Project Goal:
Our goal is to enhance transparency and efficiency within the «Renewable Energy Certificate» market by creating an efficient and transparent platform on the Tron blockchain.
Project Value:
Renewable energy certificate represent ownership of non-power aspects of renewable electricity generation. However, their current complexities in pricing and trading exacerbate financing challenges in the capital-intensive energy sector. Our platform aims to address these issues by providing transparency and efficiency in the REC market.
Project Info:
Our platform is built on the Tron blockchain, primarily utilizing an NFT contract (TRC-1155) and reference pools for fractional ownership, as well as CN tokens (TRC-20) to represent energy attributes with a 1MWh nominal value.
Project Details:
Users create NFT tokens representing their certificates, which are then transferred to pools using fungible tokens for fractional ownership. These tokens, referred to as 'CNs,' can be utilized in any web3 application that supports the asset standard. Through the energy token NFT, users receive pool tokens that can be sold for stablecoins on any decentralized exchange. On the other hand, companies interested in purchasing certificates can deposit the acquired CNs tokens and receive the corresponding NFT, which represents the renewable energy certificate. By claiming these certificates, users apply these attributes to the energy they have consumed.
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