TERRAGREEN – THE BLOCKCHAIN BASED PLATFORM FOR CONVERTING WASTES INTO USEFUL ENERGY.

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Day in day out, we produce a lot of wastes in homes, offices and industries. However, haphazard dumping of these refuses has led to chocked gutters and filthy environments, especially in developing countries. The first law of thermodynamics which states that “energy can neither be creator nor destroyed” is a very popular law that most people are aware of. The law points it out clearly that, energy is renewable and no amount of energy get lost in a closed system. We can make good use of these wastes. Instead of dumping them haphazardly, they can be renewed to produce other forms of valuable energy such as electrical, light, sound, etc. By so doing, we will be killing two birds with a single stone; removing dirt from the streets and making profit from these unwanted goods.

Unfortunately, the technological knowhow and financial constraint have been the major stumbling blocks hindering the success of this innovation. This is the reason why TerraGreen has come. TerraGreen platform is a blockchain based renewable energy trading platform which is envisioned to promote the creation of renewable energy generating facilities all over the world. The platform is going to serve as a connection between the biomass suppliers, renewable energy technology developers, power producers and investors so that they can come together and combine ideas and resources to make the renewal of energy a success. The application of the blockchain technology is going to ensure the elimination of middlemen in every step of the processes; from the supply of raw materials till it reaches the consumer. Because of the unique regulatory framework provided by most of the South East Asian Nations, the TerraGreen renewable energy business case is going to begin from there before extending to other parts of the world.

TerraGreen team is not new in the industry, the founders of this project have been in the field of renewable energy for many years and have caused remarkable improvement in the industry during this period. They have already secured several renewable energy producers whose combined power generation is even more than 100MWe biomass power plants.

The TGN tokens are going to be the official currency on the TerraGreen platform. Users on the TerraGreen platform are going to be rewarded with TGN coins for performing specified activities to serve as motivation. The good news is that, holders of the TGN coins are going to receive dividends on the income generated from activities on the platform depending on the amount of TGN tokens the user is holding.

DISTRIBUTION OF TOKENS