Big concerns arise every day when it comes to the discussion of green energies. Most of these initiatives are gaining momentum in the world, as the need to change the patterns of fossil fuels consumption are becoming more evident with each passing day. WePower has come to offer a solution to a number of issues that are making the process very slow for everyone involved.
One of the main issues that green energy projects face is financing. Despite the fact that green energy is in high demand right now by first world nations, banks have started to request more equity on these projects to finance them. In the past, most of them asked for 20:80 shares on the debt ratio. These days they ask for a 50:50 share and this put developers between a rock and a hard place and need to look for alternative funding. This is where WePower offers a solid alternative with their tokenized energy solution.
These are some of the main objectives of Wepower with their project:
Capital funding
WePower enables energy producers to receive capital for their projects on green energy by offering them the tool to issue their own tokens, so investors can have instant access to energy that is yet to be generated.
Tokens for the future
Each token generated through WePower represents a fund for energy that will be delivered at some point in the future by the developer. Investors will get the chance to review the totality of the project and they‘ll have the choice to back up whoever they feel has the most solid offering.
Liquidity
The tokenization of energy that has yet to be produced will offer funding and liquidity to producers. The delivery of these funds through smart contracts is a guarantee that the money they get will be used strictly only to develop a new source of renewable energy.
Delivery and recognition
Wepower is ready to offer some strong evidence that they mean business and their offering stands over serious grounds. They have made a commitment to deliver their first results after 9 months. And right now they are recognized by the Tokyo Grade Exchange and by Elering, one of the most reputed firms on the energy transmission in the European Union. The company is also dealing with EU regulators to work with them within the laws of their borders.
Right now WePower is expected to generate green energy through various projects with a range of earnings projected at €66 million just for 2018. With token holders set to receive at least 0.9% of the tokenized energy generated through the platform, the company is set to make great profits by selling the rest of the energy generated into the open market. There is no losing in this scenario since investors will get a hefty chunk of cash out their initial investment and more people around the world will get the chance to go green.
By backing up your project of choice, you’ll be contributing to the creation of a wide ecosystem of energy providers that are working to keep the model of sustainable energy alive and changing the way energy is traded and sold in our planet. There will be no need for middleman to sell the energy at greater costs.
To get a more detailed glimpse of how this system will benefit you and planet, in the long run, you just need to visit:
WePower Website
WePower Whitepaper
WePower ANN Thread
WePower BOUNTY Thread
WePower Telegram