What is Ecowatt about ?
EcoWatt is a socially minded next generation renewable energy company that aims to disrupt the green energy market by creating the first easily accessible community driven renewable energy company dedicated to providing clean green energy to the world. EcoWatt is setting up a renewable energy platform and issuing the EcoWatt Token, this makes it possible for the community to access electricity markets in the EU, invest in renewable energy assets, and create the infrastructure necessary for peer-to-peer trading of energy.
The EcoWatt Token is a finite supply asset that holds the tokenized beneficiary rights of an equity share in a growing physical renewable energy portfolio. In a nutshell EcoWatt offers an asset backed stable coin that increases in value while offering security, liquidity utility and social impact. Tokenomics are simple. 1 billion Tokens are mined by building a 1 billion Watt Power (Wp) physical asset portfolio. This means that 1 Token equals 1 Watt of renewable power connected to the grid.
On top of the asset backing and benefit of a revenue share, the Token will unlock additional utility as the power plant portfolio grows larger and earns more income.
ECOWATT ECOSYSTEM
COMMUNITY GOVERNANCE
Hodl & Staking Rewards are calculated daily after the initial 3 month lockout period. Settlement occurs quarterly following a trust reporting schedule and token rewards are paid directly to the token holder’s wallet. If tokens are sold early, the smart contract will automatically calculate settlement for the previous calendar day and issue the corresponding reward on the next payment date. New token holders will start their lockout period starting the next calendar day.
EcoWatt wants to give communities a voice and will encourage them to participate in project identification and vote on social and ecological impact projects. It is the goal of the trust to build a self-governing community with moderators selected based on activity, subject knowledge and proof of ownership as token holders. The community will vote on social impact projects presented by the Trust and selected third parties and contribute to a cleaner, greener and more sustainable world. To participate in community based activities, a member must stake their specified % of EcoWatt Tokens. Beyond that, everyone is equal and contributions are selected by the community on merit before a final decision is made by the Trust.
Mission
The further expansion of the EcoWatt ecosystem will include a wide array of services. The company is planning to create further investment opportunities in the production of renewable energy, to attract developers to utilize the platform and create exponential growth. Additionally, the ecosystem will create the required architecture for people to trade energy generated by their own renewable sources such as sun, wind, hydro and biowaste. Community members will receive exclusive discounted early access to all future projects as the EcoWatt solution is expanded to serve third party projects.
The goal of the EcoWatt platform is to create the first self-sustaining community driven renewable energy owner/developer in the world. Being driven by the community will allow the EcoWatt team to make decisions that value social and ecological impact higher than traditional shareholder demands. The EcoWatt team is uniquely suited to achieve this mission. EcoWatt combines renewable energy professionals, with Blockchain experts and social impact entrepreneurs. Individually and as a team, they have built large-scale wind and solar plants in several European countries in the last 20 years. By leveraging the blockchain, EcoWatt enables investors, communities, and individuals to participate in renewable energy projects and facilitates a decentralized marketplace for renewable energy assets.
FUTURE APPLICATIONS
EcoWatt will leverage the operating assets in order to provide liquidity for the community. A pre-paid debit card will be made available that enables cardholders to spend balances that are linked to the EcoWatt Wallet mobile application. The goal is to provide high liquidity to the community and integrate crypto solutions in everyday life.
Once the required mining target has been reached, EcoWatt platform will unlock a lending feature that provides fiat loans against EcoWatt Token collateral. Low-cost loans will be made available for all members who stake their coins, as well as provide low-cost loans to renewable energy and social impact projects.Further expansion of the EcoWatt ecosystem will include a wide range of services. The company plans to create further investment opportunities in renewable energy production, to attract developers to take advantage of the platform and create exponential growth. In addition, the ecosystem will create the necessary architecture for humans to trade the energy generated by their own renewable sources such as sun, wind, water and biological waste. Community members will receive early access to exclusive discounts on all future projects as EcoWatt solutions are expanded to cater for third-party projects.
STABILITY
As an asset-backed token, it is also the first of its kind, requiring no exposure to Fiat currency or passive gold, but rather derives its value from income-generating assets. This means it is inflation proof and increases in value over time floating upwards with inflation, while also increasing in value in terms of asset-to-token ratio and ever-increasing utility and demand.
UTILITIES
The EcoWatt token is the first real-world asset-backed appreciation token that offers asset-backed security, store of value, reward income, and financial utility while driving environmental and social impact.
Maximum supply of 1 billion tokens, which are mined by providing liquidity to build a power portfolio of 1 billion (1,000,000,000 Watts) of renewable power generation assets. As the portfolio grows beyond the mining target of 1 billion Wp, the token value increases as the token supply remains.
