- Fisrt you wil ask "What is KWHCoin ?"
This is a brief answer about it :
KWHCoin is a blockchain-based community, ecosystem and cryptocurrency backed by units of clean, renewable energy. Physical units of kWh energy are leveraged from multiple sources including smart meters, sensor readings and green button data. This measurable output is tokenized on the blockchain to create KWH tokens.
- And "What will KWHCoin do?"
To improve the lives of the 1.2 billion people across the globe without reliable energy access. KWHCoin will achieve this by building a platform that allows anybody in the world to buy or sell renewable energy resources through The Grid—a blockchain-based renewable energy platform.
KWHCoin will allow the underserved to claim energy independence. Not only will they have the freedom to choose their energy providers, but they can also sell their own renewable energy to others through The Grid in the form of KWH tokens.
By lowering the cost of renewable energy transactions, KWHCoin will allow renewable energy to expand and bring newfound power to the farthest reaches of the world.
Blockchain and other distributed ledger technology systems are the underlying protocol used to secure KWHCoin and the execution of energy transactions on the platform.
This technology will enable the safe and secure transmission of energy data and ownership information by transacting all details in a public ledger, processed by decentralized computers all around the world.
This capability now provides us with the incredible potential to create a virtual, clean renewable energy company where the energy that is generated is stored on the network as KWHCoin.
These distributed energy tokens created will be assigned energy token identification on The Grid. KWHCoin has no central repository and no single administrator so the entire network owns this energy company of the future, maximizing value at all points of creation and generation of the distributed energy resources. This energy company model will provide a balancing effect on all resources that contribute to the generation of value.
With a store of data that no one can own, alter, or control, we now have the framework and digital foundation to rely on data that is stored. This immutable store of data is the essence of the network and goal of this project to use technology as a medium to lower the barriers to energy markets and economic freedom. This also removes the pressure of creating peer-to-peer exchanges without the need for a third party or central institution unilaterally controlling decision making and functionality.
KWHCoin will be the token used to store data and assign the appropriate context to determine value. The Grid will be a user- friendly application and desktop interface that will serve as a public distributed ledger of all the energy information and transactions that take place as part of the network. These components paired with the emerging Internet of Things and Internet of Energy represent an exciting opportunity to contribute to building the 21st century global renewable energy grid.
KWHCoin - What is PROOF OF CONCEPT ?
They are partnering with PATH, an organization committed to ending homelessness for individuals, families, and communities. KWHCoin has connected with 10 local businesses that will accept KWHCoin as currency in exchange for goods and services.
PATH members will receive KWHCoins for their recycling, street sweeping, and other circular economic efforts, providing the framework for us to build a local, digital economy with cryptocurrency. KWHCoin is exploring other use cases.
PATH (San Jose) http://www.epath.org/site/PATHSanJose/index.html
" As the world's poorest begin to gain access to global markets, KWHCoin aims to provide access to clean energy markets to anyone with a smartphone or computer. "
They will build the energy profiles necessary to connect microgrid developers, clean energy advocates, humanitarian workers, and others in order to deliver rails of energy to underserved populations globally.
Volunteers and Community Members. They are all global citizens and this is a global project, so we’re hoping that all walks of life interested in an independent energy future and contributing to the goal of powering the world will join the KWHCoin platform.
- KWHCoin Initial Coin Offering Details
The KWHCoin Public Ico s scheduled to launch near the end of January 2018. The currently agreed total supply of KWH tokens including the rate of issuance has been determined based on the products, services and the scale of the virtual and physical renewable energy assets to be created.
The total supply of KWHCoin is 195,000,000 and will decentralized peer-to-peer energy economy 19,5 million KWHcoins will be used to fund the building of Microgrids and Developing off Grid technologies in Africa, Puerto Rico, South America, Southeast Asia and the Caribbean.
Token distribution
Coin in Circulation : 3,732,000
Coinset for microgrids to electrify : 19,500,000
Coin allocated to funders principls and partner : 51,768,000
Coin allocated for PreSale :15,000,000
TOTAL COINS SOLD
15,000,000
1 ETH = 12,308 KWH
1 Ethereum = $800 | 1 KWH = $0.0655,00
Sources:
Website: https://kwhcoin.com
Whitepaper: https://kwhcoin.com/wp-content/uploads/2017/12/KWHCoin-White-Paper-REVISED.pdf
Social Medias:
Telegram - https://t.me/kwhcoin
Twitter - https://twitter.com/kwhcoin
Facebook - https://web.facebook.com/KWHCoin
Linkedin - https://www.linkedin.com/company/27156455
Contact : contact@KWHCoin.com