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#Construction & Manufacturing, #Technology All projects

WePower: Green energy trading platform

WePower enables renewable energy producers to raise capital by issuing their own energy tokens

stage Ended crowdsale

4.1 Rating

by 4 users


    • Employees25


    man Nikolaj Martyniuk

    Co-Founder and CEO

    With a background in international renewable energy development from plant construction to energy sales through independent energy suppliers. Nikolaj is responsible for overall strategy and business development. He is also one of the founding partners of Smart Energy Fund.

    man Artūras Asakavičius


    With a background in regulation and Fintech. For the past 5 years, he led a team of lawyers, responsible for all FinTech, blockchain, and cryptocurrency related businesses and regulation at the biggest law firm in the Baltics - Sorainen. Arturas is focused on investor relations and legal aspects of the business. He is also chairman of the Lithuanian Fintech Association and twice recognized as a Lithuanian Crowdfunding Patron by the EU Commission.

    man Kaspar Kaarlep


    Kaspar previously was the CTO of a large National DSO, and has worked on the green energy integration and Smart Grids challenge from different angles for 7 years. He was responsible for development and execution of the DSO strategic plan, and their Smart Grid technology roadmap as well as the management of the overall Information Technology and Operational Technology enterprise archi-
    tecture. Kaspar is a well known speaker at European conferences regarding energy systems digitalization, specializing in building and implementing big data analytics systems and smart meters.

    man Heikki Kolk

    Complex system architecture

    Heikki is the Principal Consultant for Catapult Lab’s consulting services team. In this role, he leads the overall activity of our three consulting service offerings; Systems Integration, Post-Security Risk Assessment Support, and Business Analysis & IT Governance Support. Prior to working at Catapult Labs, Heikki worked for Elektrilevi, the largest distribution system operator in Estonia, holding different positions over 10 years. He started as a SCADA engineer, participating in and leading different projects such as the transition to IP-based SCADA networks and upgrading Elektrilevi’s SCADA system. Later he was responsible for defining control center usecases in all major IT development and implementation projects in Elektrilevi, including a customer information system, several asset management systems, and smart metering systems. While he was the Smart Grid architect, Heikki consulted with colleagues in defining new solutions like advanced analytics, demand-side response and distributed generation management platforms. Kaspar and Heikki bring together a team of 12 energy engineers and ex-Skype programmers with a commitment to connect WePower to the energy infrastructure to become the new generation utility company.

    man Trevor Townsend

    Startupbootcamp Australia energy program manager

    Trevor is head of this Energy program and has an extensive background in Melbourne as an investor, director and founder. He was the Managing Director, Australasia at TIBCO Software, a Silicon Valley startup, which listed on NASDAQ in 2004, and designed the first wholesale energy software trading system in Australia during this time. He also has over 15 years of angel investing experience with numerous exits including two ASX listings.


    man Saber Aria

    Saber is CEO and Founder of two prominent digital marketing agencies, each with a diverse portfolio of clients including several fortune 500 companies. Saber has a passion for seeking out and assisting emerging start-ups both as an advisor and investor. He focuses his council not only on brilliant business ideas, but just as importantly, the teams behind each project. Saber’s marketing and advisory experience has lead him to be a keynote speaker in several events such as Affiliate World Asia where he inspired the crowd with his panel “0 to 7 Figures in One Year”.

    man Aaron Bichler

    Aaron is a former poker professional, who has been using his deep knowledge of game theory and risk management successfully in the cryptocurrency market for several years. He has founded two flourishing digital marketing agencies with major international clients including fortune 500 companies.

    man Darius Rugevičius

    Darius is experienced in building and growing successful technology based business, having sold two of his previous start-ups in the past 4 years alone. Using his skills to implement effective growth strategies, propel execution, and meet deadlines, he has assisted companies operating in the blockchain, fin-tech, robotics and biotech sectors. In the past year Darius has worked with numerous ICO projects, helping them to develop a successful ICO strategy, marketing plan and token model.

    man Henri Laupmma

    Founder of Hooandja, CEE region’s first non-profit crowdfunding platform with over EUR 2M raised for creative and NGO projects. Over a decade of experience leading software and web development projects, including initiatives such as Arenguidee.ee and Rahvakogu.ee. Member of the board at the Estonian Fund for Nature. Member of the Estonian President’s Thought Council. Co-founder of the Let’s Do It! World initiative that coordinated 50,000 people to clean up to 10,000 tons of illegal waste in a day. By 2014 more than 10 million people have participated in Let’s Do It! cleanup actions in 100+ countries.


