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Energi Token

Ended
Ended: Jan 31, 2018

Energi Mine is a fully functional commercial entity based in Manchester, United Kingdom, with operations, sales, finance and administrative functions. The company currently manages over $140m worth of energy on behalf of its large Industrial and Commercial customers. We look after approximately 1,100 customer sites across Europe, UK, France, Belgium & Netherlands. Customers include one of the largest law firms in the world, one of Europe’s largest fuel retailers and the UK’s largest independent construction materials group. We use Deep Learning Artifical Intelligence models in our core offering, to streamline the energy procurement process. Through this , customers have access to energy consumption insights like never seen before.

AI + Blockchain for energy markets.

Reduce Global Energy Consumption

Global energy consumption is increasing, having huge impacts on the environment and our wallets. Governments, corporations and regulators have tried to address this issue by persecuting consumers in an attempt to get them to change their behaviour, however, to induce change on a global scale, consumers need to be incentivised, not persecuted. Energi Token is the solution, it is a reward scheme with real monetary benefits to it's users incentivising consumers to be more mindful of their energy consumption and reduce their overall carbon footprint.

Decentralizing Energy Markets by Rewarding Energy Efficient Behavior

Rewarding energy efficient behaviour

Website

energitoken.com

Not Verified

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ICO Details

Ticker Symbol:
ETK
Platform
Ethereum (ERC20)
Accepts:
ETH
Hard Cap:
15,000,000 ETK
Country:
Gibraltar
Total supply
2,307,692,310 ETK

Public Crowdsale

Ended
Date Sale:
Nov 17, 2017 — Jan 31, 2018 @ 75 days
Sale Avalable Tokens:
15,000,000,000 ETK @ 650.0%
Price:
1 ETK = 0.0295 USD (0.000030 ETH)

ICO Overview

Energi Mine is an AI+Blockchain company, with its main offiice in Manchester, UK. They trade energy on behalf of large businesses throughout Europe, currently managing over $140m of energy. They are building our blockchain solution to decentralise energy markets and create a platform that rewards energy saving behaviour.

Energi Mine is a fully functional commercial entity based in Manchester, United Kingdom, with operations, sales, finance and administrative functions. The company currently manages over $140m worth of energy on behalf of its large Industrial and Commercial customers. We look after approximately 1,100 customer sites across Europe, UK, France, Belgium & Netherlands. Customers include one of the largest law firms in the world, one of Europe’s largest fuel retailers and the UK’s largest independent construction materials group. We use Deep Learning Artifical Intelligence models in our core offering, to streamline the energy procurement process. Through this , customers have access to energy consumption insights like never seen before.

About Energi Token Energi Mine aims to decentralize the $2 trillion global electricity markets which are naturally closed and controlled by a handful of large players. Energy companies are currently incentivised to sell more energy and at the highest possible price. The market for power (electricity) generation is naturally becoming decentralised, in that more and more individuals and businesses are generating their own energy through renewables. However, they are still selling this energy back to the big energy companies. Energi Mine is creating a platform that matches customers with smaller generators, as well as creating a global eco-system whereby users are rewarded with tokens (Energi Tokens – ETK) for energy-efficient behaviour. We believe that when it comes to energy, reward mechanisms must have a financial benefit to the user before behavioural change occurs. Therefore, we believe that the tokenisation of the market will be the only real driver to create a more energy-efficient system. For example, if a commuter is encouraged to use public transport by the Local City Authority, they could be rewarded by being given ETK. ETK then has a cash value, but could also be used to pay directly for the commuter’s domestic energy bill, or charge their EV. Our goals are to reduce energy consumption globally, and create a token-based platform, which provides financial incentives to reward energy saving behaviour.

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Team

Rebecca Grisewood
Legal Counsel
John Towsend
CFO
Philipp Eggert
Senior Engineer
Omar Rahim
CEO
Alain Richardt
CTO
Ralf Meyer
Senior Engineer
Hannah Drake
Head of Operations
Momin Hashmee
COO

Advisors

Moe Levin
Advisor
Michael Terpin
Advisor
Sid Sadique
Advisor
Yacine Terai
Advisor
Eddy Travia
Advisor
Rupert Redesdale
Advisor
Tony Xhufi
Advisor

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