FAQ

The primary objective of the Enereum and Kwhoin Project is twofold:

• Enereum stands as a decentralized energy platform that aims not just to be an energy marketplace but a catalyst for global cooperation in the renewable sector. By leveraging the transparency and security of blockchain technology, Enereum streamlines transactions between energy stakeholders, from producers to consumers. This effectively eliminates unnecessary intermediaries, reducing costs. With a strong emphasis on the United Nations' Sustainable Development Goals (SDGs), Enereum seeks to amplify the reach and impact of existing renewable initiatives, striving for a world where clean energy is the standard.

• Kwhoin is an innovative energy-backed stablecoin that serves as the financial core of the Enereum ecosystem. Drawing inspiration from visionaries like Henry Ford and Thomas Edison, who once envisioned an energy-reliant currency, Kwhoin offers a stable and dependable financial instrument. The Kwhoin Stability Algorithm (KSA) underpins its value, ensuring resilience and avoiding the vulnerabilities seen in other stablecoin models.

Together, the Enereum and Kwhoin projects aim to expedite the global shift towards renewable energy and establish a robust and stable financial framework anchored in sustainable practices.

The Enereum-Kwhoin initiative is a transformative force in the renewable energy sector, offering a multifaceted approach to promoting clean energy solutions:

• Driving Clean Energy Adoption: Enereum acts as a catalyst in the global shift towards clean energy. By connecting investors, operators, and project hosts, the platform dismantles financial barriers that have traditionally hindered the universal adoption of green energy solutions. The overarching mission is to make sustainable energy the new norm, ensuring that the transition to green energy is both environmentally essential and economically attractive.

• Streamlined Fundraising and Decentralized Market Exchange: Enereum simplifies fundraising for clean energy projects by leveraging blockchain technology. This provides innovative and sustainable projects with the capital they need to succeed. Additionally, the platform introduces tokenization and non-fungible tokens (NFTs) as innovative financial tools. Beyond fundraising, Enereum establishes a decentralized marketplace for the trading of related tokens and NFTs, creating a dynamic financial ecosystem centered around clean energy.

• Supporting Diverse Energy Sources and Activities: Enereum champions a diverse clean energy ecosystem, supporting a wide array of sustainable energy production methods, including wind, solar, hydro, biomass, and more. The platform also fosters innovation in energy storage, charging infrastructure, and energy conservation. Furthermore, Enereum's commitment extends to advancing sustainable development practices aligned with the 17 Sustainable Development Goals set by the United Nations.

• Realizing Ford and Edison's Vision: The project draws inspiration from visionaries like Henry Ford and Thomas Edison, who once envisioned a global financial system underpinned by energy. The Kwhoin stablecoin, backed by energy production, is a realization of this vision, aiming to fortify global financial stability.

In essence, the Enereum-Kwhoin initiative synergizes with existing frameworks and introduces groundbreaking solutions to sculpt a future that's cleaner, greener, and more robust.

• Holistic Approach to Climate Change: Enereum recognizes that addressing climate change requires a comprehensive perspective that considers the interconnectedness of economic, social, and environmental factors. The platform's broader vision aligns with this holistic approach, supporting businesses and initiatives that resonate with all 17 United Nations Sustainable Development Goals. This commitment underscores Enereum's dedication to fostering a comprehensive and globally sustainable future.

• Integrating Economic, Social, and Environmental Considerations: Sustainable development integrates economic, social, and environmental considerations to create a more balanced and inclusive world. Enereum's commitment to supporting all 17 SDGs strengthens this integrated approach, ensuring a more resilient, equitable, and sustainable world where businesses across various sectors can thrive in harmony with the planet.

• Broadening Project Horizons: While clean energy remains at Enereum's core, the platform is expanding its reach to support projects across various SDGs, from sustainable agriculture and clean water to quality education and reduced inequalities. This ensures a well-rounded approach to sustainability.

