NB: Capella utilizes blockchain technology to adopt and revolutionize renewable energy.
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Capella Coin makes utilization of Keenly intellective Contracts that keep running on the Ethereum blockchain.
"Blockchain and Cryptocurrencies have paved the way for this generation’s industrial revolution, and we must give it the best opportunity to survive if we’re to pass on the baton to the millennial generation for it to thrive.
We have but one planet to live on. And while we absolutely should thrive and innovate, we must also take care of the environment for ourselves and future generations. Cryptocurrency, backed by the blockchain, is one of the biggest innovations in our history, and it is just getting started. The growth of digital currency has blindsided the world, and the power used in the crypto mining ecosystem is currently produced by non-renewable sources that pollute our air and water. This is a problem that is only getting worse, and it is only one example of the increasing energy demands of our population.
Creating a self-sustaining project in the crypto and blockchain space is the first step to encouraging further innovation and disruption in the renewables sector. To take it one step further, what if those projects invested a portion of their profits to research and development of green energy and renewable initiatives such as higher efficiency green energy sources, new renewable technologies and new forms of recyclables?"
With that being said, Capella coupled with Blockchain technology is aiming at decentralizing the market to the extent that rates will no longer be fixed by these centralized authorities and corporations, but by the market itself.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is CAPELLA?
The introduction of blockchain technology diminishes the effect and cost of middleman. The goal of Capella coin is to make optimum use of blockchain technology and ease the process for consumers and prosumers. With this approach, it becomes a cake walk for the consumers and prosumers to save, buy, or store energy.
Capella utilizes smart contracts that run on Ethereum blockchain. These smart contracts mint new capella coins and incentivizes prosumers for their injected green energy.
Capella coin tries to solve the existing problems of the ecosystem. With economic growth and development, the need for a better energy resource cropped up. Renewable energy is the most wanted in the current scenario.
When a group of blockchain enthusiasts got together, Capella coin emerged as a solution for the existing problems. When individuals realised that the blockchain technology can make a huge difference in conserving energy resources, it motivated them to create the most significant asset - Capella coin.
Capella's primary goal is to incentivize all types of renewable generators, making the world a safer place. Capella offers a P2P Energy Trading Platform. Also, we want the consumers and prosumers to be satisfied with buying, storing, and saving energy resources.
The company aims to make renewable energy the natural choice for the masses.
It will enable the following:
Buy and sell equipment and raw materials in the domain of renewable energy.
Investment in research and development of renewable energy.
Incentivizing new customers to use renewable energy sources.
The course of action Capella makes rely upon the commix of AI Powered App and the blockchain development. The App Matrix will make an area business focus more homogeneous to a neighborhood Micro-Grid to empower people to exchange imperativeness shared. While the blockchain organizes streamlines the organization of their trades, the genuine portion for essentialness will be done by Capella Coin.
How It Works?
For each 1 kWh of a sustainable power source, shoppers pay 1 Capella Coin. For each kWh of vitality distributed or exchanged, the shopper will pay 1 Capella Coin towards the blockchain to affirm the exchange.
Peer-to-peer Energy Trading platform
Capella has designed a native app named Matrix which will function as the trading platform bringing everyone to the table.
Internet of Energy
The Internet of Energy is built on the foundation of the Internet of Things (IoT) that will empower the consumers to be interconnected to achieve and run more efficient energy grids.
Smart and Instant Energy Management
With the advent of connected IoT devices and Smart city management, Capella paves way for the formation of Smart Grids that will result in communication between energy producers and consumers.
Capella’s Ecosystem is powered by Native AI-powered App Matrix that offers a plethora of options to efficiently run the Smart Grid and also help in demand management with Big Data Analytics.
Applications of Capella coin
USE OF CAPELLA COIN IN ENERGY PAYMENTS
Capella coins can be used as a medium to make the trading process of energy more seamlessly. As a prosumer, you can tap into the Capella Ecosystem and facilitate the energy market transactions.
PEER-TO-PEER ENERGY TRADING PLATFORMS
A local marketplace that trades renewable energy will bring a shift in the foundation of how green energy is being traded. Every prosumer can trade excess energy in the P2P platform without any hassles.
COMMUNITY DRIVEN ENTERPRISES
For prosumers who will make their home a green and efficient home can trade their excess energy among the consumers in the community-driven enterprise model. Among the localized communities, the trading of energy becomes hassle-free for consumers.
ARTIFICIAL INTELLIGENCE POWERED APP
Capella ecosystem's native AI Powered App Matrix will help a number of areas like Smart Grid Operators, demand management, Prediction using Big Data Analytics, energy storage, and recycling energy.
Strengths of Capella Coin
Roadblocks faced in traditional systems
Slower adoption of renewable energy
Centralized systems leading to hassles
Minimum understanding of Grid and its underlying utilities
Large loss of load balancing
Less usage of new age technology
The wallet facilitates easy transfer of tokens between retailers and wholesale markets. The tokens will act as certificates and the users will always know the source of energy. When the users send cryptocurrencies, they are sending the value in the form of a transaction. The Capella coin is designed as a reward mechanism for the encouragement of consumers. The tokens will be stored in the wallet for as long as the users need to trade energy.
To access the mobile wallet, the users need to download the application and start accessing it. Mobile wallets are considered safer than online wallets. This gives an upper hand for the Capella platform.
The Services of Capella coin
The Internet of Energy powered by Capella (IOE)
The Internet of Things (IoT) will connect the data-driven, interconnected, smart devices, smart grids, prosumers and consumers alike with more efficiency.
Creating diversity in energy
Energy suppliers are preferring to adapt to newer technologies that are currently being controlled by a credible number of energy suppliers. The transparent trade of green energy will bring more consumers to the table.
Smart and Instant energy management
Capella will enable the formation for Smart Grids that will enable the seamless communication between the energy producer and consumers as they are more energy-savvy that will reduce the overall usage.
Capella Distributed Energy Platform (CDEP)
Capella ecosystem and its native App Matrix introduces Capella Distributed Energy Platform (CDEP) for peer-to-peer energy trading. With smarter connected devices in the smart grid there lies a crucial transformation of traditional grid to smart grid.
Native AI Powered App Matrix for Capella Ecosystem
The AI powered App will help the Smart grid to work more efficiently along with infrastructure management that will predict the points of failure and optimize it better.
About The CAPELLA Token
Total Supply- 2,000,000,000
ICO Token Sale- 40%
Team and Founders- 20%
Future Release- 25%
Market Making- 5%
Soft Cap – 5 million USD
No Hard Cap
Use of Proceeds
VALUE OF CAPELLA COIN - 50 Cents
Expansion of operations – 25% of received funds. Expand the team, further develop tech infrastructure and boost global operational scalability.
10% will be used to expand our subscriber base and brand presence across the Globe.
20% will be used for Technical Development- Building the Trading App for Energy Marketplace and Building a complete trading platform for Green energy trading.
20% will be used for investment in research and development of Green Energy Projects in various across the Globe
5% will be used in spreading awareness and benefits of using renewable energy across the Globe through Seminars, Meetings, Social Media, Podcasts, and Webinars thus encouraging Prosumers to generate more power and sell on a distributed environment.
20% would be used to Install and execute Solar Power Generation Projects in rural areas, mega crypto-mining rigs, rural and semi-urban village micro-grids.
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.