Overview
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What is FRED Energy
Project Energise will focus on Electric Vehicle (EV) charging stations. Building on Project Accelerate, we aim to increase the number of charging stations where there is a demand now and for the future.
Implementation will initially look towards Asia with further plans to target the emerging EV markets in the EU and UK. EV charging stations that are strategically sited can become community hubs benefiting other service providers and the public offering great long-term prospects. The community hub model would provide a central base and include a larger number of charge points enabling top-ups between jobs.
Charging stations will be part ownership or fully owned by the FRED Project and use an app based PAYG scheme with the aim to facilitate payments in local currency, and usage of FRED Energy Tokens.
After reaching ROI, income from charging stations will then be used to expand the charging network into other niche areas and used to fund further projects.
EV charging stations bring further possibilities of partnering with other blockchain platforms that offer peer-to-peer (P2P) renewable energy trading. The global electric vehicle infrastructure market is forecast to be worth $63 billion by 2025 (GVR, 2019) and FRED Energy is looking to be part of this new ecosystem.
DetailsPublic sales: Jun 29, 2019 - May 29, 2020IEO (Finexbox Launchpad): Sep 01, 2019 - Sep 30, 2019 Token supply: 808,000,000 FRED Total tokens for sale: 460,560,000 FRED Soft cap: 120,000 USD Hard cap: 2,300,000 USD LegalBlockchain Platform: StellarCountry limitations: China, USA, North Korea Registration country: United Kingdom Office address: 27, Old Gloucester Street, LONDON | Token infoTicker: FREDToken standard: ERC20 Token price in USD: 1 FRED = 0.01 USD Accepted currencies: XLM, ETH, BTC, LTC, BCH, TRX, XRP, BNB Token distribution: 57% - Token Sales 6% - Coin to Token Swap 14% - Project Reserve 5% - Marketing 3% - Partners 6% - Founder 6% - Team 3% - Advisors Funds allocation: Online Marketplace - 10% Product Development - 20% Marketing - 10% Project Accelerate & Energise - 35% Funding Research into energy Devices - 20% Legal & Company Fees - 5% |
FRED Energy Roadmap
Own Blockchain Launched based on Turtlecoin code
Old FRED Energy Coin blockchain made redundant
Token Sales start, Company Formation and legal requirements completed
Create partnerships, Continue development of compact solar energy device
Online marketplace goes live. Review innovator partnerships, continue development of marketplace
Project review, Implement project Accelerate. Explore new developments (EV charging, Small solar farms)
Explore and select innovations suitable for project funding (FRED). Review exchange listings and markets
Project team
Advisors
Social media
MVP
