About Zero Carbon Project
Zero Carbon Project is an initiative
that aims increase the rate of reduction of carbon emission by giving
access to cheaper energy contracts compared to those from renewable and
fossil fuel sources. These contracts are derived from carbon emissions
that have been offset by international carbon credits. Energis tokens
(NRG) are used to pay transaction fees for the marketplace, 70% of which
are distributed as a rewards system to consumers.
Readability: The document takes time to read but does not seem deliberately obfuscated.
Transparency: The current stage of development is somewhat ambiguous. For instance, it is stated that “twelve energy suppliers are already signed up for the Zero Carbon Project”. However, the suppliers are not specifically listed. Limitations of the platform (scalability, decentralization) are addressed. Token smart contracts can be found on the organization’s GitHub page.
Presentation of Business Plan and Token Model: Growth strategies are specifically discussed. It is stated that the project is initially planned to launch in the UK in 2018. Other competitive electricity markets include that the project aims to roll-out to include: Texas, the east coast of the United States, Germany, Spain, France, the Netherlands, Italy, Japan, Canada, New Zealand and other EU markets. Very brief details are provided for the marketing strategy as the organization initially plans to target the crypto-community via “word-of-mouth referrals, supported by the nomination scheme bonus”. The organization plans to reach a break-even point within four years at 100,000 households (or the equivalent mix of households and businesses). The token model is adequately discussed with a thorough discussion on the fee structure and token mechanics.
Presentation of Platform Technology and Use of Blockchain: Token smart contracts are publicly available and are listed as follows:
– Energis token contract
– Token sale: private pre-sale
– Token sale: public pre-sale
– Token sale: main crowd sale
– Token sale: reserve token sale
– Vesting contract with 25% vested on 1-Sep-18 and every six months thereafter
– Ether payments contract with multi-sig
– Transaction fees
– Reward pool
– Distribute rewards
– Energis payments contract
Further discussion is included that gives more details as to the function of the smart contracts.
The software architecture of the market is not described with great detail. It is stated that “the market software has been developed in the UK for households to purchase energy for their homes through the comparison site”. However, in the disclaimer section of the whitepaper, it is stated that “The Zero Carbon Market will be open source in nature which could allow anyone to replicate, modify or enhance the technology which underlies the Zero Carbon Market”. Thus, information regarding critical technical components of the platform are not included.
Legal Review and Risk Assessment: Three documents are included through the website which outlines the risks associated with the platform and the token sale, the terms and conditions of the token sale, and the privacy policy of the organization. Additionally, disclaimers and notices are included in the whitepaper. Overall, the legal review and risk assessment provided by the organization is fairly comprehensive. Furthermore, the organization gives the names and contact information of the company’s legal advisors.
author:
fatik2020
https://bitcointalk.org/index.php?action=profile;u=2051372
0xa595e4E89F803718527C50dfB7D3397Db6910007
Documentation
Comprehensiveness: The company website includes multiple documents: the whitepaper, a document discussing the risks associated with the platform and token sale, the terms and conditions of the token sale, and the privacy policy of the website. Links to the organization’s GitHub page is included, which contains token smart contracts. The functionality of the smart contracts is also included in the document. Marketing and growth strategies are adequately discussed.Readability: The document takes time to read but does not seem deliberately obfuscated.
Transparency: The current stage of development is somewhat ambiguous. For instance, it is stated that “twelve energy suppliers are already signed up for the Zero Carbon Project”. However, the suppliers are not specifically listed. Limitations of the platform (scalability, decentralization) are addressed. Token smart contracts can be found on the organization’s GitHub page.
Presentation of Business Plan and Token Model: Growth strategies are specifically discussed. It is stated that the project is initially planned to launch in the UK in 2018. Other competitive electricity markets include that the project aims to roll-out to include: Texas, the east coast of the United States, Germany, Spain, France, the Netherlands, Italy, Japan, Canada, New Zealand and other EU markets. Very brief details are provided for the marketing strategy as the organization initially plans to target the crypto-community via “word-of-mouth referrals, supported by the nomination scheme bonus”. The organization plans to reach a break-even point within four years at 100,000 households (or the equivalent mix of households and businesses). The token model is adequately discussed with a thorough discussion on the fee structure and token mechanics.
Presentation of Platform Technology and Use of Blockchain: Token smart contracts are publicly available and are listed as follows:
– Energis token contract
– Token sale: private pre-sale
– Token sale: public pre-sale
– Token sale: main crowd sale
– Token sale: reserve token sale
– Vesting contract with 25% vested on 1-Sep-18 and every six months thereafter
– Ether payments contract with multi-sig
– Transaction fees
– Reward pool
– Distribute rewards
– Energis payments contract
Further discussion is included that gives more details as to the function of the smart contracts.
