The Sun Exchange Accepts Bitcoin Investment For Solar Project
http://www.econotimes.com/The-Sun-Exchange-Accepts-Bitcoin-Investment-For-Solar-Project-184364
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The Sun Exchange, a South Africa-based crowd lending solar energy startup, has started accepting digital currency bitcoin for solar energy investment.
This is perhaps the first such initiative wherein bitcoin is used to fund a solar energy project. VentureBurn reports that the startup is currently running a campaign to power a school in Stellenbosch, South Africa.
“Investments in our projects are open to everyone. We accept local (fiat) currency and Bitcoin. Transferring fiat currency between countries is often expensive and time consuming. We accept bitcoin so that you can invest in a solar project wherever you are in the world quickly, easily and securely”, the website reads.
The project has received investments from individuals in Canada, Australia, UK, and Switzerland. Those who invest in solar projects are receiving a 10% internal rate of return...
This is perhaps the first such initiative wherein bitcoin is used to fund a solar energy project. VentureBurn reports that the startup is currently running a campaign to power a school in Stellenbosch, South Africa.
“Investments in our projects are open to everyone. We accept local (fiat) currency and Bitcoin. Transferring fiat currency between countries is often expensive and time consuming. We accept bitcoin so that you can invest in a solar project wherever you are in the world quickly, easily and securely”, the website reads.
The project has received investments from individuals in Canada, Australia, UK, and Switzerland. Those who invest in solar projects are receiving a 10% internal rate of return...