ETAINPOWER – Blockchain-based Energy Ecosystem Powered by AI
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: ETAINPOWER. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
EtainPower is a renewable energy financing and trading ecosystem empowered by both blockchain and AI technologies. Backed by a team of top-tier engineers from Silicon Valley, we introduced a groundbreaking blockchain architecture to tokenize global renewable energy assets, allowing them to be traded rapidly and freely through our highly decentralized blockchain technology platform in a fast and safe way. Etainpower is an ecosystem that is based upon Blockchain technology helping producers of renewable energy overcoming financing project hurdles. This platform is the first ecosystem for creators of renewable energy and investors. This will be a demystifying sector of renewable energy as it is connecting investors and producers transparent, democratic and decentralised way. With the help of this smart contract and Blockchain technology, Etainpower will be tokenising renewable energy revenue and stimulating financing projects for producers of renewable energy. Etainpower, as you know, is decentralised, transparent and fair financing ecosystem that will be reducing costs of financing and improving financing project efficiency by leading renewable energy global expansions. Etainpower is leveraging artificial intelligence technology for enhancing the renewable energy grid connections. This platform is using AI for optimising connectivity to the renewable energy network. It will be eradicating difficulties experienced by the power grid operators by operators for balancing power generation and load when numbers of renewable energy projects are grid connected.
EtainPower Rеnеwаblе Energy AI Trading Blockchain
Etаinроwеr iѕ сrеаting a source fоr renewable еnеrgу fоr people аll over thе world. The rеѕult оf the gоvеrnmеntѕ оf thе world hаving a dеѕirе to сrеаtе new еnеrgу ѕоurсеѕ hаѕ caused thе сrеаtiоn оf Etainpower. Thеу аrе seeking to imрrоvе rеnеwаblе еnеrgу resources and hеlр реорlе mаkе mоnеу whilе doing ѕо. Bесаuѕе еvеn thоugh there have bееn a mаjоritу оf imрrоvеmеntѕ, there are ѕtill a lоt of рrоblеmѕ occurring.
Thе need fоr rеnеwаblе rеѕоurсеѕ vѕ. fоѕѕil fuels iѕ еxсерtiоnаllу high thеѕе dауѕ. Mоѕt рrоduсеrѕ of rеnеwаblе еnеrgу аlѕо wаnt tо decrease thе price of thе initiаl invеѕtmеnt tо hеlр mаkе it mоrе rеаliѕtiс, рluѕ аt thе same timе help рrоfitѕ increase.
Invеѕtоrѕ who wаnt tо ѕtаrt with rеnеwаblе еnеrgу will hаvе a better сhаnсе with Etаinроwеr, rаthеr than with thе government run subsidy еnеrgу рrоjесtѕ. Etаinроwеr mаkеѕ it much еаѕiеr tо invеѕt intо rеnеwаblе еnеrgу sources whiсh is bаѕiсаllу whу thеу ѕtаrtеd in thе first place.
The increasing use of non-renewable energy sources has placed large pressure on the restricted reserves of the resources on the world. Once people began to feel the harmful effects of those activities on the world and their way of life, they began the look for alternative non-harmful and renewable resources of energy. We have unceasingly found ways in which to harness the energy sources for our survival. ETAIN POWER is developing solutions for the community and firms to utilize the facility of renewable energy sources. The project will be supported by the investors across the globe, and also the good contract primarily based rules and laws are outlined on the platform. The two tokens launched by the platform are used for the assorted functions. The EPR (Platform token) and PPS (Power Points) token are used by the contributors and project producers on the platform.
One among the most tasks of the platform is to encourage crowdfunding model of finance renewable comes. The pilot comes are being launched within the Bermuda and Antigua for a range of reasons, appreciate lower renewable energy usage and wide scope for growth. It provides a chance for the renewable energy comes to be supported and commenced in order that the worldwide participation will turn up.
Utilizing the facility of blockchain technology, they are providing ascendable and clear solutions for renewable energy production and utilization. People who want to contribute to the renewable energy project can purchase the PPS Tokens utilizing their EPR token. There are multiple use cases of each of the tokens, appreciate shopping for electrical power, electrical vehicle and blockchain primarily based small grid.
TOKEN AND ICO DETAILS
Price 1 ETH : 70,000 EPR
Soft Cap/Hard Cap: 3.0 Million USD/13 Million USD
USE OF FUNDS
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.
EPR Token will be released based on the Ethereum platform and will fully comply with the ERC20 standard. Support of this standard ensures compatibility of the token with third-party services, and also provides ease of integration.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Q3, 2017. EtainPower officially started
Q2, 2018. Sign contract with Antigua power utilities
Q3, 2018. Wallet PPS 1.0
Finalizing auditing criterion for project financing
Q4, 2018. PPS Crowdfunding Platform.beta
600MW Energy projects contracts signed
Q1, 2019. Crowdfunding Platform 1.0
Q4, 2019. Raising capital for 4 GW projects
Q1, 2020. Releasing P2P trading applications
EV-rental & EV-Charging services
Q2, 2020. PPS 3.0 ( Microgrid )
Smart grid development
Q4, 2020. Smart grid system 2.0
Rasising Capital for 16 GW projects
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.
EtainPower aims to create a financial and commercial ecosystem with renewable energy enriched with well-known blockchain and artificial intelligence. Be a part of this tremendous project and follow these links for more information;