Rowan Energy Blockchain

Rowan Energy Blockchain

ICO Ended
3,685 Views
We want to turn the energy market on its head, with a blockchain-driven decentralized energy community. We wanted to build a new kind of blockchain that is truly decentralized. Within our energy community, our customers validate the energy transactions and are rewarded for their contribution to the community. We want to achieve this whilst at the same time encourage people to buy green energy and also have solar installed to produce their own green energy. Using a custom-built Proof of Authority (POA) blockchain our members will be able to trade their electricity with other consumers peer to peer and in almost real-time. Our energy supply is generated primarily by our own customers, any extra energy requirements will be bought wholesale from other renewable sources, giving us the buying power of a large customer base allowing us to negotiate excellent deals. In the UK current feed-in tariffs vary between 0.03p per KW/h to 0.055p per KW/h. Other energy companies have to buy REGO (Renewable Energy Guarantees of Origin) Certificates in order to sell their solar-generated energy back to the grid. But by tokenising the process our customers can see in almost realtime where their energy is coming from. This gives us a saving of 15p per MW/h, plus by tracking our energy back to the renewable source we can also tokenise ROCs (Renewable Obligation Certificates) bringing in an extra £47.70 per MW/h. These savings can be passed back to our customers. Peer to peer trading between our customers takes place automatically by our infrastructure matching sellers with buyers of energy based on their location. Picking the closest producer to the consumer making the energy truly local. This gives maximum returns to the producer with payments also being made instantly a vast improvement to the current system that can see solar owners rewarded for their energy in up to 6 months. All these transactions happen using Rowen tokens with consumers buying tokens to buy their energy from local rooftop producers. The more customers we sign up, the more the demand for our tokens. Rowan has built its own Proof of Authority blockchain. We decided to go down this route in order to build a low powered and therefore low-carbon solution. We wanted to have control of the software side in order to scale the chain as we need, and not relying on the developers of other public chains. This is also now an asset that makes Rowan more valuable. It's also attractive to other Energy Suppliers to use as it's private and meets carbon targets.
7.6
TOTAL SCORE
6.9
ICO PROFILE

(weight: 45%)

7
SOCIAL ACTIVITY

(weight: {$data.rating_weights.followes}%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 10 Feb 2020 - 24 Feb 2020
ICO Time: 31 Mar 2020 - 28 Apr 2020
Country: UK
Token info
Ticker: RWN
Platform: Ethereum
Token Type: ERC-20
Available for sale: 11,000,000 RWN (24.44%)
Total supply: 45,000,000 RWN
Financial
ICO Price: 1 RWN = 0.25 USD
Accepting: ETH, BTC, Fiat
Hard cap: 2,500,000 USD
September 2018 - March 2019
Research and development into Blockchain use cases in Energy.
April - May 2019
Website launch<br /> Test ERC-20 Token<br /> Building Low-carbon POA blockchain.<br /> Wallet, dashboard & smart contracts
June-September 2019
Proof of concept Energy Certificate to tokenise REGO, ROC and REC.<br /> Licenses and regulations and legal<br /> Talks with major UK Energy Companies<br /> Community building and further research and development
October 2019
Soft Launch Launch of Rowan Energy Blockchain.<br /> Dashboard and wallet infrastructure.
November - December 2019
Pen Tests<br /> Hosting moves<br /> Market research within Energy
January 2020
Senior exec building<br /> Partners secured<br /> Angel Investment secured
February 2020
Private Pre-IEO Sale marketing<br /> GEO and platform redundant infrastructure
March 2020
Rowan Energy Listed in LAtoken<br /> Major publications talking about RWN
April 2020
LATOKEN IEO<br /> REGO/ROC application and proof of concept brought to market
May 2020
Korean IEO launch with ChainX
June 2020
Peer to Peer energy trading software brought to market.
July-December 2020
Concentration on bringing Energy Apps to market through marketing and partnerships.
Jan 2021 and beyond
5,000,000 transactions per day. As people trade Energy and Energy certificates.<br /> Scale business to 18,000,000 transactions by 2022
Screenshots taken on 14 Feb 2020
David Duckworth
CEO & Founder
Participates in a number of projects
Halam Rose
Director
Participates in a number of projects

Advisors (2)

Simon Ludlum
Participates in a number of projects
Amir Hadžipašić
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Dailycoin
DailyCoin has built a decentralized eCommerce platform, on the Ethereum Blockchain, and payment solution system. The aim is to provide that financial payment solution with little or no hassle, with next to nothing or no transaction fee, allowing people to buy or pay for those services they are used to on their platforms or merchant sites. The goal is to make everyone’s daily experience an easy one while buying those tickets, paying for shopping items or even making hotel reservations.
Upcoming
Tachyon Protocol
Tachyon Protocol is a decentralized internet protocol built on the V SYSTEMS blockchain that aims to create a trusted, stable, fast and reliable decentralized information network. By implementing techniques from DHT, blockchain, UDP and encryption, Tachyon Protocol is committed to building the next generation TCP/IP that can provide a self-sufficient internet environment with high security, untraceability and maximum network speed. As the first application running on V SYSTEMS, Tachyon is powered by X-VPN, which has proven technologies and 50 million existing global users to bring blockchain technology into the mainstream. IPX token is the native cryptocurrency of the Tachyon network that resides on the V SYSTEMS blockchain. The token provides easy and affordable means of sharing spare bandwidth among users, promotes positive development of the network, solves major problems with the organization of the decentralized network and serves as proxy valuation of the overall system.
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
SID Token
SID (Share Internet Data) is a peer-to-multi-peer decentralized internet sharing system that allows sharing internet from one person's smartphone to another nearby in an automated manner. One of our key missions through the SID project : “To lift as many people as possible out of poverty by means of giving the less fortunate a way to access the Internet”. Certain users will be able to get free Internet access by obtaining tokens in exchange of consuming advertising. Such obtained tokens can then be used to consume internet megabytes from other nearby Users in exchange for tokens OR Users will simply trade some of their tokens directly with other SID Users. Those trades will be done simply through a secured blockchain, on a public exchange to ensure full transparency with the control of the tokens and the control of sharing internet or not fully decentralized, meaning solely under end-user’s control through their post ITO (Initial Token Offering) token Wallet inside the SID App.
Upcoming
Verifier
Verifier is an innovative technology designed to verify identity, events, deals, and any other kind of data. This is a blockchain based solution that verifies data quickly, accurately, trustworthy, and securely.
Upcoming
Acta Finance
The first Cross-Chain Interoperable DeFi Ecosystem, built natively on Avalanche The ActaFi Ecosystem brings a complete DeFi suite that incentivises user-base growth and motivates the user activity, offering both DeFi products and features in a single ecosystem. Every interaction within the ActaFi Ecosystem is executed on-chain, by smart contracts.