Environmental pollution has become a menacing problem worldwide. Waste disposal is also another issue countries have to grapple with. It gets even worse as most countries still rely on fossil fuels for power generation which further depreciates the earth.
One company has turned to the blockchain technology to solve this crisis, and that company is Veio.
Veio seeks to revolutionize the renewable energy industry through incorporating the blockchain technology.
What Is Veio?
Veio has come up with an innovative model for the renewable energy industry which will integrate the use of blockchain with other innovative technologies to incentivize people to convert waste into electricity.
Its platform will provide an incentive to people by awarding coins (Veio coin) to individuals who collect waste and send it to companies on its platform which convert the waste into energy.
It intends to make the world a better and safer place to live in for this generation and the next. Veio has sustainability as one of its pillars, and it recognizes the role of renewable energy in saving the planet.
Veio decided to use the blockchain technology because of the advantages the innovative tech brings to the renewable energy sector. These advantages include:
- It brings peer-to-peer services closer to consumers and producers.
- It provides increased transparency and accountability.
- It offers local energy self-sustainability.
Veio Blockchain Renewable Energy Cryptocurrency Benefits
Deposit Your Waste With Veio Energy Partners
You no longer have to feel guilty for dumping your waste at any dump site or plant. Veio offers you the opportunity to conserve the environment by taking your waste to any of its energy partners near you. You can also request for a waste pickup right at your place from any partner providing pickup service. You will take pride in knowing that your actions help to make the environment greener and the world a better living place.
Get Paid With Veio Coin As Incentive
Once Veio’s energy partners have received your waste, they will immediately transfer an amount of Veio Coin to your ethereum wallet that corresponds to the amount of energy generated from your collected waste. This move will encourage individuals to make large waste deposits which will lead to an increase in energy production.
Purchase Energy Products And Services With Veio Coin
After you receive your Veio coin, you can spend it on electricity products, bills and buy goods especially energy products from their energy partners and agencies. Everyone on the platform can benefit.
Transact Between Friends And Colleagues
Transferring your Veio coin to friends, colleagues and business partners as a medium of exchange is easy. Veio coins can also be exchanged for other cryptocurrencies on crypto exchange platforms.
Veio VEO Token ICO Details
Pre-ICO Token Offering
- Token Symbol: VEO
- Begins on 14th June 2018 (12:00AM GMT) – 1st July 2018 (9:00PM GMT)
- Number of tokens for sale: 100,000,000 VEO (20%)
- Tokens exchange rate: 1 ETH = 10,000 VEO
- Acceptable currencies: ETH
- Minimal transaction amount: 0.1 ETH
ICO Token Offering
- Begins on 30th July 2018 (9:00AM GMT) – 1st September 2018 (9:00PM GMT)
- Number of tokens available: 250,000,000 VIO (50%)
- Tokens exchange rate: 1 ETH = 9,000 VEO
- Acceptable currencies = ETH
- Minimal transaction amount = 0.1 ETH
- Core token sales – 70%
- Team share – 10%
- Partners and advisors – 10%
- Bonus and reserve – 7%
- Bounties – 3%