Rowan Energy Blockchain

Rowan Energy Blockchain

ICO Ended
4,454 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
Universal Reward Protocol
By accepting to share their shopping data with the network, a shopper earns reward tokens, while the data is used by retailers to build redemption offers that best suit each customer’s needs. Shoppers can redeem their tokens through these exclusive and personalized offers.
Upcoming
Gym Rewards
The GYM rewards app rewards you for exercising at the GYM by introducing Proof of Exercice to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
Upcoming
Artcoin
The art world is traditionally anything but transparent, and that’s where ArtCoin, an investor-driven collective, creates real change for investors. Guiding users through transactions using cryptocurrencies, ArtCoin enables investors to benefit from the increased security and transparency of the Smart Contracts platforms. By pulling together information that everyday investors normally can’t access, ArtCoin democratizes the art market and acts as a direct liaison between investors and the art industry.
Upcoming
DocTailor
DocTailor is a unique self customizing smart legal contract platform, that allows, lawyers, individuals and organizations to send and create legal tailor-made smart contracts and agreements on the blockchain without developer experience.Bridging the gap between the trillion dollar crypto economy market.
Upcoming
MetaShooter
Metashooter is the first decentralized blockchain-based hunting metaverse that joins millions of hunting enthusiasts in a community where they can: Experience real hunting: Play in tournaments, multiplayer, and with stunning visuals with VR compatibility; Hunt & Earn: Receive token rewards by hunting trophies, wining tournaments, and more; Customize & Upgrade: Buy, upgrade hunting equipment and customize your hunter; Develop: Buy hunting lands, build towers, breed NFT dogs, and earn passive income; Explore the open World: Experience various environments, stunning visuals and realistic dynamics.
Upcoming
Feniks
Feniks.Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks.Finance can be used as an international banking system for information transfer and payment execution. The first version of Feniks.Finance will be able to handle payments and storage of users' funds. Namely, the banking transactions labeled in the SWIFT system with MT103 as payment sent and MT202 as a receipt and crediting of the payment to the account. The next step in the development of the system will be a 700 group of SWIFT operations, namely documentary transactions better known as guarantees and letters of credit. The introduction of the 500 group, that is, the operation with securities, suggests that an exchange will appear in our network.