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RE: ICO Review: WePower – The Next Power Ledger?

in #ico7 years ago

How do they think they will bring the power to the consumer? Hopefully there are not to many energy producers because they will lower the price. This is exactly the opposite as we should hope for ecologically.

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WePower has a 2 system token (WPR token and energy token worth of 1 kwh). With WPR token holder will be able to receive 0.9% of energy tokens produced by renewable plants.

WPR token will allow its holders:

  1. Priority pass to participate in an auction for energy tokens of a newly connected energy plant. It provides an opportunity to buy green energy at the most favorable conditions. This will become an asset itself because large energy buyers will want to re-purchase these tokens for their own use. The supply of WPR tokens is limited.

  2. Access to the green energy donation pool, which will be constantly filled with 0.9% energy donations required from all green energy project developers that want to join and fundraise on the WePower platform.
    Both features of WPR token is structured to increase demand for the token and invite more energy buyers to participate.

Thanks for the detailed answer!
I will resteem your article!