Cryptocurrency is starting to gain a reputation as a safe haven investment, much like gold and other metals. But that’s not the only reason investors should diversify their investment portfolio with bitcoin and altcoins(EcoWatt). The shock of the pandemic has prompted businesses to accelerate their digital infrastructure which includes tech-enabled and remote financial services. Virtual currencies have stepped in to fill that need. In fact, they’ve been ramping up to do so for quite some time and the pandemic has been the main accelerator. Banks are racing to roll out crypto-based services which include withdrawals, deposits, and payment transfers via digital wallets.
We are going to discuss a new project which is called EcoWatt
EcoWatt (https://ecowatt.io/) is a renewable energy company that aims to provide clean, green and efficient energy around the world. EcoWatt aims to be the first company dedicated to renewable energy driven by its own community, i.e. the community itself has the governance to decide its future.
How does it work?
EcoWatt will be a renewable energy platform that will be accessible through its own EcoWatt token, which will make it possible for users to access the electricity market in the EU, to invest in renewable energy assets and create a peer-to-peer energy infrastructure.
The EcoWatt token will be a finite subminister asset-backed by different assets that will increase in value according to renewable energy while offering security against climate change. Thus, 1 EcoWatt token is equivalent to 1 Watt of renewable energy.
The way to secure the value of the token will be through physical revenues generated by renewable energy assets, so it will increase as the population’s support for these assets increases.
To incentivize the population and investors, the idea is that for EcoWatt holders, different utilities will be unlocked as the power plants grow and above all, as revenues and profits increase. This will generate a win-win for people, the environment and investors.
Key features
Proof of share token issuance: 1 watt of green power will be connected and verified by the respective national grid in a public ledger for each EcoWatt token sold.
Asset-backed value: Revenues funding asset growth which in turn employed the value of the token, participation rewards, access to low-cost liquidity loans … are some of the values EcoWatt provides through green assets.
Utility: Thanks to the EcoWatt token, the community itself within the platform that supports the project receives the right to vote on the allocation of funds to social impact projects in the area of energy security.
Bounty program
The project gives the opportunity to earn EcoWatt tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk here (https://bitcointalk.org/index.php?topic=5339743), where you can access the link in order to see what are the conditions to become an early EcoWatt contributor and start acquiring tokens.
You can also stay tuned in their official Telegram Channel (https://t.me/ecowatt). I hope you liked the post and soon I’ll send you new ones.
The ECOWATT TOKEN is a finite supply asset, it holds the tokenized beneficiary rights of an equal share in growing physical renewable energy portfolio
Token Name: ECOWATT
Token Abbreviation: ECW
Total Token Supply: 1,000,000,000
Network: ERC-20
TOKEN DISTRIBUTION
Private Sales: 125,000 EUR
Founders: 7%
Advisers: 3%
Company Team:10%
Team
For More Information; Please visit the links below:
Official website: https://ecowatt.io/
Telegram: https://t.me/ecowatt
Twitter: https://twitter.com/Ecowatt_
Facebook: https://www.facebook.com/EcoWatt-110305757909105
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
POA: https://bitcointalk.org/index.php?topic=5339743.msg57279397#msg57279397
