WePower initial coin offering (ICO)

Green energy trading platform



WePower is launching blockchain and smart contracts powered green energy trading platform where everyone can buy, trade or invest in tokenised green energy.

4.4
82 82 expert ratings
3.9
4.4
4.4
3.9
View rating distribution
Starts in 1 year ago
2018-02-01 - 2018-02-02
Token
WPR
Price in ICO
1 ETH = 8,000 WPR
Platform
Accepting
ETH,
Soft cap
5,000,000 USD
Hard cap
40,000,000 USD
Raised
40000000
preICO start
Sep 22, 2017
preICO end
Oct 23, 2017
ICO start
Feb 1, 2018
ICO end
Feb 2, 2018
More on ICO
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About WePower ICO

SPECIAL ANNOUNCEMENT
WePower has made history already! Startup is now backed by StartupBootcamp.
StartupBootcamp is the biggest global startups accelerator with programs in major startup hubs including London, New York, Singapore, Berlin, Amsterdam, and many others. It provides both a global reach and industry-focus to its portfolio companies.
WePower is accepted to the Energy program which marks the significant recognition of startups's technological achievements in using the blockchain to revolutionise the energy markets.
STBC Energy program is supported by the major energy companies like Energy Australia and Spotless. Multi billion worth companies will help WePower to scale in Australia.
PROJECT DESCRIPTION
WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. As a result energy producers can trade directly with the green energy buyers (consumers and investors) and raise capital by selling energy upfront, at below market rates.
The technology team is led by Kaspar Kaarlep, former CTO of Elektrilevi, he and his team are the ones who built the Estonian Smart Grid infrastructure over the past 10 years. The team that Kaspar assembled for WePower has vast experience in building information systems in the energy space. Given their experience working directly with and for utilities, this team is uniquely placed to be able to intimately understand the challenges presented by today's changing energy landscape and how specific technologies are impacting it.
WePower is currently launching a pilot project with Elering, Estonian transmission system operator, with the goal of building a proof-of-concept for recording a nation-state scale of consumption and production data on the ethereum blockchain. This will be a first of its kind enabling the global blockchain powered energy market to take its first steps towards reality. WePower is leveraging Estonia's existing advanced smart grid, particularly the 100% smart meter coverage with hourly reading and a central data hub with a data exchange layer for transparent 3rd party access. These are the ideal technical conditions to test the true scalability for our technology.
By partnering with WePower, utilities can begin exploring the following examples that currently don't exist:


  • Enabling new consumer experiences through energy data stored on the blockchain.

  • Exploring the utility as a data broker business model at scale. For example, a GDPR compliant, customer-controlled, data exchange layer that reinforces the relationship between the utility and its customer by giving the better ownership tools for their own data.

  • Helping integrate renewable energy providers into the smart grid better and helping facilitate the creation of grid level energy clusters.

WePower reviews

Luca Cotta
Icodriver...expert launching ICOs, Influencer, IT expert.
Rated on Oct 22, 2017
4
4
4
2%
Michio Jibiki
Chairman, Green Designers Association
Rated on Oct 3, 2017
4
5
5
1%
Vasily Sumanov
ICO advisor, Economy researcher
Rated on Jan 14, 2018
4
4
4
1%
George Erman
ICO Analysis Expert
Rated on Oct 6, 2017
5
5
5
1%
Daniele Azzaro
MIT certified specialist in Fintech
Rated on Oct 21, 2017
4
4
4
1%
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Dec 8, 2017
4
3
3
2%
Berkay Alp
ICO Analyzer
Rated on Oct 29, 2017
4
4
4
1%
Nikolay Zvezdin
ICO Investor and Advisor
Rated on Oct 20, 2017
3
3
4
1%
Anton Makarov
Risk management specialist & Investor
Rated on Oct 20, 2017
4
5
4
1%
Marc Camarasa
Experienced CFO - Tech companies Advisor - Investor
Rated on Oct 23, 2017
4
5
5
0%
Jan Schets
ICO advisor | CIO | Blockchain Consultant | Early Crypto Investor
Rated on Oct 23, 2017
4
5
4
1%
Scott Malsbury
Entrepreneur
Rated on Mar 15, 2018
3
5
5
2%

Interesting project but a not so communicative team.

