Voltreum logo

Voltreum (VOLT)

Status
ICO

Voltreum is a future-focused technology company seeking to democratize renewable energy (RE) trading over power grids, increase RE penetration, and create a more sustainable future by developing innovative, eco-friendly solutions. Our first offering, Volt-X, is a blockchain-based peer-to-peer (P2P) platform for transparent energy trading across power grids, including smart microgrids and localized distribution networks, with a clear focus on fair pricing.

Voltreum White Paper Whitepaper

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Low
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User Rating
High
4/5 3 votes
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Ticker
VOLT
Type
Utility-token
Token standard
BEP-20
FoundedIndia
Registration countryIndia
Registration year2021

What is Voltreum

Our efficient solution brings energy-saving and trading autonomy by connecting your renewable-energy grid with community and central grids.

Our blockchain-based platform promises efficiency in transmission, guarantees fair prices, and above all reduces dependency on traditional grids based on fossil fuels - helping our planet breathe.

The Volt-X application and VOLT hold the key to true borderless and decentralized energy trading between smart grid-enabled individuals, companies, neighborhoods, and even countries. With Volt-X, energy exchange won't be limited by geographical borders.

The solution can be rolled out globally with zero dependencies on geographical location or geography-limited factors. It will allow energy-deficit entities to efficiently meet their requirements and energysurplus entities to monetize their excess energy and avoid wastage Furthermore, the energy exchanged will be renewable and clean. Voltreum, Volt-X, and VOLT will incorporate solar, wind, water, and other renewable energy sources on the same microgrid, thus facilitating the shift to clean energy available on demand. Over time, Voltreum and VOLT will bring transparency and equitability into RE trading over microgrids. They will accelerate the global move towards sustainable, clean energy and stave off the damaging effects of climate change on the planet.

Voltreum Roadmap

1
Q3 2021 Due diligence
  • Deep dive analysis of the Energy market
  • Study of the current energy requirements/forecast for the next decade
  • Study of the problems with the current state of the energy market, challenges with global energy generation, transmission and distribution
  • Study of the problems faced by gencos, transcos and discoms
  • Evaluation of country wise energy market regulations
  • Articulating the problem statement
  • Competitor analysis - Including software and hardware players across the globe
  • Evaluation of key feature offerings by each player in the field
  • GAP assessment / SWOT analysis
2
Q4 2021 Core team formation
  • Identifying and interviewing subject matter experts from the industry
  • Shortlisting and rolling out of contracts/NDAs with selected members
3
Q2 2022 Project planning
  • Formulating the scope of work (SoW) document to cover the proof of concept testing and final state system development
  • Creating the work breakdown structure and timelines for tasks related to the power syste design, technology development, marketing, sales, and partnerships
  • Identifying the stakeholder management plan and RACI matrix
  • Formulating key project milestones with clearly defined timelines
  • Financial projections required throughout the project lifecycle
4
Q3 2022 Proof of concept / Minimum viable product development
  • Drafting of physical line diagrams and load profiles for the PoC
  • Evaluation of the various load profiles as per electric standards
  • Drafing of test cases based on variations in generation andusage considering differential loads
  • Procurement of smart meters and power/load equipments for the PoC
  • Development of a broker service for establishing communication with various smart meters (GSM, PLC, Modbus, Radio frequency mesh, SCADA)
  • Development of Voltreum Core Processing (VCP) engine and backend logic for recording transactions on the blockchain system
  • Smart contract deployment on the testnet server
  • Fine-tuning the VCP engine logic with an aim to develop a robust and resilient core
  • Security audit of the VCP engine
  • Deriving key metrics and associated costs for the end to end transaction to develop the business case and financial projections
  • Business case creation
5
Q3 2022 UI/UX development
  • Finalizing a list of top features/parameters in line with feedback from key stakeholders (Discoms, Govt agencies, End users)
  • User access management in line with significant data security and compliance standards
  • Mobile app and web interface UI and UX design
6
Q3 2022 Go to market / Whitepaper launch
  • Setting up of social media channels
  • Roll-out of community management services to build brand awareness
  • Whitepaper launch
  • Creation of marketing collateral and business pitch
  • Website launch
7
Q4 2022 Seed sale
  • Secure funding through a seed sale
8
Q1 2023 Private sale
  • Secure funding through a private sale
9
Q1 2023 IDO
  • Official listing on a decentralized exchange
10
Q2 2023 Strategic partnerships for pilot testing
  • PAN India expansion
  • Documenting key lessons learnt
  • Optimizing the application based on lessons learnt
11
Q4 2023 Global ramp-up
  • Global expansion in various markets

Token Sale Dates

ICO

Start date: Nov 25, 2022
End date: Dec 05, 2022

Token Allocation

Presale Token Supply 50,000,000 VOLT
Total Token Supply 1,400,000,000 VOLT
Total Tokens for Sale 250,000,000 VOLT

Funding Details

Soft Cap 250,000 USD
Hard Cap 500,000 USD

Restrictions

Residents of the following countries are prohibited from participating
United States, Canada

Token distribution


Seed - 3.57%
Private Rounds - 7.14%
IDO - 0.40%
Dex Liquidity - 6.74%
Company Reserves - 17.86%
Airdrops - 0.71%
Treasury - 4.29%
MKT - 8.57%
RnD - 3.57%
Legal - 1.43%
Team - 7.14%
Partnerships - 2.86%
Staking - 17.86%
In-platformrewards - 17.86%

Token Price and Payment Options

Token price USD 1 VOLT = 0.02 USD
Accepted Currencies BSC, USDT

Project team

Bhakti Vaidya
Bhakti Vaidya
Co-founder
Bhakti Vaidya linkedin-team
Rahul Awati
Rahul Awati
Co-founder
Rahul Awati linkedin-team
YK Jain
YK Jain
Senior Energy Consultant
YK Jain linkedin-team
Leandro Marcarian
Leandro Marcarian
Chief Tokenomist
Leandro Marcarian linkedin-team
Himanshu Gautam
Himanshu Gautam
Senior Blockchain Developer
Himanshu Gautam linkedin-team
Vaibhav Ghatge
Vaibhav Ghatge
Senior Project Manager
Vaibhav Ghatge linkedin-team
Srinath Iyer
Srinath Iyer
Senior Editorial Consultant
Srinath Iyer linkedin-team

Advisors

Bindeshwary Rai
Bindeshwary Rai
Strategic Advisor
Bindeshwary Rai linkedin-team
Mohan Sreekant
Mohan Sreekant
Senior IT Advisor
Mohan Sreekant linkedin-team

Social media

Industries

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