The government rebate comes during tax time.
The utility incentives come in a form of a check for supplying power to the grid.
The system details are on the main page.
Topic: SPP Coin - Solar Panel Project - page 10. (Read 15183 times)
This looks cool but what is the value of the coins? What about installing the solar panels makes the coin worth any more when that project is finished? Thanks!
100 sats per coin. 100% of the ICO funds will be used to construct this system. The system will have it's benefits/incentives that will be used to buy back the coins that were sold during the ICO. Other coins that offer incentives for having systems will also be utilized for benefits. Basically, this is a coin that actually will be doing something with the invested funds instead of just scamming people like many of the recently released coins.
Ok when you say benefits and incentives, what do these consist of? Is it something like fixed prices for coin buybacks, or are they payments made from some government incentive program for installing solar panels?
Also, what is the energy generated by the panels going to be used for? Just sent back to the grid?
Thanks!
The original idea was to release 44,000,000 coins at 100 sats each to raise 44 BTC. This would have fully funded the entire project. The federal government offers a tax incentive for people that want to go solar (expiring in Dec. last time I read). The utility company also offers rebates and incentives. These would have been collected at tax time and immediately used to start the buy-back process. We have subtracted out the first batch of incentives from the amount needed to be raised (thus the 28 BTC now).
On a monthly (and annual basis) the utility company offers incentives for the power generated to go onto the grid. These incentives will be used to buy back the coin... of course the buy back can't begin until the system is up and running and these incentives come in.
There are also other coins out there (and they are on the market) that offer their coins to a user based on the solar power generated by their systems. We can totally use these as well for incentives to the users of SPP!
So the incentives offered by the utilities and some gov't agencies is some kind of payment, they cut you a check in exchange for sending power to the grid?
Where is the panel going to be installed? How much power will be generated per year when the system is finished?
Seems like a good idea just trying to get my head around the details.
Thanks!
This looks cool but what is the value of the coins? What about installing the solar panels makes the coin worth any more when that project is finished? Thanks!
100 sats per coin. 100% of the ICO funds will be used to construct this system. The system will have it's benefits/incentives that will be used to buy back the coins that were sold during the ICO. Other coins that offer incentives for having systems will also be utilized for benefits. Basically, this is a coin that actually will be doing something with the invested funds instead of just scamming people like many of the recently released coins.
Ok when you say benefits and incentives, what do these consist of? Is it something like fixed prices for coin buybacks, or are they payments made from some government incentive program for installing solar panels?
Also, what is the energy generated by the panels going to be used for? Just sent back to the grid?
Thanks!
The original idea was to release 44,000,000 coins at 100 sats each to raise 44 BTC. This would have fully funded the entire project. The federal government offers a tax incentive for people that want to go solar (expiring in Dec. last time I read). The utility company also offers rebates and incentives. These would have been collected at tax time and immediately used to start the buy-back process... If the project would have been fully funded by investors.
On a monthly (and annual basis) the utility company offers incentives for the power generated to go onto the grid. These incentives will be used to buy back the coin... of course the buy back can't begin until the system is up and running and these incentives come in.
There are also other coins out there (and they are on the market) that offer their coins to a user based on the solar power generated by their systems. We can totally use these as well for incentives to the users of SPP!
Wallet looks great, I like it!
Received my coins for the First 10 unique wallets get 10,000 SPP! That was fast!
Thanks
Good luck with this project!
how you take it, I have not . Thanks
Good luck with this project!
Received my coins for the First 10 unique wallets get 10,000 SPP! That was fast!
Thanks
Good luck with this project!
Thanks
Good luck with this project!
This looks cool but what is the value of the coins? What about installing the solar panels makes the coin worth any more when that project is finished? Thanks!
100 sats per coin. 100% of the ICO funds will be used to construct this system. The system will have it's benefits/incentives that will be used to buy back the coins that were sold during the ICO. Other coins that offer incentives for having systems will also be utilized for benefits. Basically, this is a coin that actually will be doing something with the invested funds instead of just scamming people like many of the recently released coins.
Ok when you say benefits and incentives, what do these consist of? Is it something like fixed prices for coin buybacks, or are they payments made from some government incentive program for installing solar panels?
Also, what is the energy generated by the panels going to be used for? Just sent back to the grid?
Thanks!
need Specification For this
This looks cool but what is the value of the coins? What about installing the solar panels makes the coin worth any more when that project is finished? Thanks!
100 sats per coin. 100% of the ICO funds will be used to construct this system. The system will have it's benefits/incentives that will be used to buy back the coins that were sold during the ICO. Other coins that offer incentives for having systems will also be utilized for benefits. Basically, this is a coin that actually will be doing something with the invested funds instead of just scamming people like many of the recently released coins.
dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..
This looks cool but what is the value of the coins? What about installing the solar panels makes the coin worth any more when that project is finished? Thanks!
dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
What O/S are you using? The only way the wallet should be using 100% CPU is if you're trying to mine with it using 4 threads. Mining isn't necessary..
dev apparent win takes his wallet usage100 % cpu . if you can make a suggestion?
Good project thoughts. Since you have launched the wallet you would have raised your needed investments. If not, organize some campaigns to get better visibility. Also, use escrow to raise funds if it would be good.
Actually we are using the wallet to raise funds.. ICO. Need to have a wallet with coins to do that..
Working on visibility every day!
And there was already a post about an escrow service.
Good project thoughts. Since you have launched the wallet you would have raised your needed investments. If not, organize some campaigns to get better visibility. Also, use escrow to raise funds if it would be good.
This is a very cool idea. Inwws actually thinking about solar power for my house the other day. Then I though a coin based on solar power could be nice but how to implement it . Then I found this thread. 
I had thought the same thing for a while, and searched and searched.. I found that someone had done a project like this in Africa I think it was, and all these other green coins that came out are doing nothing or very little to actually build a system. There are some that reward people for building systems, which we can then implement with this system!
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