Voltreum — On a mission to accelerate the transition to a borderless and decentralized energy ecosystem.
What is Voltreum?
Voltreum, an India-based blockchain startup, is ready to launch Volt-X, the first peer-to-peer (P2P) energy trading application. The company believes its energy-saving solution will give consumers trading autonomy by connecting renewable-energy grids with the community and central grids. Volt-X reduces people’s reliance on fossil fuel-based traditional grids. It increases transmission efficiency, ensures fair prices, and helps the planet “breathe.” Simply put, the platform uses advanced technologies, like the blockchain, to fight climate change and help build the future of the renewable energy trading economy.
Voltreum’s solution for the current energy challenges is Volt-X — a blockchain-based, peer-to-peer (P2P) platform for transparent energy trading across power grids, including smart microgrids and localized distribution networks. Volt-X focuses on fair pricing, and with Voltreum’s cryptocurrency, VOLT seeks to enable producers and consumers to transact renewable energy seamlessly.
Voltreum Energy Trading Platform
Voltreum provides a decentralized solution for smart microgrids and enables various entities to trade energy easily and on-demand. It also gamifies the bi-directional trading process to motivate prosumers to save energy and money. The Volt-X application and VOLT hold the key to true borderless and decentralized energy trading between smart grid-enabled individuals, companies, neighborhoods, and even countries. With Volt-X, energy exchange won’t be limited by geographical borders. The solution can be rolled out globally with zero dependencies on geographical location or geography-limited factors. It will allow energy-deficit entities to efficiently meet their requirements and energysurplus entities to monetize their excess energy and avoid wastage.
Voltreum A Peer-to-Peer Energy Trading System
Voltreum’s Volt-X is a new peer-to-peer energy trading system that enables users to buy and sell energy within their local communities. With Voltreum, people may exchange energy on the network in real time, enabling buyers to purchase power at optimal terms. The mix between localized distribution and microgrids will represent the core of this project. This platform will allow users to optimize their energy trading and exchanges efficiently.
“Volt-X,” as their founders labeled the application, will enable people to use local energy resources efficiently. The technology can help everyone create value and reduce their total electricity costs. At the same time, it will ensure that producers get paid competitively for the energy they generate. Solar panels, wind farms, hydro plants, and other renewable energy sources will directly connect to the Volt-X platform. This will allow users to purchase electricity from various sources at competitive prices.
What makes Voltreum future leaders?
Voltreum efficient solution brings energy-saving and trading autonomy by connecting your renewable-energy grid with community and central grids.
Voltreum blockchain-based platform promises efficiency in transmission, guarantees fair prices, and above all reduces dependency on traditional grids based on fossil fuels — helping our planet breathe.
Who will benefit from Voltreum
Utility companies
Compliance with Renewable Purchase Obligations (RPOs).
Reduce carbon emissions and achieve carbon neutrality.
Reduce transmission and distribution (T&D) losses.
Expand capacity utilization without major/new infrastructure investments.
Energy arbitrage through peak/off-peak demand management.
Commercial & Industrial (C&I) consumers
Lower energy costs.
Lower burden of high tariffs for cross-subsidization.
Opportunities to sell excess energy to other C&Is or residential units.
Residential units
Lower energy costs.
Better control over energy expenditures.
Direct energy purchases from C&Is or other residential.
Less dependence on the tariffs and energy controls implemented by
private/state-owned utility companies.
How Voltreum Revolutionizes Renewable Energy Markets for Producers and Consumers
Volt-X speeds up energy trading on smart and other power grids and brings greater convenience, trust, and cost savings with each transaction and for both parties involved in the trade. As it removes geographical boundaries, all entities can participate in trading energy to meet their needs. Over time, Voltreum will make it easy to connect multiple microgrids into progressively larger grids. We are leading a global mission to clamp greenhouse gas emissions by helping build large grids that generate clean energy and facilitate seamless intra- and inter-country energy exchange.
Since the traded energy is renewable, it will enable the world to move away from fossil fuels to accelerate the global transition to cleaner, greener energy. This transformation in generation, transmission and consumption patterns will bolster the fight against global warming and climate change. By gamifying the trading process, Voltreum will motivate consumers and prosumers to save energy. They will be active elements in the energy exchange program and earn great rewards if they generate (and sell) excess power or consume less. As more microgrids connect via Voltreum, neighborhoods, towns, cities, and entire countries can become energy self-sufficient.
Voltreum Revenue Model
Voltreum’s revenue model is based on multiple revenue streams:
Technology
Solution roll-out in markets; partnerships with utility companies.
Commissions from every energy transaction.
Recurring maintenance charges for software updates, patch updates, etc.
Advisory
Advisory/consulting services offered to government agencies to guide
them toward digital transformation.
Other revenue streams
Machine NFT sale.
Participation fee for energy trade summits held in the metaverse.
The VOLT Token
The Voltreum-enabled microgrids rely on the VOLT cryptocurrency to support the energy exchange across the Ethereum blockchain. Prosumers can trade surplus RE to other consumers at a mutually agreed price in VOLT. Next, blockchain-based smart contracts ensure the transparency and security of every transaction. As a result, all Volt-X participants can engage in trustworthy energy trading free of data manipulation. The VOLT token will have a maximum token supply of 1,400,000,000, with 3% of it available for seed sale.
