Universal Energy Coin

Universal Energy Coin

Created using Figma
Created using Figma
COMBINING: The Latest in Blockchain Technology Distributed Ledger – Smart Contracts with “Token Shield” AND The Revolutionary GEM machines for “Clean Green Energy”. Unlike traditional currencies and most forms of cryptocurrencies like Bitcoin, the Universal Energy Coin is backed by an electricity to be sold commitment meaning UE Coin values grow according to a gross revenue share of the sold electricity with its clean green electricity providers. Unlike traditional stock options, the UE Coin is tradable cryptocurrency and with a limited initial coin offering the scarcity of the coin contributes more to its value. If you need more reasons to support the Universal Energy Coin consider how buying the UE Coin will help fund research and development of other forms of Clean, Green and renewable energy.
Public Sale
May 31, 2018
Apr 30, 2019
100% completed
Raised funds - no Data
15
Goal 500 000 000.00 USD
Cap 500 000 000.00 USD
past
Private Presale
May 1, 2018
May 31, 2018
100% completed
$15 500
15
cap
goal
0% goal completed
Goal 10 000 000.00 USD
Cap 20 000 000.00 USD
past
  • 1 UEC
    =
    0.1 USD
Token Details
Ticker
UEC
Company Details
Registered Country
Cayman Islands
Additional Details
Platform
ERC20
Categories
Platform

About Universal Energy Coin

An amazing turn of events is coming from the digitalizing (computerization) of all facets of business including energy and finance to simplify and streamline operations. More and more automation is reducing manual repetitive tasks, freeing us humans to more challenging and creative endeavors, (i.e. Robots will replace manufacturing jobs) such as computer execution of a smart contract. Also, errors from human interventions will be virtually eliminated or reduced to a minimum, thus preventing any form of manipulations that could be used for personal gains (i.e. opportunism).

Energy converted from burning hydrocarbon-based elements, of coal, petroleum and natural gas are becoming more and more expensive to produce as they face restrictions due to concerns regarding the effects that hydrocarbons have on the surrounding environment. At the same time, a worldwide negative backlash from hydrocarbon pollution grows daily and deadlier (see “The Energy Reality”). Since 1750, humanity has pumped some 150 billion tons of carbon dioxide into the atmosphere. Almost half that amount was emitted since 2000 - 9.9 billion tons of it in 2016 alone.

Clean energy from solar and wind power are logical and evolutionary steps forward over hydrocarbon power. Both have been under heavy research and development and are believed to be competitive with hydrocarbon power production; however, each is subject to conditional output. Solar is dependent on daylight, and relative positioning and specific latitude play an important role in harvesting sunlight to energy. Wind power is a little more versatile than solar, but is completely dependent on wind current locations, limiting their commercial use to high wind corridors. Other forms of clean energy are being developed and one in particular, the Spatial Effects Generator (SEG), is described more fully below.

Features

Traditionally, ledgers are strictly managed by centralized computer systems until Blockchain technology was developed. UE’s solution is to build a peer-to-peer distributed ledger (Blockchain). UE’s business application model combines a cashflow component layer, using smart contracts that attach to revenue produced by the physical GEMs in such a way that creates a seamless and immutable flow of revenue directly from the gross revenue generated by the GEM to UEC coin holders in real time.

We propose to build a financial shield around GEMs, initially using SEG machines, starting with R&D, manufacturing of equipment and finishing with the placement of SEG Machines to end-users. With UE’s blockchain application business model, UEC will become the definitive energy coin.

Technical Info

UE’s financial shield and business model follows the Token Shield guidelines according to the “Token Shield Protocol”. Here, pre-purchased energy Tokens called UEC are offered to purchase energy credits. The sale of UEC will bring new technologies to market that will change energy generation by expanding the use of decentralized, portable and scalable energy machines that produce clean green energy without burning hydrocarbons, much like running water running through an electric water turbine that produces clean green energy. UE shall be responsible for lease placement and retention.

UE shall manage cash flow with a state of the art blockchain and Token. What distinguishes UE from everyone else is our gross revenue sharing model. This model consists of a negotiated split of gross revenue from energy user payments from each new energy product.

The basis for UE’s financial model is an agreement that ALL funds entering UE will allow for an energy credit microcosm that is easy to understand and use by all parties in the UE Community. UE will develop a peer-to-peer computer-assisted self-managing system consistent with the definition of a Token Shield using the latest blockchain technology, and a firmware (embedded) mated to each energy device, inter-connected to our peer-to-peer UE Shield platform. This allows oversight of each GEM machine and it's electricity output while connecting key operational issues with management. It will track and order maintenance, repairs, and replacements, collect revenues, disperse payments and divide UEC revenue according to the preprogrammed, unchangeable, unwavering smart contracts.

The original blockchain technology has inherent issues with consensus, transaction speed, and scalability. Blockchain technology 2.0 addresses these issues. First, we are “leapfrogging” over the existing blockchains under development where hundreds of millions of dollars have been spent and moving beyond their known limitations, such as scaling and transactions per second. The aim of UE’s system is to scale up to thousands of transactions per second, per node and cross communicate with shards which allows us to operate a highly scalable worldwide real-time peer-to-peer system at an economic cost that until now was not possible, while taking revenue directly off the top of each operating GEM and distributing it to the UEC token holders worldwide in real time.

Universal Energy Coin Roadmap

  • 2016

  • Prof. John Searl, the inventor of the SEG; exclusive consultant to SEGM.
    R&D Rare Earth metal parts with an atmosphere Furnace.
    Machining of Rare Metals developed to SEG specifications.
    500kW SEG Magnetizer – Designed and start of construction and assembly.
  • 2017

  • Design and construction of magnetization platform for both SEG stator and rotors ring layers.
    Magnetic material research and machining techniques development for SEG Segment sizes and large stator rings.
    Completed the construction of the 500kW SEG Magnetizer as the only one of its kind.
  • Q1 2018

  • Consolidated and finalized the terms of the partnership between UEC and SEGM.
    SEG development plans and the operational budget established for 2018.
    Precision machine shop heavy equipment order and installation.
    Market research and ordering of Magnetic and Rare Earth materials from Asian manufacturing sources.
  • Q2 2018

  • Human resources - Hiring of highly skilled personnel in project research and development.
    Magnetics development of a highly proprietary magnetization process exclusively for the SEG.
  • Read More
  • Q3 2018

  • Machining and development of SEG layers for both large Stator and Rotor (Rollers) Rings parts.
    Prototype manufacturing of parts consisting of RE metals, Dielectrics, Permanent Magnets, and OFHC Copper.
  • Q4 2018

  • SEGM Magnetization laboratory – Operational system for SEG Stators and Rollers component.
    SEG Prototype – Final proof of concept, an operational demonstrator as a 500 to 2500 watt standalone electrical generator for the UEC.
  • 2019

  • Planning, funding, and construction of SEG production facilities
    Subsequently, start deployment of domestic and industrial generators as a clean alternative energy solution towards worldwide energy markets.

Activity

Followers:
200
VERY LOW
Tweets:
55
LOW
30 Days Growth:

Universal Energy Coin Team

Verified 0%

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

Yasir Drabu
CTO
unverified
Julien Merzoug
CEO
unverified
N/A
5.0 4
ICO Profile Vision Activity Potential Product Team
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