VenusEnergy (VENUS)

The VenusEnergy team seeks to propagate the use of renewable energy sources in daily activities.

Whitepaper

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Interest lvl

NA

Updated: Jun 15, 2019

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Highest

5/5 • 3 votes

Ticker

VENUS

Type

Utility-token

FoundedEstonia

What is VenusEnergy

The VenusEnergy ICO goal is to allocate the collected money for researches of how to increase the effeciency of plants capable of generating electricity from renewable energy sources. For the ICO-raised funds, the RnD projects aimed at optimizing the application of renewable energy sources in daily activities, which is increasing the efficiency of solar collectors and making wind energy more available for everyone, will be drafted.

The second goal is to allocate the ICO-collected money for generating energy from renewable energy sources, i.e. mounting solar collectors and wind power plants, which generate electricity to be provided to the people engaged in blockchain network computations. This also includes the creation of energy sharing and mining platforms.

Well then, what kind of benefits, will the VenusEnergy investors receive? VENUS token holders would receive energy produced from renewable energy sources; they would also receive mining platform capacities. It means that the VenusEnergy holders will be able to buy mining power in VenusEnergy platform much cheaper than it will cost using other currencies. The discount for VENUS token holders may be between 20% and 30%.

Also, the VENUS currency is expected to be included into the currency exchanges and the virtual VENUS currency holders will be able to earn from fall and increase in currency exchange rate, applying day trading methods.

This is how we will contribute to the solution of the global warming problem starting from ourselves. We hope this good practice will be echoed in the other mining platforms and other spheres of life as well.

Based on the current ICO popularity, the funds expected to be collected will be raised during 6 months. After the VenusEnergy currency hits the currency exchange, its sale would contribute to collecting the outstanding amount needed to start up the project. It is expected to launch the project in the fourth quarter of 2019.