Green Power Exchange

Green Power Exchange

ICO Ended
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P2P Energy Trading Platform. The GPX Platform enables simple Peer-to-Peer energy trading. The GPX Platform enables simple Peer-to-Peer energy trading. Producers can easily pre-sell their power at a better rate while allowing consumers to buy their power directly for significantly less. We are creating a hyper-efficient renewable energy market place to turbocharge clean energy deployment and push out fossil fuels. Be on the right side of history.

The global power market is currently $2.2 trillion annually. However, today’s method forpurchasing power at a wholesale and consumer level is inefficient and stuck in a different age:multiple intermediaries, black box exchanges and legal structures are involved that contribute to a bloated and slow-moving process. Consumers, large and small, mostly do not have an economical, legal or practical way to buy electricity on their own. Developers and independent owners of power projects are forced to rely on the utility to sell their power. GPX aims to eliminate these wasteful steps and inefficient intermediaries, and introduce a simple, easy to use, and most importantly, streamlined peer-to-peer (P2P) platform to buy and sell power. Since consumers’ power prices are significantly above current solar and wind production costs, and direct PPAs are already feasible in many deregulated jurisdictions, linking the two in a simple way will result in significant cost savings for consumers. By cutting out the middleman through the GPX platform, producers will receive higher prices. Saving money on the power bill will be as easy as buying a token.

The transaction applications will be accomplished through the implementation of standardized Smart Power Purchase Agreements and Proof of Ownership Smart Contracts that will auto execute once the required conditions are met and be posted to the public ledger.

In terms of real world application and market penetration, GPX has immediate access to thelargest power markets globally, with eight US states, Canada, and four major European markets, accounting for over 180 million consumers. With more than 62 projects secured at this stage for development and construction in these markets, and ready to be put on the GPX platform, as well as a roadmap to add significantly more partners, we feel strongly about achieving major developed power market dominance. Most importantly, GPX’s founders have built successful, profitable companies in the past in technology and energy, giving GPX a significant head-startover any other competing platform.

Simply put, the combination of blockchain, smart contracts and the tokenization of energy trading will revolutionize the way we purchase electricity. This is a huge market in the power sector alone. Add to it that independently-owned solar and wind plants are now producing energy
cheaper than market rates in almost every country, and the potential for disruption is massive. With the launch of this paper, we set out to directly connect producers and consumers via P2P, with immense cost savings on both sides.

We are creating an easy-to-use P2P energy trading platform that will further turbocharge cheap, green energy deployment and save consumers money. Be on the right side of history.

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TOTAL SCORE
6.5
ICO PROFILE

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General
Website: Visit
White paper: Read
Pre-sale Time: 12 Sept 2018 - 24 Sept 2018
ICO Time: 26 Sept 2018 - 26 Oct 2018
Country: Barbados
Token info
Ticker: GPX
Platform: Ethereum
Token Type: ERC20
Available for sale: 1 GPX
Financial
Pre-sale Price : 1 GPX = 0.055 USD
ICO Price: 1 GPX = 0.1 USD
Christian Wentzel
Co-Founder, Head of Energy
Participates in a number of projects
Christian Ehrenthal
Co-Founder, Head of Technology
Participates in a number of projects
Kit Harrison
Senior Manager North America
Participates in a number of projects
Tom Helliwell
Senior Manager Europe
Participates in a number of projects
Alexander Ehrenthal
Senior Manager Technology
Participates in a number of projects
Charles Palko
Operations Lead
Participates in a number of projects
Uwe Luehrig
Platform Strategy
Participates in a number of projects
Hanwey Shieh
Growth and Branding Lead
Participates in a number of projects
Iain Downer
ASSOCIATE MANAGER EUROPE
Participates in a number of projects
Jeffrey Steiner
Advisor
Participates in a number of projects
Jay Willmot
Advisor
Participates in a number of projects
Tony Valle
Advisor
Participates in a number of projects
Jordan Plener
Advisor
Participates in a number of projects

Advisors (1)

David Orban
Advisor
Participates in a number of projects
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