TerraGreen Coin is a Blockchain-based Community & Cryptocurrency backed by units of Renewable Energy. TerraGreen ICO rating – not rated.
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PRE ICO Dates : 01/01/19 – 20/01/19
3 251 473
Rank in ID – 119078
About TerraGreen ICO (token sale)
TerraGreen ICO Coin is a unique blockchainpowered attempt at micro-managing biomass wastes from agricultural and forestry sectors and efficiently converting them into renewable energy products. These products, at the end of the process, will be in their greater heights of economic values. With TerraGreen Coin, consumers can directly participate in the biomass waste management and production of renewable energy products, which in return support the green energy revolution.
TerraGreen ICO is essentially a DAO (Decentralized Autonomous Organization), governed autonomously on the basis of pre-defined instructions in the form of smart contract. There are various smart contracts in a DAO. The smart contracts delve into the realm of, but are not limited to, Combined Heat & Power Optimization (CHP), Synthetic Natural Gas, Hydrogen Production, Synthetic Fuels, SOFC, Green Chemistry, Activated Carbon, and Pulp.
State-of-the-Art Technology & Process Solutions for Production of Renewable Energy Products
TerraGreen ICO aims to create a global, decentralized biomass waste management, majorly in the agricultural & plantation sector. The creation of such a network will enable the deployment of an extensive renewable energy infrastructure, which will provide the necessary impetus for proper biomass waste management. The TerraGreen mission is, to change the way waste is perceived by industries and proving it as the greatest untapped resource available to mankind.
TerraGreen ICO strives to implement a monetary incentive mechanism, where people are rewarded for participating directly in converting biomass waste into renewable energy products. TerraGreen aims to cut through the current problems of lacking access to state-of-the-art technology and capital for the biomass based renewable energy producers, and to provide access of profitable projects directly to the consumers. This is done with the utilization of the blockchain technology and renewable energy backed coins.
Existing and new biomass waste management companies will be provided with complete business plan including innovative technology and process solution with the use of locally generated biomass waste.
TerraGreen ICO platform’s terms & conditions imposed each renewable energy producer to give 0.5% of energy coin offerred to the TerraGreen token holders as part of dividend declaration. This dividend is declared at the end of second year from successful commercial operation date (COD) of the renewable energy plant. Each TerraGreen ICO token holder receives this dividend as a tokenized energy proportionally, depending the amount of token the holder has. This tokenization of renewable energy