HydroCoin will be the first cryptocurrency for the blockchain community empowering the hydrogen industry. It enables the blockchain community to participate on hydrogen technologies. It will be an unique way to invest in companies, projects and new technologies for hydrogen production. It is the first cryptocurrency coin to build a new decentralized system of clean energy production. Hydrocoin is the first token that is more than a tradeble crypto-currency: it is also a certificate for clean renewable fuels, and a currency to purchase clean fuels at certified stations.
Abstract: We design and create HydroCoin to be the currency for the hydrogen age. It will ensure that future clean technology will be used with clean fuel only, without the need for the use of fossil energy. HydroCoin will be the first currency that enables the owners to decide what technologies will be supported by the community. When products appear from such technologies (i.e. gas, hydrogen, electricity etc.) the owners of HydroCoin will be able to buy energy-products from all supported technologies using HydroCoin as a currency. So this currency and its market price will reflect the current development-phase of clean energy, and the availability of clean fuel.
For Technology providers the HydroCoin will be a way to become certified as a clean – future – technology by the community. Companies that are providing clean technologies can buy HydroCoin to collect votes, and participate in new clean technologies.
For Energy providers the acceptance of HydroCoin as a valid currency for their products will give benefit from the community as a clean-fuel provider that is certified by the community.
For Users the HydroCoin will be a valid currency for clean energy. Using this coin counts as a vote for clean energy. First products that can be purchased using HydroCoin will appear in the year 2020. The coin can be traded on many platforms. HydroCoin will use the ERC20 – technology and can be stored in almost every Ethereum-compatible wallet after the ICO-period is finished.
For the world, HydroCoin is a big chance to turn the traffic from combustion-engines using fossil fuel, to electric engines using clean fuel.
One hope for our energy future lies in hydrogen - an infinitely renewable and relatively pollution-free fuel that scientists see as a viable alternative to fossil fuels. Before I looked through this project I had no idea about that. Realizing that not many people understand the need for the technology (or even have heard about it) I’ve made a short study and I’m ready to give you a kind of summary. The interest in hydrogen as an alternative transportation fuel is based on hydrogen's ability to power fuel cells in zero-emission electric vehicles, its potential for domestic production and the fuel cell vehicle's potential for high efficiency. Fuel cell vehicles use hydrogen gas to power an electric motor. Unlike conventional vehicles which run on gasoline or diesel, fuel cell cars and trucks combine hydrogen and oxygen to produce electricity, which runs a motor. Their range and refueling are comparable to conventional cars and trucks. In the US about 500 hydrogen-fueled vehicles were in use in 2016. Production of hydrogen cars is limited because people won't buy hydrogen cars if refueling stations are not easily accessible and companies won't build refueling stations if they don't have customers with hydrogen-fueled vehicles.
This is really a challenging project. The idea is clear. It’s wise that the founders of HydroCoin decided to create the foundation supporting the development of technologies for clean hydrogen production. I could find no evidence that the team have the technological capabilities, expertise and experience required to succeed. Most of the points of the project are technical, but I see only one technical adviser. The project isn’t backed by the community – the ICO forum and the Telegram chat are almost dead. More work is also needed to provide a comprehensive WP (further refinement of technical, product & economic issues). But even so, I would like to support this undertaking.
Heiko SchumannICO team member replied on 16 Apr 2018
Hello, today the HydroCoin - team choose Simple.fuel as the system to build-up the infrastructure. We will install 100 such stations from the incoming money. Additional we will install 1000 quick-charging 20kW - 50kW stations to charge EV. All stations will accept HYC as a payment-option, and the upcoming SmartApp will give HYC-owners more benefits, like checking the loading-status of a pump, and reserve a pump up to 2 hours in advance.
Advisor, IT entrepreneur, information security expert. Rated on Jan 15, 2018
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This rating's weight is reduced by 50% as there is no review added.
Heiko SchumannICO team member replied on 17 Apr 2018
Hello, today we announced our partnership with Simple.Fuel, SmartFlower and Setec Power to build-up an infrastructure of 100 Simple.Fuel - stations and 1000 Dual-Power rapid EV-charger. Every station will be equipped with our rasberryPi - based payment-solution that also acts as a hub in our future payment-network. Also the first existing gas-stations were added to our map providing information of clean renewable fuel provider.
Serial Entrepreneur | Growth Hacking ICOs & Blockchain Services| Advisory Rated on Mar 20, 2018
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Is this project serious? The information is totally incomplete, the website and investment process looks scammy and the ICO USD equivalent target is ridiculous... I honestly didn't look at the team in specific, just a quick glimpse but I can't take them serious setting up such targets with the provided quality.
Early Bitcoin Holder / Ethereum ICO Investor Rated on Jan 22, 2018
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Interesting project.
I will update my rating as the project develops.
Hydrogen energies are basically infinite. Great vision. You can have bad weather and still have hydrogen. :)
Heiko SchumannICO team member replied on 11 Apr 2018
Hello, we just sent our application to the german government-platform https://www.oip.netze-neu-nutzen.de/ideas/show/842 as a best-practice - idea for blockchain technology.
We also visiting the Hannover Messe on 24th April to meet with industry. There is already a dutch company to develop a range-extender for Electric vehicle for use with our HydroCoin - infrastructure.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Start of Research and Development Absorption Enhanced Biomass Gasification
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30.09.2018
End of ICO
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After 01.10. 2018
HYC will be placed on trading platforms
Investment in technologies to produce clean hydrogen and sell it on gas-stations
Investment in development of new technologies to produce clean fuel
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31.12.2018
First release of HYC NFC card
First release of HYC mobile app
