Last Update
Feb 22, 2018
Why are we needed?
The electricity supply industry is opaque. Consumers were never giving a say in what is powering their lives or businesses. Certificates of origin exist but double-accounting issues and reliance on the supplier’s word are strongly limiting their impact. But, drawing a parallel with the food industry, consumers’ preferences can shape the upstream industry – if they are given the right tools to do so.
How does it work?
On Irene Energy, consumers (i) hand-pick the individual producers that they like and (ii) pay them directly – in a public, verifiable and absolutely transparent manner thanks to the blockchain. We designed our Stellar-based token (Tellus) to do micro-payments. Micro-payments enable us to closely follow the intermittency of renewable production and hence to provide consumers with a unique and revolutionary guarantee with regards to what they bought, when and from whom.
Our token
Tellus was designed to grow with Irene’s business. Tellus is Irene Energy’s internal currency and as such, is necessary to join Irene Energy. Tellus is however completely transparent to end users (which pay their monthly electricity bills in national currency – just like with any other electricity supplier).
Tellus is also the first KYC/AML-vetted crypto community. Both on the primary and secondary markets, purchasing Tellus is conditional to successful KYC/AML screenings. Additionally, relevant authorities are able to freeze any address that would have been identified as being linked to criminal activity (Stellar enabled features). This makes our token compliant with existing regulations for financial assets. As such, Tellus anticipates crypto-regulations and positions itself as a long-term play.
Underlying technology
Irene Energy is powered by Stellar: a blockchain built to do micro-payments and notoriously energy-efficient. In terms of brand coherence and positioning, we believe this is a strong competitive advantage that will facilitate future customer acquisition.
Q1 2017 - Creation
Mar 2018- Pre-sale
Q2 2018
May 2018
Q3 2018
Jan 2019
Dec 2018 - Main Sale II
Q1 2019 - First US Licences
Q2 2019 - US Launch
Verified 89%
Attention. There is a risk that unverified members are not actually members of the team
Verified 80%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.