EcoWatt First Ever Green Asset Backed Climate Change Governance Token II Alamin Ahsan
Hello and welcome back everyone, I am Alamin. I hope you guys are well. I am back with another Blockchain based project build with a concept pf green energy. There vision is so simple to make this world greenery. To spread this things they made this project called EcoWatt. So that we all can be a part of this vision. It's truely interesting. Today I will explain all of the features of EcoWatt project. I hope you guys will love to check out this project.
What is EcoWatt?
EcoWatt is a socially conscious next-generation renewable energy company that intends to disrupt the green energy market by establishing the world's first easily accessible community-driven renewable energy company dedicated to supplying pure green energy. EcoWatt is establishing a renewable energy infrastructure and releasing the EcoWatt Token, allowing the community to have access to electricity markets in the EU.
The EcoWatt Token is a limited-supply asset that represents the tokenized beneficiary rights of an equity investment in a developing renewable energy portfolio. In a word, EcoWatt is a stable coin backed by assets that grows in value while providing security, liquidity, and social effect. Tokenomics is a basic concept. A 1 billion Watt Power (Wp) physical asset portfolio is used to mine 1 billion Tokens. This means that 1 Token = 1 Watt of grid-connected renewable energy.
EcoWatt KEY FEATURES:
- Asset-backed financing Security.
- Impact of bragging rights.
- Proof of stake mining.
Asset-backed financing Security:
- An admiring store of value supported by profit-generating assets in the real world.
- Earnings from Hodl and Staking are backed by actual revenue-generating assets.
- Availability of liquid assets.
- Token leverage enables credit card payment.
- Access to low-cost lending is made possible by token collateral.
- Discounts available only to members of the community.
- Unrestricted access to future projects
- Premium vote on projects with a social impact
Impact of bragging rights:
- Every year, 2 million trees will be planted.
- Renewable assets will save 750.000 tons of CO2 per year.
Proof of stake mining:
- 1 billion Tokens mined through the acquisition of renewable energy assets.
- 1 token mined equals 1 Watt Power of configured sustainable energy assets.
The core value of the EcoWatt token is derived from physical revenue-generating renewable energy assets. This provides the token with a stable as well as predictable value and income, which increases as the asset portfolio backing grows higher. Through addition to asset backing and the benefit of such a profit share, the token would then unlock additional utility as the portfolio grows in size and income.
In near future, this asset support will enable EcoWatt to provide low-cost liquidity lending solutions to members of the community. Who stake their tokens, and also a pre-paid debit card features that allows members to directly spend their crypto-based revenues in hundreds or even thousands of stores.
- TOKEN NAME: EcoWatt .
- TOKEN TICKER: ECW.
- TOTAL SUPPLY: 1B Tokens.
- Private Sale I & II: 10% (4,5% + 5,5%).
- Mining Pool: 70%.
- Founders: 7%.
- Advisers: 3%.
- Company, Team: 10%.
The energy sector is an obvious application example, and the implementation of blockchain technology has very promising potential benefits; many participants, intermediaries and transactions, including physical and digital, are involved. Blockchain technology provides unparalleled benefits in terms of security, traceability, and trust/transparency of network participants. It is a game-changing tool.
To know more information & all upcoming update news about this i strongly suggest everyone to checkout their official handle.
I am not a financial advisor This Article is for informational purpose. I don’t suggest anyone to invest any project. If you want to do then do your own research. Your money your research your risk.