Peaceful greetings of the universe, this time I will discuss about ICO or project VENUSENERGY, thanks for taking time to read this article. Sampean Pancen Ngeten (JOSS).
What is VENUSENERGY?
VENUSENERGY – The Environment-Friendly Solution For Our Energetic Needs. The past three decades of generally rapid growth worldwide have seen dramatic increases in fuel consumption for heating (homes and offices), transportation, electricity production and industrial use. Due to economic progress and a rising standard of living, the demand for energy is continually increasing.
One of the latest changes that the progress brought is the digital currency, which is the most significant money revolution in all of human history. But the further development of this new concept based on the blockchain technology depends very much on a very important aspect, namely the energy necessary for producing the digital coins, more specifically, the amount of energy needed for mining. At present, the largest amount of energy we use is derived from conventional sources of energy, which are petroleum, gasoline and coal. These are non-renewable sources of energy, which, sooner or later, will be exhausted. The production and use of energy derived from these sources create a series of environmental problems, the most serious of which, as we all know is greenhouse effect.
The VENUSENERGY team has an ambitious vision for the expanding cryptocurrency industry. The team believes the future of money should be powered with a futuristic energy, renewable energy that is. With this in mind, the team has put together an exciting project to start leading by example in the nascent industry with the development and deployment of renewable energy sources to power the VENUSENERGY mining operations.
With the use of wind, solar, and potentially thermal energy sources, VENUSENERGY plans to lead the cryptocurrency mining industry with these renewable energy options. As an industry leader, the VENUSENERGY team hopes to establish a new standard for responsible mining operations, a standard in which renewable energy is used to power mining operations. Let’s take a closer look at the merits of blockchain mining with renewable energy.
Problem
The process of mining new coins requires both energy and computing capacities. The consumption of electric energy is becoming very big, while the remuneration received for the performed computations is not big enough to defray the incurred electric energy expenses. The mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes. The earnings from mining depend on the price of electric energy and the probability to receive a computed hash value. This probability, in its turn, depends on the amount of the computing capacities.
Energy pricing policies play a critical role in stimulating efficiency. At present, they sometimes include subsidies and seldom reflect the real costs of producing or importing the energy, particularly when exchange rates are undervalued. Very rarely do they reflect the external damage costs to health, property, and the environment.Today’s primary sources of energy are mainly non-renewable: natural gas, oil, coal, peat, and conventional nuclear power. All thermal power plants produce waste heat energy as a by-product of the useful electrical energy produced. Such significant discharge of harmful greenhouse gases into the air encourages the greenhouse effect, which causes irreversible effects for the earth and ever-augmenting global warming. The VenusEnergy team does not want to wait for such drastic global changes to come, it does not want to sit and watch the world self-destruct.
VenusEnergy team developed a plan of where to start from and what to do in order to preserve the world while keeping the bitcoins being mined.If you choose to use the solution they offer, the mining works will become cheaper with more people able to perform them; the land resources will be saved and the greenhouse gases as well as global warming will be decreased.
Solution
The VenusEnergy team offers a solution involving the use of renewable energy sources. Using of renewable energy sources for the production of electric energy, which is to be used for the performance of bitcoin mining works, significantly decrease expenses on electricity, meaning that profit received for the works performed is bigger. Also, this leads to saving nature and decreasing the greenhouse effect.
About Token
VenusEnergy ICO started on 1st of May 2018. Their token, the VENUS, is available for purchasing on their official website, at a price of 0.00002900 ETH/ Token.
VENUS token holders would receive energy produced from renewable energy sources; they would also receive mining platform capacities. It means that the VenusEnergy holders will be able to buy mining power in VenusEnergy platform much cheaper than it will cost using other currencies. The discount for VENUS token holders may be between 20% and 30%.
TOKEN INFO
Token VENUS
Platform Ethereum
Type ERC20
PreICO price 1 VENUS = 0.00000920 ETH
Price in ICO 1 VENUS = 0.00002900 ETH
BONUS 50% (LIMITED TIME OFFER) !!!
INVESTMENT INFO
Min. investment 0.087 ETH
Accepting ETH
Soft cap 500,000 USD
Hard cap 50,000,000 USD
Milestones
2017Q4
IDEA
2018Q1
PRE-ICO
2018Q2
ICO 1st stage
2018Q3
ICO 2nd stage
2018Q4
ICO 3rd stage
2019Q1
Start of the project
2019Q1
Start building renewable energy sources
2019Q4
End of building renewable energy sources
2019Q4
Launch of the platform
Team Success
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More Information Visit The VENUSENERGY Link:
Website : https://venusenergy.io/
Whitepaper : https://venusenergy.io/data/uploads/files/venusenergy_white_paper.pdf
Facebook : https://www.facebook.com/VENUSTOKEN/
Twitter : https://twitter.com/Venus_Energy
Telegram : https://t.me/joinchat/Idh46RKtPtuh1d9Gf02iEw
Reddit : https://www.reddit.com/r/cryptocurrencynewico/comments/8bhkr8/venusenergy_step_to_the_cleaner_world_ico_1st/
Instagram : https://www.instagram.com/venusenergy/
Github : https://github.com/MAfia8888/VENUS/
Author : Urang kuceng
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1536267
Myetherwallet : 0x382472b2eEdAF8cC74CfBC8E95001c8dB409002d