Token info
Ticker: VOLT
Type: Utility-token
Token standard: BEP-20
Token price in USD: 1 VOLT = 0.02 USD
Accepted currencies: BSC, USDT
Token distribution:
Seed — 3.57%
Private Rounds — 7.14%
IDO — 0.40%
Dex Liquidity — 6.74%
Company Reserves — 17.86%
Airdrops — 0.71%
Treasury — 4.29%
MKT — 8.57%
RnD — 3.57%
Legal — 1.43%
Team — 7.14%
Partnerships — 2.86%
Staking — 17.86%
In-platformrewards — 17.86%
Voltreum Tokenomics
Voltreum Roadmap
Q3 2021 Q4 2021 Q2 2022 Completed
Due diligence
• Deep dive analysis of the Energy market
• Study of the current energy requirements/forecast for the next decade
• Study of the problems with the current state of the energy market, challenges with
global energy generation, transmission and distribution
• Study of the problems faced by gencos, transcos and discoms
• Evaluation of country wise energy market regulations
• Articulating the problem statement
• Competitor analysis — Including software and hardware players across the globe
• Evaluation of key feature offerings by each player in the field
• GAP assessment / SWOT analysis
Q4 2021 Completed
Core team formation
• Identifying and interviewing subject matter experts from the industry
• Shortlisting and rolling out of contracts/NDAs with selected members
Q2 2022 Completed
Project planning
• Formulating the scope of work (SoW) document to cover the proof of concept testing
and final state system development
• Creating the work breakdown structure and timelines for tasks related to the power
syste design, technology development, marketing, sales, and partnerships
• Identifying the stakeholder management plan and RACI matrix
• Formulating key project milestones with clearly defined timelines
• Financial projections required throughout the project lifecycle
Q3 2022 In progress
Proof of concept / Minimum viable product development
• Drafting of physical line diagrams and load profiles for the PoC
• Evaluation of the various load profiles as per electric standards
• Drafing of test cases based on variations in generation andusage considering
differential loads
• Procurement of smart meters and power/load equipments for the PoC
• Development of a broker service for establishing communication with various smart
meters (GSM, PLC, Modbus, Radio frequency mesh, SCADA)
• Development of Voltreum Core Processing (VCP) engine and backend logic for
recording transactions on the blockchain system
• Smart contract deployment on the testnet server
• Fine-tuning the VCP engine logic with an aim to develop a robust and resilient core
• Security audit of the VCP engine
• Deriving key metrics and associated costs for the end to end transaction to develop
the business case and financial projections
• Business case creation
Q3 2022 In progress
UI/UX development
• Finalizing a list of top features/parameters in line with feedback from key stakeholders
(Discoms, Govt agencies, End users)
• User access management in line with significant data security and compliance
standards
• Mobile app and web interface UI and UX design
Q3 2022 Scheduled
Go to market / Whitepaper launch
• Setting up of social media channels
• Roll-out of community management services to build brand awareness
• Whitepaper launch
• Creation of marketing collateral and business pitch
• Website launch
Q4 2022 Scheduled
Seed sale
• Secure funding through a seed sale
Q1 2023 Scheduled
Private sale
• Secure funding through a private sale
Q1 2023 Scheduled
IDO
• Official listing on a decentralized exchange
Q1 2023 Scheduled
Strategic partnerships for pilot testing
• PAN India expansion
• Documenting key lessons learnt
• Optimizing the application based on lessons learnt
Q4 2023 Scheduled
Global ramp-up
• Global expansion in various markets
Conclusion
Energy shortages and climate change are two of the most urgent problems currently affecting the planet. As the scale of urbanization, globalization, and digitization increases, the world’s 7 billion+ denizens need reliable and ongoing access to energy. Without this energy, life as we know it will come to a standstill. Equally important, this energy needs to be clean and renewable — capable of supporting human life without stressing the planet’s ecological health or environmental sustainability
There’s already a concerted global effort to increase energy generation and match supply to demand. And fortunately for the planet (and for us!), more and more countries are looking to move away from polluting fossil fuels and towards cleaner, greener renewable energy (RE) sources. Now, we need a mechanism to increase the availability and penetration of this energy to match the energy needs of the human race while also protecting the natural world.
Energy trading via a peer-to-peer network is one such mechanism. P2P energy trading has the potential to deliver all the life-sustaining, planet-nurturing benefits of RE. Through its democratic, borderless, and transparent trading mechanism, all kinds of energy prosumers and consumers can effectively fulfill their energy needs while also wholeheartedly participating in the RE revolution
And this idea is no longer a pipe dream because Voltreum brings the mechanism to life. Through the Volt-X energy trading platform, VOLT cryptocurrency, and powerful applications to trade energy certificates and procure green attributes, we are leading the charge to increase RE penetration and create a more sustainable future for Planet Earth.
For More Details Information:
Website; https://voltreum.com/
Whitepaper: https://voltreum.com/wp-content/uploads/2023/01/Voltreum-Whitepaper.pdf
Twitter: https://twitter.com/voltreum
Telegram Group: https://t.me/voltreum_official
Medium: https://medium.com/@voltreum
LinkedIn: https://www.linkedin.com/company/voltreum/
Author:
Bitcointalk username: Davin88
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2005844
Telegram username: @davin
Participating Campaigns: Article
BSC address: 0x0E12847D7400E1044E4E60B721Af92D32e672A5e