ZERO CARBON PROJECT (ICO)

Greenhouse gas emissions have remained a threat to the sustainability of the non-renewable sources of energy currently in use and have become a great concern globally. While many appreciate the role of fossil fuel as a source of energy in global warming, the rate of development and adoption of new more sustainable solutions has been slow. The Zero Carbon project was created with the aim of using blockchain technology to fight emission of greenhouse gases.

Zero Carbon Project
The project aims at creating a market that is more cost effective compared to traditional non-renewable energy sources. Through its platform, the project looks to fasten the pace in reducing global warming while rewarding its users for their contributions towards this goal.

The project is led by Derek Myers who has been working in the energy and financial sectors for over 25 years. His inspiration to use blockchain in designing solutions to lessen carbon emissions came from the transparency and the irreversibility of smart contracts and their potential in holding and transferring value. Current renewable sources of energy such as wind have also been expensive discouraging some from switching from traditional fossil fuels.

The zero carbon project offers reduced prices for switching to more environmentally friendly power sources by taking advantage of international carbon credits and intensely competitive market undercurrents. The project further enhances the cost savings associated with switching to green solutions through Energis tokens which it uses to reward its customers. These tokens are designed to be the main medium for users to transact on the platform. As the number of users on the platform increases, the demand for the Energis tokens in expected to increase therefore increasing its value and reducing the costs for zero carbon energy solutions purchased through the platform.

This market is designed as a hybrid system with some elements of the platform operating off the blockchain with transactions involving Energis tokens settled through the Ethereum blockchain. The market operating off the blockchain has already been built and is set for launch in the UK in October. The platform is also looking to implement raiden and plasma solutions to enable for scaling in processing energies tokens.

Problems Solved by Zero Carbon
Various measures and technologies have been developed in line with the goals set out in the UN Paris Agreement that envisions a society with net-zero greenhouse gas emissions within the first half of this century. These technologies have come a long way in moving towards this goal with people using renewable energy more and more. However, progress has been slow due to the high costs associated with adoption of renewable solutions. The costs have come done with time. The zero carbon project is, however, not a substitute for the existing renewable energy options but a solution leveraging blockchain technology to accelerate the pace with which these sustainable energy solutions are adopted.

The cost of green power is expected to remain higher than the alternative sources at least for the next few years. The role of this project is well defined in bridging this gap. However, the rate of development and innovation in the Renewable energy sector has consistently resulted in the reduction of these costs. It’s anticipated that in the not so distant future, green energy solutions will become cheaper than the non-renewable solutions. The project anticipates that at that point, green solutions will begin to compete against themselves with solutions that offer better value to consumers performing better on the platform.

Besides a market where businesses can list their products, clients will be able to give tenders and have suppliers bid to supply the solutions required by the buyer. This further enhances competitiveness in green energy supply which in turn leads to lower prices.  The competitiveness created is also likely to increase the rate of innovation in the green energy solutions as different providers seek to improve their products to get an edge over other providers. Green power providers are offered an opportunity to win more clients with lower acquisition costs.

Many countries depend on the government for the supply of electricity through a centralized grid, taking advantage of the economies of scale. While the project is currently focused on household consumers, it is interesting to look at the impact the zero carbon project may have in large-scale energy production both for industrial and multiple household uses.

Energis Tokens in Zero Carbon
Energis token sales are expected to raise USD 20 million in its coin offering to be used to facilitate marketing and further development of the platform. The tokens will be issued in stages with USD 3 million from private investors, USD 5 million from the public presale and the remaining USD 12 million during the main offering. Apart from purchasing the tokens during the ICO, users will also have the ability to earn energies for using zero carbon and other rewards.

Zero carbon also announced the launch of a bounty program through which 2.4 million Energis tokens will be distributed. Users have the option to participate in the bounty program on different social media and discussion forums where the stake earned will depend on the number of followers a participant has, the frequency and relevance of the items shared on the platforms among other pre-specified factors. The value of the tokens has been designed to be dependent on the future use cases.

