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W Green Pay

Blockchain from W-Foundation's HOOXI Campaign

W Green Pay (WGP), globally first blockchain rewarding individual’s Greenhouse Gas (GHG) reduction efforts. WGP is the reward method for HOOXI app of W-Foundation (nonprofit international organization)'s HOOXI, Korea's government-backed GHG reduction campaign. HOOXI app will sustain its business by trading its carbon emission units based on the aggregated GHG reduction data in Korea's KETS (Korea's Emissions Trading Scheme) market. Systemically embedded demand for WGP supports its market liquidity and value.

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Benchy 4.8
Experts
3.0
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2.8
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Ended
Token
WGP
Price in ICO
2.0000 USD
Country
Whitelist/KYC
KYC
ICO start
1st Oct 2018
ICO end
2nd Oct 2018
More on ICO
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About W Green Pay

W Green Pay ("WGP") is a ERC20 token that operates on the Ethereum blockchain. The aim of W Green Pay is to increase the public’s participation in GHG (Greenhouse Gas) reduction. W Green Pay will provide the means of incentivizing the public for their GHG reduction efforts.

The HOOXI App will track and aggregate individuals’ GHG reduction data, based on which W-Foundation will be allocated KOC (Korean Offset Credit) - carbon emission units traded in the Korean market. Through HOOXI campaign, financial incentives of KOC-based carbon trading will no longer remain as the sole domain of corporations and institutions and will be open to individuals.

W Exchange is set to launch in March 2019 under the Korea Electric Power Corporation (KEPCO) approval. W Exchange is expected to be a KETS-eligible business entity. KOCs from HOOXI App will trade at KRX through W Exchange.

The introduction of W Green Pay allows the objective of this project to be implemented in a scalable and sustainable way. The public and the global community, on an individual level, will be given the opportunity to play an active role and be rewarded for the reduction of GHG emissions. The resulting platform will give everyone the opportunity to unite in the cause of building a better future.

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ICO KYC Report
2 members invited
Wook Lee
Passed
Youree Lee PH.D.
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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ICO Market Report - November 2018ICO Market Report - November 2018

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