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RE: A coin that lets you own Power!!

in #icos7 years ago

@bprange, nice review! Interesting coin and I like the idea of tokenizing electricity. I noticed that Moe Levin is on the advisory board for this project and he has a knack for advising great projects!

I am not too sure about the incentives and the payout structure in this project like you pointed out with the 15 cent market rate lmao and hope they clarify the dividends that you will receive in terms of the net revenues they generate and that they are more attractive then the market rate for the electricity.

Since you like this project, you will like another Utility Token that I did a review on called MyBit which basically monetizes IOT devices. I think you will enjoy this project a lot because the payouts can be better, there are more options of really profiting off MYB (from staking & dividends, investing in IOT stakes or from sheer price appreciation)and it has a similar concept in which you can sell ownership stakes in the IOT devices (like how in Kwatt you can sell your stakes in the energy you own).

Thanks for your comment on my Poly post, and I will check out Crowd Machine and possibly edit my review to add them with tZERO as it seems insane and completely disruptive, bc automating the smart contract coding (that's like the bulk and grunt work that dev teams throw in thousands of hours for!) is just absolutely insane and I'm glad Poly has them as a partner as well!

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Thanks @daddyku! Always love your input and feedback. I'll check out your review as I don't know anything about MyBit. There was an article recently (here it is from my twitter feed https://twitter.com/bizzrett/status/973559347484725249), which discussed a few ICOS that POLY is assisting with. One of them, Databroker DAO sounds similar to MyBit. If you get a chance, check out the link and let me know your thoughts. I really am curious who else is building on the security token protocol. I heard an interesting comment the other day that Goldman Sachs having purchased Polinex through its subsidiary Circle has the intent to create the first SEC fully compliant/regulated exchange whereby all coins listed on it will by default be regulated. Seems a genius and quick way for them to usher in larger institutional money...

@bprange, I have requested to follow you on Twitter! (can't view the link otherwise :'( )

Ok I just added you. Sorry about that. Definitely check out that link, let me know if you can't find it and I'll send to you directly. Also, here is a good you tube review from "Sin the Krypt Keeper"...lol, funny name, he is pretty insightful though....