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Green Energy Coin (GEC)

ICO

Last updated: May 27, 2019

GEC GreenEnergyCoin is a blockchain project focused on the energy sector of the global economy in the field of “Green Energy” – the production of electricity from renewable energy sources.

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Founded	Netherlands
Whitepaper	Open

Bounty program

What is Green Energy Coin

GEC GreenEnergyCoin is a product of the investment class blockchain. It is a derivative that uses both advanced financial and industrial technologies to produce and sell a product with high demand.

Such a product is electricity that is consumed and sold in the markets of countries that have a permanent deficit in the generated capacity and are dependent on its imports.

GEC GreenEnergyCoin is a blockchain project that combines investors who have decided to finance the construction of Solar Power Plants (SPP) by the crowdfunding model to get income from their usage. Decentralization should ensure the independence of the project, and eliminate negative factors of influence on the procesSPP of trade relations between electricity producers and its final consumers

Decentralized and direct investments in the GreenEnergyCoin project will be implemented through the purchase of GreenEnergyCoin tokens (hereinafter - GEC), produced on the basis of Ethereum blockchain, which could be easier exchanged on the existing crypto-exchange exchanges, or at fiat money.

GEC GreenEnergyCoin - offers the newest investment format, which will allow investors to easily, anonymously and safety finance the construction of solar power plants (SPP) around the world.

GEC will operate as an investment fund, constantly increasing the total capacity of manged solar power plants. This will be achieved by refinancing established SPP and construction of the new SPP.

GEC GreenEnergyCoin will raise funds through Initial Coin Offering (ICO) - a form of investment attraction in the form of sales to investors, issued by GreenEnergyCoin (GEC) own crypto currency (tokens), which will be provided with electricity at the rate of 1GEC = 1Kwh of electricity.

The GEC GreenEnergyCoin crypto currency (token) will be released on the basis of the block chain Ethereum, which can be easily exchanged on existing crypto-exchange exchanges, or at fiat money

Project objectives:

Creation of competitive and highly profitable enterpriSPP that will generate the electricity from the renewable sources.

Construction and commissioning of new solar power plants based on the introduction of innovative and advanced technologies.

Constant increase of the solar power plants capacity.

Electricity consumer’s demand satisfaction.

Details

Pre-sales: Oct 15, 2018 - Dec 15, 2018
Public sales: Jan 19, 2019 - Jun 30, 2019
Pre-sale token supply: 320,000,000 GEC
Token supply: 2,450,000,000 GEC
Soft cap: 320,000,000 GEC
Hard cap: 1,400,000,000 GEC

Legal

Blockchain Platform: Ethereum
Registration country: Netherlands

Office address: 11 C10, Stadionstraat, Breda 4815NC, Netherlands Green Energy Coin

Token info

Ticker: GEC
Type: Utility-token
Token standard: ERC20
Token price in EUR: 1 GEC = 0.1 EUR
Accepted currencies: ETH, BTC, Fiat
Bonus program:
1st day: 30% bonus
Week №1: 25% bonus
Week №2-3: 20% bonus
Week №4-7: 15% bonus
Week №8-14: 10% bonus
Week №15-30: 5% bonus
Token distribution:
6.5% - Tokens Presale (PreICO)
50.7% - Public Sale (ICO)
12% - Project Team
5% - Bonus Fund
15% - Stabilazed Fund
6% - Partners and Consultants
2% - Charity
2.8% - Bounty Program
Funds allocation:
61.2% - Equipment and materials (production and supply)
11% - Construction and installation work
6.4% - Project and budget documentations
6.4% - Connection to energy network
5% - Marketing and advertising
3.5% - Additional equipment and materials
3% - Legal services
2% - Other expenses
1.5% - Testing and test operation

Green Energy Coin Roadmap

04.2018

Decision-making on the creation of a project for the construction of network solar power plants (SPP) in various regions of the World. Development of the concept and business plan.

05.2018

Development of a legal and business model for the GreenEnergyCoin project (GEC) in different jurisdictions, in different regions of the World.

06.2018

Negotiation with all project participants.

Development of a model of partnership between project participants.

Decision on issuing its own crypto currency (token) - GreenEnergyCoin (abbreviated - CEG), in order to attract investments for the GreenEnergyCoin project.

Decision on the financial operator of the project and on the issuer of its own crypto currency (token) - GreenEnergyCoin (CEG).

