Tuesday, July 24, 2018

ETAINPOWER:REVIEW

Global Warming has been one of the major concerns today and several significant policies have made sure to promote the use of “renewable energy” to higher levels. Not only renewable sources of energy serve the purpose right but also help in controlling the major ongoing trouble with the unnecessary usage of energy these days. Etainpower is here to Help in this aspect by creating a source for renewable energy for people all over the world.
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What Does EtainPower Do

EtainPower has the vision to build renewable energy that is based on a smart power grid which is operational and is based on decentralization, transmission and it also has a principle of zero-emission. It also helps provide renewable energy projects overcome their financial barriers.

How It Works

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.
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Why Invest In EtainPower

Prior to any of the new renewable energy projects being listed, EtainPower’s founders need more financing baked by due diligence. Etainpower ensures that their project will meet the investment criteria investors expect. There will be third parties involved as well to help ensure everything is conducted accordingly. One of the most important factors of everything working is that Etainpower is able to create relationships with the utility companies who are willing to cooperate in order to lower the cost of power.

How Can You Invest In EtainPower

Visit website at ETAINPOWER.IO and register for an account and you can begin using Etainpower platform ,and purchase tokens using ETHEREUM.

About Token & ICO

Name: EPR
Total Supply: 10,000,000,000 EPR
Token for Sale: 3,500,000,000 EPR
Exchange Rate For Token Sale: 1 ETH = 65000 EPR
Soft Cap/Hard Cap: 3.0 Million USD/20 Million USD
Main Token Sale Date: July 2018
Period of Token Sale: 30 days

Development Of Project

• First Stage (Through Q1 2019): The first stage is to launch the blockchain based renewable energy financing platform.
• Second Stage (Q2 2019 – Q1 2020): At this stage, Etainpower team will focus on platform optimization to launch a series of application services for PPS holders. During this period, the first batch of renewable energy projects financed on the platform will complete construction and commence generating electricity.
• Third Stage (Q2 2020 & beyond): At this very stage, Etainpower will commence working with power utility companies to upgrade existing power grids. Utilizing Blockchain, Artificial Intelligence and Smart Grid with improved efficacy, transparency and equity between parties.

Use Of Funds

Proceeds raised from token sale will be used for the R&D of EtainPower platform, and the business development. The fund will be used as follows:
According to EtainPower development plan, the proceeds of funds will be used as follows:
  • 45% of the proceeds will be used for the EtainPower platform and ecosystem development.
  • 10% of the proceeds will be used for legal compliance with the energy sector requirements.
  • 15% of the proceeds will be used to acquire other energy blockchain technology and assets.
  • 15% of the proceeds will be used for advertisement, branding and business development.
  • 15% of the proceeds will be used daily operating expenses such as office expenses, travel expenses, transportation expenses, conference fees, office staffs and servers, etc.
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Conclusion

EtainPower is working with government, power utility company and
renewable energy producers in other Caribbean regions to implement the renewable energy financing
solution. In addition, EtainPower is also discussing with some companies and non-profit organizations in
East Africa, Southeast Asia, China and the United States. Owners of 300MW renewable energy projects
have agreed to do project financing on EtainPower platform.
The future does not look bleak and etainpower project looks very fascinating for Investors
Jump on board and Invest .

Links

Author: belushiiwuzeree


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