Le Lézard
Classified in: Environment, Science and technology, Business
Subjects: PDT, ACC

RENBDO Pre-ICO Creates Opportunities for Investors


LONDON, July 18, 2019 /PRNewswire/ -- RENBDO.io has just announced that the company is now prepared to initiate the pre-ICO campaign to kick-start the development of its blockchain start-up RENBDO or Renewable Energy Network Based on Decentralized Organization. The campaign's objective is to secure adequate funds for the installation of fifty-two wind turbines.

During this campaign, the project's proprietary Renewable Energy Token (RET) will be available for the investors at a 50% reduced price. This special pricing, however, will be available only for the first ten percent of the tokens sold. The sale of ten million tokens will mark the end of the pre-ICO phase and start of the ICO campaign. This pre-ICO is undoubtedly a not-to-be-missed opportunity for the crypto-investors looking to make a profit, while promoting green energy and building a cleaner future for the future generations.

Video: https://youtu.be/CxL-ql_o62Y

The upcoming pre-ICO campaign by Eco Smart Energies will officially introduce Renewable Energy Token (RET) to the investors. The company's prime objective is to create an ecosystem where the return on investment earned by the investors is directly related to the amount of tokens owned by them. This model is completely different from many ICOs that deliver unusable tokens. RENBDO is more likely bring in real time profit because the ownership of one RET token is equivalent to owning one asset in the company. Token holders will account for 90% of the total profits earned by RENBDO. The remaining 10% will be spent for maintenance purposes and for the employees.

Overexploitation of fossil fuels has now emerged as an alarming global crisis that demands immediate solution. Burning of conventional energy sources is linked to the emission of numerous air pollutants that cause damage to both public health as well as the environment. However, unfortunately, the conventional power sectors around the world continue to use coal. The use of wind energy is considered to be one of the most cost-effective alternatives to replace fossil fuels.

The idea of the RENBDO project was conceived by Eco Smart Energies Ltd to set up a wind farm comprising of fifty-two turbines. With a successful track record in production and distribution of electricity, the company undoubtedly has the experience and skillset to execute a project of this magnitude. Interestingly, the European Union irredeemable funds for green energy has already covered 70% of the required funding for this initiative. The upcoming ICO will cover the remaining 30%. 

Eco Smart Energies is already working on creating an application for the token owners that can be used to view the produced wind power as well as receive or send tokens. The token holders will also be directly involved in resolution of issues related to the wind farm's future. Most importantly, RENBDO also protects the token holders from fraudulent transactions and activities by eliminating middlemen. 

To purchase RET for a 50% reduced price, crypto investors are invited to visit http://www.renbdo.io/

About RENBDO: RENBDO or Renewable Energy Network Based on Decentralized Organization is an upcoming cryptocurrency start-up venture that aims to set up wind farms for the production of green energy. The primary objective of this project is to collect adequate funds for the installation of up to 52 wind turbines through an Initial Coin Offering (ICO). This project is the brainchild of Eco Smart Energies Ltd, an organization founded in 2015 by a group of industry specialists. Prior to the launch of the RENBDO platform, they were engaged in production and distribution of electricity.

 

SOURCE RENBDO


These press releases may also interest you

at 07:00
The Centrale des syndicats du Québec (CSQ) and its affiliated federations ? the Fédération des syndicats de l'enseignement , the Fédération du personnel de soutien scolaire (FPSS-CSQ), the Fédération des professionnelles et professionnels de...

at 01:00
SYSTRAN, the leader in neural automated translation technology, announces that EJADA, one of the leading digital services companies in the Middle East, has chosen its AI-based Natural Language Processing solutions to address, in a first stage, Saudi...

23 jan 2021
Guardian Energy Management Solutionstm, a Massachusetts based energy services provider, has been acquired by energy and software industry executive Domenic Armano, P.E. Mr. Armano, a seasoned executive with over two decades of sales, customer...

23 jan 2021
Pilots represented by Unifor Local 7378 have reached a tentative agreement with Sunwing Airlines. "I applaud the leadership of Unifor 7378 for their grit and determination in fighting for a collective agreement that benefits our members during these...

23 jan 2021
The U.S. Small Business Administration (SBA) announced that Raptamer Discovery Group is one of only 38 companies, seven organizations and 14 individuals in the country to receive the prestigious Tibbetts Award for their accomplishments in creating...

23 jan 2021
On December 21, 2020, Congress passed a bipartisan $900 billion COVID-19 relief bill, known as the Consolidated Appropriations Act (CAA), which was signed into law on December 27, 2020. The pandemic relief includes $25 billion directly to States,...



News published on 18 july 2019 at 17:59 and distributed by: