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Re: Wordonthastreet post# 17733

Wednesday, 07/04/2018 11:01:28 PM

Wednesday, July 04, 2018 11:01:28 PM

Post# of 26233
This clearly explains how impacts BLOCKCHAIN will work......Mapquest is for funding projects...the same as this stock is used......and gen should be thought of as an in game currency....where you log into your account......pay with your debit card....and now have in game currency to purchase what you want....exact same thing with energy....customers will buy gem credits with a bank card from their phone.....and then use the credits to purchase electricity......see the articles below.....hope this helps.......amo......big stuff btw.......flat

https://hackernoon.com/how-impact-ppa-is-going-to-revolutionize-energy-using-blockchain-9ddb6ea5b33a


This financing issue is where Impact PPA steps in. This innovative company is using blockchain technology to create smart PPAs, or Purchase Power Agreements. Two different tokens based on the Ethereum platform are used to decentralize and democratize DEG funding. Users who are interested in financing a DEG project, such as a wind turbine or a solar farm, submit their project to the Impact PPA community. Holders of MPAQ tokens use dedicated cryptos to allocate funds to projects they find worthy.
When projects reach a critical mass of funding, the platform creates GEN Credits, separate tokens representing energy generated by the project. Users of energy from the project pay by buying GEN Credits and using them to pay-as-they-go for their energy needs. Profits are reinvested into the existing ecosystem and eventually into buying back MPAQ tokens, creating a self-sustaining financing cycle.


https://www.impactppa.com/token-sale/
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