If you have been following the latest cryptocurrency trends, chances are that you have noticed an explosive surge in the number of new coins and ICOs popping up. While displaying the immense potential of blockchain technology, it also brings with it a tiring medley of uncertainties and legitimacy concerns. I decided to make your life simpler, and all you must do is to satisfy this prerequisite:

Are you willing to contribute to the development of cutting-edge green technology and mint money while you're at it?

In this article, I’ll present my case on WePower (WPR) token, a currency that I believe is set to revolutionize green energy sector as we know it today!

What is WePower?

Let's watch a video!

WePower is a green energy trading platform that runs on a blockchain. WePower enables renewable energy producers to crowdfund capital in return for issuing tradeable energy tokens. These tokens, in the form of smart contracts, represent actual energy they commit to produce and deliver in the future (each WPR token representing 1 kilowatt hour of energy). Termed as energy tokenization, this facilitates green energy producers to sell energy directly to consumers as well as investors at below-market rates. Such rates are made possible owing to both the cheaper maintenance characteristic of blockchains versus a centralized database, as well as enhanced efficiency offered by smart contract elimination of intermediate agents or third parties.

Unlike venture capital or angel investment, raising capital on the WePower Platform is not debt or equity based. What this means is that WePower does not require energy producers to borrow capital or give up a stake in their company. In a world where new green energy producers find it increasingly difficult to raise sufficient capital, and the existing ones often marred with transparency concerns, WePower enables qualifying green energy ventures to raise sufficient seeding fund efficiently and transparently. This, in turn, would cause a tremendous increase in the production of renewable energy across the globe.

But Why!

By ushering in cutting-edge technology into a $2 trillion market, WePower would undoubtedly create waves in energy financing by facilitating access to capital for promising green energy projects and opening it to buyers and investors worldwide. Such global outreach coupled with massive hype and a strong community support is expected to ensure impressive market liquidity.

What makes WePower even more exciting is that owning WPR tokens entitles you with multiple choices. You may exchange your tokens for actual energy when it is produced, if the energy was purchased for a project in your home market. Yes! WePower guarantees to physically deliver energy to token holders based on the number of WPR held, once they begin operations in that market. Secondly, you may sell the tokens before the production of energy within the WePower platform to other users or trade them on listed exchanges. Thirdly, you can choose to automatically sell energy in the market once it is produced, and get paid in either fiat or cyptocurrency. This provides a guarantee for your investment, that the value of your energy tokens will never drop below the market cost of energy. Better yet, you can reinvest the received amount in WPR tokens, and reap great returns as we shall now see.

WPR tokens are designed such that they appreciate in value together with the expansion of WePower. This is because all green energy producers using WePower platform donate 0.9% of their tokenized energy to WePower investors. Hence, holding WPR tokens over any period of time will accrue dividends in the form of more tokens for the holders! Popular crypto analysts claim that WPR would moon anytime, thanks to this provision of passive income.

Moreover, WPR tokens give holders early access to participate in the energy token auctions, where energy can be bought for the best price as much as 24 hours before it is open to public. This generates additional market demand for the token owing to demand from large energy investors.

Credibility Backed by Strong Partnerships

One of the most important factors to check for while analyzing any cryptocurrency is the team behind it. Needless to say, WePower boasts of a team well-versed in the intricacies of the energy sector with a proven track record of over ten years. With Eyal Hertzog (founder of Bancor Protocol) being one of WePower’s blockchain advisors, WPR owners would also be able to convert their tokens to any other token in the Bancor Network.

WePower’s pioneering approach to producing and investing in green energy has already attracted strong partnerships. For instance, they have a struck a partnership with Elering, the leading Electricity Transmission System Operator in Estonia. Unsurprisingly, Estonia boasts of one of the most advanced smart energy grid systems today. Elering would enable WePower to test energy tokenization countrywide and prove their capability to trade energy in high volumes.

In another strategic step, WePower was chosen to join Startupbootcamp Energy Australia Accelerator (SBC). SBC is the second largest accelerator program on the planet, and the first to invest in an ICO. As part of the collaboration, WePower will be supported by some of the largest energy companies in Australia, among the likes of Energy Australia.

On January 16, at the EU Energy Day event in Abu Dhabi, WePower also announced partnership with 220 Energia, an electricity retailer operating across several European countries. Clarified by European Union, this alliance is planned to implement blockchain technology for financing energy projects and deliver tokenized energy from power plants to token holders.

LDJ Cayman Fund Ltd., an investment fund based serving ultra-high net worth individuals, had also announced in January that it has completed a seven-figure investment in the WePower ICO.

These integrations with energy infrastructure corporations, major governing agencies and influential fintech giants would certainly serve as a living testimony to WPR’s success in particular and the blockchain technology in general.

Tell me where to buy WPR already!

WPR tokens are listed on a major exchanges including IDEX, Binance, Huobi and KuCoin among others with promises to grace even more exchanges in the future. Personally, I recommend Binance (accessible here), as apart from being super-secure and trusted, it has the highest trading volume.

Wrapping Up

Undoubtedly, WePower has established an all-rounder platform for buying and selling a commodity that is indispensable to every single person on the planet – energy. Whether you are looking forward to opening your first investment in the ICO space, or a seasoned ICO cognoscente on the hunt for a secure, high-return investment, WePower might be a great choice. I have gone green, and can’t wait to see my green bills grow! Maybe, the current correction is an ideal time to get on the WePower bandwagon. It is the early bird that always gets the fattest worm!

For more information:

Visit WePower Website:
https://wepower.network/
Access the whitepaper:
https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c
Join WePower Telegram Group:
https://t.me/WePowerNetwork