How could I have overlooked this one? Just listen to this. I'm not sure if Powerledger will become the big winner, but ideas like this - and especially this idea in particular, will be HUGE. That's why this is a token i will invest quite a bit in. Really cool. I haven't really bought a lot of something since Bitcoin Cash. Just been buying really small caps with small sums. This is a medium cap at $330 million, but it could easily 10x short/medium term. And not only is it about making money - these kinds of projects could change the world for the better. I can't guarantee that Powerledger will be the one, but they sure seems to be on their way.
https://powerledger.io/#papers
Basically this project wants to give power back to the people when it comes to power and electricity. They think the power balance between consumers and centralized power authorities is skewed. The booming market in distributed energy resources like solar photovaltaic systems, batteries, microgrids and embedded networks has moved the power balance from central authorities to citizens. And will continue to do so in the years to come.
Power ledger does that, and here are some of the things it can do.
Microgrid network operator
This type of Platform Application enables electricity metering, big data acquisition, rapid micro transactions and grid management at an unprecedented granular scale. Trading in embedded networks breaks the nexus between generation ownership and energy consumption meaning value can be derived from an investment in DER even if the investor is absent or doesn’t consume all the energy they generate.
Autonomous asset management
This current Platform Application allows for (1) shared ownership of renewable energy assets and (2) trading renewable asset ownership. The AA is able to buy and sell its own electricity and distribute its income to assigned wallet addresses.
And much more
Great name, good team, good ideas. What can you say? This is probably not a 10x'er or 20x'er short term, but something to hold for a longer amount of time.
I am not a professional financial advisor, and this is just me telling you about what I bought - based on my own thoughts. You should never take financial advise from a viking.
Great find! Will definitely research these guys.
As technology becomes more dependent on automation- and internet of things takes off- it would make sense that we as individuals will become the caretakers for all these personalized networked devices. This leads one to believe that a centralized power grid will only serve to hinder progress.
I'd love to see a world where each of us can harness energy and allocate it at-will wherever its needed!
Exactly!
Nice analysis, Viking. What convinced you that they can deliver this promise of taking away electricity from central powers, I kid you not I have seen this problem takled by many great minds in so many creative ways, but With power ledger is anything but a promise.. what convinced you they can achieve such a feat ?
Solar Dao or Hidro Miner look so much closer to getting this problem solved to me.. Not sure what is it that I am missing when looking at power ledger.
What? Hidro mining is just mining with hydro power.
powerledger is something completely different. Its about controlling energy and power, not just mining cryptos.
Wow! Thanks for bringing this to light as there could be tremendous opportunity in taking a buy position on this crypto asset.
I'm definitely a fan, and have been moving in on it slowly, but surely.
Yesterday my friend told me to check this out and now you! Okay, I really should check it out :)
Any advice on where to find/buy this coin?
Cheers!
I think you would be better off just buying a solar panel...then use free electricity to mine something...
Nono..it's not just about the mining part with Power ledger. They're thinking much much broader. Read a little bit into it please :)
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Hahaha why not? They have done quite well.
A competitor of power ledger is coming. Its called We Power.
We liked PowerLedger from the moment we decided to invest, unfortunately we didn't invest a heap but we did buy when it was at $0.26 USD.
Its an Australian startup and the idea behind it is a wonderful one that I think will help many, especially with the rising cost of energy.
Merry Christmas, a great present to yourself!