ETAINPOWER – Blockchain-based Energy Ecosystem Powered by AI

nugezmils (2)in #blockchain • 6 years ago

Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A block-chain is an immutable public book that records digital transactions.

ABOUT ETAINPOWER

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

Name: EPR

Total Supply: 10,000,000,000 EPR

Token for Sale: 3,500,000,000 EPR

Exchange Rate For Token Sale: 1 ETH = 65000 EPR

Soft Cap/Hard Cap: 3.0 Million USD/20 Million USD

Main Token Sale Date: July 2018

Period of Token Sale: 30 days

Total of 10,000,000,000 EPR Tokens will be created on the platform during which 35% of the tokens will be reserved for the general public sale. 45% of the funds are used for the event of the platform whereas 15% of the funds will be used for the marketing. The team acting on the project has years of expertise within the fields of startup and engineering science.

EtainPower platform has two tokens: EPR (platform token) and PowerPoints (PPS, energy token), the two tokens are used together in the blockchain-based energy ecosystem powered by AI. Renewable energy producers can issue PPS and complete project financing via the EtainPower platform.

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.

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;

Website: https://etainpower.io/

Whitepaper: https://etainpower.io/resource/EtainPowerWhitePaper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4314921.0

Twitter: https://twitter.com/EtainPower_io

Facebook: https://www.facebook.com/EtainPower-216720922246640/

LinkedIn: https://www.linkedin.com/company/etain-power-inc./

Telegram: https://t.me/EtainPower_en

Reddit: https://www.reddit.com/user/Etainpower888

GitHub: https://github.com/EtainPowerIO

Author

nugezmils

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