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Aimed towards driving an investment into renewable energy, Optonium Coin aims at providing capital to those developing products in the renewable energy sector. The blockchain based platform facilitates use of smart contracts as purchase agreements. It is a fast, global and transparent system.
This cryptocurrency was conceptualized back in early 2017 - following which the team of developers and think tanks have been working towards setting up of a system in which the Optonium Coin technology will function.
The need for Optonium Coin
An estimate shows that over 320 Billion kWh of energy is consumed every day. While renewable energy is the need of the hour, the investments in it are getting lower. In 2017, the investment in renewable energy was of $242 Bn. This is a 23% decrease compared to the investment in 2016.
Optonium Coin is connected to the energy infrastructure and energy exchange markets where it makes it possible to trade and sell energy directly. It is a decentralized and decarbonized platform which will help the energy industry gain more capital.
What Optonium Coin Technology wants to achieve
Here are some of the goals that the creators of this platform want to achieve with the Optonium Coin:
- Increase in the production volumes of renewable energy
- Decrease the carbon dioxide emissions
- Keep a record of the increase of renewable energy and the decrease of CO2 emissions.
Moreover, it also aims at creating an open market for energy trading, which is largely a closed industry today. It is aimed at bringing in global investments into the energy sector while reducing middle-men. Setting up of a P2P energy trading platform is another major goal that the company is looking forward towards establishing.
To cap it off, Optonium Coin will help create a transparent system for green energy production as well as keeping a track of energy production.
Strategic Alliances
Optonium Coin has a complete market plan in mind. The currency is expected to form various strategic alliances to reach their objective of a cleaner, greener and energy-efficient future.
- Optonium Coin will begin operations by tying up with various US based agencies following which they plan to go global.
- The currency is also expected to partner up with traders and miners soon.
- Most importantly, teaming up with government and private institutions to consume energy in commercial prices.
Get free Optonium Coin by participating in the bounty program.
The Optonium coin welcomes influencers on different social media networks such as Facebook, Twitter, Youtube, Medium, Bitcoin Talk, Reddit and Instagram to join their bountry program to win free Optonium coin.
In addition, before coming to exchange company is giving offers to early participants by offering free 250 OPO coins on signup and extra bonus on your early participation through purchase or direct referral business of $1000. To know more about referral business check out the site.
Technical Analysis of Optonium Coin
2 Billion coins will be made altogether - out of which 1.6 Billion coins will be mineable. The coin will be mined for the next 100 years, allowing 16,000,000 coins to be mined every year.
Statistically, this comes down to 44,444 coins being mined per day - mining of 1851 coins per hour and a block reward of 154 coins per block. The block size will be of 2MB.
250 Million of these coins will be coming out as pre-sale and ICO offerings. 50 Million will be held by the founders and advisors - and 100 Million by marketing and advertising.
For a detailed understanding of Optonium Coin, you can visit their website at: www.optonium.io
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.