Vladimir Grinevsky
Professional in Marketing and Strategy planning
Rated on Oct 25, 2017
3
4
4
1%
Marco Fike
Cryptotrader, crypto investment
Rated on Nov 2, 2017
4
4
4
1%
Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Nov 3, 2017
4
4
4
2%
Pramod Emjay
Investor
Rated on Nov 8, 2017
5
3
4
0%
Michael Ryan
CEO and Founder at CoinHealth LLC
Rated on Dec 13, 2017
4
5
5
0%
Hung Chih (Jason Hung)
Serial Entrepreneur | Investor Meetup | ICO advisor | China Market | Exchange
Rated on Nov 11, 2017
5
5
4
2%
Joao Reis
Investor
Rated on Nov 11, 2017
4
3
4
1%
Farabi Shayor
Marketing Professional | VR Research Lead | Cryptocurrency Specialist
Rated on Nov 15, 2017
5
3
4
1%
Edd Carlton
Head of OTC Trading
Rated on Nov 17, 2017
5
5
5
1%
Adam Leonard
CEO and Co-Founder BlockEx
Rated on Nov 17, 2017
5
5
5
1%
Leonid Dvoretskiy
Advisor
Rated on Nov 18, 2017
4
5
4
0%
Nerijus Tilvikas
ICOs marketing consultant - Known for successfully raising millions for blockchain projects.
Rated on Dec 5, 2017
5
5
5
1%
Biser Dimitrov
Brokerage Technical Director
Rated on Dec 11, 2017
5
5
5
1%

Great team and project!

Petar Savic
Serial Tech Entrepreneur
Rated on Dec 8, 2017
4
5
4
1%
Modestas Kalnutis
Growth Marketing
Rated on Dec 11, 2017
5
5
5
0%
Ricardas Bernotavicius
Blockchain enthusiast, ICO expert. Founder at IUNGO.Network and several companies in MedTech and IoT sector.
Rated on Jan 25, 2018
5
5
5
1%
Adnan Javed
Blockchain Startup Advisor, Technologist, Inventor
Rated on Dec 12, 2017
4
4
3
1%
Igor Karavaev
ico advisor and investor
Rated on Jan 5, 2018
4
4
4
3%

Improved my valuation. It could be amazing mix between blockchain and green energy technologies. A good PR as a minimum

Joan Vallès
Wealth Manager and Advisor, Angel Investor
Rated on Dec 21, 2017
4
3
3
1%
Paun Gabriel Razvan
Early Bitcoin Holder / Ethereum ICO Investor
Rated on Jan 15, 2018
5
5
5
2%

The project is well structured.
It has a good vision, yet repeated before, this one looks like one of the winners for Europe in Energy Markets.
It has a good name, great marketing and keeps their investors informed and up-to-date on all Social Media's.

Simon Choi
Fintech & ICO Lawyer
Rated on Jan 3, 2018
5
4
5
1%
Maja Voje
CMO at OriginTrail, First Purpose-built Protocol for Supply Chains Based on Blockchain (22.5 mm raised)
Rated on Dec 22, 2017
4
4
3
1%
Reed Sutton
Researcher, Speculator, Advisor
Rated on Jan 12, 2018
4
5
3
2%

Reviews available here:
https://www.youtube.com/watch?v=DbxBxjxiIpc
https://medium.com/@reedus/wepower-ico-review-smart-green-energy-funding-at-cost-eeb38d82af3f

