Mar 5, 2018
The ability to circumvent the aforementioned complications and create a secure peer-to-peer green energy marketplace puts the XiWATT team in a unique position. The team’s goal is to utilize blockchain technology to prevent the monopolization of the renewable energy market by providing a competitive crowdfunding and project management service for green energy projects.
By leveraging the blockchain, XiWATT can enable individuals and investors to invest in renewable energy and facilitate the creation of a decentralized marketplace for renewable energy.
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Attention. There is a risk that unverified members are not actually members of the team
SummaryIf XiWatt is able to build connections and relationships with local and global power companies and gain access to their electric grids, then their platform could be incredibly successful. Green energy is the future, and by providing a way for users to buy and sell their energy and a platform for new startups, XiWatt could change the world as we know it. Competition is high in this niche and we believe PowerLedger and WePower have beaten them in the race already.PositivesFunding a Green Economy: XiWatt will provide a new way for green energy providers to receive the funding that they need to get good market traction.Power To The People: XiWatt gives consumers a choice of who they want to buy their power from. They aren’t limited to using just one local power company anymore.Advanced Review Process: All new sectors must go through an advanced review process which will filter out bad ideas, and only allow the profitable, well-planned sectors to pass through for crowdfunding.NegativesChallenges With Local Companies: Local power companies will no doubt see this as a competition to their current monopoly. This may make it hard for XiWatt to fully integrate themselves into existing power grids.
The company is focused around the creation and distribution of green energy. They are transparent, have a great team and will likely meet success. If you’re a conservationists, or looking to invest into renewable resources, XiWATT could be the ideal company for you to get involved with.
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