Green Power Exchange initial coin offering (ICO)

P2P Energy Trading Platform



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.

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Starts in 9 months ago
2018-09-26 - 2018-10-26
Token
GPX
Type
ERC20
Price in ICO
1 GPX = 0.1 USD
Platform
Accepting
ETH,
Soft cap
6,000,000 USD
Hard cap
112,000,000 USD
Raised
0
preICO start
Sep 12, 2018
preICO end
Sep 24, 2018
ICO start
Sep 26, 2018
ICO end
Oct 26, 2018
More on ICO
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About Green Power Exchange ICO

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.

Green Power Exchange reviews

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Rated on Aug 28, 2018
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Green Power Exchange ICO price

Price in ICO

1 GPX = 0.1 USD

Green Power Exchange (GPX) crypto

Green Power Exchange coin

Green Power Exchange token
GPX
Green Power Exchange type
ERC20
Green Power Exchange platform

Green Power Exchange (GPX) value

Tokens for sale
1240714288

Green Power Exchange investment info

Accepting
ETH,
Min. investment
1000
Distributed in ICO
56 %
Soft cap
6,000,000 USD
Hard cap
112,000,000 USD

Green Power Exchange whitepaper

Green Power Exchange team

Apply as an advisor

Christian Wentzel

Co-Founder, Head of Energy

Christian Ehrenthal

Co-Founder, Head of Technology

Kit Harrison

Senior Manager North America

Green Power Exchange milestones

1
2019

WePower idea

2
2020

WePower idea

3
Q1 2018

WePower idea

4
Q2 2018

WePower idea

5
Q3 2018

WePower idea

6
Q4 2018

WePower idea

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