Power Ledger, decentralized Green Energy for everone
Today is the official start of the token generation event of Power Ledger (POWR).
The POWR Tokens is priced at USD 8.8 cents per POWR Token. The maximum purchase amount per purchaser is $25,000.00 USD. (Great so the small guy can get some tokens as well). Total of 350,000,000 POWR Tokens are sold during the pre and main sales events.
Click here to read more about the Power token sale
Total number of POWR Tokens:
1 Billion. Token allocation is presented below. So 1/3 of the total tokens are sold during the ICO stages. POWR tokens are created to incentivise Platform Participantsto use the system. gifting or discounting POWR tokens to users, such as Utilities or ‘Application Hosts,’ who have a consumer base and are ready to become participants in the Power Ledger Ecosystem.
The Market Size
This year U.S. Clean Energy Market hit $200 Billion, and a Global Market of $1.35 Trillion. (So yeah Green Energy is a BIG THING)
Electricity is a critical enabler. The current electrification state of the global population is at 84%. Advanced and transitional economies require secure access to modern sources of energy, to underpin their development and growing prosperity.
Power Ledger Platform Overview
The POWR Team
DR. JEMMA GREEN: Masters degree and two postgraduate diplomas from Cambridge University. ,and a contributor to Forbes on blockchain disruption.
DAVID MARTIN:David has nearly 20 years’ experience in the electricity industry,
BILL TAI: Founding Chairman and CEO of iAsiaWorks (IPO via Goldman Sachs & Morgan Stanley) Director of 7 publicly listed companies that grew from startups he funded at their formative stages.
For more information of their team please visit the Power Ledger Page.
Summary of Power Ledger
After closely looking into their Whitepaper, I found myself that their idea is amazing, the market for renewable energies is one of the fastest growing markets on the planet and they have the team and the advisors to make this company become a major player in the energy industry. However, they will need to overcome great challenges by other Energy monopolies, as well as legislative issues. One of the biggest issues that I see with POWR is the fact that selling energy to 3rd parties is illegal in many countries. But I do hold great value in Power Ledger as well as POWR Tokens.
Altogether this is a rather low key ICO and will not likely to spit out massive returns in the short term, but rather has the huge potentials in a few year.
For daily Power updates follow Power Ledger on Twitter: https://twitter.com/PowerLedger_io
I hope you enjoyed my Review of POWR, stell me what you think about POWER Ledger in the comments.
Upvoted and resteemed. Excited to see what PL has in store for us.
Thanks you! I´ll check out your stuff as well. Yes I was part of their pre-sale as well. Looking forward to exciting future :D
Hi! I just upvoted you! I found similar article on Power Ledger that covers the everything from why it matters to how to buy and store it: http://cryptoupdates.net/guides/power-ledger