GREENX - The World’s Most Sophisticated Green Energy Network
Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
GreenX is a blockchain ecosystem that allows individual and institutional investors to find and invest in profitable, low-risk renewable energy projects worldwide. GreenX is a blockchain ecosystem that allows individual investors and institutions to find and invest in low-risk renewable energy projects that benefit the world over. Developers of renewable energy projects often find it difficult to raise funds for their projects because these projects are generally capital intensive and require large capital investments. On the other hand, institutional investors in renewable energy projects often face substantial risks by having to invest in one to several mega projects due to liquidity constraints with their investment funds due to the long development time of these projects. The Green Energy market includes the production of renewable energy and grows at a stable level in terms of investment and capacity. In 2007, the world only produced 99 Gigawatt (GW) of renewable energy. However, in 2016, production reached a record high 2011.3 GW. Green Energy sources contribute 24% of the electricity generated by 2016, mostly consisting of hydro power, followed by wind and solar. Although much has been achieved, government policy continues to drive innovation and capacity building. Some cities like Las Vegas have turned to 100% renewable energy supply and others are trying to achieve the same goal. Various countries have set goals that are in line with the Paris agreement and actively fund various Green Energy projects. Germany, for example, has set a target to switch completely to renewable energy sources by 2050. Clearly, demand for Green Energy is high among governments.
GreenX solves the problems of both developers and investors by building an ecosystem that includes two global markets - GreenX Capital Markets and GreenX Global Exchange. To address the above mentioned challenges for investors and developers, Green X's mission is to build an ecosystem consisting of two global markets - GreenX Capital Markets and GreenX Global Exchange. The GreenX Capital Market is a crowdfunding platform built with blockchain technology, while GreenX Global Exchange is a global energy investment market that operates 24/7 globally.
The GreenX Capital Market is a crowdfunding platform built with blockchain technology, while GreenX Global Exchange is an energy investment market that operates globally. Recording at GreenX Capital Market is subject to an independent due diligence process along with AI-based comparative risk analysis. Furthermore, GreenX is amis to bridge the gap between the crypto platform and the real world by setting up a registered GreenX subsidiary in each project country along with a cash account along with the developer, where all their investments and returns are channeled. On the other hand, GreenX Global Exchange allows investors to buy shares from ready-to-invest projects and ready to be developed soon where they do not want to wait during the project development period.
Green Energy developers: developers join the GreenX network to raise funds for their projects. The ecosystem is attractive to them as fundraising in the GreenX market has superior advantages over traditional fundraising, including an assessment of global capital pools, efficient investment procedures, and low fees and commissions.
Individual investors: Individual investors can leverage the GreenX platform to invest in exciting Green Energy projects around the world with no investment size or geographical location limits. In addition, they can liquidate their investments quickly using the company's secondary market - GreenX Global Exchange.
GreenX Syndication Network: The GreenX syndicated network consists of accredited investors and institutional investors with close ties to GreenX. The GreenX Platform allows its syndicates to diversify their investments, thereby reducing risk. For example, instead of investing $ 10,000,000 in a solar project with a traditional model, investment funds can use GreenX to invest a portion of the same $ 1,000,000 in 10 different projects, reducing exposure to its portfolio.
GreenX Investment Fund: GreenX runs its own investment funds together with individual investors. Funding sources are primarily derived from the company's ongoing operating profit, and in part with funds exceeding those earned during token sales after factoring in ecosystem development costs. GreenX is investing in green projects to align GreenX's interests with the interests of individual investors.
GreenX Artificial Intelligence
Recent developments in computer hardware have paved the way for increased storage, management, and large data processing. Extracting knowledge from large data collected plays an important role in many domains. Data mining technology and machine learning have become the focus not only academics but also industry specialists. A large number of data mining and machine learning techniques are applied in many fields such as finance and environmental sciences. However, very little of this is used in risk analysis. Risk analysis is essential when companies need to estimate and investigate risks. In some cases, risk analysis is the most important piece of information for decision makers.
The GreenX model is implemented using Python 3.5.2 and two popular Tensorflow and Scikit-learn libraries. Source code will be tested on Ubuntu Linux computers with Intel core i9 CPUs, 64 GB RAM and NVIDIA 1080s double GPUs.
ADVANTAGES OF GREEN ENERGY TO
Easily tap into global pool of funds.
Normal legal procedure just like a normal JV contract.
All investments are paid upfront by investors and are available for immediate development. No risk of delay.
Streamlined due to diligence process, preventing leakage of sensitive information.
Allowing small investors participate.
Rights and economic interests are protected by smart contracts. GreenX takes care of all legal proceedings.
Have access to professional due diligence reports as well as AI-generated project statement.
Have access to the secondary GreenX Global Exchange for liquidity.
The crypto-backed platform allows capitalists to invest any where in the world without giving up their privacy.
TOKEN AND ICO DETAILS
Total GEX token offer: 375 million GEX
Total GEX tokens allocated for token sales: 60% of total token supply
Target Funding: $ 30,000,000
Soft Cap: 2,500 Ethereum
Contribution received: Ethereum
Token Price: 1 GREENX = $ 0.20
Terms of Sale Token
GreenX Token is sold through smart contract. To participate in a token sale event, an investor must first register at our token sales portal at https://ico.greenx.network and complete the KYC / AML check. Upon signing up, contributors can easily send Ethereum from a supported wallet to the GreenX smart contract address to claim the GEX tokens.
The Early Bird Sale starts on the 15th of May, while the main ICO is scheduled for 15th of June. Total of 225,000,000 tokens are devoted to be distributed among token buyers and investors. The initial exchange rate is set at $0.2 for 1 GREENX token. They want to devote 80% of raised funds to the development of the ecosystem, as well as marketing and operation costs. Within 2 weeks after the successful coin offering, they aim to be listed on few exchanges.
GreenX aims to build a sustainable business. Therefore, we always try to comply with all compliance rules and instructions. There are some restrictions on individuals wishing to participate in the sale of our tokens.
GreenX sells 60% of all token supplies during the token sales round. Tokens sold to the public will be locked during the ICO period. After ICO is completed on July 31st, all tokens will be opened and become transferable.
16% of GEX's total supply is allocated to GreenX Founders, Core Team, and team backup. These coins are locked by a smart contract for 12 months after the ICO ends.
7% of GEX's total supply is allocated to GreenX's advisors and business partners. This token also includes a backup for future business partnerships.
10% of GEX's total supply is the token ordered. This token is provided for referral bonuses, gift programs, and many people's sales rewards.
GreenX also allocated a 4% bonus fund. These funds are to attract future employees and allocate for future community programs.
GreenX reserves 2% of our token supply total for rewards program, and 1% additional airdrop for our community.
Funds gained during the sale of GreenX tokens will be used to increase the benefit of the GEX token holders. ICO results are used to build sustainable businesses that will continue to bring exciting projects to the ecosystem, increase the use and value of GreenX. We therefore allocate ICO funds as follows, to create not only short-term but long-term value to all stakeholders.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
GreenX wants to create a convenient place to help potential investors find interesting projects, which are environmentally minded and support development of renewable energy. The developers of GreenX have noticed that such projects have often difficulties in gathering funds, as they usually require large capital investments. Moreover, as the minimal contribution requirements are often very high, individual investors and project supporters aren't able to help and invest in it. With the help of blockchain technology and tokens, such investments will be much easier.
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ANN Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3336435.0