Wepower - a network based on the block system for buying and selling "green" energy, as well as attracting investments in renewable energy projects.

The Wepower project is supported by the Lithuanian Ministry of Energy Republic in connection with its social contribution to climate change control.

WePower solution is recognized as one of the most advanced operators of the power transmission system in Europe - by Elering.

The Wepower team consists of highly qualified specialists in the field of energy, blocking, investment, payments and securities. What allows for several years to lead the project purposefully to the intended result. The Wepower team aims to massively introduce renewable energy sources to preserve the environment and improve the environment.

The Wepower project created a concept that would circumvent the existing problems of the energy market. Reduce the pressure of banking requirements on the way of the project and exclude the chain of intermediaries between the supplier and the consumer of electricity.

In fact, WePower is a network for the sale of clean energy, based on smart contracts, which will allow its participants to invest in projects in the field of clean energy. Also, the platform will allow to acquire "green" energy in a safe and transparent way.

WePower on its platform introduces internal WPR tokens that are provided with real assets (energy) and guarantee their liquidity, which has already been agreed with the European regulators.

*WePower Platform*

WePower is a blockchain-based green energy trading platform. WePower enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy investment ecosystem. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.

Energy tokenization ensures liquidity and extends access to capital. This also provides the first access to live trade in renewable energy globally, for everyone. With the potential to be integrated with IOT for purchase or exchange of energy as a base layer of the digital energy world, WePower will lead global decentralized energy transformation.

Legally, WePower acts as an independent energy supplier, allowing the WePower platform to be connected to the energy grid and the local energy exchange market as well as energy end users. WePower receives data about the produced, consumed energy, and energy price from the energy grid and energy exchange markets. Once a renewable energy producer is connected to the WePower platform, their future energy production is tokenized. Energy is tokenized based per kWh unit. One internal energy token represents 1 kWh to be produced at a certain time in the future.

Owners of WPR tokens receive priority access to auctions for the sale of energy on the WePower platform. The more WPR tokens you have, the more energy you get. Priority allows you to buy at the auction energy at the best price. This also increases the cost of WPR token due to additional demand from large buyers.

Will the payment system affect to energy? It is believed, by providing a healthy payment system, the volatile energy prices in the international world. By utilizing blockchain technology, the energy payment system will be healthy. Blockchain is a public digital ledger that records all the ongoing digital currency transactions in a scattered computer network. Once they are recorded, the transaction can no longer be edited or transferred. WePower comes to you using blockchain technology to create a healthy payment system.

WePower enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy, they commit to produce and deliver. The WePower blockchain solution is currently recognized by Elering, one of the most innovative Transmission System Operators in Europe.

To optimize the financing cycle and open access to capital, WePower enables energy tokenization. Tokenized energy represents a contracting mechanism between an energy producer and a energy buyer.

WPR token holders will have priority to access to the platform for auctions. Energy allocation will depend on the number of WPR tokens held by the participant. In addition, WPR token holders are rewarded by no less than 0.9% of tokenized energy. WPR token holders may use or sell this energy.

WePower comes to the market at a crucial time. Due to a drop in subsidies and increased renewable energy development, competing at market prices, banks started increasing demand for own capital decreasing debt to capital ratio. It moved from 20:80 to close to 50:50 ratio for newly developing renewable energy projects. Equity capital has become a limited source of financing contributing to a plunge (-23% YoY) in investment due to smaller leverage.

Energy tokenization together with a platform built on an open decentralized data-base, opens the green energy market, globally to a broad pool of investors. In an open platform, new energy projects, Asset liquidity allows more favorable capital-to-debt ratios without using Government subsidies. they are estimated that the simplification of the investment process through WePower will significantly reduce the financing costs, which is eventually split between renewable energy producers and consumers / investors.

The WePower platform allows renewable energy producers to tokenize and sell the energy they produce. A renewable energy producer connected to the platform issues its own energy tokens within the WePower platform, where 1 energy token represents 1 kWh of green energy to be produced in a certain time in the future (usually within 4–6 months from the connection moment).

 Each renewable energy plant connected to the WePower platform will organize an auction for the sale of tokenized energy. WePower token holders will have priority access to such auctions and their allocation will depend on the number of WePower tokens they have.

 Each new plant will create an auction on the WePower platform for the sale of energy tokens to energy buyers with the minimum price set for each energy token, which will represent energy to be produced and delivered.

*Token sale*

Main terms of WePower token sale:

Token creation will end when either the maximum number of WPR is issued or the contribution period has ended. If less than the minimum soft cap of tokens are issued, token sale contributions may be retrieved.

*Token Sale Objectives*

Funds raised during the contribution period will be used solely for the development and benefit of WePower. A budget has been outlined below, representing a scenario where their soft cap has been reached.

*ROODMAP*

Further information:

Web: http://wepower.network
Whitepaper: https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view
Telegram: https://t.me/WePowerNetwork
Twitter https://twitter.com/WePowerN
Facebook: https: //www.facebook.com/WePowerNetwork

Author (iyanfoursix46): https://bitcointalk.org/index.php?action=profile;u=1061980


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