SolarCoin is a form of digital currency that rewards those using renewable solar energy.
Business Model:
Revenue: $0
Employees: 1-10
Address: 29 Valley Dr 4924
City: Greenwich
State: CT
Zip: 06831
Country: US
SolarCoin is a currency for incentivizing 97,500 TWhs of global solar energy production over the next 40 years. 99% of the currency is distributed to Solar energy generators providing a proof of work. Coins are distributed to generators at the rate of 1MWh per 1 SLR SolarCoin. Distribution also occurs using traditional alt coining mining techniques and via distribution through environmental groups. SolarCoin is designed to be 50x more carbon efficient than bitcoin.
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