• Fostering Innovation for SDGs: Beyond clean energy, Enereum is dedicated to promoting innovative solutions that address challenges across all SDGs, encouraging the adoption of groundbreaking technologies and practices on the platform.

• Strategic Collaborations: Enereum will forge partnerships with organizations and institutions that align with specific SDGs, leveraging collective expertise to drive impactful change.

• Impact Assessments Aligned with SDGs: Every project on Enereum will undergo a rigorous assessment to gauge its alignment with the SDGs, ensuring that the platform's projects contribute meaningfully to global sustainability targets.

In essence, Enereum's alignment with the UN's SDGs is not just a commitment on paper but is deeply embedded in its operational and strategic framework, aiming to drive positive change for a better future for all.

• Decentralized Energy Platform: Enereum leverages blockchain's transparency and security to create a decentralized energy platform. This platform streamlines transactions between various energy stakeholders, from producers to consumers. By doing so, it effectively eliminates unnecessary intermediaries, reducing costs and ensuring a more efficient energy marketplace.

• Facilitating Global Cooperation: Enereum, as a decentralized platform, acts as a catalyst for global cooperation in the renewable sector. It amplifies the reach and impact of existing renewable initiatives, striving for a world where clean energy is universally accessible and adopted.

• Innovative Financial Tools: Beyond just being an energy platform, Enereum introduces financial innovations like tokenization and non-fungible tokens (NFTs) to the clean energy sector. These tools, powered by blockchain technology, revolutionize fundraising for clean energy projects and establish a decentralized marketplace for trading related tokens and NFTs.

• Kwhoin - Energy-Backed Stablecoin: Kwhoin, the energy-backed stablecoin, is the financial core of the Enereum ecosystem. The stability and value of Kwhoin are ensured by the innovative Kwhoin Stability Algorithm (KSA). This stablecoin model, underpinned by blockchain technology, offers a dependable financial instrument that sidesteps the vulnerabilities seen in other stablecoin models.

• Enhancing Global Financial Stability: Drawing inspiration from visionaries like Henry Ford and Thomas Edison, the project envisions a global financial system anchored in energy. Blockchain technology plays a pivotal role in realizing this vision, ensuring a seamless fusion of energy and finance for a more sustainable world.

In essence, blockchain technology is the backbone of the Enereum-Kwhoin initiative, providing the necessary infrastructure, transparency, and security to drive transformative change in both the renewable energy and financial sectors.

• Innovative Stablecoin Model: Kwhoin stands out as an innovative stablecoin that combines the benefits of blockchain technology, real-world energy assets, and a diverse collateral pool to create a reliable and stable digital currency.

• Transparency and Decentralization: Kwhoin emphasizes transparency and decentralization. It utilizes blockchain technology and smart contracts to ensure that its reserve management is fully transparent and verifiable by anyone at any time. Moreover, its decentralized nature means it's not controlled by a single entity, reducing risks of centralized points of failure or manipulation.

• Diverse Backing Assets: Unlike many stablecoins that are solely backed by fiat currencies or other cryptocurrencies, Kwhoin's value is supported by a combination of energy-related assets, fiat currencies, and cryptocurrencies. This diversified collateral approach helps mitigate risks associated with fluctuations in individual asset classes.

• Connection to the Global Energy Market: By allocating a minimum of 75% to energy-related assets, Kwhoin ensures its value remains closely tied to the global energy market. This connection to the real-world energy sector provides Kwhoin with a strong foundation, reducing its vulnerability to crypto market volatility.

• Kwhoin Stability Algorithm: The stability and value of Kwhoin are ensured by the innovative Kwhoin Stability Algorithm (KSA). This stablecoin model offers a dependable financial instrument that sidesteps vulnerabilities seen in other stablecoin models.

• Promotion of Responsible Energy Management: Kwhoin's connection to the global energy market promotes the responsible use and management of energy resources, aligning with global sustainability goals.

