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SolarStake

Bold Investments For Innovative Solutions

Solarstake is an asset-backed token where each token represents 1 watt of installed and revenue generating solar power. Net revenues from operation are reinvested into building out new solar installations, at which point additional Solarstake tokens are minted and distributed to existing tokenholders proportional to their holdings, thus retaining the 1 token = 1 watt relationship. Solarstake is unique in the space in that tokenholders have a real ownership stake in the underlying business, backed by an already built solar installation with a stable, 25 year fixed power purchase agreement. Funds raised are purely for expansion of this operating, profitable, low risk electric utility business.

2.0
1 0 expert ratings
Benchy 2.0
KYC
Experts
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Review: coming soon PRO
Ended
Token
SLRS
Type
Price in ICO
1.0000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
None
preICO start
1st Aug 2019
preICO end
30th Sep 2019
ICO start
1st Oct 2019
ICO end
31st Jan 2020
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About SolarStake

SolarStake is an Ethereum blockchain asset backed by tangible, productive renewable energy installations.

Each SolarStake token represents 1 Watt of installed solar power, which is feeding electricity into the power grid and generating revenue that is used to maintain the existing system and build out additional photovoltaic installations.

As more systems are installed, more SolarStake tokens are generated, which are distributed proportionally to existing SolarStake holders.

Each SolarStake token will always represent 1 Watt of installed solar power, and no additional tokens will be created until new solar power is installed, ensuring that each token will always be fully backed by productive renewable energy.

There is no complicated mechanism to SolarStake; just the reassuring backing of real world business, assets and revenues.

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