ECOWATT TOKEN ELECTRICITY GOVERNANCE

Juni 17, 2021

ECOWATT TOKEN ELECTRICITY GOVERNANCE

Introduction.

EcoWatt is the first Governance Token backed by green power and a revenue-generating asset dedicated to increasing the value of the Token and delivering social impact. Initially 1 EcoWatt Token = 1 Watt installed power (Wp), whose value increases as the increasing Watt power exceeds the fixed Token supply.

ECOWATT Governance Token

The EcoWatt token derives its core value from physical revenue generating renewable energy assets. This gives the Token increased value and income, which increases as the asset portfolio support grows larger.

Proof of issuance of stock tokens

For every 1 Token sold, 1 Watt Green Power is connected and verified by the respective national network on the general ledger.

Asset backed value

Green Assets provides sustainable income that funds asset growth to increase Token value, stake rewards, access to low cost liquidity loans and social impact projects.

Utilities

The EcoWatt community that supports the project by staking Tokens receives the right to choose the allocation of funds to social impact projects in the areas of energy, food and water security and tree planting projects.

Ecowatt Token Offering

EcoWatt tokens will be offered through the Tokeny-powered EcoWatt platform and will later be available on select exchanges. Token mining requires a one-to-one ratio of 1 Token backed by 1 Watt Power. To achieve this, EcoWatt has organized two funding rounds before turning to a public access liquidity pool for community members to purchase discounted Token claims. The founders receive zero Tokens in advance and are 100% tied to the success of the project. A total of no more than 1,000,000,000 tokens will be mined and released to the Ethereum blockchain via the Polygon Network (Matic) as ERC20 T-Rex tokens.

TEAM

The ECOWAT team is made up of passionate professionals with extensive experience in renewable energy, real estate development, finance and digital solutions. The company is headquartered in Dublin, Ireland, and has subsidiaries in Bucharest and Istanbul.

They are advised by leading blockchain market experts in technology, media & listings as well as finance to ensure that there is a strong bridge between real-world EcoWatt green assets and blockchain.

Thomas Puskas

EXECUTING DIRECTOR, FOUNDER

30+ years of building renewable energy infrastructure and projects. Vienna-Budapest World Fair, port & rail projects, wind, solar and hydro power plants with a capacity of more than 1200 MW

Paul Flynn

CHIEF EXECUTIVE & CO-FOUNDER

15 years of structuring renewable energy projects. After receiving a parliamentary citation and speaking on a panel for electrification in East Africa using the power of society during the United Nations General Assembly Meeting (2018)

Dr. Rolf Schiffer

PROJECT DIRECTOR OF ENERGY

20 years as a thought leader, Government assessor and university lecturer in the field of renewable energy and energy efficiency. After giving up the professorship to deliver renewable energy projects in Africa.

ADVISOR

Daniel Coheur- Tokeny

Anna Tutova- Telegram coins

Nils Tharandt Ortiz – Polka Ventures

ROADMAP

Climate Change is one of the greatest challenges of our time.

So far, we have all depended on slow government regulation and profit-driven private sector companies to make a difference and are often forced to believe promises that by 2030 or even 2050 they will try to make a difference.

But what if we could come together as a community and make a difference now?

It takes 25 years – a generation – to transform industrial sectors and all value chains. To be ready by 2050, EcoWatt is doing this now using the power of blockchain.

EcoWatt puts renewable energy assets on the blockchain to disrupt the climate change movement by making green assets accessible to the blockchain community. By purchasing and staking EcoWatt Tokens, the community is directly participating in the growth of a zero carbon power plant that generates power, earns revenue, rewards and further increases the token's value.

EcoWatt is set to create a green energy equivalent to DAO, the first community-owned energy company. It is the audience that will influence the company's decisions more than shareholders and investors.

Tokenomics EcoWatt is very simple – it is a limited supply of ERC-20 tokens backed by renewable power assets. The only way to mine the 1 billion ECW tokens that will be issued is to physically build a 1 billion Watt renewable energy generator. So the basics are pretty straightforward: 1 ECW = 1 Watt of renewable energy capacity during Token mining. Once mining is complete, the asset ratio that develops in relation to the number of tokens keeps increasing the value of the Token steadily for years to come.

After the first oversubscribed private sale, a second private round with a combined target of 8 million Euros was launched on the token platform running parallel to the issuance of the traditional 30 million Euro Green Bond on 15 May 2021. The campaign will last until 15 June 2021, before opening mining for public in July 2021.

According to the World Economic Forum, in 10 years 10% of the world's GDP will be stored on the blockchain, so it is imperative to bridge the blockchain and the energy industry as soon as possible.

EcoWatt is building the first community dedicated to the climate change movement, which will be able to make an impact independent of agencies and governments.

EcoWatt doesn't plan to stop there. In addition to growing the value of the Token by building assets and rewarding the communities who stake, EcoWatt will also reinvest the proceeds into social impact and food security projects that will support thousands of families and plant millions of trees in collaboration with tree.org.

The initial target is to create an asset portfolio with a Token market cap of EUR 1.20 billion by 2022 and save 750,000 tonnes of CO2 emissions annually for the foreseeable future.

EcoWatt is one of the few blockchain projects to have Tokens backed by physical assets that bring real value and strive to make our world a better place. And it's right around the corner now.

TOKEN MINING ALLOCATION:

The token uses an API tracking token that Watts installs on the public ledger. For this reason, even founders did not receive Tokens beforehand and had to hit 100% of the mining target to receive 100% of their Token allocation.

Token Benefits

Proof of stake mining

1 billion Tokens mined by acquiring renewable energy assets
1 mined token equals 1 Watt Power of installed renewable energy assets.

Asset backed value

A cherished store of value backed by real-world income-generating assets.
Earnings from Hodl & Staking rewards backed by real world income generating assets.

Liquidity