Rowan Energy Blockchain

Rowan Energy Blockchain

ICO Ended
4,319 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%)

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
ReverseDAO
ReverseDAO is a solution to all of the problems above; it is a platform that connects the Metaverse with real-world assets. Fiat and economic units that are bound with world assets can now be represented, stored, and transferred onto the blockchain just as easily as cryptocurrencies.
Upcoming
Xsure
Xsure is a decentralized risk management platform that facilitates real-time communication between insurance providers and the end customer. With the help of machine learning and blockchain trust-less governance technologies we have managed to eliminate third parties from the whole insurance life-cycle and turn it into a dynamic process instead of a static one.
Active
Dether
Dether provides a decentralized peer-to-peer ether network that enables anyone on Earth to buy ether with cash and spend it at physical stores nearby. No bank account is needed, just a mobile phone with internet access. Our belief is that the beauty and power of the Ethereum technology should be easily accessible to all. We’ve decided to put all of our energy and that of the Ethereum community into helping us build the first trustless solution that will allow anyone to be able to interact with the Ethereum blockchain no matter who you are, where you are, and without the need for a middleman.
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
Fan Controlled Football League
Expected to kick off in 2018, the Fan-Controlled Football League (FCFL) reimagines American football – and the experience of being a die-hard fan – for the digital age. The FCFL will seek to deliver a compelling football product that captivates a broader digital audience. It will feature fast-paced, high-scoring action that embraces the spread-football evolution of the NCAA football and NFL games while enabling a diverse set of styles and strategies on both offense and defense ─ all controlled by the fans. Player personnel and real-time play calling decisions are all made by fans via the league’s blockchain platform, making fans the coach and general manager for their team. Fans will no longer be just viewers; rather, they will be active contributors to the games they are watching. This is a transformational shift in the way sports fans engage and interact: no more sitting back and passively watching as a team’s roster takes shape or a game unfolds. They will be essential to the league’s product both on the field and off. This is the democratization of sports, and it’s about to be realized through the most innovative sports league ever created, thanks to decentralized blockchain technology.
Upcoming
Hoard
Hoard is about to change the future of the video gaming industry by facilitating True Ownership of game assets on the blockchain. Today more and more people are selling virtual goods and services. With Hoard, all of this can be tokenized and made tradeable in a manner that is honest for all participants. We believe that Hoard will facilitate the global revolution in the Gaming Industry. Hoard offers a unique value-proposition to game makers and gamers alike; enabling real-world economies in games with true-ownership of virtual items, game-interoperability and new models of financing for the development of games.