ETAINPOWER IS A BLOCKCHAIN-BASED ENERGY ECOSYSTEM POWERED BY AI.
EtainPower is a team of experts with a background in blockchain technology,we help provide renewable energy projects overcome their financial barriers.P While at the same time improving the operation of the current power grid utilities.and enchanting the equality of electricity transactions.
WELCOME TO ETAINPOWER
EtainPower is a renewable energy financing and trading ecosystem empowered by both blockchain and AI technologies. Backed by a team of top-tier engineers from Silicon Valley, we introduced a groundbreaking blockchain architecture to tokenize global renewable energy assets, allowing them to be traded rapidly and freely through our highly decentralized blockchain technology platform in a fast and safe way.
Our founding team has extensive experience in the fields of new energy, blockchain and artificial intelligence. We combine blockchain and AI technologies and apply them to the global energy network with the goal to break the monopoly position of traditional energy giants and bring true decentralization to the smart energy ecosystem.
Blockchian Technology
Artificial Intelligence
EPR Token
About EtainPower Token ICO
The energy industry has always been an industry with centralized authorization and operation. While
conventional fossil fuel generates cheap electricity for us, it also causes severe and even irreversible pollution
and damage to the environment. In recent years, the world’s international powers have begun to realize the
problems caused by the consumption of conventional fossil fuels, such as global warming and pollution, many
governments have issued policies to promote the development of renewable energy projects. As a result, the
renewable energy industry has made great progress and development, and the cost to construct renewable
energy projects is decreasing gradually. Because of this, more renewable energy power projects were built
than conventional fossil fuel power projects. In 2016, 60% of the newly-add global power capacity came from
renewable energy.
Although renewable energy has made some achievements recently, there are still some problems that need to
be solved during development.
First, comparing to conventional fossil fuel power plants, the initial capital demand for renewable energy
projects is relatively high. Most renewable energy producers want to decrease the initial equity investment
and do project financing to make more profit. With the gradual decrease of government subsidy for renewable
energy projects, investors enhance the requirement of project financing. Therefore, renewable energy
producers are competing fiercely for the investment, making it difficult to obtain the project financing.
Meanwhile, in the model of traditional financing, some financing institutions like banks are conservative, and
they don’t know the industry technology and standard of renewable energy very well, so comparable to a
conventional fossil fuel power generation project, a renewable energy project is more difficult to get financial
support. High initial financing requirements at the beginning of projects can become one of the most
insurmountable barriers to build renewable energy projects.
On the other hand, investors with the capital have created the demand to make more investments in
renewable energy projects, but they can’t find the investment channel. Information asymmetry exists between
the investor and the renewable energy producer. For some middle and small size investors, even if they have
the channel to invest in renewable projects, they don’t have the ability to screen and evaluate the project.
Then for middle and small size investors, if they invest in renewable energy projects, they can only obtain the
return of the investment through using the electricity generated by the project or obtaining the currency of
the project location. Because of this limitation, the investors are normally concerned about whether or not
they can obtain the expected return on investment in the future. The limitation of geography and fiat currency
become the main obstacle to investing in renewable energy projects.
Third, because the electricity generation of renewable energy project is unpredictable and fluctuates from time
to time, it is difficult for power grid operator to balance the power generation and load when a large number
of renewable energy projects are connected to the grid. Inadequate experience in managing renewable energy
grid connections and lack of smart grid technology causes power utility companies a lot of issues to deal with.
EtainPower aims to solve the predicament and challenges of the global electric power system:
EtainPower is building up a blockchain based renewable energy trading platform. Through blockchain and
smart contract technology, EtainPower will tokenize the renewable energy revenue and help renewable energy
producer complete project financing. EtainPower will build a decentralized, fair and transparent financing
environment, reduce financing cost while improving efficiency for project financing, and therefore promote
the development of renewable energy.
EtainPower will build the effective channel for global investors to access and invest in renewable energy
projects, EtainPower will conduct due diligence to ensure project quality and the investor’s benefit. Project
investor can either change the energy token to the EtainPower token or electricity or use the energy token to
purchase various services within the EtainPower ecosystem.
Furthermore, EtainPower will make use of AI technology to optimize renewable energy grid connection, create
smart grid technology to ease the adoption of renewable energy, and enhance the elasticity of the power grid.
EtainPower puts ample effort on reforming the traditional centralized electric power sector, connecting
renewable energy producers, investors, consumers and power grid operators in the global range to build up a
totally new AI energy ecosystem driven by the blockchain.
EtainPower Features
Tokenized Renewable Energy Financing
Multiple Usage of Our Energy Token
Continuous Value Growth of EPR Token
Intelligent Power Utilities
Distribution
EPR DISTRIBUTION
ALLOCATION OF FUNDS
Roadmap
Q3, 2017
EtainPower officially started
Q2, 2018
Sign contract with Antigua power utilities
Q3, 2018
PPS Wallet 1.0
Finalizing auditing criterion for project financing
Q4, 2018
PPS Crowdfunding Platform.beta
600MW Energy projects contracts signed
Q1, 2019
Crowdfunding Platform 1.0
Q4, 2019
Raising capital for 4 GW projects
Q1, 2020
Releasing P2P trading applications
EV-rental & EV-Charging services
Q2, 2020
PPS 3.0 (Microgrid)
Smart grid development
Q4, 2020
Smart grid system 2.0
Rasising Capital for 16 GW projects
Team
Our founding team has extensive experience in the fields of renewable energy, blockchain and artificial intelligence. We combine blockchain and AI technologies and apply them to the global energy network with the goal to break the monopoly position of traditional energy giants and bring true decentralization to the smart energy ecosystem.
Steven Dong/ Founder & CEO
Fei Wang/ Co-founder & CTO
Ethan Wang/ Co-founder & Former CTO
Antonio Salvatore/ Director of Marketing (USA)
Kewen Chen/ VP of Engineering & AI-Grid
Jeffrey Zhang/ Lead Software Engineer
David Tschan/ Social Media Manager
Max Guo/ Software Engineer
Jasmin Adzic/ Software Engineer
Derrick Gu/ Director of BD & Marketing(Korea & Japan Market)
Lance Ma/ Business Development Manager
Santiago Ullal/ Social Media Manager
Advisors
Tom Kosnik, Ph.D.
Tony Hu, Ph.D.
Jijun Ye
Shuming Chen
FOR MORE INFORMATION PLEASE FOLLOW SOME LINKS BELOW:
Website : https://etainpower.io
ANN Thread : https://bitcointalk.org/index.php?topic=4314921
Twitter : https://twitter.com/EtainPower_io
Telegram : https://t.me/etainpower_en
Author: Wong linglong3
Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1229230
ETH Address: 0x29AF24D027E5A0A74427A2A4D5dDFe09803D5F93
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