Using our 2025 target of 5 Watt Power per 1 Token, the estimated value per Token could exceed EUR 15.00 driven by asset value, asset income, borrowing power, financial utility and Token scarcity versus demand.
ECOWATT TOKEN
The EcoWatt token derives its core value from physical revenue generating renewable energy assets. This gives the Token increased value and income, which increases as the asset portfolio support grows larger. On top of asset support and the benefits of revenue sharing, the Token will unlock additional utility as the portfolio grows larger and generates more revenue. In the future, this asset backing will enable EcoWatt to offer low-cost liquidity lending solutions to community members staking their tokens as well as prepaid debit cards that allow members to spend their earnings based on crypto income freely across thousands of stores. live.
LIMITED TOKEN OFFER
Stock mining proof
– 1 billion Tokens mined by acquiring renewable energy assets
– 1 mined token equals 1 Watt of Installed Renewable energy asset Power.
Asset Backed Security
– Valuable store of value backed by real world income generating assets.
– Earnings from Hodl & Staking rewards backed by real world income generating assets.
– Liquidity
– Token Guarantee unlocks credit card payment features
– Token guarantee allows access to cheap loans
Utilities
Exclusive access to community discounts
– Exclusive access to future projects
– Exclusive vote on social impact projects
Bragging rights Impact
– 750,000 Tons of CO2 will be saved annually by renewable assets.
– 2 million trees will be planted every year.
ECOWATT TOKEN OFFERING
● An allotment of less than EUR 100.000 is possible to fewer than 150 non-qualified investors per EU Member State according to the EU Prospectus Directive.
The EcoWatt Token will be offered via the Tokeny powered EcoWatt platform and will be later available at selected exchanges. Token mining requires a one-to-one ratio of 1 Token being backed by 1 Watt of Power. In order to achieve this, EcoWatt has arranged two funding rounds before transitioning into a public access liquidity pool for community members to purchase discounted Token claims.
A total of not more than 1.000.000.000 tokens will be mined and released onto the Ethereum block-chain via the Polygon (Matic) Network as ERC20 T-Rex tokens.
TOKEN NAME: EcoWatt (ECW)
TOTAL TOKEN SUPPLY: 1.000.000.000 ECW
TOKEN MINING ALLOCATION:
• Founders: 7%
• Advisers 3%
• Company, Team 10%
Community Mining Token
• Private Sale I & II 10% (4,5% + 5,5%)
• Mining Pool: 70%
DATES
PRIVATE SALE I: CLOSED (Fully Subscribed)
Minimum Buying Amount: 125.000 EUR, sophisticated investors only*
Token allocation: 45.000.000 ECW @ €0,05 per ECW Lockup period: 6 to 12 months
PRIVATE SALE II: 15/05/2021 – 15/06/2021
Minimum Buying Amount: 125.000 EUR, sophisticated investors only*
Cryptocurrencies accepted: Bitcoin (BTC), Ethereum (ETH)
Token issue: 55.000.000 ECW @ €0,10 per ECW Lockup period: 6 to 12 months
LIQUIDITY MINING POOL: 07/2021
Open ended until 700.000.000 Tokens mined.
Minimum buying amount: 100 EUR
Token issue: 700.000.000 ECW @ €0,30+ per ECW No vesting period / no lockup
EcoWatt token buyers will have to undergo the KYC procedure. Moreover, certain restrictions will apply for participants from various countries.
Our team
The ECOWATT team consists of passionate professionals with extensive experience in renewable energy, real estate development, finance, and digital solutions.
The company is headquartered in Dublin, Ireland, and has subsidiaries in Bucharest and Istanbul.
Thomas Puskas
Managing Director,
Founder
Paul Flynn
Chief Operating Officer,
Co-Founder
Matthew Edwards
Director Institutional Investors
Dr. Rolf Schiffer
Director Energy projects
Csongor Veress
Project development MENA region
Marius Nitescu
Project development MENA region
Advisers
Daniel Coheur
Anna Tutova
Terry O’Hearn
For more information about Ecowatt this project you can see it below:
INFORMATION
Website: https://ecowatt.io/
Twitter: https://twitter.com/Ecowatt_
Telegram: https://t.me/ecowatt
#cryotwinter #greencrypto #climatechange #storeofvalue
Author
Bitcointalk Username: shepia77
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=3325169
Eth Wallet Address: 0xF44A08fF395B8c8D5a45A9d6AEfFF4617779e607
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