GreenX (GEX)
World energy consumption is on the rise. Year after year, the world is using more and more energy to power the grids, fuel vehicles, gas supplies, water, and other essential services, etc. In short, make the world work.
Of all the energy used, anything between 13 and 20% comes from renewable sources, depending on the geographical area. European institutions have set a target of 20% of renewable energy consumption by 2020, for example.
Renewable energy has a number of benefits to the environment, both directly and in the medium to long term.
Among other advantages, renewable energy:
- Greatly reducing greenhouse gas emissions
- Diversify energy supply
- Improve public health as a whole
- Save money
Around the world, there is a general trend of rising energy demand that provides all these benefits, and more.
GreenX is a new ICO brand that intends to build blockchain-based ecosystems for investors to find and invest in renewable energy projects.
GREENX: RENEWABLE ENERGY NETWORK
Although the industry as a whole is on the rise, potential investors and developers are still finding it difficult to find and engage in renewable energy projects. Such companies typically involve large initial investments in infrastructure and equipment, which require a long fundraising campaign.
The GreenX Platform intends to bring together corporate and individual developers and investors, enabling them to discover and collaborate on renewable energy projects.
The platform includes two separate global markets in its ecosystem: GreenX Capital Market and GreenX Global Exchange.
GreenX Market is a crowds -funding platform for Green Energy Developers to increase capital for their projects
GreenX Global Exchange is a secondary market for investment trade in GE projects and GE equity.
This two-pronged approach offers great benefits to developers and investors.
Developers enjoy greater access to a global pool of funds, a much leaner application process, and faster disbursement of funds.
The benefits to investors are not less extraordinary. They gain access to profitable, eco-friendly projects, high-level protection against loss, and the possibility of contributing to projects around the world.
GREENX AI
The Artificial Intelligence (AI) model and Machine Learning technology are implemented successfully on blockchain-based projects. The sophistication of the AI algorithm & machine learning allows the underlying engine to adapt to customer and industry trends, thus creating targeting of certain projects more efficiently to specific customers, based on a series of fluid parameters.
GreenX uses an engine-based learning model for risk analysis, which will help minimize potential risks customers may encounter during investment drives.
The AI model assists with:
- Risk management
- Project Risk
- Economic Risk
- Political Risk
- Market Risk
GREENX IN NUMBERS & FACTS FAST
- Token Name – GEX
- The total number of tokens available for sale – 225m
- Token price – 1 GEX = $ 0.20
- Private sales – April 15 – May 15, 2018
- Early-bird sale – May 15 to June 15, 2018
- GreenX Token Sale – June 15 through July 31, 2018
- Softcap – 2,500 ETH
- Hardcap – $ 30 million
Note:
- ETH will be the only accepted payment method.
- All participants must become accredited investors or pass the KYC / AML examination.
GEX TOKEN
Like other ICOs, the company will issue its own currency, the GreenX tokens (GEX), which are based on the Ethereum Standard ERC-20.
The GEX Token is the single currency received at the GreenX Global Capital and Stock Market. Tokens are sold through smart contracts.
According to Whitepaper, GEX holders can invest in green projects.
Token is designed to:
- Provide liquidity
- Appreciation Value
Once created, tokens will be allocated as follows:
- Crowdsale – 60%
- Business Development – 16%
- Advisors & Partners – 7%
- Bounty – 3%
- Recommended – 10%
- Bonus – 4%
See below graph.
BUDGET ALLOCATION
All funds earned through token sales will be used to build a sustainable business.
See chart below for planned fund allocation.
ROAD MAP
Q2 2017
Project Inception & Development.
GreenX roadmap and infrastructure blueprint created and tested.
Q4 2017
Proof of concept
Private capital raised.
Q1 2018
Develop relationship with corporate partners.
Start MVP development for the GreenX Capital Market platform and the GreenX Global Exchange platform.
Q2 2018
Token Sale Campaign. Public Pre-sale commends on May 15th, 2018.
Tokens are listed on public exchanges within 2 weeks after ICO finishes.
Create GreenX Artificial Intelligence.
Q3 2018
Alpha release of the GreenX Capital Market platform.
First projects listed and funded.
Alpha release of the GreenX A.I. Investment Analysis system.
Q4 2018
Expand corporate relationships.
Establish GreenX Energy Alliance.
Alpha release of the GreenX Global exchange platform.
Start development of the GreenX Visual Smart-contract Scripter.
Q1 2019
Continue to add companies into the GreenX Energy Alliance.
GreenX Global Exchange becomes fully functional.
Start development of the GreenX Mezzanine Blockchain Interface.
Q2 2019
Establish the GreenX Green Energy Investment Fund.
Alpha release of the GreenX Visual Smart-contract Scripter.
Alpha release of the Greenx Blockchain interface.
Begins research on native token development and side-chain efficiency development.
TEAM
Stanley Nguyen: Founder & CEO
Florian Wegmann: Investor Relations
Dennis Duong: Founder & CTO
Anik Dang: Blockchain Advisor
Dr. Urs Lustenberger: Legal Advisor
Charles Jurczynski: Energy Advisor
Riccardo Gubbioli: Energy Advisor
Igor Alexander Terevsky: Energy Advisor
Teresa Dang: Chief Marketing Manager
Gabriel Dinh: Product Manager
Tung Kieu: A.I. Scientist
Dung Nguyen: Senior Blockchain Advisor
Hayden Bui: Senior Software Engineer
Jacob Tang: Database Engineer
CONCLUSION
Renewable energy markets around the world are expanding, as new sources and locations to generate energy are found. It is a matter of fact that ICO is the creation of a space where people can find and invest in renewable energy projects bringing long-term survival.
The double market system based on GreenX blockchain enables comprehensive solutions that serve both investors and developers. Blockchain offers advantages of projects and developers.
GreenX’s proposal may be very interesting because of the clever implementation of AI and machine learning routines to perform risk analysis on highly fluctuating market conditions. This safety net can affect investors by way of GreenX, because the underlying technology will help investors in making better business decisions.
Overall, the GreenX platform is a step in the right direction for the development of renewable energy projects, which will help us all in the long run.
FOR MORE INFORMATION CLICK LINK BELLOW:
Website: https://greenx.network/
Telegram: http://t.me/GreenXOfficial
Facebook: https://www.facebook.com/GreenXOfficial/
Twitter: https://twitter.com/GreenXOfficial
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