WePower WPR

Rank #3513

$ 0.00036188 -0.03%

WePower Price (WPR)

WePower to USD Price Chart

What is the current price of WePower (WPR)?

The current price of WePower (WPR) is $ 0.00036188.

What is WePower (WPR)?

WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens, simplifying and standardizing the global energy investment ecosystem. These tokens represent energy that producers pledge to produce and deliver. As a result, energy producers can directly trade with green energy buyers - both consumers and investors - and raise capital by selling energy in advance, at rates lower than market averages.

Who created WePower?

The WePower platform was created by a team of energy sector veterans, blockchain developers, and business professionals. Their mission was to give renewable energy producers the ability to raise capital more effectively by leveraging blockchain technology and smart contract capabilities. The team's efforts have been recognized by Elering, a leading Transmission System Operator in Europe.

How does WePower (WPR) work?

WePower (WPR) operates through a tokenization system. Each energy token that renewable energy producers issue represents a specific amount of energy they commit to produce and deliver in the future. By selling these tokens in advance, often at below-market rates, producers can raise capital for their projects.

Buyers and investors, in turn, can purchase these tokens as a way of securing green energy at potentially lower costs or investing in the renewable energy sector. Once the energy is produced and delivered, token holders can use their tokens to offset their energy costs or sell them on the WePower platform.

What Makes WePower Unique?

WePower's unique proposition lies in its innovative use of blockchain technology to facilitate direct trading between renewable energy producers and green energy buyers. This results in a decentralized, transparent, and efficient marketplace where energy producers can secure funding by selling energy upfront and buyers can directly invest in green energy projects.

How Much WePower (WPR) Is in Circulation?

As of the most recent update, the circulating supply of WePower (WPR) is 608.8M.

Where Can You Buy WePower (WPR)?

WePower (WPR) tokens can be purchased on any of the following exchanges: Huobi.pro, Binance, Lykke. Remember, it's important to use a reliable and secure exchange platform when trading cryptocurrencies. Always perform your due diligence when choosing where to invest your money.

How is WePower recognized in the energy sector?

WePower's blockchain solution has been recognized by Elering, one of the most innovative Transmission System Operators in Europe. They have acknowledged its potential to streamline and globalize investment in the energy sector, demonstrating its growing influence and acceptance within the renewable energy industry.

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