I am extremely excited to announce that Credits.Energy is releasing their own Cryptocurrency called CRED which will be traded as CX on the exchanges.
CRED is a universal cryptocurrency with its own mobile app; where buying, sending and receiving
CRED is easy and intuitive.
Credits will have its own blockchain which is a digitized, decentralized public-ledger of all cryptocurrency transactions; constantly growing as ‘completed’ blocks, where the most recent transactions are recorded and added to it in chronological order.
Using the CPU based CryptoNight algorithm, mobile mining the
CRED on iOS and Android platforms eliminates the need for expensive mining equipment.
Buying and using
CRED supports renewable energy and sustainable projects. We will be involved in solar, wind and agricultural projects; all earning residual income to stimulate the Credits ecosystem.
We will be focused on renewable energy projects that progressively earn residual income. The first project is a large Solar Farm expected to generate 25 megawatts of power being pumped back to the grid and re-sold to earn tangible U.S. Dollars. This will be located on the outskirts of Denver, CO. These funds will be used to maintain the
CRED ecosystem while simultaneously increasing the value of your
CRED holdings.
The second project is a large-scale Wind Farm using Vestas turbines; expected to produce 40 megawatts of power. This power will also be pumped back to the energy grid on the outskirts of Denver, CO and re-sold to earn tangible U.S. Dollars.
The third project is a large scale Organic Hydroponic Greenhouse Operation. Our goal is to match consumer prices while surpassing quality and freshness. Long-term sustainability is our goal with all our agricultural projects. We will start by mass producing the most common vegetables and fruits such as tomatoes, lettuce, spinach, cucumbers, eggplant, carrots, potatoes, etc. This will create a long-term revenue stream for other green projects.
To achieve these objectives, Credits will be having an Initial Coin Offering (ICO) for early users beginning in mid-March upon the completion of our PreICO period. PreICO pricing is set at $0.005 which will increase to $0.01 during the ICO stage. Invest now before prices go up!
Currently, the Android app is live and available through the Google Play Store. We will also be developing a windows and mac wallet immediately after the Apple App is live (currently being reviewed by Apple). These Apps will be cross-platform compatible.
Funds raised by
CRED will be utilized towards the development of Credits Projects. As
CRED increases in value from residual income from its projects; that money will be re-invested to improve the platform.
10% of the profits from these projects will be donated to charities with humanitarian purposes.
