*Delivering access to clean renewable energy from a mobile device. *
ImpactPPA is an Ethereum-based decentralized energy platform that will transform the global energy finance industry. ImpactPPA uses the power of the blockchain to bring together capital and consumers in a way that is direct, responsive, and expedient.
Relevacne of the project:
- Energy is the key to improving quality of life, yet approximately 1.2 billion people across the globe lack access to clean, reliable electricity. Distributed, renewable energy solutions empower underserved and impoverished communities—both literally and figuratively—while they reduce the use of fossil fuels and mitigate the effects of climate change. Many economists agree that in the coming years great wealth creation will emerge from these 1.2 billion people who will ascend to middle class status.
- The world were so depend on energy from dam or fossil product as the wellspring of energy for their day by day activities. The generation of power from dam or petroleum derivative is exceptionally costly that numerous individuals couldn't manage.
- The ImpactPPA model will not be managed by any central body but by the users themselves who will set precedents as to how they want their power to be distributed.
- The ImpactPPA team is looking at partnering with power companies that can align with their vision and look into means of alternative solutions to the defeciencies of a centralized power distributions system.
- The ImpactPPA platform will be built in the Ethereum blockchain and will deal on smart contracts and makes use of the MPQ token for access to its platform by users.
The Impact PPA model:
Description of the way of work:
- The ImpactPPA platform assumes the use of smart contracts by the virtue of its Ethereum nature and also makes use of its energy protocols known as SmartPPA.
- The Smart Power Purchase Agreement(SmartPPA) includes proposals from energy research users around the globe with a project to produce raw energy.
- The SmartPPA includes the specification for the group involved which is either commercial usage or for corporate bodies and if the agreement is confirmed, the funding for the project is executed accordingly.
- The findings are aided by the MPQ tokens purchase by energy revolution minded investors.
- The holders of the tokens make vital decisions on the veracity of the projects and executes the approved ones accordingly.
- The most qualified SmartPPA gets approval for installation which can done by a third party affiliated engineering firm.
Earth Day Network – 50×50
ImpactPPA and Earth Day Network (EDN) have entered into an agreement to provide 50 socially impactful renewable energy projects by EDN’s 50th anniversary in 2020.In their first project together, ImpactPPA and EDN will provide a renewable energy system to the Edna Adan Hospital in Hargeisa, Somaliland. The hospital provides maternity care and treatment to over 21,000 women throughout Africa.
The MPQ Token gіvеѕ the consumer сеrtаіn rіghtѕ аnd аbіlіtіеѕ аѕ governed bу the Smаrt Cоntrасtѕ wіthіn thе рrоtосоl. Thеѕе rіghtѕ include; the роwеr tо аррrоvе, improve оr rеmоvе SmаrtPPAѕ as they аrе ѕubmіttеd to thе рlаtfоrm for approval аnd соnѕіdеrаtіоn and also fоr fundіng bаѕеd оn thе unаnіmоuѕ vоtе оf outstanding MPQ Tokens presented аt that раrtісulаr tіmе.
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