Conclusion
By limiting supply and requiring all transactions on the platform to be based on energis, an environment has been created where there will be a constant demand for the tokens giving them value. The project is working toward a listing of the tokens in exchange platforms to improve flexibility for users holding energis and creating an opportunity for them to benefit economically from the value accumulated through the token.

TOKEN SALE

Total Energis Token Supply
The total supply of Energis tokens will remain at 240 million.

Energis tokens will be allocated as follows:

15% or 36 million will be retained by Beond and will vest as set out below
2.0% or 4.84 million will be distributed to team members and partner advisors
2.4% or 5.83 million will be distributed for bounties and bonuses
51.4% or 121.33 million will be distributed as part of the token sale
30% or 72 million will be retained in the reward pool to be distributed as rewards for consumption of zero carbon energy.
As presented in the following chart:

Beond Vesting Tokens

Energis tokens owned by Beond will be held in escrow. 25% or 9 million tokens will be released upon completion of the mainsale round. The remaining tokens will be released in equal batches of 25% of the total number of Energis tokens owned by Beond or 9 million tokens every six months thereafter.

Token Structure

Token name : Energis
Token ticker : NRG
Token sale smart contract addresses : 0x745cE2b9bfB9B615b37dBBE468ADfe0F36e1023e
Tokens total supply available : 240,000,000
Tokens for sale : 121,330,000
Hard cap : USD 20,000,000*
Soft cap : USD 2,000,000*
Base Token price : USD 0.20*
Restrictions (citizens of what countries cannot participate) : Afghanistan, Bosnia and Herzegovina, Central African Republic, Democratic Republic of the Congo, Democratic People’s Republic of Korea (North Korea), Eritrea, Ethiopia, Former Federal Republic of Yugoslavia, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, People’s Republic of China, Russian Federation, Serbia, Somalia, South Sudan, South Korea, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vanuatu, Yemen, Zimbabwe
Do US participants need to be accredited investors? No, tokens are not able to be purchased by US citizens or residents.
Will unsold tokens be burned? Yes, following any reserve token sale.
Will token be listed on Exchanges? What? When? Yes, subject to entering into arrangements with exchanges at some future time.
Viewing token in MyEtherWallet Contract address to be provided,
Decimal points: 18
Token name: Energis
Token ticker: NRG

Note: Where the value is set in USD this is indicative only. All amounts will be set in ETH at a price to be determined prior to the commencement of the sale round, using method outlined in Whitepaper.

Private Presale Terms
Tokens for sale 28,000,000 Energis tokens
Hardcap: USD 3,000,000*
Minimum contribution: USD 30,000*
Commencement dates 1st May 2018
Completion date: One week prior to start of public pre-sale
Accepted currencies: Smart contracts accept Ether
Flexible on other currencies
Private sale conditions for participation Accredited investors only
How to participate Smart contracts available to receive Ether in return for Energis or flexible to discuss other currencies or approaches
When will my tokens will be transferred to my wallet? Upon receipt of Ether
Bonus or price information : Up to 50% discount to the base mainsale token price
Note: Where the value is set in USD this is indicative only. All amounts will be set in ETH at a price to be determined prior to the commencement of the sale round, using method outlined in Whitepaper.

Public Presale Terms
Tokens for sale 33,330,000 Energis tokens plus any tokens remaining from private pre-sale
Offer price: USD 0.15/token*
Hardcap: USD 5,000,000 plus any tokens remaining from private pre-sale @ USD 0.20*
Softcap: USD 2,000,000*
(including private pre-sale proceeds)

Min/Max Contribution: None
Commencement dates To be announced
Completion date: Four weeks after commencing
Accepted currencies : Ether
When will my tokens will be transferred to my wallet? Upon receipt of Ether, once softcap is reached
How do you register for the presale? : KYC whitelist will continue through the presale
Conditions for participation : KYC whitelisted
Bonus or price information : 25% discount to the base mainsale token price

Note: Where the value is set in USD this is indicative only. All amounts will be set in ETH at a price to be determined prior to the commencement of the sale round, using method outlined in Whitepaper.

