Digital Energy Currency

Digital Energy Currency

TBA
3,029 Views
DEC is a smart off-take agreement (SOTA) designed by PermianChain to fund the development of low-cost sustainable energy to power the blockchain economy.
3.7
TOTAL SCORE
3.8
ICO PROFILE

(weight: 45%)

1
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: DEC
Platform: Ethereum
Token Type: ERC20
Financial
ICO Price: 0.035 USD
2019
Completed PermianChain product technical architecture for all 4 foundation blocks (PermianChain Miner, PermianChain Supplier, PermianChain Investor and PermianChain Dealer) to support the digital energy market (utility and security).<br /> Completed the suite of PermianChain products (prototype), which include, PermianChain Supplier, PermianChain Investor, PermianChain Miner and PermianChain Dealer.<br /> Integrated an oil and gas blockchain framework (OGBiF) as a business model for energy companies that will use the PermianChain Supplier platform with DEC as the native currency.<br />
2020
Technical Business Model related to digital energy securities submitted to the regulator’s Launchpad Team for feedback. Received feedback and adapted platform based on legal recommendations to comply with securities laws and regulations.<br /> Bitcoin mining pool aggregator and digital energy market integrated into PermianChain Miner product features to support adoption of DEC.<br />
2021
Onboarded the first energy company and opened registration for other companies to register their energy reserves on the PermianChain Supplier to underpin the Digital Energy Currency (DEC)<br /> PermianChain works with third-party professionals to conduct due diligence of assets and wells registered on the platform before approval and pushing to PermianChain’s blockchain explorer.<br /> The first bitcoin energy company issues a natural asset security token (NAST) with its registered market dealer to capitalize and grow the OGBiF business-model, using PermianChain’s products as its technology infrastructure to support issuance of DEC against energy reserves.<br /> <br />
2022
Launch of the digital energy market with DEC serving as our Smart Off-take Agreement (SOTA) enabling crypto investors and crypto miners to secure ongoing power capacity for crypto-mining farms.<br /> Creating liquidity for DEC on various DEXs and allowing for staking of stablecoin to distribute energy credits to users of PermianChain Miner.<br /> Underpin 1kW for every DEC in circulation, with a goal to achieve a minimum of 100,000kW (100mW) of power capacity dedicated to bitcoin mining farms. All power to be generated from clean sustainable natural gas resources that would have otherwise been wasted or stranded. Current demand exceeds 500,000kW.<br />
Mohamed El-Masri
Founder & Chief Executive Officer
Participates in a number of projects
Michel Henriquet
Co-Founder
Participates in a number of projects
Paresh Masani
Chief Technology Officer
Participates in a number of projects

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Adrealm
Adrealm aims to rebuild the digital advertising ecosystem and cultivate a self-sustaining open ecosystem for all participants to achieve advertising efficiency. Built on ERC-20 standard of the Ethereum platform, Adrealm connects advertisers, service providers, content publishers, developers etc on its decentralized public ledger ensuring privacy and no third-party management of data. Thanks to its three-tier architecture made of an on-chain layer, off-chain layer, and a service layer, speed and efficiency can be guaranteed and the industry pain-points such as fraud, low-quality ads, and data leakage can be overcome. Adrealm relies on a particular consensus mechanism called Proof of Valid Traffic (PoVT) that makes high-quality ads and traffic the fundamental criteria for the operational success of transactions.
Upcoming
Co-DEX Exchange
Co-DEX is a Decentralized trading platform for cryptocurrencies, built on vanguard security infrastructure and using a revolutionary system. Co-DEX is an exchange created by the community, for the community, thus Co-DEX will be the first exchange that will apply a NO FEES policy on transactions, the users being required to cover solely the transaction cost of the miners and/or validators that register the action on the blockchains. Experience direct peer-to-peer trading without the security risk of trusting a third party, thus having complete control of your assets at any time.
Upcoming
AITrading
AITrading is a revolutionary trading ecosystem, which simplifies experience both for experienced traders as well as for newcomers. It gives tens millions traders the ability to live normal life while AI works for them. AITrading combines AI and Blockchain technologies with trading community capabilities on a single platform.
Upcoming
AGATE
Agate is the world's most comprehensive decentralized blockchain platform for instant payment without volatility risk to mainstream crypto adoption.
Upcoming
Bitindia
Bitindia is a cryptocurrency exchange and wallet for the streets of India. BitIndia will be bringing an open source platform which empowers the users to have secure transactions and hold the private keys of the cryptocurrencies on the Blockchain nodes. The BitIndia wallet will transform the current structure and concept of crypto wallets. While BitIndia wallets aims to make blockchain mainstream in India, the BitIndia exchange will let any layman to buy, sell and understand cryptocurrencies in the easiest and fastest scam free platform ever designed. The BitIndia wallet aspire to become an essential part of daily routine activities such as buying groceries, paying bills or dining at a restaurant; while using cryptocurrencies as a medium of exchange. BitIndia exchange will let its users to trade on essential cryptocurrencies with the Indian currency. This will not only promote various cryptocurrencies in India but also promote blockchain technology globally.
Upcoming
Burency
Burency is an advocate for crypto and Blockchain adoption, particularly in the MIDDLE EAST. The platform is designed to address key challenges that prevent widespread adoption within the cryptocurrency and Blockchain ecosystem such as exchange’s lack of liquidity and security, unsustainable mining, unawareness of Blockchain applications to businesses. The Burency Exchange is a regulated exchange platform that addresses key challenges including security, liquidity, fiat to crypto transactions and vise versa, and more. The exchange is one of the world’s fully insured platforms, with coverage provided from LIoyd’s of London through the Nebbex Protocol. The Burency Mining facility answers some of the challenges associated with crypto mining such as mining destruction to environment and excessive mining power expenses by creating a sustainable facility powered by renewable hydropower. Burency provides a streamlined platform for the generation of cryptocurrency via purchased timeshare slots within the mining facilities using the BUY token. Additionally, computational power can also be purchased via the BUY token which governs purchases across the Burency ecosystem. The Burency Blockchain Development Center is dedicated mainly for advising enterprises on Blockchain applications and helping them operate on the blockchain for more efficient operation and business transactions execution. In particular, the center focuses on the creation of smart contracts that enable businesses to trade with entities across geographical and jurisdiction boundaries.