WePower (WPR) the blockchain-based green energy trading platform
WePower enables renewable energy producers to raise capital by issuing their own energy tokens which represent energy they commit to produce and deliver.
Each renewable energy plant connected to the WePower platform will organize an auction for the sale of tokenized energy.
As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront
WePower held ICO in Feb 2018 where they raised $40M
Tokens and usage
WePower will be providing a blockchain-based green energy trading platform. On this platform companies to raise capital for renewable energy projects making it a decentralised marketplace where companies offer energy and users buy it.
The WPR token acts as a priority access token for the auction to buy tokenized energy.
Each renewable energy producer will be required to donate 0.9% of all tokenized energy (tokens) to the WPR token holders meaning there is incentive to hold.
The user can choose what to do with the tokenised energy: use, sell tokens before energy production or sell the energy on the market.
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