Public Mainsale Terms
Tokens for sale 60,000,000 Energis tokens
plus any tokens remaining from public pre-sale

Offer price: USD 0.20/token*
Hardcap : USD 12,000,000
plus any tokens remaining from public pre-sale @ USD 0.20*

Softcap: None
Maximum contribution : First 24 hours USD 3,000* maximum contribution
Commencement dates A week after completion of the public pre-sale
Completion date: Four weeks after commencing
Accepted currencies: Ether
When will my tokens will be transferred to my wallet? Upon receipt of Ether
How do you register for the main sale? KYC whitelist will continue through mainsale
Conditions for participation : KYC whitelisted
Bonus or price information : None

Note: Where the value is set in USD this is indicative only. All amounts will be set in ETH at a price to be determined prior to the commencement of the sale round, using method outlined in Whitepaper.

Reserve Token Sale
Tokens for sale Any tokens remaining from public mainsale
Offer price: 20% below market price to be determined using method outlined in Whitepaper
Hardcap : Remaining tokens from mainsale x Offer price
Softcap : None
Maximum contribution : None
Commencement dates Within 12 months of mainsale completion date
Completion date : Four weeks after commencement date
Accepted currencies : Ether
How do you register for the main sale? KYC whitelist will continue through the reserve sale
Conditions for participation : KYC whitelisted
Bonus or price information : 20% discount on the price of Energis tokens available on markets, as set out in the Whitepaper.

Use Of Funds

Proceeds from the token sale will go towards rolling out the Zero Carbon Markets globally, building the consumer base, developing additional software and services and servicing our customer base. The following diagram shows the allocation of proceeds.

Roadmap

2018 Q1
Complete Zero Carbon Market Software

2018 Q2
Deploy Test Smart Contracts

2018 Q2
Deploy Energis Token Contract

2018 Q2
Deploy Token Sale Smart Contracts

2018 Q2
Register Energy Suppliers In Uk

2018 Q3
Market To Consumers From Crypto Community

2018 Q4
Deploy Energis Economy Smart Contracts

2018 Q4
List On Distributed Crypto Exchange

2018 Q4
Launch Zero Carbon Market In Uk

2018 Q4
Register 1,000 Household Energy Consumers In Uk

2018 Q4
Modify Market Software For Australian Market

2018 Q4
Register Energy Suppliers In Australia

2019 Q1
Launch Zero Carbon Market In Australia

2019 Q1
Modify Market Software For Germany, Texas And Us East Coast Markets

2019 Q1
Register Energy Suppliers In Germany, Texas And Us East Coast

2019 Q1
Grow Consumer Base To 3,000 Households

2019
Add More Features To Market Software

2019
Implement Blockchain Scaling Solutions

2019
Launch Zero Carbon Market In Germany, Texas And Us East Coast Markets

2019
Register Energy Suppliers In The Rest Of The World

2019
Launch Zero Carbon Market In France, Italy, Spain, Netherlands, Canada, Japan And New Zealand Markets

2019
Grow Consumer Base To 30,000 Households

Zero Carbon Project Partners

Team
The Zero Carbon Project has been established by a group of energy market professionals who are passionate about contributing to the global climate change challenge through the application of new technologies. The team works for Beond Group which is an energy and carbon consultancy servicing top end energy users such as Knight Frank, Capita and Salford City Council. Beond is an award-winning European energy consultancy based in London.

For More Information About Zero Carbon Project, Click The Links Below:
WEBSITE: https://www.zerocarbonproject.com/
ANN THREAD: https://bitcointalk.org/index.php?topic=3396140.0
WHITEPAPER: https://www.zerocarbonproject.com/white-paper/
FACEBOOK: https://www.facebook.com/Zero-Carbon-Project-1994928630745331/
TWITTER: https://twitter.com/ZeroCarbonPrjct
BLOG: https://medium.com/zero-carbon-project
TELEGRAM: https://t.me/ZeroCarbonProject
BOUNTY TELEGRAM: http://t.me/zerocarbonbounty

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1409779