**Introduction to WePower.**
Renewable energy is undeniably the best kind of energy. Reason being, that almost all the renewable energy from any kind of source is environment friendly and can be regenerated over-time. The world is in need of more and more businesses institutions that deal in Green energy and consumers that can use this green energy for its daily use. At current rate, humans will deplete all the non-renewable sources of energy, leading the world into an energy crisis and a great commotion, especially in the countries that raise most of their revenue from selling oil and gas overseas. The world desperately needs more and more of its citizens to shift to green energy to avoid the energy crisis ticking on us like the doomsday clock.
**WePower** in simple terms is a 'Green energy trading platform' powered by blockchain that will enable green energy producers to hold small ICOs over the platform by issuing their own energy tokens. With most of the non-renewable sourced depleting at an alarming rate, green energy trading platform are going to play a massive role in the future and WePower in one such initiative.
**What's the big idea?**
Blockchain changed the world for the better in so many unforeseen ways and now this is where the blockchain can impact the well-being of the planet. As mentioned earlier, WePower will enable green energy power-plant builders (like hydro-electric project companies or wind mill establishing industries) to raise capital by issuing their own token over the WePower platform, where each token will represent the amount of energy the aim to produce and deliver to the token holder. WePower thus completes a humongous task of connecting the green energy consumers and producers while simultaneously aiding more and more green energy production worldwide.
ICOs have successfully raised millions of dollars over the recent years and have proven to be a successful platform for raising capital. WePower will completely change the scenario of energy production. As of now, in order to establish an energy plant, the builders/industries have to invest their own money or take a loan from banks. By using the WePower platform these companies will be able to sell energy upfront in the form of tokens.
**Benefits of WePower**
WePower connects all the parties in the green energy market bypassing any third party trading platform and simultaneously opens a new opportunity for investors to invest in energy tokens and later sell them at a relatively higher price to a consumer. By investing in the mini-ICOs consumers can buy energy at a relatively lower price than when the project comes into production.
Tokenization of energy and ease of buying decentralised tokens globally will lead to more liquidity of tokens and more opportunities for investors and green energy industries.
WePower is a win-win for all the parties in the market- consumers, industrialists and investors.
**WePower token, ICO and future prospects:**
**We Power development is divided into three stages.**
- _WePower breeze:_ Entering the market, challenging the traditional investment and purchasing of green energy.
- _WePower Storm:_ Growth of services on the platform, aggregating and managing energy sales via smart contracts.
- _WePower Hurricane:_ Establishing the new era of trading green energy.
WePower aims to create green energy worth 66M EUROS and by the end of 2022 expects energy of over 7 Billion EUROS to be traded on the platform.
**ICO Details:**
The ICO starts on 2nd February 2018 and is hardcapped at 35M USD
• 55% of tokens sold go to investors, 20% team, 10% future, 15% community growth
• 45% of funds will be allocated to development, other 55% includes expansion, integration, energy market
• Before reaching soft cap 1 ETH = 1 150, after 1 ETH = 1 000 WPR
WePower raised 3Million USD from its pre-ICO in October 2017 and with the upcoming ICO in February, we can expect a launch in March, 2018.
**Benefits to WPR holders:**
- WPR holders will receive 0.9% of the energy traded on the WePower platform which can be used or sold on the platform
- WPR tokens will grow on value with the success of WePower.
**Conclusion:**
WePower is in touch with many big energy companies who would like to use the platform after its release. With the WePower tokenization model, even the energy created by household solar panels can be tokenized and sold over the platform. WePower system could drastically drive down the cost of energy and push more and more people to enter green revolution as an industrialist if not as a consumer.
**WePower** is the future of energy trading and is bound to become the first blockchain based virtual powerplant. The world needs more acceptance and production of green energy now more than ever in the history. There are innumerable benefits of green energy and WePower platform is the first global initiative that can actually have a massive impact on the 'Green Revolution'. WePower token in true sense will be a '_world changing token'._
WePower is here for change and I do not see one reason why the WePower platform usher a new era in the green revolution in future– it is a great idea to support industrial trying to make efforts towards green energy production, there is barely any market competition as of now and with the knowledge of renewable energy and its benefits fed to us right from the childhood, who would not want to invest in green energy and 'save the planet'.
**Important links:**
**Website** : [https://wepower.network/](https://wepower.network/)
**Whitepaper** : [https://drive.google.com/file/d/0B\_OW\_EddXO5RWWFVQjJGZXpQT3c/view](https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view)
**Authored By**: Etheran
**Btalk profile:** [**https://bitcointalk.org/index.php?action=profile;u=1108165**](https://bitcointalk.org/index.php?action=profile;u=1108165)
hiveblocks