Energy is the source of life on Earth and this is one of the things that makes the human population on this planet possible. We are constantly looking for ways to harness energy sources for our survival. Increased use of nonrenewable energy sources has put enormous pressure on the limited resource reserves on the planet. When people begin to feel the harmful effects of this activity on this planet and their daily lives, they begin to look for other sources of energy that are harmless and renewable.
Another energy that is also quite dominant in human life today is the energy of light. When calculated then the energy of light is the largest energy that can be found on this earth. this is because the light source itself comes from the sun which is the most useful star in our solar system. light has many functions and is used as a source of life for the living beings on our earth, without any light energy then our world will not be able to live with objects that make light energy into the most important energy on earth that makes sense of energy is very important to be understood by every one. Welcome to EtainPower
EtainPower is a renewable energy finance and trading ecosystem supported by blockchain and AI technologies. Supported by a team of top engineers from Silicon Valley, we introduce innovative blockchain architecture to override global renewable energy assets, enabling them to trade quickly and freely through our decentralized and decentralized blockchain technology platform quickly.
EtainPower is a team of experts with a Blockchain technology background, we assist in delivering renewable energy projects overcoming their financial barriers while improving the operation of today's electric utilities. And lure the power of the transaction equation. Therefore, energy has a lot of understanding that suits the researcher who tests it, but ultimately the hypothesis of each energy is the same that there are forces that can change but can not be eliminated or made.
EtainPower develops solutions for people and businesses to harness the power of renewable energy sources. With the power of blockchain technology, they provide scalable and transparent solutions for generation and use of renewable energy. The project can be funded by investors worldwide, and smart contract-based rules and regulations are defined on the platform. Two tokens launched by the platform are used for different purposes. Token EPR (Token Platform) and PPS Token (Power Points) are used by project contributors and producers on the platform.
How The Power of Etain Works, Who Will Get the Benefit?
This project brings together investors and power generators from around the world for lucrative cooperation and stable revenues. Developers receive projects for new power plants (eg, solar cell complex operating in the Bahamas), analyzing the architecture, expected benefits, launching ICO on its website.
Figure 2. Advantages of Etain Power: beneficial tokenization, analytical based on artificial intelligence
Ordinary investors buy EPR tokens that carry project money. The financial flow passes through blockchain, so the legal status of the investor is not a problem, and the guarantee of return is provided by a decentralized architecture. Blockchain is isolated from fiat currency inflation, instability of the political situation, and other investment risks - safe investments.
New power generation projects get funding, developers buy equipment, and start supplying energy in their region. After that, PPS tokens are issued - individual coins for each project, the cost of which depends on the successful operation of a separate power plant, the cost of one kilowatt of energy. This approach takes into consideration regional differences (electricity prices vary by country), allowing investors to gain more, maintaining fair competition between power generators. EPR and PPS tokens can be redeemed for each other at specified exchange rates, converted to coins or other fiat money, or spent on additional services within Etain Power.
Figure 3. Financial flows circulate between investors and power plant developers
System architecture is built on three solutions.
1. Energy Token is a universal token ERC20 standard power plant maker connected to private, corporate investors working around the world. Acceptance of investment income is guaranteed by smart contracts that determine future power generation features. Innovations always go beyond the usual schemes, so blockchain is the best way to name all possible scenarios, to insure investors against losses.
Figure 4. Prospects for using Etain Power in the electricity market
2. Diversification of Return on Investment - with individual assistance for each project PPS token, power plant builders can promote their development, seek investors, change income payment models. Etain Power participants sign an PPA (power purchase agreement) with the end user, making all necessary licenses before being placed on the site. This approach reduces the risk of misuse of investment, reducing the number of "unfeasible" projects in the open space of Etain Power.
3. Power Grid Intelligence - developers integrate AI (artificial intelligence) in systems, IoT technology (Internet of Things, sensor systems for equipment), machine learning to improve productivity of power plants in operation. The team stressed: the goal of creating Etain Power is to improve the efficiency of alternative energy sources across the planet, to bring together the interests of investors and ordinary electricity users.
Power plant owners can rent equipment through Etain Power: this platform offers a broad list of suppliers worldwide, payments made in PPS token. The details of the cooperation are negotiated by a smart contract that respects the interests of both parties in the deal.
In the future, using the Etain Power token, you will be able to pay for airline tickets, hotel accommodations, and restaurants. Developers aimed at strategic partnerships with big business, drawing attention to new energy sources. With the help of IoT and AI, the productivity of all power plants that work with Etain Power will be monitored, but large-scale market integration is offered.
How will ICO Etain's Power be Held, and What Next?
Developers have released 10 billion EPR tokens, ICO scheduled to be launched in early July (exact date has not been set) for 30 days. The team plans to collect up to $ 20 million (hard cap), tokens are offered at a rate of 1 ETH = 65,000 EPR.
Most of the token released (35%) will be implemented during ICO, 10% will be transferred to the developer community, 20% will be transferred to the advisor - founder of Etain Power, 20% will be the investment pool (to launch the first project), and 15% will be reserved fund.
Funds received will include five expenditure groups: most (45%) are planned to be spent for further ecosystem development, 10% covers the legal project registration fee (15%), 15% will be invested in either a third party blockchain, platform marketing, and related costs.
ROAD MAP:
Q3 2017
EtainPower has officially started.
Q2 2018
Contract with Antigua Electric Utility
Q3 2018
Wallet PPS 1.0
We have completed the screening criteria for project financing.
Q4 2018
Crowdfounding Platform.beta
600MW energy project contract signed
January 2019,
Crowdfunding Platform 1.0
4/4, 2019
2.6 Increased GW project capital
1Q2020
Exclusive P2P service trading app.
EV Rental and EV Charging
Q2 2020
PPS 3.0 (Microgrid)
Intelligent Grid Development
4Q2020
Smart Grid System 2.0
8.6 Ratioing Capital for GW Projects
CONCLUSION
The power company has always been a company with centralized authorization and operations. While conventional fossil fuels create a fair price for us, it is also a cause of pollution and a hazard to the environment. In recent years the international fossil fuel arena, along with global warming pollutants and developing policies to promote the progress of renewable energy projects.
As a result, companies involved in renewable energy sources have made progress and development in the first direction, and prices for the collection of renewable energy sources are often reduced. Therefore, additional energy initiatives in the field of renewable energy sources are built on the basis of traditional energy tasks on fossil fuels. By 2016, 60% of newly added international energy potential comes from renewable sources.
For more information :
Website: https://etainpower.io
Telegram: https://t.me/etainpower_en
Author: carens
Eth: 0x9e5C152D04eF2649de36146aFc97919be8C2E3D9
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