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XiWATT (XIW)

ICO

XiWATT empowering individuals and communities to collectively organize, build, and share green energy through the Ethereum blockchain.

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Overview

Product typePlatform
WhitepaperXiWATT White Paper Open

What is XiWATT

  • A green energy project is proposed on the XiCE platform. This project can range from being a small solar farm for a local co-op to a large scale wind farm intended for investment purposes.
  • The project proposed goes through a vetting process by XiWATT and if approved, it is called a Sector.
  • The Sector is then listed on the XiCE platform and opened for crowdfunding.
  • Contributors will be able to fund the Sector through standard currency (e.g. USD) and cryptocurrencies (e.g. ETH, BTC).

Details

Public sales: Mar 24, 2018 - Apr 07, 2018
Hard cap: 40,000,000 USD

Legal

Blockchain Platform: Ethereum

Bounty

Bounty: 3%

Token info

Ticker: XIW
Type: Utility-token
Token standard: ERC-20
Accepted currencies: ETH
Token distribution:
50% - Pre-sale and ICO
20% - XiWATT team
12% - User acquisition
10% - Reserved
3% - Bug bounty
2% - Partners
Funds allocation:
15% - Business Development
10% - Customer Acquisition
10% - Legal
15% - Marketing
50% - Platforms Development

XiWATT Roadmap

1
Quarter 2, 2018

Initial coin offering event will be held to fund XiWATT’s development of the XiCE and XiRE platform.
Development and deployment of the of the XiCE platform with “Launch Green”, “WATT Exchange” and “Cloud Net Metering” applications baked in.

2
Quarter 3, 2018

Two or more Sectors will be listed for crowdfunding on the XiCE platform. One Sector will be developed from scratch, while the other will be in collaboration with an existing (just finished or almost finished) renewable energy project. The Sectors will exist within North America.

3
Quarter 4, 2018

First utility bill will be paid through the “Cloud Net Metering” application within the XiCE platform.

4
Quarter 1, 2019

Launch of the “Green Jobs Desk” and “Mobilizer” applications within the XiCE Platform.

5
Quarter 2, 2019

Launch of the first community-led Sector. From inception to construction, all management of the Sector will be handled through the XiCE platform.

Project team

Hamza Choudhry
Hamza Choudhry
Co-Founder, Team Lead
Hamza Choudhry linkedin
Tony Zheng
Tony Zheng
Co-Founder, Strategy Lead
Tony Zheng linkedin
Yasir Bilal
Yasir Bilal
P.Eng, Co-Founder, Energy Lead
Yasir Bilal linkedin
Jere Juustlia
Jere Juustlia
Legal Analyst
Jere Juustlia linkedin
Ivan Wang
Ivan Wang
Developer
Ivan Wang linkedin
Zaid Khan
Zaid Khan
Market Research
Zaid Khan linkedin
Mikhail Panov
Mikhail Panov
PR
Mikhail Panov linkedin

Social media

XiWATT web-siteXiWATTYouTubeXiWATT TelegramXiWATT TwitterXiWATT Facebook

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