Current energy systems have limited availability, so are expensive. They are centralised in the hands of governments and large corporations, so have uncontrollable prices. They are scientifically half-baked, wasting energy and resources. There is an energy crisis affecting many countries around the world. Energy is scarce and polluting; this is an even greater issue in developing countries. There are negative environmental impacts, increasing electricity prices, and a rapid decrease in availability of electricity, especially for the poorest and most in need.
Current renewable energy technologies are not a viable long-term solution to our energy needs because:
1. They rely heavily on polluting materials
2. Their dependence on weather conditions makes the supply irregular
3. Their lifespan is limited and contributes to more waste
4. They require regular maintenance
Until now, we have only been able to access energy sources that were not truly sustainable, ecologically and economically…
FAMILY OF RENEWABLES
Technological advancements in solar and wind power have driven global demand for further development of renewable and sustainable energy sources.
But this will not solve the global energy crisis because these sources rely heavily on environmental conditions, are costly to build, and to maintain. The renewable energy industry relies on materials which aren’t sustainable in their sourcing. Not only is this inefficient, it is not truly sustainable.
MPOWA is developing power device units that can work 24/7 to produce clean (CO2-free) energy for everyone, without intermittence or maintenance fees.
These devices have a very long life time, and are connected to a decentralised, autonomous platform, where supply and consumption are logged and controlled.
MPOWA will have the least environmental footprint from supply chain to delivery and operation. Its decentralised platform makes these devices impervious to corruption, monopolies and conflicts of interest.
The Mpowa Platform is a Decentralised Autonomous platform that provides an innovative, tokenised supply chain of energy based on proprietary hardware and software technologies.
The Platform manage and connect all Mpowa Energy Units to the blockchain, where supply and consumption are logged and controlled. Energy is tokenised and price is pegged to a stablecoin to counter volatility.
The Mpowa users (the “Mpowerers”) will be able to use clean, infinite, reliable low-cost energy, produced through the MPOWA’s devices, payable in tokens, and that generates data that can only be monetised by the owner. Mpowa is developing a number of tokens for our DAO ecosystem including a Utility token, Security token, Data token and Governance token for the management of the platform.