Rowan Energy Blockchain logo
WebsiteLatoken Launchpad

Rowan Energy Blockchain (RWN)

ICO
IEO
Upcoming
Token sale: Oct 01, 2020 – Oct 31, 2020

We want to turn the energy market on its head, with a blockchain-driven decentralized energy community. We will achieve this whilst at the same time encouraging people to buy green energy and also have solar installed to produce their own green energy. Using our custom-built Proof of Authority (POA) blockchain our members will be able to trade their electricity with other consumers peer to peer and in almost real-time. Our Rowan Token will be used as a means of exchange for users buying and selling electricity and business buying our renewable energy certificates.

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Overview

Project industryEnergy & Utilities
Product typeCryptocurrency
FoundedUnited Kingdom

What is Rowan Energy Blockchain

THE VISION

Our blockchain holds the key to moving away from shareholder driven energy providers and allowing everyday people the opportunity to take responsibility for their own energy consumption. Our platform enables owners of rooop solar to sell their energy to other consumers peer to peer. Not only increasing rewards for generating your own energy but speeding up the payment terms to almost instant.

Imagine this if you will. You have solar panels on your roof and they are fitted with a battery and a small low powered Rowan Miner. You produce electricity, you use some and the rest is stored in your battery. Excess energy is then fed onto the grid when the demand is high. Your fed energy is bought by your neighbour and paid for using tokens directly into your wallet. That token can then be used towards your energy bill, it can be held for future growth or sold on a public exchange – instantly. The token can even be donated to your favourite charity if you so wish. The consumer of your energy can look at their dashboard and see where the energy they are using is being produced how it’s being produced. Everyone in this vision also gets rewards for validating the transactions using their Rowan Miner.

Rowan Blockchain

Our custom-built blockchain is its stand-alone blockchain, complete with block explorer, miners wallets and our RWN token. All transactions on our blockchain use RWN for transaction fees. The Rowan Energy Blockchain is a Proof of Authority blockchain allowing hundreds of transactions a second with a fraction of the carbon footprint.

THE PROBLEM(S)

  • The current system for rewarding households for their rooop generated electricity is uneconomical and prehistoric in its design.
  • Currently, there is no way to track the energy generated by a rooop solar panel back to its generation source.
  • Using blockchain technology to encourage green energy is not viable due to the incredible amount of energy it takes to mine and validates transactions.
  • OUR SOLUTION(S)

  • Our platform will allow users to sell their energy peer to peer with other consumers bringing in immediate payments and at a much higher rate. This coupled with energy certificates increases the income for solar owners by more than 70%
  • By using our custom-built blockchain platform, consumers will be able to know when, where, how, and how much electricity was generated. How much was consumed on-site and how much was fed onto the grid
  • We have a proof-of-authority blockchain that is low-powered and low-carbon. Validation servers can be hosted by our partners and regulators, as well as on our infrastructure.
  • Rowan Energy will not make money from the sale of electricity directly. We will charge a transaction fee per transaction be it between prosumer and consumer using our peer to peer trading platform, or between energy companies and businesses transferring certificates between themselves. This drives demand for the token and is a scalable as the business grows.

    Details

    Pre-sales: Feb 10, 2020 - Feb 24, 2020
    Public sales: Oct 01, 2020 - Oct 31, 2020
    IEO (Latoken Launchpad): TBA - TBA
    Token supply: 11,000,000 RWN
    Hard cap: 4,500,000 USD

    Legal

    Blockchain Platform: Rowan Blockchain
    Country limitations: USA

    Token info

    Ticker: RWN
    Token price in USD: 1 RWN = 0.45 USD
    Accepted currencies: ETH, BTC, FIAT

    Rowan Energy Blockchain Roadmap

    1
    September 2018 - March 2019
  • Research and development into Blockchain use cases in Energy.
  • 2
    April - May 2019
  • Website launch
  • Test ERC-20 Token
  • Building Low-carbon POA blockchain.
  • Wallet, dashboard & smart contracts
  • 3
    June-September 2019
  • Proof of concept Energy Certificate to tokenise REGO, ROC and REC.
  • Licenses and regulations and legal
  • Talks with major UK Energy Companies
  • Community building and further research and development
  • 4
    October 2019
  • Soft Launch Launch of Rowan Energy Blockchain.
  • Dashboard and wallet infrastructure.
  • 5
    November - December 2019
  • Pen Tests
  • Hosting moves
  • Market research within Energy
  • 6
    January 2020
  • Senior exec building
  • Partners secured
  • Angel Investment secured
  • 7
    February 2020
  • Private Pre-IEO Sale marketing
  • GEO and platform redundant infrastructure
  • 8
    March 2020
  • Rowan Energy Listed in LA token
  • Major publications talking about RWN
  • 9
    April 2020
  • LATOKEN IEO
  • REGO/ROC application and proof of concept brought to market
  • 10
    May 2020
  • Korean IEO launch with ChainX
  • 11
    June 2020
  • Peer to Peer energy trading software brought to market.
  • 12
    July-December 2020
  • Concentration on bringing Energy Apps to market through marketing and partnerships.
  • 13
    Jan 2021 and beyond
  • 5,000,000 transactions per day. As people trade Energy and Energy certificates.
  • Scale business to 18,000,000 transactions by 2022
  • Project team

    DAVID DUCKWORTH
    DAVID DUCKWORTH
    Founder – Rowan Energy
    DAVID DUCKWORTH linkedin
    HALAM ROSE
    HALAM ROSE
    Director
    HALAM ROSE linkedin

    Advisors

    SIMON LUDLAM
    SIMON LUDLAM
    Advisor
    SIMON LUDLAM linkedin
    AMIR
    AMIR
    Cyber Security Advisor
    AMIR linkedin

    Social media

    Rowan Energy Blockchain web-siteRowan Energy Blockchain MediumRowan Energy Blockchain TelegramRowan Energy Blockchain LinkedInRowan Energy Blockchain TwitterRowan Energy Blockchain Facebook

    MVP

    MVP URL

    User rating:

    5/5 ( 1 )
    1

    Rowan Energy Blockchain rating

    7.8
    Claim admin rights for this project
    ICObench4 / 5Rowan Energy Blockchain (RWN) icobench
    ICOholderNARowan Energy Blockchain (RWN) icoholder
    ICObench7.6 / 10Rowan Energy Blockchain (RWN) icomarks
    Rowan Energy Blockchain NEWS

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