KWHCoin-

What is KWHcoin ?

KWHCoin is a blockchain-based community, ecosystem and cryptocurrency backed by units of clean, renewable energy. Physical units of kWh energy are leveraged from multiple sources including smart meters, sensor readings and green button data. This measurable output is tokenized on the blockchain to create KWH tokens.

John McAfee talks about KWHCoin and other popular third-generation coins.

Our Mission

To improve the lives of the 1.2 billion people across the globe without reliable energy access. KWHCoin will achieve this by building a platform that allows anybody in the world to buy or sell renewable energy resources through The Grid—a blockchain-based renewable energy platform.

KWHCoin will allow the underserved to claim energy independence. Not only will they have the freedom to choose their energy providers, but they can also sell their own renewable energy to others through The Grid in the form of KWH tokens.

By lowering the cost of renewable energy transactions, KWHCoin will allow renewable energy to expand and bring newfound power to the farthest reaches of the world.

Industry Capital Expenditures

Cryptocurrency is the Future

In 2015, U.S. electric utilities spent $103 billion in capital expenditures to maintain and upgrade the grid. Distributed energy resources can be aggregated to provide services to the electric grid dramatically reducing costs and increasing energy efficiency.

KWHCoin’s solution is to build a decentralized network of energy resources by connecting them through blockchain technology. Export energy is converted to KWH tokens and transferred to users’ digital wallets on our peer-to-peer energy trading application—The Grid.

Native Decentralized App

• KWHCoin is the native token for a decentralized application where prosumers, consumers and other distributed energy resources can connect and configure their energy resources.

• The KWHCoin represents a kilowatt hour (kWh) of deliverable energy output or equivalent that was generated and distributed as part of work that occurred on our platform.

• The KWHCoin is a digital currency backed by a kilowatt hour of electricity that aggregates the energy usage data of distributed energy resources. Any upstream value is automatically paired into a digital wallet and payment is in KWHCoin.

The ICO will begin on February 8, 2018.

The stated price for each KWHCoin, during ICO, will be determined by market demand.

KWHCoin Supply

The initial coin offering is set to create a total supply of 195,000,000 KWH tokens to launch our advanced energy economy and network of distributed energy resources. The currently agreed total supply of KWH tokens including the rate of issuance has been determined based on the products, services and the scale of the virtual and physical renewable energy assets to be created.

KWHCoin Backing

1. The KWHCoin native tokens (KWH) are backed by distributed energy source generation so the total amount of tokens in circulation will directly reflect the generation of deliverable kilowatt hour work or activities related that were executed through the virtual and physical assets of our renewable energy network.
2. 195,000,000 KWH tokens will be created to start this advanced decentralized renewable energy economy.
3. KWH is the native token for a decentralized application (On the Grid) that will provide a marketplace plug and play platform for distributed energy resources to collaborate and most efficiently meet the energy needs of market participants.

Percentage Distribution

• 10% of all initial coin offering and ALL profits generated related to Kwhcoin will be donated to microgrid development and off grid technology investments in Africa, Southeast Asia, South America, The Caribbean and the 1.2 billion globally without access to a reliable energy source.
• 5% of Kwhcoins will be allocated for a presale to raise capital for pending business opportunities behind the meter with commercial, industrial and residential community energy efficiency projects.
• 53% of the token offering will be used to raise funds for 4 product offerings related to launching Kwhcoin as a decentralized renewable energy economy.
• 5% will be allocated to pay for business and administrative costs using the Kwhcoin as form of payment for services rendered.
• 27% of token generation is allocated for Founders, principals, core developers, and humanitarian partners for compensation and to launch the infrastructure for the social impact ecosystem.

FOR MOR INFORMATION : 

Website | Whitepaper | Twitter | Facebook | Reddit | Linkedin

USERNAME PROFILE BTT : VERDIKA90