    man Jon Matonis

    Blockchain advisor

    Jon is a founding Director of the Bitcoin Foundation and Chairman of Globitex, a cryptocurrency exchange platform. His career has included senior influential posts at VISA International, VeriSign, Sumitomo Bank, and Hushmail. Jon advocates worldwide for Bitcoin and its disruptive economic implications to a wide variety of audiences, including members of the Federal Reserve, Bank of England, ECB, SWIFT, IRS, DOJ, retail payment networks, major financial institutions, financial regulatory bodies, mobile money issuers, iGaming operators, information security firms, hedge funds, gold investors, and family offices.

    man Eyal Hertzog

    Blockchain and token economy advisors

    Venture-backed technology entrepreneur for over 20 years. Founder of MetaCafe, Israel’s fastest growing video sharing site reaching over 50m uniques at its peak. Previously, Eyal founded Contact Networks, one of the first social networks in 1998. Eyal has been an out-spoken thought leader on cryptocurrency in Israel and is a talented piano and bass musician. He has recently founded Bancor Protocol.

    man Lukas Kairys

    Blockchain and smart contract developer

    Lukas has a personal interest in building new products and systems powered by Blockchain technology and helps the team with his advice how to develop decentralized networks.

    man David Allen Cohen

    Energy advisor

    David A. Cohen is founder and Chairman of Dcntral, a blockchain-based Cybersecurity company. He is internationally renowned for his pioneering work on Smart Systems Software platforms. In 2012, David was named as one of the Top 100 Movers and Shakers in the SmartGrid by Greentech Media. David was the founder and CEO of Infotility where he pioneered “the Grid Edge” and unlocked a multi-billion dollar SmartGrid market. David is founding Member Emeritus of the GridWise Architecture Council (GWAC) which was instrumental in launching the vision for the SmartGrid industry. David was a member of the IOTA Foundation and the IOTA Token Cryptocurrency.

    man Nimrod Lehavi

    Payment advisor

    Nimrod is co-founder and CEO at Simplex and board member of Israeli Bitcoin Association. Simplex is a fintech & cyber-security company introducing merchants to a world without fraud. Simplex successfully prevents fraud with minimal effect on conversion and customer experience, on tens of millions of dollars’ worth of transactions.

    Crowdsale details

    Distribution of tokens
    • Token sale contributors (62%)
    • Future stakeholders (3%)
    • WePower team (20%)
    • Community and user growth (15%)
    Budget allocation
    • Development of the WePower platform (45%)
    • Expansion and Operations (25%)
    • Compliance with energy market requirements (15%)
    • Connection to the energy infrastructure (15%)
    Details Indicators
    Token Symbol WPR
    Full Token Name WPR token
    Crowdsale Start February 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or February 15th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $40000000
    Crowdsale Soft Cap Yes, $5000000
    Domain registration date 2017-07-19
    Domain owner WhoisGuard Protected, WhoisGuard, Inc., P.O. Box 0823-03411, Panama, Panama, PANAMA

    Cost of the token

    999.99999999 tokens for 1 eth

    Price without discounts

    Accepted currency

    • Fiat

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    Summary rate the project

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    Rate the project by other users

    Alexandr Gonchar May 04, 2018
    Rating of project


    The use of a blockchain for the more efficient use of green energy sources is a noble and interesting idea. Removing from market numerous intermediaries and thereby reducing the price and making it more flexible – all this are tasks that the project can solve.

    Risks and disadvantages

    There are few disadvantages: the project creates its own token, which will be equivalent to a certain amount of extracted energy, users who buy tokens will have priority access to the best energy tariffs. And again, there is no plan of implementation this process, that is why we can’t evaluate work of the project idea.


    The project is quite interesting and promising without any doubt, but there are few very important details that are not considered by the development team, and are not described in the white paper. Meanwhile, must say, that the very idea of an auction through a blockchain gives this project an advantage over its competitors.

    Denys Serhiichuk April 04, 2018
    Rating of project


    The project solves the pressing problems in the energy sector. Support of European regulators and the UN, gives hope to investors and the last ones are happy to place their funds in WRP tokens.

    Risks and disadvantages

    The planned payback of 30% per annum does not look very attractive for people from the world of cryptocurrency and Blockchain, where the success of the project is used to measure not by tens, but by hundreds and thousands of percent.


    Overall, project is for long-term, quick return on investment is not expected.

    Jordan Semanda March 26, 2018
    Rating of project


    The platform provides the demand and supply simultaneously. Its aimed at preserving the environment. Easy accessibility to energy even by distant people making the market large. the prospective value of the project is promising. The proprietors, advisers and the entire team look to be efficient The press team is remarkable. The waste will solve renewable waste disposal and also setting up renewable waste disposal plants.

    Risks and disadvantages

    The project is likely to take longer in the pipe line since many prospected users are not aware of this initiative and probably don't have knowledge about blockchain and digital currencies. The project is to allow people in a trust-less way basing on math but what if the numbers lie, i don't think this will be very appealing.


    The project solves the issue of power distribution and also make it easy to acquire this will not only see the growth of many economies but also change lives, despite the setbacks this project will blossom in the nearest future.

