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May 29, 2018, 09:31:34 PM |
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ETAINPOWER ICO FAQ
Q:What is an ICO
A:An Initial Coin Offering (ICO) is An unregulated means by which funds are raised for a venture in the case of ETAINPOWER that would be renewable energy projects.In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for other cryptocurrencies for ETAINPOWER that would be PPR AND EPS.
Q:What is the Blockchain
A:Blockchain technology is an innovative internet database technology. It is an independent, decentralized, verifiable, and permanent database that coexists in multiple locations and is shared by the community. By design, blockchain is inherently resistant to data tampering. Because the blockchain records can be openly viewed by everyone within the platform, and everyone makes records accordingly, once a transaction happens on the platform, it is verified by everyone within the platform. Therefore, it is extremely difficult, and almost impossible, to falsify the transaction record.
Q:What does Etainpower do
A:EtainPower is a team of experts with a background in Blockchain technology,we help provide renewable energy projects overcome their financial barriers.P While at the same time improving the operation of the current power grid utilities.and enchanting the equality of electricity transactions.
OUR TOKENS
In ETAINPOWER the tokens are PPS AND EPR:A token is a digital currency that is sold during the ICO period of a cryptocurrency companies campaign for fiat currency or in the ETAINPOWER scenario for Ethereum. Tokens do not have there own blockchain and are instead hosted on other Blockchains such as Ethereum or Bitcoin.
After the ICO is over ETAINPOWER will release the token onto our exchange platform where it can be used to invest in renewable energy projects and fluctuates in value as the company matures.
Q:How do I know if Etainpower is worth investing in
A:We solve a problem few others seek to take on.When project owners lack the funds to create a renewable energy installation ETAINPOWER helps them gain the funds they need in order to do so and in return will receive energy assets in return because each token on the ETAINPOWER platform is equal to 0.32 KW energy.As more projects join our platform the value of our tokens will increase because the project owner has to donate 1% back into the platforms exhange. We currently have a few majors projects that we have signed contracts with to help raise funds for and now just need your help to make something great.
One of our major projects we are funding is a renewable energy installation on Antigua island.
Q:What is the SOFT CAP & HARD CAP
A:What is the soft cap for the ETAINPOWER ICO
4,000 Ethereum
A:What is the hard cap for the ETAINPOWER ICO
65,000 Ethereum
A:How long is the Presale
May 7th - May 20th
Q:How can I invest in Etainpower
A:If you visit our website at ETAINPOWER.IO and register for an account you can begin using our platform on may 7th and purchase our tokens using ETHEREUM.
Q:What is EtainPower Tokens Model
A:EtainPower platform has two tokens: EPR (platform token) and PowerPoints (PPS), the two tokens are used together to achieve the blockchain based AI energy trading platform. EtainPower is a blockchain based renewable energy trading platform. Renewable energy producers can issue PPS and complete project financing via the platform. The actual value of the PPS equals the price of electricity the producers commit to delivering in the future. During project financing stage, renewable energy producer sells electricity to investors in the form of PPS, at a price lower than the actual value. The value of PPS will be activated when the project generates revenue. Investors can use the PPS in three ways:
a. Exchange PPS for equal value EPR on EtainPower platform;
b. Pay to power producer or power utilities to get the electricity they need; or,
c. Pay for other services in EtainPower ecosystem such as refueling your electric vehicle shown below.
ELECTRIC CHARGING STATION FOR VEHICLE
Q:Where is the company based
A:We have two offices one in Fremont,California and one in Shanghai China.
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