What is GEC?
GEC GreenEnergyCoin is a blockchain project focused on the energy sector of the global economy in the field of “Green Energy” – the production of electricity from renewable energy sources.
GEC GreenEnergyCoin is a product of the investment class blockchain. It is a derivative that uses both advanced financial and industrial technologies to produce and sell a product with high demand. Such a product is electricity that is consumed and sold in the markets of countries that have a permanent deficit in the generated capacity and are dependent on its imports.
GEC GreenEnergyCoin is a blockchain project that combines investors who have decided to finance the construction of Solar Power Plants (SPP) by the crowdfunding model to get income from their usage. Decentralization should ensure the independence of the project, and eliminate negative factors of influence on the procesSPP of trade relations between electricity producers and its final consumers.
Decentralized and direct investments in the GreenEnergyCoin project will be implemented through the purchase of GreenEnergyCoin tokens (hereinafter – GEC), produced on the basis of Ethereum blockchain, which could be easier exchanged on the existing crypto-exchange exchanges, or at fiat money. GEC GreenEnergyCoin – offers the newest investment format, which will allow investors to easily, anonymously and safety finance the construction of solar power plants (SPP) around the world.
GEC GreenEnergyCoin will operate as an investment fund, constantly increasing the total capacity of manged solar power plants. This will be achieved by refinancing established SPP and construction of the new SPP. GEC GreenEnergyCoin will raise funds through Initial Coin Offering (ICO) – a form of investment attraction in the form of sales to investors, issued by GreenEnergyCoin (GEC) own crypto currency (tokens), which will be provided with electricity at the rate of 1GEC = 1Kwh of electricity. The GEC GreenEnergyCoin crypto currency (token) will be released on the basis of the block chain Ethereum,which can be easily exchanged on existing crypto-exchange exchanges, or at fiat money.