WePower

WePower

Green energy trading platform

Website

WePower is launching blockchain and smart contracts powered green energy trading platform where everyone can buy, trade or invest in tokenised green energy.


About WePower

SPECIAL ANNOUNCEMENT

WePower has made history already! Startup is now backed by StartupBootcamp.

StartupBootcamp is the biggest global startups accelerator with programs in major startup hubs including London, New York, Singapore, Berlin, Amsterdam, and many others. It provides both a global reach and industry-focus to its portfolio companies.

WePower is accepted to the Energy program which marks the significant recognition of startups's technological achievements in using the blockchain to revolutionise the energy markets.

STBC Energy program is supported by the major energy companies like Energy Australia and Spotless. Multi billion worth companies will help WePower to scale in Australia.

PROJECT DESCRIPTION

WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.

The technology team is led by Kaspar Kaarlep, former CTO of Elektrilevi, he and his team are the ones who built the Estonian Smart Grid infrastructure over the past 10 years. The team that Kaspar assembled for WePower has vast experience in building information systems in the energy space. Given their experience working directly with and for utilities, this team is uniquely placed to be able to intimately understand the challenges presented by today's changing energy landscape and how specific technologies are impacting it.

WePower is currently launching a pilot project with Elering, Estonian transmission system operator, with the goal of building a proof-of-concept for recording a nation-state scale of consumption and production data on the ethereum blockchain. This will be a first of its kind enabling the global blockchain powered energy market to take its first steps towards reality. WePower is leveraging Estonia's existing advanced smart grid, particularly the 100% smart meter coverage with hourly reading and a central data hub with a data exchange layer for transparent 3rd party access. These are the ideal technical conditions to test the true scalability for our technology.

By partnering with WePower, utilities can begin exploring the following examples that currently don't exist:

  • Enabling new consumer experiences through energy data stored on the blockchain.
  • Exploring the utility as a data broker business model at scale. For example, a GDPR compliant, customer-controlled, data exchange layer that reinforces the relationship between the utility and its customer by giving the better ownership tools for their own data.
  • Helping integrate renewable energy providers into the smart grid better and helping facilitate the creation of grid level energy clusters.

Associated agencies

AmaZix's logo
AmaZix

Community Management for Crypto Projects

The Team

Nikolaj Martyniuk

Co-Founder, Energy

Artūras Asakavičius

Co-Founder, Investments

Kaspar Kaarlep

CTO, energy

Jon Matonis

Blockchain advisor

Steven Meersman

Energy markets

Heikki Kolk Energy

IOT Expert

Nimrod Lehavi

Payments

Gytis Labašauskas

Digital performance and user acquisition

Rene Fischer

Brand strategy

Dr. Tadas Jucikas

Data Scientist

Mantas Aleksiejevas

Marketing and sales

Lukas Kairys

Smart contracts consultant

Aukse Siaudzionyte

Content and social media manager

Vytautas Alkimavičius

Senior software engineer

Liraz Siri

Security expert

Eyal Hertzog

Blockchain advisor

Aaron Bichler

Investments

Darius Rugevicius

Investments

David Allen Cohen

Energy

Trevor Townsend

Head of StartupBootcamp Energy program

Financials

Token Info

Price in ICO
0.13 USD
Average price
0.14 USD
ROI
7.69%
Tokens for sale
80,000,000

Investment Info

Distributed in ICO
~10%

Related ICOs

Name Status Start Date End Date Total Supply Category Listing
Parkres
Active
August 15th November 30th 85,000,000 Platform
Basic
Terawatt
Active
August 15th October 28th 65,000,000 Smart Contract
Basic
EyeGlob.Net
Upcoming
November 9th December 28th 4600000000 Software
Basic
VenusEnergy
Active
May 1st December 31st N/A Energy
Basic
SocialGood
Active
April 23rd December 23rd 5,304,000 Art
Basic
Cointify
Active
March 1st January 31st 20,000,000 Banking
Gold
BUILDCoin
Active
January 3rd January 3rd 100,000,000 Platform
Basic
Assetbase Foundation
Active
March 1st January 1st 5,000,000 Banking
Basic
Pallium
Active
August 1st May 31st 220,000,000 Artificial Intelligence
Basic
Crowd Machine
Active
April 28th May 22nd 2,000,000,000 Platform
Basic