The software architecture of the market is not described with great detail. It is stated that “the market software has been developed in the UK for households to purchase energy for their homes through the comparison site”. However, in the disclaimer section of the whitepaper, it is stated that “The Zero Carbon Market will be open source in nature which could allow anyone to replicate, modify or enhance the technology which underlies the Zero Carbon Market”. Thus, information regarding critical technical components of the platform are not included.
Legal Review and Risk Assessment: Three documents are included through the website which outlines the risks associated with the platform and the token sale, the terms and conditions of the token sale, and the privacy policy of the organization. Additionally, disclaimers and notices are included in the whitepaper. Overall, the legal review and risk assessment provided by the organization is fairly comprehensive. Furthermore, the organization gives the names and contact information of the company’s legal advisors.
Financial
Token info
Token
NRG
Platform
Ethereum
Type
ERC20
PreICO price
1 NRG = 0.10 USD
Price in ICO
1 NRG = 0.2 USD
Tokens for sale
121,330,000
Investment info
Accepting
ETH
Distributed in ICO
51%
Soft cap
2,000,000 USD
Hard cap
20,000,000 USD
Token distribution:
51% is for sale;
20 million is a personal presale (0.10 dollars), 8 million is a personal presale (0.125 dollars);
33.33 million are public presales (0.15 dollars) and 60 million – this is the primary stage of sales (0.20 dollars per unit);
30% – pool to reward clients;
15% – 36 million Beond;
2.4% – campaign gifts and bonuses;
2% – teams and consultants.
Revenue from token sales will be directed to the spread of this market worldwide, to build a consumer base, develop additional software and services. Marketing budget – 9.2 million (45%) needed to cover advertising, sponsorship, events, etc.
The budget for platform development is 3 million (15%) required for product development, software and legal services; The operational budget of 4.8 million (24%) is required to cover the initial costs; The remaining 16% is tax payment. Project team
Whitepaper: https://www.zerocarbonproject.com/white-paper/
Twitter: https://twitter.com/ZeroCarbonPrjct
Medium Blog: https://medium.com/zero-carbon-project
Facebook: https://www.facebook.com/zerocarbonproject/
Instagram: https://www.instagram.com/zerocarbonproject/
YouTube: https://www.youtube.com/channel/UCILwm1XKqdCe507-x3cUArA
Reddit: https://www.reddit.com/r/ZeroCarbonProject/
LinkedIn: https://www.linkedin.com/company/zerocarbonproject/
Telegram Channel: https://t.me/ZeroCarbonAnnouncements
Telegram Group: https://t.me/ZeroCarbonProject
Token distribution:
51% is for sale;
20 million is a personal presale (0.10 dollars), 8 million is a personal presale (0.125 dollars);
33.33 million are public presales (0.15 dollars) and 60 million – this is the primary stage of sales (0.20 dollars per unit);
30% – pool to reward clients;
15% – 36 million Beond;
2.4% – campaign gifts and bonuses;
2% – teams and consultants.
Revenue from token sales will be directed to the spread of this market worldwide, to build a consumer base, develop additional software and services. Marketing budget – 9.2 million (45%) needed to cover advertising, sponsorship, events, etc.
The budget for platform development is 3 million (15%) required for product development, software and legal services; The operational budget of 4.8 million (24%) is required to cover the initial costs; The remaining 16% is tax payment. Project team
Energis Token:
As a token driven economy, the Zero Carbon Project will be powered by the Energies utility token, an ERC20 standard token built on the Ethereum blockchain. Energy suppliers will pay for transaction fees using the Energis token and 70% of the transaction fees received will be diluted back into a reward pool to incentive consumers for consuming Zero Carbon Energy, this will encourage a healthy community growth. Consumers will be able to trade this tokens for other fiat or cryptocurrencies on crypto exchanges.RoadMap:
Team:
Mor infoe:
Website: https://www.zerocarbonproject.com/Whitepaper: https://www.zerocarbonproject.com/white-paper/
Twitter: https://twitter.com/ZeroCarbonPrjct
Medium Blog: https://medium.com/zero-carbon-project
Facebook: https://www.facebook.com/zerocarbonproject/
Instagram: https://www.instagram.com/zerocarbonproject/
YouTube: https://www.youtube.com/channel/UCILwm1XKqdCe507-x3cUArA
Reddit: https://www.reddit.com/r/ZeroCarbonProject/
LinkedIn: https://www.linkedin.com/company/zerocarbonproject/
Telegram Channel: https://t.me/ZeroCarbonAnnouncements
Telegram Group: https://t.me/ZeroCarbonProject
fatik2020
https://bitcointalk.org/index.php?action=profile;u=2051372
0xa595e4E89F803718527C50dfB7D3397Db6910007
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