Eco Smart Energies, a company focused on environmentally-friendly energy, is offering investors the chance to participate in its Renewable Energy Network Based on Decentralised Organisation (RENBDO) project by buying Renewable Energy Tokens (RETs).
For 15 days, 10% of the RETs will be sold at a 50% pre-sale discount via a cryptocurrency system. The project aims to build a wind power farm, with up to 52 wind turbines, to generate green energy.
Cryptocurrency provides minimal processing fees, decentralization and blockchain security for global buyers of the RETs, giving an advantageous introduction to green energy investing.
Eco Smart intends to use the wind-produced electrical energy from the turbines to create a tangible asset for the buyers of the RETs. They will be able to follow the generation of wind energy and will have the opportunity to participate actively in future issues related to wind farms.
The world is waking up to green energy alternatives to the use of fossil fuels, with investors becoming more interested in cryptocurrency applications for green energy companies.
According to Bloomberg, cryptocurrency carries risks, but it has the potential to become a significant part of the economy. Eco Smart Energies is therefore providing an innovative way for investors to participate in and support green energy production by investing in RETs.
In a press release, Eco Smart Energies said that “these turbines are capable of producing mechanical energy that can be transformed into electrical energy, using wind energy converters linked to power distributors” and added that “ownership of one RET is equivalent to owning one asset in Eco Smart Energies”.