Introduction
Dear reader, Just as my usual practice of bringing valuable and profitable information across your way, let me quickly give you information about this great innovation known as "ETAINPOWER". Please sit down and relax your nerves as you read. Also, I encourage you not only to read, but also to take an important step as part of this great innovation.
All ico projects may have a different base and concept, but after I saw this project, I became interested because most of its tokens will be distributed free of charge to all who want to join and contribute some great ideas to build and make this project a Big and famous. So do not ever hesitate to give your idea idea into this project, and who knows you can be successful with ETAINPOWER.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics. Today, the project I am going to present you is the Instant Assets Tokens, a better way for make property investment easier through the digitization of assets.
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.
Our founding team has extensive experience in the fields of new energy blockchain and artificial intelligence.We combine blockchain and AI technologies and apply them to the global energy network with the goal to break the monopoly position of traditional energy giants and bring true decentralization to the smart energy ecosystem
- Blockchian Technology
- Artificial Intelligence
- EPR Token
EtainPower Features
Blockchain technology is an innovative internet database technology.It is an independent, decentralized,verifiable,and permanent database that coexists in multiple locations and is shared by the community.By design,blockchain is inherently resistant to data tampering. Once a transaction happens on the platform,it is verified by everyone within the platform.
- Tokenized Renewable - Energy Financing
- Multiple Usage of Our - Energy Token
- Continuous Value - Growth of EPR Token
- Intelligent Power - Utilities
TOKEN ALLOCATION AND USE OF FUNDS
EPR Token Allocation Plan
Token lock-up period:
Founding Team & Advisors (20%): 3-year lock up period.
Releasing schedule: 30%, 30%, 40% in year 1, year 2 and year 3 respectively.
Foundation Reserves: 5-year lock up period.
Release schedule: 20% every year.
Ecosystem rewarding pool: 5-year rewarding period for early platform participants.
Community development and operation: will not be locked.
Use of Funds
Proceeds raised from token sale will be used for the R&D of EtainPower platform, and the business development. The funds will be used as follows:
According to EtainPowers development plan, the funds will be used as follows:
Main terms of the EtainPower token sale:
- 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 technologies and assets.
- 15% of the proceeds will be used for advertisement, branding and business development.
- 5% of the proceeds will be used for daily operating expenses such as office expenses, travel expenses, transportation expenses, conference fees, and office staffing costs.
ROADMAP
Q2 2018
R&D:
· Complete EPR token development and prepare for EPR Initial Coin Offering
Business Development:
· Finish EPR Initial Coin Offering
· Sign agreement with Antigua and
Barbuda National Grid to implement
EtainPower platform in its territory
Q3 2018
R&D:
· Develop PPS token
· Launch PPS wallet Ver.1.0
Business Development:
· Completion of renewable energy project audit standards on the platform
Q4 2018
R&D:
· Launch Beta version PPS financing platform
Business Development:
· Sign total 600MW renewable energy projects to raise capital on EtainPower platform
Q1 2019
R&D:
· Launch PPS financing platform Ver.1.0
Business Development:
· Complete financing for the first batch of renewable energy projects.
Q2 2019
R&D:
· Launch PPS Ver 2.0 to support multiple applications and services.
Develop PPS applications
Business Development:
· Expand business to Asia and United
States, marketing EtainPower platform to renewable energy producers and investors
Q3 2019
R&D:
· Launch PPS wallet Ver 2.0 to support application services for users (mobile phone and web version)
Business Development:
· Sign partnership agreement with multiple application service providers
· Distribute revenue from the first batch of renewable energy projects to PPS holders (project investors)
Q4 2019
R&D:
· Launch PPS application services such as electric vehicle rental, EV charging, travel services and more
Business Development:
· Develop power utility clients
· Before 2020, EtainPower platform will help 4GW renewable energy power generation projects complete financing
if you are interested in joining the ETAINPOWER project, it's a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.
Thank you once again for taking the time to read this article, and thank you a million times for your support of ETAINPOWER.
For More Information, you can visit the following links:
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
author:Chubylaw
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