FIREFLY
FIREFLY
We are creating a blockchain platform for green energy producers, aiming to capitalize the energy within their storage systems, thereby establishing a source of wealth growth.
The battery charging of the network participants will be accompanied by token minting, broadcast battery capacity data to the blockchain, and distributed to the total number of tokens in the network. This will form a floating capacity indicator directly in each token. This will be a reliable indicator of energy collateralization, which will be traded and grow due to the halving mechanism.
Key success factors:
(1) Data on the energy storage capacity of participants will be available to all, allowing virtual power plant communities and all connected clean energy producers to exchange energy or sell tokens to each other, even if participants are on different continents.
(2) Producers act as both producers and consumers of energy (prosumers). This circumstance makes the adoption of the tool we offer obviously beneficial: Why exchange bank transactions when you can exchange energy directly using a mined token with reliable collateral?
(3) Unique halving conditions guarantee the growth of Firefly collateral in kWh of energy.
These circumstances and the business model make the adoption of our project beneficial for industry participants, since the network capacity (collateral) will be guaranteed and clear, and the collateral is guaranteed to grow.
Since the issuance of the token, the growing nature of the energy supply and the existence of a token market in the industry will attract financial capital, and clean energy producers will become wealthy.
In past attempts to capitalize the energy, startups have overlooked the need to connect blockchain, the Internet of Things, physical energy, and the financial market. Understanding economic laws and the evolution of the economy will allow us to solve these problems.
We are ready to provide detailed information on the market mechanism of energy and token circulation after preliminary consultations, as this information is the intellectual property of the startup.