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Alternative energy sources are gaining popularity - energy prices are rising, the volume is inexorably declining. Solar panels, hydroelectric power stations, biofuel development are in full swing, but ... How to invest in an ordinary investor? Often such projects are conducted in remote corners of the planet, isolated from financial centers. Blocking can make investment affordable.
Figure 1. The concept of Etan Power - effective energy, clean ecology
Developers Etain Power offer a platform for financing "green" energy sources: now every investor can invest in an interesting project without tedious searches, paperwork, currency transfer. The project team has a huge experience in developing power plants built on renewable sources, so it realizes all the features of the market.
How does Etain Power work, who will be useful?
The project unites investors and power plant creators from around the world for profitable cooperation, stable income. Developers receive a project of a new power plant (for example, a complex of solar batteries operating in the Bahamas), analyze its architecture, the expected benefits, launch the ICO on its site.
Figure 2. Advantages of Etain Power: profitable tokenization, analytics based on artificial intelligence
Ordinary investors buy EPR tokens, bringing the project money. Financial flows go through the block, so the legal status of the investor is unimportant, and the decentralized architecture ensures a return guarantee. Blocking is isolated from the inflation of the currencies, instability of the political situation, and other investment risks - investments are safe.
The project of a new power plant is gaining funding, developers are purchasing equipment, they are starting to supply energy in their region. After that, PPS tokens are issued - individual coins for each project, the cost of which depends on the success of a separate power plant, the cost of one kilowatt of energy.
This approach takes into account regional differences (electricity prices vary by country), allows investors to earn more, maintains healthy competition between power plant creators. EPR and PPS tokens can be exchanged for each other at a fixed exchange rate, converted into other coins or fiat money, and spent on additional services inside Etain Power.
Figure 3. Financial flows are circulating between investors and power station developers
The architecture of the system is built on three solutions.
- Energy Token - universal tokens of ERC20 standard connect power plant creators with private, corporate investors working all over the world. The receipt of investment income is guaranteed by smart contracts that specify the features of the future power plant. Innovations always go beyond the usual schemes, so blocking is the best way to mention all possible scenarios, to insure investors against losses.
Figure 4. Prospects for using Etain Power in the electricity market
Diversified Investment Returns - with the help of individual for each project of PPS tokens, power plant developers can promote their development, search for investors, change the model of income payment. Etain Power members sign a PPA (electricity purchase agreement) with end users, issue all necessary licenses before placing on the site. This approach reduces the risks of misuse of investments, reduces the number of "non-viable" projects in the Etain Power space.
Power Grid Intelligence - developers have built in the AI (artificial intelligence) system, IoT technology (Internet of Things, a system of sensors for equipment), machine learning to improve the productivity of operating power plants. The team stresses: the goal of creating Etain Power is to improve the efficiency of alternative energy sources on the whole planet, to unite the interests of investors and ordinary users of electricity.
Own power plant owners can rent equipment through Etain Power: the platform offers an extensive list of suppliers around the world, payment is made in PPS tokens. Details of cooperation are negotiated by smart contracts that respect the interests of both parties to the transaction.
In the future, with the help of Etain Power tokens, you will be able to pay for airplane tickets, accommodation in hotels, visiting restaurants. The developers are aimed at strategic partnership with big business, attracting attention to new sources of energy. With the help of IoT and AI, the productivity of all power plants cooperating with Etain Power will be monitored, a large-scale integration of the market is expected.
How is ICE Etain Power going, what's next?
The developers released only 10 billion EPR tokens, ICO plans to launch in early July (the exact date is not yet established) for 30 days. The team plans to collect up to 20 million dollars (hard cap), tokens are offered at the rate of 1 ETH = 65,000 EPR.
Most of the released tokens (35%) will be implemented during the ICO, 10% will be transferred to the developer community, 20% will be transferred to the Etain Power founders, 20% will be the investment pool (to launch the first projects), 15% will be the reserve fund.
The received funds will cover five groups of expenses: the greater part (45%) is planned to spend on the further development of the ecosystem, 10% covers the costs of legal registration of the project (obtaining licenses), 15% will be invested in attracting third-party block projects, marketing the platform.
According to Roadmap, in the third quarter of 2018 will earn PPS Wallet to raise funds, and at the end of this year there will be a beta version of the platform. The first quarter of 2019 marks the release of the full version of the platform, by the end of the year contracts will be signed for the construction of power plants to produce 2.6 gigawatts of energy.
More Information Visit The ETAINPOWER Link:
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Website : https://etainpower.io
WhitePaper : https://etainpower.io/resource/EtainPowerWhitePaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4314921
Facebook : https://www.facebook.com/EtainPower-216720922246640/
Twitter : https://twitter.com/EtainPower_io
Telegram : https://t.me/etainpower_en
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Author : Cindy_wey
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Eth Address : 0x7933923Bf1ED8793C79e121C1F824873eD2B8Dec