P.B. Stanton Esq.
ICO Advisor | Securities & Banking law | Former US Marine JAG Officer
Rated on Dec 25, 2017
5
4
4
1%
Stan Milc

Rated on Dec 26, 2017
4
4
4
1%
Simon Waddington
Software engineer and advisor
Rated on Dec 26, 2017
4
5
2
2%

I really like the concept but at the moment we have to ask ourselves - does it need a blockchain app? Probably not. But I think in the future if it opens up to the Consumer to Grid world it starts to look a lot more sensible. Do you really want billions of households and devices dependent on a centralized system? It is also unclear just how centralized the WePower system will be. As best I can tell it is not set up to be fully autonomous and relies on WePower to keep it running and build the tech to monitor power production and consumption, establish all the industry relationships etc. But I think when your app is heavily involved in chain to meat-space issues there is only so far you can go in that (DAO) direction anyway.

I'm not an expert in the energy industry to know if they have the right team to do all those things on the business side - which are clearly essential beyond just building some blockchain contracts and APIs. But just looking at the background and the number of people I was impressed. On the code side - well they have more advisors than doers, but perhaps that is just who they have listed so far.

In terms of product - well there isn't much we can get our hands on. Just a repo with some contracts in. With the current roadmap you'll just have to take their word for it at the moment. That is fairly common and I wonder if I should be giving ICOs like this a neutral 3 and only 2 or 1 if they are actually worse than average. But at the moment I think lack of dev docs, and code means I think I put them below average (note I do give a lot of ICOs with nothing to show at all a 1)

Austin (Hyun sup) Chung
Co-Founder, CFO at ATFS / Finance Expert, Venture Capitalist, ICO Advisor
Rated on Dec 27, 2017
4
4
4
1%
Maksym Vysochanskiy
Founder of ICOExpert | Appsmoment | Blockchain Advisor
Rated on Dec 29, 2017
5
4
4
1%
Artem Kharchenko
Advisor, IT entrepreneur, information security expert.
Rated on Dec 30, 2017
4
5
4
1%
Vladimir Manzyuk
Blockchain/System Analyst
Rated on Jan 6, 2018
4
4
3
2%

At first i want to say... they have different white paper on english and russian versions.

i don't like this
Token distrubutions
"Token sale contributors 55%" and we don't know how to distribute other 10% "Future stakeholders" and "15% Community and user growth"

This is a not MVP, this is a demo.
Last comment on MVP 4 months ago, i guess this is final "MVP" version.


I like this
Good team with strong advisers
They have demo with blockchain
I'm not expert in energy, but i think with is a real exist problem.

Abdul Rahman
Tech Entrepreneur | Crypto Trader | Blockchain Researcher | Finance Controller
Rated on Dec 30, 2017
3
3
3
1%
Puneet Sondh
Investor with focus on emerging technologies- FinTech, Blockchains, TransTech
Rated on Dec 31, 2017
5
4
3
1%
Jillian Godsil
Advisory
Rated on Jan 2, 2018
5
5
5
2%

Loving this project. Love the concept - love the benefits. And the team is very very strong. Go WePower!

Neer Varshney
Journalist at The Next Web, ex-Cointelegraph
Rated on Jan 3, 2018
4
4
4
1%
Gökhan Koçak
Blockchain enthusiast. Innovator. Leader. International investor. Options and Futures trader.
Rated on Jan 15, 2018
4
4
5
1%
Henry Joseph-Grant
Award winning Tech Entrepreneur, Startup/VC advisor, Writer, Mentor
Rated on Jan 6, 2018
5
5
5
0%
Mike Raitsyn
Blockchain enthusiast, business angel
Rated on Feb 1, 2018
5
5
4
1%
Owen Haggith-Khonje
Investment Analyst & Crypto Enthusiast
Rated on Jan 9, 2018
5
5
5
1%
Toomas Allmere
CFO TLDR Agency
Rated on Jan 9, 2018
5
4
4
2%

I like the implementation of blockchain technology and the WPR token economy in WePower platform. I‘m impressed by existing MVP and undergoing preparation for the pilot project launching in April. WP is a well-written, comprehensive document. And I wish to note the professional team.

