EtainPower Token ICO

EtainPower Token ICO

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EtainPower is a team of experts with a background in blockchain technology,we help provide renewable energy projects overcome their financial barriers.P While at the same time improving the operation of the current power grid utilities.and enchanting the equality of electricity transactions.
May 7, 2018
Jun 30, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
EPR
Accepted Currencies
ETH
Company Details
Registered Country
Malta
Additional Details
Categories
Energy

About EtainPower Token ICO

The energy industry has always been an industry with centralized authorization and operation. While
conventional fossil fuel generates cheap electricity for us, it also causes severe and even irreversible pollution
and damage to the environment. In recent years, the world’s international powers have begun to realize the
problems caused by the consumption of conventional fossil fuels, such as global warming and pollution, many
governments have issued policies to promote the development of renewable energy projects. As a result, the
renewable energy industry has made great progress and development, and the cost to construct renewable
energy projects is decreasing gradually. Because of this, more renewable energy power projects were built
than conventional fossil fuel power projects. In 2016, 60% of the newly-add global power capacity came from
renewable energy.

Although renewable energy has made some achievements recently, there are still some problems that need to
be solved during development.

First, comparing to conventional fossil fuel power plants, the initial capital demand for renewable energy
projects is relatively high. Most renewable energy producers want to decrease the initial equity investment
and do project financing to make more profit. With the gradual decrease of government subsidy for renewable
energy projects, investors enhance the requirement of project financing. Therefore, renewable energy
producers are competing fiercely for the investment, making it difficult to obtain the project financing.

Meanwhile, in the model of traditional financing, some financing institutions like banks are conservative, and
they don't know the industry technology and standard of renewable energy very well, so comparable to a
conventional fossil fuel power generation project, a renewable energy project is more difficult to get financial
support. High initial financing requirements at the beginning of projects can become one of the most
insurmountable barriers to build renewable energy projects.

On the other hand, investors with the capital have created the demand to make more investments in
renewable energy projects, but they can't find the investment channel. Information asymmetry exists between
the investor and the renewable energy producer. For some middle and small size investors, even if they have
the channel to invest in renewable projects, they don’t have the ability to screen and evaluate the project.
Then for middle and small size investors, if they invest in renewable energy projects, they can only obtain the
return of the investment through using the electricity generated by the project or obtaining the currency of
the project location. Because of this limitation, the investors are normally concerned about whether or not
they can obtain the expected return on investment in the future. The limitation of geography and fiat currency
become the main obstacle to investing in renewable energy projects.

Third, because the electricity generation of renewable energy project is unpredictable and fluctuates from time
to time, it is difficult for power grid operator to balance the power generation and load when a large number
of renewable energy projects are connected to the grid. Inadequate experience in managing renewable energy
grid connections and lack of smart grid technology causes power utility companies a lot of issues to deal with.

EtainPower aims to solve the predicament and challenges of the global electric power system:

EtainPower is building up a blockchain based renewable energy trading platform. Through blockchain and
smart contract technology, EtainPower will tokenize the renewable energy revenue and help renewable energy
producer complete project financing. EtainPower will build a decentralized, fair and transparent financing
environment, reduce financing cost while improving efficiency for project financing, and therefore promote
the development of renewable energy.

EtainPower will build the effective channel for global investors to access and invest in renewable energy
projects, EtainPower will conduct due diligence to ensure project quality and the investor’s benefit. Project
investor can either change the energy token to the EtainPower token or electricity or use the energy token to
purchase various services within the EtainPower ecosystem.

Furthermore, EtainPower will make use of AI technology to optimize renewable energy grid connection, create
smart grid technology to ease the adoption of renewable energy, and enhance the elasticity of the power grid.

EtainPower puts ample effort on reforming the traditional centralized electric power sector, connecting
renewable energy producers, investors, consumers and power grid operators in the global range to build up a
totally new AI energy ecosystem driven by the blockchain.

EtainPower Token ICO Roadmap

  • Q3, 2017

  • EtainPower officially started.
  • Q2, 2018

  • EPR Token 1.0.
    EPR ICO.
  • Q3, 2018

  • PPS Token 1.0.
    PPS Wallet 1.0.
    Finalizing auditing criterion for project financing.
  • Q4, 2018

  • PPS Selling Platform.beta.
    600MW Energy projects contracts signed.
  • Read More
  • Q1, 2019

  • Platform 1.0.
    Raising capital for 1st project in Antigua.
  • Q2, 2019

  • PPS 2.0.
    Developing U.S. and Asian Markets.
  • Q3, 2019

  • PPS Wallet 2.0.
    Sign contracts with service providers.
    PPS of the 1st project is ready to use.
  • Q4, 2019

  • Releasing EV-rental & EV-Charging services.
    Developong power utility clients.
    Raising capital for 2.6 GW projects.
  • Q1, 2020

  • Releasing P2P trading applications.
    Sign contracts with power utility companies.
  • Q2, 2020

  • PPS 3.0 (Microgrid).
    Smart grid sofware development.
    Smart grid hardware development.
    Completed transactions between utilities and users.
  • Q3, 2020

  • Smart grid system.
    Releasing smart grid system in Caribben Islands.
  • Q4, 2020

  • Smart grid system 2.0.
    Raising smart grid in Southeast Asian.
    Rasising Capital for 8.6 GW projects.

Activity

Followers:
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Tweets:
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Members:
29 681
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Alexa
Rank:
2 348 505
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Delta:
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Year commits:
24
Watchers:
4
Stars:
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Forks:
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Open issues:
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Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Sanwen Xue
Founder & CEO
unverified
Kewen Chen
VP of Engineering & AI-Grid
unverified
Sophia Zhou
Director of Administration
unverified
Jeffrey Zhang
Lead Software Engineer
unverified
Antonio Salvatore
Director of Marketing (USA)
unverified
Derrick Gu
Director of of BD & Marketing (Korea & Japan Marke...
unverified
Jasmin Adzic
Software Engineer
unverified
Abemelek Abay
Engineering Manager
unverified
Lance Ma Business
Development Manager
unverified
Liya Zeng
Operation Assistant(Korea)
unverified
Wilson Chen
Chief Designer
unverified
Santiago Ullal
Social Media Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Shuming Chen
Energy Expert
unverified
Jijun Ye
Energy Expert
unverified

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