Green Power Exchange

Green Power Exchange

Created using Figma
Created using Figma
The GPX platform enables simple peer-to-peer energy trading. Producers can easily pre-sell their power at a better price while allowing consumers to purchase power directly at a lesser rate. We are turbocharging the development of clean energy and creating an ultra efficient renewable energy market to push fossil fuels. Please stay on the right side of history.
ICO
Jul, 2018
Sep, 2018
100% completed
Raised funds - no Data
Cap 6 000 000 USD
Hard cap 112 000 000 USD
past
Token Details
Ticker
GPX
Accepted Currencies
ETH
Company Details
Registered Country
Barbados
Additional Details
KYC
Yes
Categories
Platform, Cryptocurrency, Energy, Software, Smart Contract

About Green Power Exchange

The global power market is currently $2.2 trillion annually. However, today’s method forpurchasing power at a wholesale and consumer level is inefficient and stuck in a different age:multiple intermediaries, black box exchanges and legal structures are involved that contribute to a bloated and slow-moving process. Consumers, large and small, mostly do not have an economical, legal or practical way to buy electricity on their own. Developers and independent owners of power projects are forced to rely on the utility to sell their power. GPX aims to eliminate these wasteful steps and inefficient intermediaries, and introduce a simple, easy to use, and most importantly, streamlined peer-to-peer (P2P) platform to buy and sell power. Since consumers’ power prices are significantly above current solar and wind production costs, and direct PPAs are already feasible in many deregulated jurisdictions, linking the two in a simple way will result in significant cost savings for consumers. By cutting out the middleman through the GPX platform, producers will receive higher prices. Saving money on the power bill will be as easy as buying a token.

The transaction applications will be accomplished through the implementation of standardized Smart Power Purchase Agreements and Proof of Ownership Smart Contracts that will auto execute once the required conditions are met and be posted to the public ledger.

In terms of real world application and market penetration, GPX has immediate access to thelargest power markets globally, with eight US states, Canada, and four major European markets, accounting for over 180 million consumers. With more than 62 projects secured at this stage for development and construction in these markets, and ready to be put on the GPX platform, as well as a roadmap to add significantly more partners, we feel strongly about achieving major developed power market dominance. Most importantly, GPX’s founders have built successful, profitable companies in the past in technology and energy, giving GPX a significant head-startover any other competing platform.

Simply put, the combination of blockchain, smart contracts and the tokenization of energy trading will revolutionize the way we purchase electricity. This is a huge market in the power sector alone. Add to it that independently-owned solar and wind plants are now producing energy
cheaper than market rates in almost every country, and the potential for disruption is massive. With the launch of this paper, we set out to directly connect producers and consumers via P2P, with immense cost savings on both sides.

We are creating an easy-to-use P2P energy trading platform that will further turbocharge cheap, green energy deployment and save consumers money. Be on the right side of history.

Green Power Exchange Roadmap

  • Q1 2018

  • Product Design & Development
    Write & Design White Paper
    Develop Marketing Website & KYC Solution
    Develop Smart Contracts for GPX Token
    Legal Framework
    Develop GPX Platform Demo
  • Q2 2018

  • Marketing & Pre-ICO Launch
    Launch white paper and marketing website
    Conduct Pre-ICO
    Prepare ICO
    Solution Design Phase for the GPX platform
  • Q3 2018

  • ICO Launch & Platform Development
    Conduct ICO
    Development of MVP
    Structure marketing rollout and set up business development team
    Add additional solar developers and power companies for 100-300 MW (approximately 120,000,000 - 360,000,000 kWh)
  • Q4 2018

  • Application Development
    Finalize ICO
    Development of full-scale platform based on MVP
    Add additional solar developers and power companies for 200-600 MW (approximately 240,000,000 - 720,000,000 kWh)
    Hire and expand senior team
  • Read More
  • 2019

  • Launch of GPX Platform
    Finalize trading platform development
    Launch of full-scale GPX platform
    Improve and enhance GPX platform based on user feedback
    Add additional solar developers and power companies for 300-900 MW (approximately 360,000,000 - 1,080,000,000 kWh)
    Engage first wind developers to come onboard
    Develop additional application on top of existing GPX platform
  • 2020

  • Expansion
    Engage first battery and storage developers to come onboard
    Expansion to Asia and other developing markets

Activity

Activity:
19
VERY LOW
Posts:
20
VERY LOW
Views:
370
VERY LOW
Activity:
1 344
VERY HIGH
Merit:
1 023
VERY HIGH
Posts:
4 598
VERY HIGH
Views:
35 243
VERY HIGH
Users:
1 264
VERY HIGH
Posts:
93
LOW
Followers:
25 498
VERY HIGH
Likes:
25 453
VERY HIGH
Rating:
5
VERY HIGH
Reviews:
21
LOW
Followers:
1 896
LOW
Tweets:
100
MEDIUM
30 Days Growth:
-283
Members:
1 042
LOW
30 Days Growth:
-34
Alexa
Rank:
5 010 699
VERY LOW
Delta:
1 042 555

Team

Verified 0%

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

Co-Founder, Head of Energy
unverified
Co-Founder, Head of Technology
unverified
Senior Manager North America
unverified
Senior Manager Europe
unverified
Senior Manager Technology
unverified
Uwe Luehrig
Platform Strategy
unverified
Hanwey Shieh
Growth and Branding Lead
unverified

Advisors

Verified 0%

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

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