Hi my, distinguish readers, the complement of the day. It’s my pleasure to introduce you to the EcoWatt project. But before I start, kindly tune down the volume of your Television set, to avoid unnecessary distraction while reading this article. Thank you.
WHAT IS ECOWATT?
EcoWatt is a community-driven, ecological and social-minded clean energy project that was developed to disrupt the alternative power market in Europe and the global energy market through its native token ECW.
The project through its platform is providing its ecosystem easy access to electricity markets in Europe, create an investment opportunity for investors to invest in alternative power source assets, and also enable P2P trading of energy.
HOW DOES IT WORK?
EcoWatt, through its platform and its token ECW, will make electricity easily accessible for members of its community, it will also provide them with opportunities to invest in renewable energy assets and infrastructures.
The ECW will be an asset-supported token, backed by many physical and digital assets that will increase its value as the assets based value increases. The value of ECW will grow rapidly as much as the based assets generated revenue for investors, support for this ECW will increase too.
EcoWatt gives more power to members of its community, it rewards them for all their activities on the platform. EcoWatt directly or indirectly invested in projects impacted more on social issues in particular and ecological issues at large.
ECOWATT ADVANTAGES
Decentralization: Leveraging blockchain technology, all Ecowatt activities are going to be decentralized. There won’t be any single entity or central control of the project, Ecowatt has recognized its community as a key factor in decision making, so gives more power to its community.
Secure Transactions: All transaction that will be executed on EcoWatt platform via it native token ECW will be highly secured. Transactions via ECW must be verified and confirmed by a group of miners before adding to the chain of blocks. Transactions are immutable and can’t be manipulated by anybody.
Fast Transactions: Transactions via ECW are completed within a twinkle of an eye. Thousands of transactions can be completed within a minute. This is extremely fast when compared to other coins/tokens.
Cheap Transactions fees: Since the project was developed on a Matic network, bridging Etheruem blockchain, transactions are very cheap. It wasn’t built on the Etheruem network directly, transactions on Matic Network are extremely cheap and fast.
WHY WOULD YOU INVEST IN ECOWATT TOKEN?
The ECW is the first of its kind in the energy sector to be supported by income-generating green energy assets. All of these will makes ECW attractive to alternative power investors and users, the more ECW gain popularity in the power sector, the fast it grows and its value rise. ECW holders and stakers quarterly received rewards generated for holding and staking their ECWs.
ECW holders can apply for low-interest fiat loans using their ECW as collateral, also projects that offer social and ecological related services can be benefited from the loans too.
TEAM
CONCLUSION
My love for this project was born out of the care I have for nature. I believed that EcoWatt is one of the few energy projects who have not only a practical idea that can change the world for the better but also many other benefits available even at the initial stage of its development.
EcoWatt platform features leave no doubt that the project is just necessary for the modern community.
Official Resources
Website : https://ecowatt.io/
Facebook : https://www.facebook.com/EcoWatt-110305757909105
Twitter : https://twitter.com/Ecowatt_
Reddit : https://www.reddit.com/r/EcoWatt/
Telegram : https://t.me/ecowatt
Telegram Bounty : https://t.me/EcoWattBounty
Telegram SoficoBounty : https://t.me/SoficoBounty
Author
Bitcointalk Username:Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Wallet address: 0x9c7bc4c6ee21074c2F4471F8C80a8BeaeF91212C