Review ICO BLUENOTE

luongthehung (7)in #bluenote • 6 years ago

Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.
Global warming caused by carbon emissions is both humanity’s greatest challenge, as well as an enormous financial opportunity.
Buildings cause over 30% of the world’s carbon emissions, making them the largest singular source of carbon emissions because they consume about 60% of global electricity. More than 70% of all buildings were built before the first energy crisis in the 1970’s, which creates an enormous market for improving their energy efficiency.
The Problem.
Getting the right data to make the best decisions about energy efficiency in buildings is difficult. A building’s energy use, operational and asset value data is rarely available. If it is, it is typically siloed in vendor hardware and software products, walled off from one another in expensive proprietary solutions. Without easy access to data, building owners and investors have had difficulty proving how specific investments in building technology impact energy use and the bottom line.

The Solution.
Bluenote will pull these data streams out of buildings and standardize it through a distributed blockchain solution called the Bluenote Protocol. The Bluenote Protocol is an open-access, confidential network that enables simple data sharing, data services, and building analysis in order to unlock new energy efficiency strategies in buildings. The software-based Bluenote Protocol can be used both with new applications and with energy technologies already installed in buildings throughout the world

BLUENOTE PROTOCOL: THE MARKET

Connects through existing systems like smart meters and building management systems, as well as building financial systems

Verifies performance as to which specific technologies create the most value.
Data is linked to a distributed ledger, so it can be audited to its source and trusted by everyone. It doesn’t go through the filter of existing proprietary systems which are designed to limit data access and insight.
Participants are rewarded in Bluenote tokens for connecting their data to the protocol. Multiple industries in the energy value-chain can benefit from using the data on Bluenote Protocol to prove the value of business opportunities in real-time

BLUENOTE TOKEN

Bluenote will issue an ERC20 standard token to power the Bluenote Protocol, ecosystem and economy, carried out via a Token Generation Event (TGE).

Token Distribution

Bluenote World AG will issue a total of 12,500,000,000 Bluenote tokens. These bluenotes will all be issued at the TGE and be distributed according to the illustration below. The process around the Bluenote token distribution will be communicated on the website prior to the TGE.

Use of Proceeds

An efficient deployment of the proceeds will be crucial to the success of the protocol and the Bluenote ecosystem. At the minimum target level, the following operating costs will be required to achieve a minimum viable development of the Bluenote Protocol infrastructure and reference software, and to grow the Bluenote community