Bringing Renewable
Energy Credits to DeFi

Developing the first blockchain dApp enabling the purchase of verified Renewable Energy Credits (RECs) to offset electricity usage and contribute to global sustainability.

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The Grand Vision

This envisioned project aims to pioneer a transformative dApp that will reshape the renewable energy landscape. With a mission to streamline public access to renewable energy credits (RECs), we are committed to making them as mainstream and accessible as purchasing carbon credits. Through the development of an intuitive and user-friendly buying platform, individuals and businesses alike will have the seamless opportunity to acquire verified RECs, thereby directly contributing to the global sustainability effort.

Current Market Overview

The global Renewable Energy Credits (RECs) market is projected to reach $34 billion by 2030, fueled by an increased focus on sustainability and a global shift towards cleaner energy sources. As businesses and individuals prioritize cleaner energy, the REC market plays a pivotal role in catalyzing positive change and shaping a more sustainable future. One limitation of this market is the lack of online platforms for purchasing RECs, which hampers accessibility and convenience for individuals and businesses seeking sustainable practices. This limitation not only obstructs widespread adoption and diversified support for renewable energy projects, but also impedes progress towards a more environmentally conscious future by limiting online engagement. Our goal is to change this!

Project Overview

Join us on the path to a cleaner, greener future with Renewergy Ecosystem. As we diligently craft our REC dApp and introduce innovative features like NFT RECs, we're excited to invite you to participate in something extraordinary. While our project is still in the making, we're thrilled to invite you to be part of something extraordinary.

  • REC Purchase dApp

    Easily acquire Renewable Energy Credits (RECs) to offset energy usage and support sustainable projects.

  • REC Buyback

    Every 100 transactions, 1 REC will be purchased to offset dApp's energy consumption.

  • Enhance Transparency and Credibility:

    Ensuring authenticity and integrity by exclusively offering verified RECs backed by blockchain solutions.

  • Fund Renewable Energy Projects:

    Long-term goal of financing green energy initiatives, creating a REC ecosystem.

REC Purchase dApp

The first of its kind blockchain dApp that will provide a seamless purchasing experience for anyone looking to offset their electricity usage.

  • User-Friendly Interface

    A sleek and intuitive interface ensuring a visually appealing and seamless experience.

  • Utility Token $RYE

    Users will utilize $RYE tokens as the primary medium for interacting with the dApp.

  • Verified Renewable Energy Contracts

    All RECs offered will be certified by Green-e, guaranteeing their authenticity and legitimacy.

  • NFT Mint

    NFTs serve as immutable proof of ownership and transaction history, providing users with transparent and verifiable documentation of their REC purchases.

Token Details

  • Token NameRenewergy Ecosystem ($RYE)
  • Total Supply100,000,000 Fixed
  • Native TokenSOL
  • Tax5% Buy, 5% Sell
  • Contract AddressCY1X2trzmbmguUpSoKJcVAkeX8RTwNEQsRh2Q7YENx7n

Token Distribution

The $RYE token allocation plan designates 5% for marketing efforts, 5% for the team, 5% for treasury, 5% for development, and the majority, 80%, for public distribution. This strategic allocation aims to ensure a balanced focus on promoting the project, supporting the team, facilitating development, and fostering widespread community engagement.

Roadmap

Stage 1
Q1 - 2024

  • Launch $RYE Token
  • Contract Audit
  • CMC & CG listing
  • Whitepaper launch
  • Build Community

Stage 2
Q2 - 2024

  • Migrate to Mainnet
  • Purchase RECs every 100 transactions
  • Onboard REC providers
  • Curate Strategic Partnerships

Stage 3
Q3 - 2024

  • Develop NFT Verification
  • Launch REC dApp
  • Begin Extensive Marketing Campaign

Stage 4
Q4 - 2023

  • Improve REC dApp capabilities
  • Fund RE projects using Treasury
  • Further Update Roadmap

Frequently Asked Questions

  • What are Renewable Energy Credits (RECs)?
    RECs represent one megawatt-hour of renewable energy generation. Purchasing RECs allows individuals and businesses to support and offset their electricity usage with clean, renewable energy.
  • How Will The dApp Work?
    The dApp will utilize blockchain technology to facilitate transparent and secure transactions for the purchase of verified RECs. Users can explore, select, and buy RECs using the $RYE token. Once a REC is purchased, an NFT will be minted as a proof of purchase.
  • How Will Renewergy Ensure Transparency in REC markets?
    Renewergy will ensure transparency in REC markets by striving to only offer Green-e verified RECs, the leading verifier of RECs. This will certify the legitimacy of all transactions, providing users with confidence in the authenticity of their purchases through a trusted and established verification process powered by blockchain technology.

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Disclaimer- Please be advised that this project is currently in a developmental phase and is subject to potential changes, adjustments, or modifications to align with evolving regulatory requirements. The team is dedicated to navigating these challenges and will strive diligently to realize the project’s intended goals. However, as with any dynamic project, unforeseen circumstances, regulatory developments, or other external factors may influence the trajectory and features of the initiative. Users are encouraged to stay informed through official announcements and updates, and the team will make every possible effort to uphold transparency and communicate any significant changes promptly.