Christian Ng
Entrepreneur | Blockchain | Fundamental Investment Analyst
Rated on Mar 7, 2018
5
4
3
2%

Confident on this project due to the partnership and hype. Good vision, yet repeated before (Power Ledger, SolarCoin). Potentially a winner for European energy market supported by the Government. Have partnerships ready to commence operations in 9 months. Currently have a working beta with blockchain. Pilot project launching in April. Token distributions seems confusing. Trying to unify the EU energy market may be an execution concern.

Goldman Armando
Competitive Intelligence, CryptoFinance advisor, Futurist
Rated on Jan 10, 2018
5
5
5
1%
Bonnie Normile
Business Development Manager
Rated on Feb 13, 2018
5
5
5
2%

TEAM, VISION & PRODUCT. 1,2, & 3.....

Ahmad Younis
Senior Advisor & Consultant | Product Management, Design & Leadership | M.Sc. in CS/HCI | 10+ years in the Tech Industry
Rated on Jan 11, 2018
4
5
4
1%
Anurag Rathore
Ico Advisor
Rated on Jan 11, 2018
4
4
3
2%

Excited about this one.

Ian Scarffe
Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.
Rated on Jan 14, 2018
4
5
5
1%
Dr. Mihaly Kertesz
COO, strategist
Rated on Jan 15, 2018
5
5
4
2%

WePower is an oustanding project! Great team, awesome vision, remarkable achievements! Wish you luck!

Jiří Fiala
Entrepreneur & Crypto enthusiast
Rated on Jan 15, 2018
4
4
3
1%

The vision and the team behind looks impressive. Definitely worth to follow up.

What is so far not that much clear is how their operations will work on unified EU energy market, how will they work (and are they needed?) on corrupted marketplace in EU where most of the renewable sources of energy need EU donations (or in country).

Bright idea and the team, not enough detail to be convinced.

Sebastian Spiteri
Engineer ¦ Co-Founder of Coinounce.com
Rated on Jan 16, 2018
4
4
4
1%
Maxim Kiselev
Investment banking and Compliance professional. Cryptocurrency enthusiast.
Rated on Jan 16, 2018
5
4
3
1%
Arthur Zubkoff
FinTech & Marketing Consultant
Rated on Jan 16, 2018
4
4
4
2%

Pros:
+ Great idea for a good cause promoting green energy
+ Experienced team & strong partners
+ Project supported by the Government

Cons:
- Might become "just another blockchain platform" without proper execution and quick promised delivery
- Of all tokens 55% will be distributed through the ICO and only 45% of raised funds will be used for actual development
- Other competitors

Vytautas Kaseta
Distributed crypto systems generalist, Social hacker, Next Reality visionary
Rated on Jan 22, 2018
5
5
5
2%

Great team. unique vision to leverage blockchain in green energy business.

Zahid Imran
ICO expert and Advisor, consultant
Rated on Jan 20, 2018
4
4
4
1%
Vladislav Kuznetsov
Vladislav Kuznetsov
Rated on Jan 21, 2018
4
4
3
1%
Ivan Kapytko
Mr
Rated on Jan 22, 2018
5
4
4
1%

They've got MVP ready and it's great. Idea behind of the project looks interesting. In fact it's another source of fundraising for energy producers. On the buyers side it looks like buying energy in advance. If we're talking about free market it can be profitable as well as it can generate losses for both sides of the deal.

