everyone is trying to be part of a decarbonized future.
