Overview :
Zero carbon project is a subpart of Beond which has been established since 2003. Beond
Is into energy consultancy services which provides businesses innovative solutions and become more energy efficient. They introduced zero carbon project in the year 2018 to solve the problem of affordability of renewable energy sources. Zero Carbon Project aims to take advantage of international credit systems to provide energy to the consumers at lower prices. This will reduce carbon emissions into the atmosphere and solve the major environmental issue.
Problem :
Climate change is the major environmental issue our Earth is facing. Due to the emissions of more and more green house gases into the atmosphere has severely affected the environment. Greenhouse gases are emitted into the atmosphere by the consumption of non-renewable energy resources such as fossil fuels. These greenhouse gases are responsible for rise in the temperature of the atmosphere.
To solve this problem switching to renewable energy resources like solar energy, wind energy, tidal energy was considered the perfect solution. But again, came the problem of affordability. The infrastructure required for extraction of energy from such resources proved to be very expensive. Hence consumers had no option but to use non- renewable resources.
Solution: The Zero Carbon Project
Zero Carbon Project have come up with the solution of providing energy to the consumers at lower prices than renewable resources by using international carbon credits. Carbon credits are the permits which allows one to emit a certain amount of carbon dioxide or any equivalent green house gas into the atmosphere. Thus, this limits the emission of green house gases. The carbon credit holders can sell their credit to other parties.
Zero carbon project provides a list of energy suppliers to the consumers. The consumers can then decide which supplier to choose based on the price which they offer. In this way consumers can participate in solving the environmental issue and can also get rewards in return for choosing Zero Carbon Project.
Energis Token :
This project has used blockchain technology to introduce energis tokens which can be used to reward consumers for switching to zero carbon project. This can drive in more consumers to use this ecosystem and helps them to solve the environmental issue.
The demand and supply of energis token is balanced by distributing these tokens to the consumers for becoming part of this project or for influencing more people to join in. These token owners can then sell these energis tokens into the market to third party crypto exchangers. The energy suppliers which are the part of zero carbon project will buy these tokens from the third party crypto exchangers.
Team
Derek Myers – CEO
Derek acquired Beond in 2003 and has since worked on developing its offering, servicing its clients and building the team. He is the Chairman of West London Sustainability and Climate Change Commission.
Alastair Hutson - MD of Beond
Alastair has worked in the energy industry for over 18 years. He established European energy trading operations for large US businesses including Aquila Energy and Duke Energy; and Southern Electric in the UK.
Philip Louw - Software Manager & Developer
Phil is Beond’s IT Manager and has spent the last eight years driving the development of Beond’s unique energy procurement software. Prior to joining Beond, Phil worked as a programmer on large banking software infrastructure and security projects for S1 Corporation
Token Matrix :
Token - NRG
Pre ICO-Price - 1 NRG = 0.15 USD
Price - 1 NRG = 0.2 USD
Platform - Ethereum
Accepting – ETH
Hard cap - USD 5,000,000
Soft cap - USD 2,000,000
Country - UK
Verdict
Pros:
• The parent company of this project, “Beond” has achieved many milestones and has over 600 clients. This gives a strong base to its new project.
• Zero carbon project has a point of differentiation from its competitors like power ledger. Instead of been peer to peer network, zero carbon project uses carbon credits to deliver energy at lower price.
• This project has same team as that of Beond who have been working on the same category for years. This gives advantage for their new project to boost up in the market.
Cons:
• The prototype of this project is not yet released.
• They have 646 followers and around 1030 members on twitter and telegram respectively which is less for an ICO.
• There is risk associated with energis tokens as their value may fall in future due the volatile nature of crypto market.
• They need to restructure the content of the whitepaper since important terms have been explained in detailed at the end which needs to be understood first before reading the entire content.
Whitepaper: https://www.zerocarbonproject.com/white-paper/
Website: https://www.zerocarbonproject.com/
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c
