I don't know how many of us are really interested in energy availability, but in my country, energy or power is a big bummer. I recently stumbled on a news flash of which I didn't really pay attention to, apparently there was a power outage for 24hrs in some country of which I didn't quite grasp the name. Then I immediately related that situation to Nigeria, basically power isn't such a reliable shit over here, you barely know when it would be available or when it would be put out, and the sad part is that we the citizens pay for it to be available but still don't get it at our convenience.
I'd love to use my Country as a point of discussion because it fits perfectly to the topic on the table. First of all, Nigeria generates 12,522 megawatts (MW) of electric power from existing plants, reports due November 2020, but most days only 4,000 MW is generated which is barely sufficient for a nation so large. I literally careless about how the Nation generates energy, what resources they use, how it's been done or whatsoever, major reason being that the government is full of Greedy men who only trap just enough power for their own reach and really don't care if the rest of the country is in darkness. Lots of cash is supposingly budgeted for energy improvement but barely 40% of those allocated funds are being put through for it's documented purposes. Sadly, we the citizens still have to pay to have power supplied to us, doing these monthly you'd observe that a lot of Money is being milked from Nigerians annually, taking the total population as a multiplier.
What If I could Buy Energy Direction From a source?
Well, there's a lot technology has to offer, drawing away attention from sub-class implementations that we've endowed, there are still major things like - Power, which can literally disconnect us from everything faster than any other forces could. The Tokenization of technology itself is what sweetens my heart, maybe not technically wholly but sure we are moving towards every corner and will soon cover the entire system.
Prepaid Meters - the Centralized power purchase mediums.
To discuss my question above, prepaid meters are some devices where you get to buy energy by card and use it whenever you want, which means you can decide to turn it off and use it later. This cuts off the expense of paying for electricity and then not even using it, that in case of power outage situations. Well, as good as that sounds, you'd realize you still don't own your energy, the government doesn't even trust the devices they created that they still have to invade your house and analyze its operations, not so lovely after all, I mean why care over what I should care about? Obviously a medium of manipulation. That's like my job as the owner, but no, central authorities have literally become forceful family members, so they get to mentor our whole lives like cousins.
We Power - Tokenizing green Energy, giving power to the world
With crypto and blockchain there's just no limits to possibilities. And what's even more fascinating about this whole new space is that it's like an open book, though very on one's reach, there's just always so much to discover someday later. I was on Binance when I spotted a weird token name, it was so weird I decided to look it up, maybe to make a move on it as though I am a big fan of shitty projects, everything in Crypto space is worth my time and anyone else on my view. My research wasn't in vain I'd say, but even though a 3 hrs run through is unlikely to provide all and perfect information to add up, it's just quite enough to draw an argument - Crypto is the revolution for a better world.
We Power - The easiest way to buy green energy directly from producers and reach your energy sustainability goals
Although the project is deemed to focus much on large companies looking to buy energy, there's still a room for smaller corporate buyers or even individuals who look to buy green Energy for some sort of reasons. You see, in the quest to having the comfortable life you seek, one can go miles to attain shits, but with we power you don't even have to go that far, lol.
"WePower marketplace connects companies directly with green energy generators so that all companies can make a tangible environmental impact whilst buying green energy at competitive rates with full transparency."
In the prospects of Bitcoin Mining companies, or maybe Rice packaging industries or whatsoever, energy is a prime factor and with the cost attached to meeting up with casualties, lots of companies seek positions to purchase and have energy at their convenience. The industries of the world are growing beyond measures, private sectors to the exact cannot always rely on Centralized power systems, there are always bound to be disappointments as though these people really care less about if your business is in anywhere affected by their activities. Most companies are caught up burning Fuels daily to keep a system running, but in true facts, we all know the cost attached to petroleum and a 24hrs power station burning Fuels without a Blink shortage is such casting to dust a lot of Money.
So then, when we look into green energy, it's a lot cheaper, and often available as though different seasons come with different natural resources to generate them, that's speaking of wind, water and solar. With we power exchange, there's a blockchain built marketplace where all these corporatives can trade green energy. Producing companies auction off their energy and buying cooperates have to bid on them, the best bidder gets to have the energy produced by these companies.
To rearrange the statement I made earlier about focusing on bigger companies. We Power is actually a Power playground for all. Power Purchase Agreements (PPAs) often limit smaller companies from directly purchasing power, PPAs are direct contracts with energy producers allowing companies to purchase electricity at a pre-agreed terms for a certain period of time. But we Power offers a revolutionary green energy marketplace to purchase green energy directly from producers.This has got to be the future for energy distribution and power supply, or maybe not? Let me know what you think below.
As I said, I found we Power on Binance Smart exchange, so then it has got to be a crypto, right? Cool. We Power cryptocurrency WPR, is a Utility token of the green energy platform. WPR token stores tangible value and ensures liquidity. It constantly accrues energy donated by energy producers and accumulates real value in a form of energy. WPR token also provides priority access to the renewable energy generation facility project auctions on the WePower platform.
WPR token is a utility token that offers access to the energy donation pool constantly filled with 0.9% of energy sold via the auctions on WePower platform. It also serves as a priority access to the energy auctions. The WPR token holders for the 48h of every auction can purchase energy amounts equal or less to the share of all WPR tokens they hold. Reference
So once again, Crypto is a power point. We've seen quite a lot of revolutionary projects like the Travala (AVA) which is basically no less than a travel airline, but unlike the usual airlines, Travala runs its own Cryptocurrency that has a big utility function in this space. Who knew owning just a simple Cryptocurrency could earn you some free flying tickets? Maybe? That was an insane revolution and here with We Power, there's power instilled in being a token holder, with just holding a WPR token you get to share actual green energy from donations and the auction pool trapping some percentage of power sold, again, this has got to be the future!
Of course how much of the token you hold determines how much your share will be, and looking at the current WPR token price, it's very cheap that anyone could buy a ton and get a tangible share of green energy from the We Power platform. There's just so much crypto and blockchain revolution can offer, and Like I said in my previous article, it really doesn't matter if the newer projects that unfold aren't a match or can't outperform the Oldtimers, what really matters is the diversification that follows suit. Crypto is touching major sections and hugely impacting human lives, and that's a clear factor.
I've come to that end of this one and am glad to have you reading it up until now, thank you and if there's any contributions or arguments to share concerning the topic discussed, please feel free to do that via comments, thanks again.
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