Introduction
One of the major problems the world is facing today is the increasing demand for energy which is forcing countries to adopt methods that’s not environmentally safe in sourcing energy such as fossil burning.
With increasing industrialization and accelerated growth in human population, the demand for global energy cannot keep up with the supply of energy. The traditional means of generating energy usually from hydroelectric dams is no longer sufficient to run the many industries we have, as such, the need to explore other options such as wind farms, solar panels and Waste-to-Energy.
Blockchain technology came recently and also threw her weight in increasing the demand for global energy supply as the token used on most of these blockchain platforms require huge amount of energy in mining it. This is what has prompted companies like WPP Energy to look at viable ways of increasing the energy supply without jeopardizing the concerns for environmental safety.
What is WPP Energy?
WPP Energy comprises a group of companies coming together to undertake energy projects from all parts of the globe. It is a joint venture whose aim is to produce “Green Power”, energy that does not cost the earth.
WPP Energy primarily focuses on using alternative energy source to attract investors alongside their conventional project finance to obtain funds for joint venture together with other companies for executing energy projects all over the world.
The options explored by WPP Energy includes energy from Municipal solid waste, wind power, solar energy and other established sources that is financially viable as an investment. WPP focuses on developing and under-developed countries and seeks to tackle their housing and energy challenges by using the most sophisticated technologies around the world available.
To further help the countries alleviate their problems, a fraction of the WPP tokens is used in sponsoring the needs of the countries. The two digital platform for WPP Energy are Global Green Energy Platform and WPP Exchange Platform. The whole idea is to reduce the cost of energy supply to institutions and private consumers who need green energy at conventional prices.
The WPP Exchange Platform on the other hand brings together the energy suppliers and cryptocurrency miners to synergies blockchain technology and renewable energies.
The Global Green Energy Platform
The WPP Energy platform is designed to lower the cost of green energy all over the world by using WPP technology and other collaborations with other energy suppliers.
WPP Exchange Platform
This platform will be launched shortly with an emphasis on selling energy using cryptocurrencies and mining of cryptocurrency with digital tokens. This, it is hoped, will lead to more liquidity for every cryptocurrencies that are involved and they can be traded against themselves. WPP Energy platform supports up to 20 different energy-related cryptocurrencies sellable on the platform.
WPP Power Station
The WPP Power Station is an energy box produced by WPP energy loaded with capabilities of generating up to 1Megawatt-hr of energy from water supply. It is a safe, noiseless and compact box that generates electricity on a low cost. The power supply is flexible and can be expanded to generate as much as 5.8 Megawatt of electricity.
WPP Tokens
The WPP Energy token an Ethereum-based ERC20 standard type token which is used for trading energy on the WPP Energy platform. The total token supplied is 5 billion while the private sales price is $0.16.
50% of the token will be available for public sale which will commence in 20th September, 2018 and end in 20th December, 2018.
Conclusion
The blockchain technology is taking over most industries and this calls for mining cryptocurrencies which consumes a lot of energy. Traditional means of supplying energy is not sufficient to cater for the domestic and industrial needs talk less of adding crypto mining to it. WPP Energy comes with a solution of alternative energy supply through various means, majorly hydroelectricity. The supply of energy is therefore tokenized and cheaper for all to use.
THE TEAM
PARTNERSHIPS
For more insightful information about this project, click any of the links below.
Website: https://wppenergy.io//
Whitepaper: https://wppenergy.io/pdf/Whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=4449273.0
Telegram: https://t.me/WPPEnergy
Twitter: https://twitter.com/wppenergycoin
Facebook: https://www.facebook.com/WPP-Energy-575263249486648
Youtube: https://www.youtube.com/channel/UCXWicQvqXSCfTLf8R-Tf8uw/featured?view_as=subscriber
Writer: Cryptoqueenkim
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1380200