WePower Network

WePower Network

Created using Figma
Created using Figma
WePower is launching blockchain and smart contracts powered green energy exchange platform where everyone can buy, trade or invest in tokenised green energy.
Ico
Feb, 2018
Feb, 2018
100% completed
$40 000 000
hard cap
goal
100% hard cap completed
Goal 3 000 000 USD
Hard cap 40 000 000 USD
past
Pre-ico
Sep 20, 2017
Oct 20, 2017
100% completed
Raised funds - no Data
Goal 3 000 000 USD
past
  • 1 WPR
    =
    1 ETH
Aug 24, 2017
Sep 1, 2017
100% completed
Raised funds - no Data
past
Token Details
Ticker
WPR
Accepted Currencies
ETH
Additional Details
Platform
Ethereum
KYC
Yes
Company Details
Registered Country
Lithuania

About WePower Network

WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.

The technology team is led by Kaspar Kaarlep, former CTO of Elektrilevi, he and his team are the ones who built the Estonian Smart Grid infrastructure over the past 10 years. The team that Kaspar assembled for WePower has vast experience in building information systems in the energy space. Given their experience working directly with and for utilities, this team is uniquely placed to be able to intimately understand the challenges presented by today's changing energy landscape and how specific technologies are impacting it.

WePower is currently launching a pilot project with Elering, Estonian transmission system operator, with the goal of building a proof-of-concept for recording a nation-state scale of consumption and production data on the ethereum blockchain. This will be a first of its kind enabling the global blockchain powered energy market to take its first steps towards reality. WePower is leveraging Estonia's existing advanced smart grid, particularly the 100% smart meter coverage with hourly reading and a central data hub with a data exchange layer for transparent 3rd party access. These are the ideal technical conditions to test the true scalability for our technology.

By partnering with WePower, utilities can begin exploring the following examples that currently don't exist:

  • Enabling new consumer experiences through energy data stored on the blockchain.
  • Exploring the utility as a data broker business model at scale. For example, a GDPR compliant, customer-controlled, data exchange layer that reinforces the relationship between the utility and its customer by giving the better ownership tools for their own data.
  • Helping integrate renewable energy providers into the smart grid better and helping facilitate the creation of grid level energy clusters.

Features

WePower solves the current problems of access to capital for the
renewable energy developers and provides access to investments in
profitable projects directly for the final consumers, any type of investors
and energy market makers. This is done using the fast and transparent way
through smart contracts on the blockchain. By employing technology
WePower solves the following energy market insufficiencies: global
access to capital for green energy projects and green energy
investments and trading as well as speed and transparency.

Technical Info

Technical details:  Ethereum ERC20 standard token. The source code:  The code is not available. Proof of developer:  Public team.

Roadmap

  • WePower concept is born

  • Concept to leverage blockchain for green energy trading and renewable energy projects financing.
  • January 2017

  • WePower idea
  • WePower Idea

  • Idea to leverage blockchain for green energy trading and renewable energy projects financing.
  • 1000 MW project pipeline secured

  • Secured clients with more than 1000 MW capacity solar projects.
  • Read More
  • July 2017

  • Secured client with 1000 MW solar project
  • Secured client with 1000 MW solar project

  • Secured client with 1000 MW solar project
  • MVP launched

  • WePower minimal viable project launched.
  • August 2017

  • WePower MVP
  • WePower MVP

  • Deal for grid integration tests signed

  • Deal for grid integration tests signed. 14 energy engineers join the project.
  • October 2017

  • Token sale
  • Token public pre-sale

  • Successful pre-sale campaign with 3 mln USD secured.
  • October 2017

  • Token public pre-sale
  • $3M raised in an open pre-sale

  • Successful pre-sale campaign with 3 mln USD secured.
  • Pilot testing with Elering

  • During the first of this kind test WePower will run nationwide energy tokenisation test with Estonia's TSO Elering
  • January 2018

