Grid Energy Dao

Making Crypto from Excess Energy Generated by Solar Panels in the Neighborhood.

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Inspiration We were inspired by NYC's growing solar infrastructure (6 gigawatts and counting) and a critical problem: 10-15% of peak solar energy is lost due to grid limitations. With ConEd's Smart Share already providing data access but no trading capabilities, we saw an opportunity to create a solution that would empower communities to take control of their energy future.

What We Built Grid Energy DAO is a community-powered microgrid platform that enables:

  • Peer-to-peer energy trading through email-based wallets (Verbwire)
  • IoT-powered energy monitoring and automation
  • AI-driven optimization using real-time USEIA data
  • Blockchain-based energy credits (GED tokens)

How We Built It

  1. Frontend: React-based dashboard for energy monitoring and trading
  2. Blockchain: Polygon L2 for efficient token transactions
  3. Integration:
    • Verbwire API for seamless wallet creation
    • IoT system for real-time energy monitoring
    • AI prediction engine for optimal energy distribution

Technical Innovation

  • Used Verbwire's WaaS for email-based crypto wallets
  • Implemented IoT monitoring for automated energy tracking
  • Integrated AI for predictive energy distribution
  • Built on Polygon L2 for scalability and efficiency

Challenges

  1. Making blockchain accessible to non-crypto users

    • Solution: Email-based wallets through Verbwire

  2. Real-time energy monitoring

    • Solution: IoT integration with smart meters

  3. Optimal energy distribution

    • Solution: AI-powered prediction engine

What We Learned

  • Blockchain can solve real-world problems when made accessible
  • IoT and AI can work together for better energy management
  • Community-focused solutions need simple user experiences

What's Next

  • Expand to more NYC neighborhoods
  • Enhance AI predictions with more data
  • Develop mobile app for easier access
  • Partner with more solar providers

Our project demonstrates how emerging technologies can work together to solve real community problems while keeping the user experience simple and accessible.

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