The world’s conventional energy resources are being depleted and the world is trying to shift to renewable resources of energy but a complete shift in energy production paradigm requires a complete overhaul of the investments already invested in the conventional resources, this transition would require tremendous amount of capital. In order to make profit, the energy firms with their limited presence and high capital investment, this puts high pricing on the consumption of these resources, so an alternative to this would be to involve the the customers or consumers directly and start trading energy in the form of tokens to initiate the next future plans in the widespread acceptance of renewable green resources.
**WHAT ARE THE PROBLEMS THE ENERGY MARKETS PRESENT FOR THE INVESTOR AND THE CONSUMER?**
For the investor-
The lower levelled investor /consumer might not invest if the process is complicated and expensive. Investor’s don’t have much access to invest at a global level for the reason that their isn’t much scope for energy production in their local areas or vicinities.
For the producer-
Acquiring capital from investor’s is a tedious task and hinders their profit making and re investment for expansion plans
**HOW’S THE MARKET ALIGNED WITH REGARDS TO RENEWABLE ENERGY SECTOR?**
As the early 2017 trends have shown that the investments have fallen in the renewable energy department. Banks, hedge funds and PE funds that are keeping out everyone else from the energy investment market, this has resulted in negligence to the renewable energy sector not supplying proper access to capital or catering to the end users of the energy.
To change this pattern WePower in order to provide access to projects that might be profitable for the end consumers. The power of blockchain technology plays an important role as their plan for energy tokenization that would provide green energy projects globally access to capital, this would also make trading of these energy resources through tokens global.
**WHAT IS THE WePower PLATFORM?**
A trading platform that is based on blockchain based technology that connects the energy producers with the consumers directly. This energy tokenization keeps in check the liquidity, and also provides access to live trade. In legal terms WePower is an energy supplier that functions independently that allows the platform to be connected to energy users, the exchange market and the electrical grid. It acts as a intermediary that provides you all the information in real time at one platform that an investor needs to know while investing or a trader.
This platform is an intermediary that provides you the live feed and the payments are all verified and performed via the decentralised and secured blockchain technology.
How this platform operates is that as a producer Is registered to the platform whatever his future production will be tokenized.1kWh will represent 1 internal energy token.
Whenever a producer wants to acquire capital rather than selling equity, to finance the initial cost of production, the energy to be produced in the future. The buyer then acquires an internal energy token which is a smart contract that indicates what kind of energy, time of production and delivery and its price.
**WHAT IS THEIR MODEL FOR TOKENIZATION?**
Every time a plant set to produce renewable energy they plan and organize an auction for the sale of their token and the minimum possible price will be set as a base limit for the energy that is to be sold.
This provides the investors the choice and opportunities to invest in global renewable ventures providing more options for in vestors to choose from a wide range of energy producers who can be located anywhere, this is a strong merit point which makes it very appealing for a potential investor that can invest globally wherever one feels will get the most profit out of their investment.
**AUCTIONING OF THE TOKENS**
Auctioning of tokens are held by the producers and they are the ones that decide what the minimum pricing will be. The lowest price is set for 1 kWh or one energy token. The platform is also equipped with the market price references for energy and the maximum energy price can be predicted by referencing that data.
**INITIAL COIN OFFERING (ICO)**
WePower is offering its tokens WPR token which are used for the trading on the WePower platform.
The bidders possessing the WPR tokens will have the priority access to the auction decided by the amount of tokens the bidder has.
These tokens can acquire energised tokens that are a ledger that keeps a record of the energy to be delivered to the bidder.
**SHOULD YOU BID ON WePower?**
This venture has its merits as its set out to promote renewable energy, connect the producer and consumer directly. They have planned to set up a platform which will encompass all the needs of the investor and the seller with payments being regulated by the blockchain technology. The producers can get capital without losing equity with the promise of delivering the pre ordered energized tokens. One flaw that they might have to tackle is the possible inability to deliver the pre ordered.
This is a good initiative with a strong and experienced team behind it determined to provide a seamless transformation and widespread acceptance of renewable energy sources.
**website**- https://wepower.network/
**whitepaper**- https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view
published by - dannywhelan
Btalk profile -https://bitcointalk.org/index.php?action=profile;u=1606458
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