• Optimal Collateralization Ratio: Kwhoin maintains an optimal collateralization ratio, surpassing industry standards and instilling confidence in its users.

In essence, Kwhoin represents a groundbreaking stablecoin that combines the best of blockchain technology, energy assets, and financial innovation. Its unique characteristics and commitment to stability make it a standout digital asset in the rapidly expanding world of digital finance.

• Buying Enereum Tokens: One of the most direct ways to support and get involved is by purchasing Enereum tokens. This not only provides financial support to the project but also allows individuals and organizations to be part of the ecosystem and benefit from its growth.

• Applying to be Operators: Enereum will require operators to manage and oversee various aspects of the platform. Interested parties can apply to be operators, contributing their expertise to the project's success.

• Supporting Project Listing: As the platform grows, there will be opportunities for new renewable energy projects to be listed. Supporting these listings, either by promoting them or by directly investing in them, can help expand the platform's reach and impact.

• Becoming Project Hosts: Once the platform is live, there will be opportunities for individuals and organizations to host renewable energy projects. This allows them to directly contribute to the growth of clean energy solutions and benefit from the platform's resources and support.

• Engaging in Community Discussions: Active participation in community forums, discussions, and feedback sessions can provide valuable insights and help shape the direction of the project.

For more information or specific inquiries on how to get involved, you can reach out directly to the Enereum team at contact@enereum.io.

Enereum is dedicated to fostering a diverse range of renewable energy projects. Here's a breakdown of the types of projects and their eligibility:

• Types of Clean Energy Projects:

  • Solar Energy: Projects that harness the power of the sun to generate electricity or heat.
  • Wind Energy: Initiatives that utilize wind turbines to convert wind's kinetic energy into electrical power.
  • Hydro Energy: Projects that generate power through the movement of water.
  • Geothermal Energy: Initiatives that tap into the Earth's internal heat to produce electricity.
  • Biomass and Bioenergy: Projects that convert organic materials into energy.
  • Other Innovative Renewable Technologies: Enereum is open to supporting and promoting emerging clean energy technologies that align with its mission.

• Alignment with Sustainable Development Goals (SDGs): Enereum is not only focused on clean energy but also supports projects that align with the broader objectives of the United Nations' 17 Sustainable Development Goals (SDGs). This includes projects that address environmental conservation, social inclusivity, economic growth, and more.

• Project Stage Eligibility: Enereum recognizes the importance of support at every phase of a project's lifecycle. Whether it's the ideation, planning, execution, or expansion stage, Enereum is committed to providing the necessary resources and backing to ensure the project's success.

In essence, Enereum is poised to be a pivotal player in the global arena of renewable energy and sustainable development, offering support to a wide array of projects that align with its vision and objectives.

• Protection for Investors: The Investment Guarantee Scheme (IGS) is designed to protect investors by ensuring they receive their investment back in case of any default event. Funds allocated for the IGS are securely stored in a separate, untouched wallet, ensuring they are readily available when required. This mechanism instills confidence in investors, reassuring them that their investments are safeguarded by dedicated funds.

• Blockchain's Transparency and Security: Enereum capitalizes on the inherent transparency and security attributes of blockchain technology. This guarantees that all platform transactions, ranging from energy producers to consumers, are transparent, verifiable, and secure. By optimizing these transactions, Enereum effectively removes unnecessary intermediaries, further amplifying transparency.

• Decentralization and Community-Centric Governance: Enereum's dedication to decentralization ensures that authority and decision-making are equitably distributed throughout its community. This decentralized methodology guarantees that no single entity wields disproportionate influence over the platform, fostering fairness and accountability. Furthermore, a governance model centered around the community ensures that the platform's trajectory and decisions resonate with the collective interests of the entire community.

1. Focus on Clean Energy and SDGs: Unlike many other platforms, Enereum doesn't limit itself to just clean energy. We have expanded our focus to encompass all 17 points of the Sustainable Development Goals (SDGs), ensuring a holistic approach to sustainability and global development.