Approval of the "Stichting OFEK Hi-Tech Investment Foundation", Breda, the Netherlands - the financial operator of the project and the issuer of crypto-currency (token) - GreenEnergyCoin (abbreviated - CEG).

07.2018

Team building. Team building. Technical audit of the GreenEnergyCoin project (GEC).

Definition of favorable regions of the World, for the construction of network solar power plants (SPP).

Decision on the construction of three (3) network solar power plants (SPP) in Croatia, with a total capacity of 116 MW per hour:

Solar power plant - "South Adriatic-I": 15 MW / h,

Solar power plant - "North Adriatic-I" : 35 MW / h,

Solar power plant - "South Adriatic-II": 100 MW / h.

Technical and financial audit of the GreenEnergyCoin project (GEC).

Involvement of consultants and legal consultations with authorities in Croatia on conditions and requirements for the construction of three (3) network solar power plants (SPP) in Croatia, with a total capacity of 150 MW per hour

08.2018

Start the development of a business project for the construction of three (3) network solar power plants (SPP) in Croatia, with a total capacity of 150 MW per hour.

Completion of the development of a business project for the construction of three (3) network solar power plants (SPP) in Croatia, with a total capacity of 150 MW per hour. Technical audit of the GreenEnergyCoin project (GEC),

09.2018

Preparation for pre-sale - PreICO tokens GreenEnergyCoin (GEC).

Marketing program in preparation for presale - PreICO of GreenEnergyCoin (GEC) tokens.

Continuation of consultations with authorities in Croatia on conditions and requirements for the construction of three (3) solar network power plants (SPP) in Croatia, with a total capacity of 150 MW per hour.

Consultations and negotiations with potential producers and suppliers of equipment and components necessary for the construction of three (3) network solar power stations (SPP) in Croatia, with a total capacity of 150 MW per hour, as part of the GreenEnergyCoin project (GEC).

10.2018

Start presale - PreICO of GreenEnergyCoin (GEC) tokens.

11.2018

Continuation of presale - PreICO GreenEnergyCoin (GEC) tokens.

Negotiations for manufacturers and suppliers for the supply of equipment and components required for the construction of three (3) grid-fired solar power plants (SPP) in Croatia, with a total capacity of 150 MW per hour, as part of the Green Energy Coin Project (GEC).

12.2018

End of PreICO of GreenEnergyCoin (GEC) tokens.

The planned receipt of investments from pre-sale - PreICO GreenEnergyCoin (GEC) tokens in the amount of sixteen (16) million EUR.

Start preparation of sales organization - ICO tokens GreenEnergyCoin (GEC).

Beginning of construction and installation works for the first grid of a solar power plant (SPP ): "South Adriatic-I", 15 MW / h.

01.2019 – 06.2019

Conduct a public sale - ICO tokens GreenEnergyCoin (GEC).

Carrying out activities to obtain a concession of land for the construction of solar power plants.

Listing of GreenEnergyCoin (GEC) tokens on cryptocurrancy exchanges.

07. 2019 – 08.2019

Listing of GreenEnergyCoin (GEC) tokens on cryptocurrancy exchanges.

Obtained in the concession of land for the construction of solar power plants.

08.2019 – 12.2019

Carrying out expert, design and exploration work in preparation for the start of construction of solar power plants. The total capacity of 150 MW : "South Adriatic-I", 15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h.

Supply of technological equipment for the start of construction of solar power plants. The total capacity of 150 MW : "South Adriatic-I", 15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h.

Supply of additional equipment necessary for the construction of network solar power plants (SPP): "South Adriatic-I", 15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h, in the framework of the GreenEnergyCoin project (GEC).

01.2020 – 06.2020

Start of construction of solar power plants. The total capacity of 150 MW : "South Adriatic-I", 15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h.

Construction, installation and commissioning of solar power plants: South Adriatic-I", 15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h.

Connection of of solar power plants: South Adriatic-I",

15 MW / h, "South Adriatic-II", 100 MW / h and "North Adriatic-I", 35 MW / h to the Croatian energy networks.

Launch of networked solar power plants: South Adriatic-I", 15 MW / h, "South Adriatic-II",

100 MW / h and "North Adriatic-I", 35 MW / h in test mode

07.2019

Starting from 01.07.2019, all three (3) grid solar power plants "South Adriatic-II", 100 MW / h, "North Adriatic-I", 35 MW / h, and "South Adriatic-I", 15 MW / h are fully commissioned and areunder full operation with using full production capacity.