# Blockbusters World ICO Briefing
Unblocking Whitepapers To Keep You Moving Through the Mountain of Information ## By @the.blockbusters ## WePower:
A Blockchain for Green Energy Capital and Futures Trading

Release Date: February 1st 2018

* Website: [WePower.network](https://wepower.network) * WhitePaper: [PDF](https://drive.google.com/file/d/0B_OW_EddXO5RZjhuTlgwNkQtSEU/view) ## Executive Summary * WePower is a blockchain to raise capital and trade future production value of renewable energy producing plants through the tokenization and auction of said tokens issued per project and per time horizon. * One energy token sold on WePower blockchain auctions represents 1 kWh of green energy to be produced in the future (4-6 months) and redeemable for delivery, traded pre delivery, or sold on the wholesale market at time of delivery. * **Sale Parameters** * $200 Minimum Investment * Sold tokens represent 55% of tokens all available * Management (35%) Tokens Locked 3-4 yrs for vesting * Unsold Tokens Burned * Structured to be a European Union Compliant Token Sale * Closed to Contributing Investors Not Whitelisted by January 17th 2018 # WePower Evolving Energy Markets WePower is the blockchain based solution to evolve energy markets by creating a blockchain network where energy producers auction project specific tokens redeemable for future energy use. The time horizon for future energy production is four to six months. WePower token (**WPR**) holders get priority access to energy producers auctions proportional to the WePower token holders amount of **WPR**. Every energy producer linked into the WePower network will hold project specific auctions for tokens redeemable for future energy output. Additionally, there is a 0.9% network fee for auctions that is then distributed to WePower token holders through an on chain Donation Pool. WePower token holders will have 48 hour priority to the energy auctions, after-which common WePower participants will have access to the auctions. The goal of the WePower network is to give energy producers access to global capital and lower investment costs for these capitalized projects through discounted prices for the WePower network. This allows the energy producers to buy back and investors to buy in, at rates not achievable through standard energy markets. WePower tokens auctioned per project themselves are pegged to the WePower lowest market price of one killowatt hour at time of the auction. > For example, a renewable energy producer is building 100 MW solar energy capacity plants in Spain. The cost of such a project is estimated at 100 million EUR. The producer lacks 20 million USD to bring the project to life. Using WePower the producer tokenizes the projected production of energy of 20 million USD and sells it up front. To incentivize buyers, the producer is always selling its energy below market price which they can use for themselves or sell on the marketplace. - WePower Whitepaper Leveraging a public immutable blockchain is necessary to keep historical records of auctions and energy prices, providing minimum and maximum price references transparently available to all WePower participants. Additionally, the blockchain provides a lower cost of operating fault tolerant databases, smart contract elimination of intermediaries, and a liquid transferable asset for exchange. # WePower Token Sale Specifics The WePower token sale was open to potential contributing investors request for ERC20 wallet whitelisting until January 17th. This measure was taken to comply with KYC regulations. During the first five hours of the token sale an individual limit will be set. There is a minimum of $200 USD per sale of ICO tokens. The WePower team has worked with Euro Union regulators to keep the token sale with current regulation and interpretations. The WePower tokens are currently tied to contracts for 1000 MWh from solar energy projects in Spain and Italy who have committed to tokenizing at least 20% of their energy production. **WPR* token holders from the sale have three immediate options: use for redemption of energy delivery, sell tokens before delivery, and sell on wholesale market at time of delivery. The total WPR token supply will be determined by the ICO sale. Tokens sold at the ICO sale will comprise 55% of total WPR token supply. An additional 20% proportional value of the pre-sale and public of WPR tokens will be locked up for three years in a vesting program for WePower managment. An additional 10% proportional value will be locked up for four years intended for future use. An additional 15% proportional of the initial ICO will be used for community growth. Any additional tokens minted but not within the above allocation outline will be burned. The WePower team has set a hardcap of $35 million USD, a softcap of $5 million USD. The cost of ICO WPR tokens is 4000 WPR per Ethereum coin. # Conclusion WePower represents an forward thinking effort to modernize energy markets using blockchains exactly as they were intended. The technology needed to implement WePower is available and working today, thus participation in the ICO does not bear extreme risks to technical deficits. The market models used by WePower are also standard practices in use today. By leveraging blockchain technology, WePower stands to truly evolve and update energy markets.