    Jung Choi February 23, 2018
    Rating of project



    Risks and disadvantages




    What is WePower business model?

    WePower is a blockckain based renewable energy trading platform with a vision to become a next generation utility company. We connect reneweble energy producers with investors market makers and end users of the energy. With the blockchain and smart contract solution we enable renewable energy producers to sell energy upfront which increases their return-on equity ratio. On the other side we create a new market for traders and we give energy to end-users with a discount.

    Energy is a heavily regulated industry in many markets. How you're going to implement cross-border trading?

    So energy sector is heavily regulated but that regulation provides us with a framework to enable cross-border trading so we can devided it in two parts. The first part is finantial trading in which person can invest in energy in one country and exchange it to energy in another country and the second part is actual phisical delivery of energy. So, we would start in one country... if we take EU for example it starts in one country then when we will be already present in the other country-neighboring country - we would be able to enable cross-border trading but that is a cost on the market price of energy so if there a certain conditions that would be make it reasonable to physically deliver energy to another country boarding member state that would happen. We would allow and we would facilitate than to happen.

    WePower will need to do energy balancing. How would you do energy balancing?

    As any startup in energy sector v-Power if it wants to enable p2p energy trading it has to do energy balancing untill we resch skilled scabiliry and increacse renewable energy we need to use first party services therefore balancing will be produced by our new partner.

    Blockchain transactions are limited today. How would you scale with many users of WePower?

    so transactions are limited today the Hume Network has much smaller throughput than Visa or MasterCard.Hhowever, the community is developing very important projects for for its helium blockchain to allow scalability to surpass recent MasterCard so namely it's plasma project which was recently published by metallic himself and Raiden Network which would allow off chain channels. So these two projects combined on TV blockchain would enable much higher throughput of transactions and would allow many decentralized applications such as WePower running on etherium blockchain to scale a lot. So Nick if we are looking at V power timeline so what technologies we're going to use to fight with this transaction speed problem? Well, in the very beginning we're working mainly on financial aspect and how to attract capital so for this if you am watching as it is we work just fine and later on once the development of the two projects that I mentioned Raiden and the Plasma are well further developed well breeding network is almost finished so they have some way to go but they're working hard on that and will able to perfectly integrate the cerium clock chain with the energy infrastructure as it is now.

    What is the difference between WePower and SunContract, PowerLedger, Grid+ and other ICOs in the energy market renewable energy?

    So, we are happy that there are so many projects starting up in energyso many projects starting up in energy space for many for many years energy space was a very closed sector every project has different paths and many companies try to go directly to peer-to-peer trading which is interesting it's very challenging but at the same time it's quite risky because to enable a true peer-to-peer transaction market you need to be able to have volumes to sustain it so we have a different path we work with helping developers bring the project's online and in that way building volumes on the market that will people will be able to transact once that is there we can enable a true peer-to-peer transaction network with smaller producers coming online and more and more people buying energy directly from renewable energy market and then we can expand to other countries we can expand and enable transfer of energy between the countries as you mentioned before cross-border trading but at the same time you just could produce energy or buy energy in why can't one country exchange it to energy another country once we are there so you could go for financial benefits or you can go for physical energy delivery once we are up and running fully.

    How this ICO is unique?

    first of all we are not only a software-based venture
    we are working with energy infrastructure we need to connect our software solution with the energy infrastructure which exists in the market already hundreds of years but we have already working platform. We have an experienced team that can make this connection we have the first clients that are ready to use our platform this is why we are doing ICO. We we need funding to start the platform rolling in our first countries and talking about the value this is a long-term project which can bring the value in a long time we need to expand to other countries basically this is the use of the funds of the ICO. it's the expansion we know that to make the project successful we need to expand rapidly from one country to another and bring the value to all of you.

    Does your token model fall under securities regulation?

    we part model is constructed as a word based
    crowdfunding campaign token holder gets a reward green energy which will be physically settled that donated energy is transferred directly by the producer to the token holder the amount of the needed energy grows with the growth of the platform. If he managed to onboard as many as possible producers the value of token grows because the needed energy amount increases. We are confident that this model doesn't fall under securities regulation because we have clarified it with the European regulator.

    Why the Government supports WePower?

    the power is by the ministry of energy of the republic of the tween it is supported but because it is a socially responsible business because it brings transparency with our product . We can create a perfect accounting system for the produced and consumed energy government supports us because it believes that we are capable and have necessary experience to deliver this project and use and practice.

    Recently, many ICO fundings were hacked. Will your ICO process will be secure?

    Hacking is all about and we cannot go into details how we are securing your contributions but we have a team that is specially working only with security matters to keep the funds safe. That's gonna be contributed during the token sale and keep the fun safe for us to be able to develop WePower Platform.