  • Pilot testing with Elering
  • Accepted to StartupBootcamp

  • WePower is accepted to StartupBootcamp Australia Energy program. This is the first time when the company with blockchain tech is accepted.
  • Token Sale

  • February 2018

  • Token sale
  • Public Token Sale

  • WePower public token sale will be launched.
  • WePower platform launch

  • March 2018

  • WePower platform launch
  • Country-wide energy tokenization test in Estonia

  • During the first of this kind test WePower will run nationwide energy tokenisation test with Estonia's TSO Elering.
  • Connection to the energy infrastructure

  • May 2018

  • Connection to the energy infrastructure
  • Connection to the energy infrastructure

  • WePower connected to the energy grid infrastructure.
  • Launch in Spain

  • July 2018

  • Platform testing
  • Platform testing

  • August 2018

  • Launch in Spain
  • WePower operational in Spain

  • WePower fully operational in Spain with first clients connected to the system.
  • Launch in Portugal and Germany

  • September 2018

  • Distribution of donated energy to token holders
  • Distribution of donated energy to token holders

  • October 2018

  • Launch in Portugal and Germany
  • Further expansion

  • January 2019

  • Balancing and frequency regulation
  • Balancing and frequency regulation

  • March 2019

  • Virtual power plant structure
  • Virtual power plant structure

  • 2019

  • Further expansion

Activity

Status:
Full Member
MEDIUM
Activity:
294
HIGH
Merit:
126
MEDIUM
Posts:
4 847
VERY HIGH
Views:
47 180
VERY HIGH
Users:
1 207
VERY HIGH
Posts:
912
VERY HIGH
Followers:
27 029
VERY HIGH
Likes:
25 442
VERY HIGH
Followers:
37 257
VERY HIGH
Tweets:
2 577
VERY HIGH
Members:
46 670
VERY HIGH
Alexa
Rank:
518 564
LOW
Delta:
323 783
Year commits:
101
Watchers:
23
Stars:
44
Forks:
14
Open issues:
1
Videos:
87
VERY HIGH
Subscribers:
4 801
LOW
Views:
339 485
VERY HIGH
Likes:
8 002
LOW
Dislikes:
123
VERY HIGH

Team

Verified 100%

2 ICOs

$43 936 272

Smart contract developer
verified
CO-founder, project lead
verified
Co-Founder with a background in regulation and Fin...
verified
Marketing & sales
verified
PR Partner
verified
Content & social media manager
verified
Software engineer
verified
Ignas Bobinas
Software engineer
verified
CTO
verified
Complex system architecture
verified
Security
verified
Digital Marketing
verified

Advisors

Verified 100%

2 ICOs

$40 000 000

Fintech & security advisor
verified
Energy trade and transactional advisor
verified
AI advisor
verified

7 ICOs

$114 005 765

Blockchain advisor
verified

7 ICOs

$138 650 320

Blockchain and token economy advisor
verified
Lukas Kairys
What is your opinion about the project?
I believe that the blockchain has a huge potential to disrupt Energy sector. That's why I joined Wepower team.
Nikolaj Martyniuk
What is your opinion about the project?
It's one of the rear true application of blockchain where it actually solves problems. Fintech+Energy application. All major partnerships are in place to go forward including an agreement for the infrastructure availability on the national level for platform implementation. A Very experienced team in all the domains the platform touches from business development to in-depth understanding how energy systems work and execution experience.

The project brings immediate value to the participants in green energy financing and energy acquisition but at the same time bring value to the grid supporting renewables expansion.

Last News

$ 0.0219
11.29%
Coin Stats
Daily, %:
11.29%
Weekly, %:
-13.71%
Monthly, %:
-52.22%
Market Info
Market Cap:
$ 10.39 M
Volume 24h:
$ 233.25 K
Circ. Supply:
473.43 M WPR
Ticker:
WPR
ICO profit
X 0.0002
ICO Price~$99.58

4.28

positive
5.0 3
ICO Profile Vision Activity Potential Product Team
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