Ovidiu Oancea
Ovidiu Oancea
Rated on Jan 22, 2018
4
4
4
1%
Pavlos Tzegiannakis
Co-Founder of CORE, ICO advisor, Passionate Investor
Rated on Jan 22, 2018
5
4
4
1%
Bob Haya
Investor 30 yrs crypto enthusiastic 5 yrs
Rated on Jan 26, 2018
4
5
3
1%
Murat Ornek
Engineer, Visioner , Investor , Advisor
Rated on Jan 26, 2018
4
4
3
1%

This ICO was one of the most hyped ICO recently. Must be because of this that Unfortunately wepower team decided to allocate only 10% of tokens for crowdsale keeping the hardcap same. Individual contribution is limited to 0.2 eth.

Solid team, solid product, solid partnerships etc. However the business model is very weak for investment. Investors shouldn't forget that they are buying 1kwh with one token which is more expensive than market price and acc. To wepower team the payback period is 3 yrs.

Anuj Khanna
CEO, Peak State, Venture Capital, Private Equity, Fundraising, Mergers and Aquisitions
Rated on Jan 29, 2018
4
4
4
1%
Igor Salikov
"Love Is Forever When It's Written in the Blockchain"
Rated on Feb 3, 2018
5
5
4
1%

Even before the appearance of the blockchain, there were many projects related to the green energy. Unfortunately, most of them were realized at the government level and for money laundering. I'm not sure that in this case blockchain app needed

Aly Madhavji
Co-Founder of Global DCX | Top ICO Advisor | Angel Investor | Blockchain Entrepreneur
Rated on Feb 4, 2018
4
5
4
3%

Great vision on this project focused on green energy. Strong team and product.

Navjit Dhaliwal
CEO at Iagon| CEO at Mjøsa Tannklinikk | Co-Founder of CanPol AS | Co-Founder of ArboLab AS
Rated on Feb 4, 2018
5
5
3
1%

One of my favorite projects. They got some great partnerships and this platform has a high chance to materialize quickly.

Kirill Kazakov
Advisor, marketing strategist, ICO consultant
Rated on Feb 4, 2018
5
5
4
1%
Tyler Sanford
Blockchain & Marketing Consultant | Community Management
Rated on Feb 7, 2018
4
5
4
3%

Really cool idea! People will always get behind renewable energy. I look forward to watching the progress of WePower!

Christopher Zenios
COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
Rated on Feb 7, 2018
5
5
4
1%
Gabriel Llambias
CFO-COO, Trader
Rated on Feb 19, 2018
5
4
4
1%

Good team and vision

Eugene Podkovyroff
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor
Rated on Mar 16, 2018
5
5
4
1%
Ricardo Ruiz
Ricardo
Rated on Mar 21, 2018
5
5
4
1%
Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on Jun 22, 2018
4
3
3
2%

Real FOMO. I have worked in the energy sector before and I know that the trading platforms need improvement. However, I don't believe it is this project that will do that. There are a lot of emerging blockchain projects at the moment that promise they will revolutionize energy industry but that's not something easy to believe :)

Still, good luck...

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
7%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

WePower ICO price

Price in ICO

1 ETH = 8,000 WPR

WePower (WPR) crypto

WePower coin

WePower token
WPR
WePower platform

WePower (WPR) value

Tokens for sale
80000000

WePower market cap

WePower market capitalization
$ 40000000

WePower investment info

Accepting
ETH,
Distributed in ICO
~10%
Soft cap
5,000,000 USD
Hard cap
40,000,000 USD

WePower whitepaper

WePower team

Apply as an advisor

Nikolaj Martyniuk

Co-Founder, Energy

Artūras Asakavičius

Co-Founder, Investments

Kaspar Kaarlep

CTO, energy

WePower milestones

1
2019

WePower idea

2
August 2017

WePower idea

3
August 2018

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4
February 2018

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5
January 2017

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6
January 2018

WePower idea

7
January 2019

WePower idea

8
July 2017

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9
July 2018

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10
March 2018

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11
March 2019

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12
May 2018

WePower idea

13
October 2017

WePower idea

14
October 2018

WePower idea

15
September 2018

WePower idea

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