WPR (WePower) - WePower recently finished up their ICO in February, during which they raised $40 million USD. The WPR team has set out to fix the problem of companies using dirty energy sources (think fossil fuel / CO2 heavy gas emissions). They are addressing this problem by empowering a more decentralized process of building green energy projects. The two main use cases are as follows:
- Deploy smart contracts that enable participants to invest and finance green energy projects as well as acquire green energy in an efficient, secure and transparent way.
- Provide access to live trade renewable energy across the globe, think of this as a green energy ‘secondary market’.
At its core, WePower is a lot like an independent energy supplier that is aiming to take power away from big oil money and put it into the hands of the general public, to help build a greener tomorrow. The team recently met with the European Commission, who was interested in learning more about the vision. WePower also announced a partnership with Elering, who is the main supplier of independent electricity and gas in Estonia.
It’s encouraging to see the founder of the project, Nikolaj Martyniuk, has over 10 years of experience in the green energy sector, and spearheaded the building of the largest power plant in the Baltics as CEO of Modus in 2016. The WPR project is still early days, yet it offers a differentiated approach, an extremely applicable use case, and strong ties to the industry leaders and bureaucratic powers that be(whether you want to admit it or not, this is important).
WPR currently trades at $0.21 USD on Huboi, and just barely missed out on winning Binance community coin of the month vote (Elastos won the listing). With a Market cap ranking of 165, this is a small-cap crypto project worth paying attention to!
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