KWHCoin is a blockchain-based community, ecosystem and cryptocurrency backed by units of clean, renewable energy. Physical units of kWh energy are leveraged from multiple sources including smart meters, sensor readings and green button data. This measurable output is tokenized on the blockchain to create KWH tokens.
Our Mission
To improve the lives of the 1.2 billion people across the globe without reliable energy access. KWHCoin will achieve this by building a platform that allows anybody in the world to buy or sell renewable energy resources through The Grid—a blockchain-based renewable energy platform.
KWHCoin will allow the underserved to claim energy independence. Not only will they have the freedom to choose their energy providers, but they can also sell their own renewable energy to others through The Grid in the form of KWH tokens.
By lowering the cost of renewable energy transactions, KWHCoin will allow renewable energy to expand and bring newfound power to the farthest reaches of the world.
It will be interesting to see this project as it is going to unfold in the world of cryptocurrencies, its ICO will begin on February 8 and really many people are already waiting for what this project can generate, known by many since the miner of The world's largest bitcoin John McAfee has put an interest in this cryptocurrency in social networks, and that is why the rumor of this project has been given, today I will be talking a little about what KWH Coin brings us and the interesting part of its sale of tokens, where its main characteristic is that you still do not know the price of these tokens, in fact on their official website they announce that they will be for sale to the public a total of 195 million KWH although the price is still unknown, they have emphasized in which your tokens will be sold from the start of the ICO at market price,something that little had been seen within the ICO so we will see how investors and users in the market.
Whenever McAfee mentions any ICO you have to be careful since most of the time it talks about interesting projects and where many investors end up investing in it causes a lot of demand and a possible increase and appreciation of the tokens or tokens in this case for KWH John I speak directly about them in a video that is inside the same official website of KWH Coin that I invite you to see https://kwhcoin.com/
KWH is a project based on the blockchain where your token or token will be backed by the renewable energy units. Energy is created through multiple sources such as solar panels that take advantage of the energy that our nature gives us to convert it into energy and be able to monetize it, in case of not using these natural resources in the same way they would be lost, a very good initiative that of being able to contribute with a green energy. What KWH Coin is proposing is to build a decentralized network of energy resources so that they can be transferred to the chain of blocks using KWH tokens.
It is hoped that thanks to the public knowledge of McAfee the sale of KWH Coin tokens is a success, we will wait to see the results of this ICO although they have a novel product and a token backed that without a doubt can have enough support John talks ahead of this project as a popular third generation currency is really important to see how this project can end and if at the end of account will pay off as expected.
With nothing more to talk about I will leave the respective links to my research so they can be for review, I recommend watching the interview video that John McAfee is doing on the official website of the project, and if they need to know much more details about the project check them all in your whitepaper technical document, here below I will be leaving the link I hope this article has been to your liking.
Cryptocurrency is the Future
In 2015, U.S. electric utilities spent $103 billion in capital expenditures to maintain and upgrade the grid. Distributed energy resources can be aggregated to provide services to the electric grid dramatically reducing costs and increasing energy efficiency.
KWHCoin’s solution is to build a decentralized network of energy resources by connecting them through blockchain technology. Export energy is converted to KWH tokens and transferred to users’ digital wallets on our peer-to-peer energy trading application—The Grid.
KWHCOIN DISTRIBUTION
The total supply of KWHCoins and emission rates will be decided by the scale of the assets made, based on the source generation energy power is distributed. These bottom results may change based on the final input of the Subject Agency:
- 195,000,000 KWHCoins will be created to begin this peer-to-peer decentralized energy economy
- 19.5 million KWHCoins will be used to fund the construction of microgrids and develop off grid technology in Africa, Puerto Rico, South America, Southeast Asia and the Caribbean
- 50,000,000 KWHCoins for Founders and Partnerships with Social Impact organizations to build the local economy that is sustainable
- 101,169,000 KWHCoins will be released to the public by the end of January for the Inaugural Public Coin Offer
PROOF CONCEPTS
We are partnering with PATH, an organization which is committed to end homelessness for individuals, families, and communities. KWHCoin has connected with 10 locales
business that will accept KWHCoin as the eye money in exchange for goods and services. PATH members will receive KWHCoins for recycling repeated them, sweeping roads, and economic efforts circle other, provide a framework for us to build, the local digital economy with cryptocurrency. KWHCoin is exploring case other use.
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Author: bakso.super
ETH: 0x0A39Baaa338F9F1f5f5b4e52f82095d0dD7c94D8
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