Tokenizing the energy market of today - Zero Carbon Marke
Have you ever thought that now, in 2018, climate change could become such a huge threat? Our entire planet is in danger due to increased carbon emissions: the average global temperature keeps on rising year by year, the weather becomes more and more unpredictable, biodiversity is widely affected. Unfortunately, the research, the studies, the conferences and the measures taken until this present day have proven efficient only to a small degree.
Consumers are rarely adopting green energy because they don’t find the incentives attractive and moreover, they doubt that their effort could even make a little difference to the worldwide crisis. Could there be another approach to this threatening global problem? What if we could find a way to change the way we manage our renewable energy and involve even more stakeholders and consumers?
Marrying the international carbon credits market and the Ethereum Blockchain
Introducing Zero Carbon Project - a bold project created to tackle climate change with the use of blockchain. The double aim of this platform is, however, not an easy one: it desires to reduce carbon emissions (at a global level) within 15 years and to offer an immediate and material impact. Through its development, Zero Carbon wishes to create a market that can guarantee lower energy prices and also help consumers be repaid with Energis tokens, as an incentive. However, for this to happen, the Zero Carbon renewable energy must be cheaper than fossil fuel. Can this system prove successful? Let’s find out now, in our short article:
Before presenting the mechanism that Zero Carbon Project wishes to implement, its vital to understand the stakeholders and the components that make up this Zero Carbon Markets: energy suppliers, consumers, Energis tokens.
These Zero Carbon Markets are designed to provide accessible prices to consumers, as their primary goal. They will do so by encouraging a tight competition between suppliers and by enabling them to counteract carbon emissions with the help of international carbon credits.
Energy suppliers will gain advantages through this system, by creating a customer business at a meagre acquisition cost; moreover, they will benefit due to the cheaper international carbon credits.
The Energis tokens are being used as a repaying mechanism to the consumers that choose to tokenise this immense value of the future services; like most utility tokens, they are meant to be traded like any other cryptocurrency (through trading platforms).
Finally, consumers will enjoy lower prices than those granted by other suppliers or schemes; through their effort, they will see that approaching climate change is something that can be done by everyone. In the process, they will be rewarded with the Energis tokens we just presented.
Understanding the features that make the Zero Carbon Markets unique
This economy is based on the Energis smart contracts - these features of the Ethereum blockchain will enable transparent and secure transactions between energy suppliers (transaction fees paid in Energis tokens) and consumers that are part of this network (the final recipient that receive as much as 70% as these fees, as incentives). The tokens can be sold inside this market or in external crypto exchanges. This economic cycle is finally completed when the tokens are required once more, as energy suppliers need to acquire them to restart the process.
For more information about the Zero Carbon Project, the pre-sale and the team that created this platform, head over to:
Website
Telegram
Bounty Thread
ANN Thread
Btt user: matthewtherry
Btt link: https://bitcointalk.org/index.php?action=profile;u=1226724
Wallet: 0x16bae723358a1e640414dba296ebb28c98ef8f61
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