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INTRODUCTION
A model Company called LCG Energy born about eleven (11) years ago and determined to make real energy and renewable energy available and accessible even at lower or cheaper price to the customers both national and international.
The Company realized that modern technology could be of help in mass production of renewable energy through the blockchain advancement technology.
The LCG Group ecosystem is powered by the LCG Group Token. The LCG Token
will be usable for a wide array of services such as to cover electricity needs as a
payment method, to provide investment options, to access energy-related services
and products in the LCG ecosystem.
LCG Token will be based on the Ethereum blockchain and will be operating
through smart contracts, hence the swiftness, the security and transparency of all
transactions made with the LCG Token. Any possibility for fraud from the electricity
provider will be eliminated and consumers will have the full information about their
actual consumption
ENERGY CONSUMPTION
Analysed by type of energy, consumption was distributed as follows: oil 32%, coal
27%, gas 22%, electricity 9%, biomass 10%.
The largest energy consumers are China and the United States, followed by India,
Russia, Japan, and Germany.
The first blockchain-based energy token from an energy supply company
LCG Energy is a blockchain-enabled energy ecosystem, offering better prices for consumers
LCG Energy invests in real energy and renewable energy projects
LCG Energy has a capital protection and return of investment > 20% p.a.
CHALLENGES
Energy sector has numerous problems, among the biggest issues facing the energy industry is price volatility.
The volatility is especially strong for non-renewable energy. Industry experts agree that while forecasts of oil and gas
prices were always cumbersome, the task has become much more complex in recent years. This is due to a variety of factors that are increasing uncertainty within the industry. Most notably are: the world economic development,the transition to renewables, cleaner sources of energy, and protectionist trade strategies that have resulted in stronger
fluctuations in actual and expected demand and supply.
SOLUTION TO THE PROBLEM
The Company almost solved 90% of the problem facing the energy sector by becoming the first electricity provider in the world to adopt blockchain technology in order to resolve the issue with information asymmetries between consumers and electricity providers and bring full transparency to the industry. By channeling all of the consumption data through Smart Meters developed by LCG Energy and with the help of smart contracts, information about power consumption and the prices at which energy has been acquired will be made publicly available and will not be changeable by any entity - even by LCG Energy.
People will no longer have to simply trust their electricity providers - they will have
solid proof of the exact amount of energy they have consumed and will be protected
against overpricing by the supplier.
Token Distribution
80% Energy and renewable energy projects 14% Marketing and sales 6% Development
70 Crowdsale 30 Founders, team, advisors
THE CORE TEAM OF MANAGEMENT
Dipl. -Kfm Michael Opitz
CEO and Founder
in
Manfred Daig
Technical Director
in
Rolf Jahn
Sales Director
in
Website: https://lcg-energy.com/
ICO Website: https://lcg-group.de
Telegram: https://t.me/LCG_ICO_official
Facebook: https://www.facebook.com/LCGICO/
LinkedIn: https://www.linkedin.com/company/lcg-energy-ico/
Twitter: https://twitter.com/LcgIco
Medium: https://medium.com/@lcgenergy
Reddit: https://www.reddit.com/user/LCG_Energy_ICO
YouTube: https://www.youtube.com/channel/UCNrA6pqbl0z22-rTvcsBFfg
Publisher's Information
Name: Olaide Okeniyi
Profile: https://bitcointalk.org/index.php?action=profile;u=2528336
My ETH Address : 0x09F40718741c151C6E97822Ac9f4bb46acd5aeA2