About PowerLedger
The Power Ledger Platform is the Ecosystem that enables interoperability between diverse market management/pricing mechanisms and units of electricity (kWh) by way of pre-purchased tokens.
The Power Ledger Platform provides a transparent governance framework that allows the Ecosystem to seamlessly interface with energy markets around the globe, bringing innovation and a wide range of network benefits to consumers.
This approach means the Ecosystem is adaptable and scalable for applications within any existing or future regulatory environment, achieving the dynamic agility required to adapt to any number of regulatory structures. This dynamic agility, allows a redefinition of where Application Hosts (utilities, retailers, property managers, etc.) and customers (users) are positioned in the Ecosystem and who has market power in any transactive arrangement.
The market flexibility of the Ecosystem is facilitated by deployment of a dual token Ecosystem (POWR and Sparkz) operating throughout its two blockchain layers.
- POWR tokens are the frictionless blockchain tokens that allow Application Hosts and Participants access to and use of the Platform (like a limited software licensing permission).
POWR tokens help to facilitate low cost and better returns on electricity. They interact with the Ecosystem through:
- Providing governance and consumer protection through Smart Bond technology
- Facilitating access to use the Platform
- Providing loyalty rewards to Participants
- Contributing and connecting with renewable energy charities and organizations
- Providing access priority to Asset Germination Events and benefits from an asset’s ‘POWR’ generation
- Sparkz tokens are issued against escrowed POWR tokens, via a Smart Bond, and used by the Application Host to onboard its customers
Application Hosts are entities and businesses that run an Application on the Platform. For example, a utility company using the Platform will be an Application Host, as is an EV-charging services business. A Decentralized Autonomous Organization can also become an Application Host
The key classes of Platform Applications developed by Power Ledger are listed below, with some already operational, and others in advanced conceptual design or in development
- P2P TRADING
- NEO-RETAILER
- MICROGRID/EMBEDDED NETWORK OPERATOR/STRATA
- WHOLESALE MARKET SETTLEMENT
- AUTONOMOUS ASSET (AA) MANAGMENT
- DISTRIBUTED MARKET MANAGEMENT
- ELECTRIC VEHICLES
- POWER PORT
- CARBON TRADING
- TRANSMISSION EXCHANGE
MORE DETAIL DOWNLOAD WHITEPAPER
Timeline
PowerLedger Crowdfunding
AUD $17 000 000 Raised in Pre-Sale!
There will be no minimum raise amount set. All 140,000,000 tokens will be issued following the close of the Token Sale regardless of the amount contributed. All purchases of POWR tokens are non-refundable.
Payment accepted for the Main Sale Event will include Ether, Bitcoin and Litecoin. Payment will be received at https://tge.powerledger.io and at no other domains or portals. Power Ledger may liquidate or hedge the cryptocurrencies received, once they are released from escrow for tax and price volatility reasons.ICO CLOSE ndate 6.OCT 2017
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