KWHCoin Crypto Project
The KWHCoin is a digital currency backed by a kilowatt hour of electricity that aggregates the energy usage data of distributed energy resources.
The KWHCoin is a blockchain based solution for a cost effective and network incentive-based structure to help shift from fossil fuels to efficiency and renewables.
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 of deliverable energy output or equivalent that was generated and distributed as part of work that occurred on our platform. And any upstream value generated will automatically pair to a digital wallet and payment is valued and dispersed in KWHCoins.
The KWHCoin is a blockchain based solution for a cost effective and network incentive-based structure to help shift from fossil fuels to efficiency and renewables.
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 of deliverable energy output or equivalent that was generated and distributed as part of work that occurred on our platform. And any upstream value generated will automatically pair to a digital wallet and payment is valued and dispersed in KWHCoins.
The Aim of the project:
• Serve as a baseline incentive and compensation model to lower the cost of solar and encourage investment in distributed energy resources.
• Leverage blockchain as a liberation technology to lower barriers and give renewable energy access to the 1.2 billion globally without electricity. 10% of all funds will go directly to fund Microgrid development and off grid technologies in Africa, South America, the Caribbean, and Southeast Asia.
• Building decentralized localized networks of renewable energy generation, minimizing transmission costs and carbon intensity in the energy transmission process.
• Develop a viable business model for a Net-Zero Energy marketplace with an open-source platform and database with peer-to-peer capabilities and without the requirement of a third party. This will give consumers independence and the flexibility to choose an energy source that is 100% renewable.
• Enable citizens to contribute and benefit from the green economy and directly reduce carbon emissions by digitizing all energy-related operational activity.
• Peer-to-Peer transition model that unlocks value at the edges of the grid. This will empower prosumers and all network participants to receive maximum leverage in a network setting for their contributions in a green economy.
• Serve as a baseline incentive and compensation model to lower the cost of solar and encourage investment in distributed energy resources.
• Leverage blockchain as a liberation technology to lower barriers and give renewable energy access to the 1.2 billion globally without electricity. 10% of all funds will go directly to fund Microgrid development and off grid technologies in Africa, South America, the Caribbean, and Southeast Asia.
• Building decentralized localized networks of renewable energy generation, minimizing transmission costs and carbon intensity in the energy transmission process.
• Develop a viable business model for a Net-Zero Energy marketplace with an open-source platform and database with peer-to-peer capabilities and without the requirement of a third party. This will give consumers independence and the flexibility to choose an energy source that is 100% renewable.
• Enable citizens to contribute and benefit from the green economy and directly reduce carbon emissions by digitizing all energy-related operational activity.
• Peer-to-Peer transition model that unlocks value at the edges of the grid. This will empower prosumers and all network participants to receive maximum leverage in a network setting for their contributions in a green economy.
Furthermore, Grid aims to build a social impact platform to advocate clean and affordable electricity for all.
The Grid network uses software and cooperation between peers to provide a global virtual power company.
KWHCoin is a digital currency that converts the data of distributed energy resources to digital tokens on a blockchain.
Blockchain and other distributed ledger technology systems are the underlying protocol used to secure KWHCoin and the execution of energy transactions on the platform.
Thefefore, the energy company model will provide a balancing effect on all resources that contribute to the generation of value.
The Grid network uses software and cooperation between peers to provide a global virtual power company.
KWHCoin is a digital currency that converts the data of distributed energy resources to digital tokens on a blockchain.
Blockchain and other distributed ledger technology systems are the underlying protocol used to secure KWHCoin and the execution of energy transactions on the platform.
Thefefore, the energy company model will provide a balancing effect on all resources that contribute to the generation of value.
Summary
KWHCoin is the native digital currency of The Grid applications and will be the decentralized currency that powers peer-to-peer transactions, token swaps, digital exchange trades and all transactions that take place on The Grid.
KWHCoin is the digital currency that provides the medium of exchange for transactions on the Grid platform. While, The Grid is a mobile and desktop application that serves as the open source database of energy transactions for network participants.
Distribution of energy resources such as solar, storage, energy efficiency, and demand management can be aggregated to provide services to the electric grid and therefore generate value that should be compensated at the edges of the electrical grid where most people interface.
KWHCoin is the native digital currency of The Grid applications and will be the decentralized currency that powers peer-to-peer transactions, token swaps, digital exchange trades and all transactions that take place on The Grid.
KWHCoin is the digital currency that provides the medium of exchange for transactions on the Grid platform. While, The Grid is a mobile and desktop application that serves as the open source database of energy transactions for network participants.
Distribution of energy resources such as solar, storage, energy efficiency, and demand management can be aggregated to provide services to the electric grid and therefore generate value that should be compensated at the edges of the electrical grid where most people interface.
KWHCOIN DISTRIBUTION
The total supply of KWHCoin and its rate of issuance will be decided by the scale of assets that created, based on distributed energy resource generation.
The total supply of KWHCoin and its rate of issuance will be decided by the scale of assets that created, based on distributed energy resource generation.
The results below are subject to change based on final input from the Board:
• 195,000,000 KWHCoins will be created to start this decentralized peer-to-peer energyeconomy
• 19.5 million KWHCoins will be used to fund the building of microgrids and developing off grid technologies in Africa, Puerto Rico, South America, Southeast Asia and the Caribbean
• 50,000,000 KWHCoins for Founders and Partnerships with Social Impact organizations to build local sustainable economies
• 101,169,000 KWHCoins will be publicly released the end of January for public Initial Coin Offering.
• 195,000,000 KWHCoins will be created to start this decentralized peer-to-peer energyeconomy
• 19.5 million KWHCoins will be used to fund the building of microgrids and developing off grid technologies in Africa, Puerto Rico, South America, Southeast Asia and the Caribbean
• 50,000,000 KWHCoins for Founders and Partnerships with Social Impact organizations to build local sustainable economies
• 101,169,000 KWHCoins will be publicly released the end of January for public Initial Coin Offering.
More Information Connect To KWHCoin
Official Website: https://kwhcoin.com/
Whitepaper: https://kwhcoin.com/wp-content/uploads/2017/12/KWHCoin-White-Paper-REVISED.pdf
Facebook Page: https://www.facebook.com/KWHCoin
Twitter Page: https://twitter.com/kwhcoin
Official Website: https://kwhcoin.com/
Whitepaper: https://kwhcoin.com/wp-content/uploads/2017/12/KWHCoin-White-Paper-REVISED.pdf
Facebook Page: https://www.facebook.com/KWHCoin
Twitter Page: https://twitter.com/kwhcoin
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