2. Kwhoin - Energy-Backed Stablecoin: Kwhoin serves as the financial backbone of the Enereum ecosystem. As an energy-backed stablecoin, Kwhoin offers stability through the innovative Kwhoin Stability Algorithm (KSA), drawing inspiration from visionaries like Henry Ford and Thomas Edison.

3. Customizable and Integrative Platform: Enereum stands out with its adaptability. Our platform can be customized or integrated with any other sustainable development or carbon reduction scheme, offering unparalleled flexibility in the renewable energy blockchain space.

4. Investment Guarantee Scheme (IGS): Enereum's IGS is a comprehensive system designed to protect investors. It combines the Prepaid Electricity Deposit, Operator Collateral, and Enereum Smart Insurance to provide a robust safety net. This approach fosters trust and ensures a secure environment for investments in renewable energy projects.

5. Enereum Smart Insurance: A vital component of the Investment Guarantee Fund (IGF), the Enereum Smart Insurance ensures the platform's security and stability. It covers the balance of the Minimum Investment Guarantee Percentage (MIGP) when other components fall short. Built on principles of decentralization, transparency, and community collaboration, it leverages an internal investment insurance pool to share risk among the community and provide coverage in case of project defaults.

• Kwhoin - Energy-Backed Stablecoin with a Unique Index: Kwhoin is designed to represent the value of the global energy market, as reflected by the unique Kwhoin Index. This energy-backed stablecoin aims to provide users with a reliable, stable, and efficient means of exchange while promoting sustainable energy practices. The name "Kwhoin" is derived from "kWh" (kilowatt-hour) and "coin," emphasizing its foundation in energy.

• Asset-Backed Value Assurance: Kwhoin's value is backed by assets ranging between 1.25x to 1.75x of its value, ensuring stability and confidence in its worth. This asset-backed structure provides a robust safety net for the cryptocurrency, making it a reliable and trustworthy digital asset.

• Unique Electricity Index Pegging: Kwhoin is the only energy stablecoin that is pegged to a specially curated electricity index. This index is meticulously created to reflect the true value of energy, making Kwhoin a pioneering stablecoin in the energy sector.

• Versatility and Broad Functionality: Beyond its unique value proposition, Kwhoin serves as a medium of exchange, store of value, and unit of account. It can be integrated into decentralized finance (DeFi) platforms and is suitable for energy trading, enabling users to gain exposure to the global energy market through a digital asset.

• Innovative Stability Mechanism: The Kwhoin Stability Algorithm (KSA) employs a burn and mint mechanism that adjusts the token supply based on market demand. This dynamic process ensures Kwhoin's stability, making it a standout in the realm of energy-backed cryptocurrencies.

By integrating these features and mechanisms, Kwhoin offers a unique and innovative approach to energy-backed cryptocurrencies, setting it apart in the market.

Enereum and Kwhoin are built on the Polygon (previously known as Matic) blockchain platform. The primary reason for choosing Polygon is its ability to offer high-performance, scalable infrastructure with faster and more cost-effective transactions. Given that Enereum and Kwhoin aim to serve a large global population in the renewable energy sector, it's crucial to have a platform that provides low transaction fees. This ensures that the utility remains accessible and affordable to a vast number of users, making the adoption of clean energy solutions more feasible and widespread. By leveraging Polygon's Layer 2 scaling solution, Enereum and Kwhoin can retain the security and decentralization benefits of Ethereum while ensuring efficient and economical blockchain operations.

Yes, as of October, Enereum is currently in the private selling period for the token. The plan is to list both Kwhoin and Enereum on major cryptocurrency exchanges once the token sale is opened to the public in 2024. This move aims to enhance the token's accessibility and liquidity, allowing a broader audience to participate in the project's vision and benefits. Specific details regarding the exchanges and the exact listing dates will be communicated closer to the launch.