What Is Green Power (GRN)?

What Is Green Power (GRN)? Complete Guide Review About Green Power.

What Is Green Power (GRN)?

Utility tokens (called Cycles) were only distributed to licensees and were never available to be transferred or market-traded. These utility tokens could be used for two purposes only. Green Power To power blockchain operations for applications developed on the main net, or For submission to a minting process which converted a certain number of the utility tokens to a market-traded coin (now known as Green Power).

Tokens were submitted to a blockchain-based queue and every ten minutes a certain number of coins were minted from the submitted tokens. The minting process ended on May 8th of 2019 when all remaining Cycles in the queue were minted out, resulting in a final amount of 3,294,166,501 coins in the system. All coins have been issued and distributed and there will be no more coins ever created in the system.

Green Power Storage Key Points

Coin BasicInformation
Coin NameGreen Power
Short NameGRN
Circulating Supply3.23B GRN
Total Supply3,294,166,501
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

Unleashing the Power of Decentralized Marketing

You’ve heard all about DeFi, now be among the first to benefit from DeMar. The same decentralized dynamics that are creating such tremendous opportunities in global finance will be making a similarly dramatic impact on global marketing. Green Power is one of the prime ways companies all over the world will start to harness the power of decentralized marketing.

Incentives for the New Economy

Fully integrated with advanced blockchain technology, this system enables virtually any business to easily plug into its decentralized incentive system, providing immediate benefits and considerable value to existing customers while delivering significant marketing leverage and reduced cost in attracting new customers.

The system is simple to set up and can be easily customized for the needs of each participating business and its customers. Participating companies can increase sales and profits and enhance loyalty by connecting their customers to a universal system of blockchain-based loyalty points.

Cryptocurrency as Membership

Now on the Ethereum blockchain, Green Power is the leading digital asset in a revolutionary system of marketplace incentives. Green Power serves as the decentralized mechanism for membership within this universal incentive system. Membership benefits are determined by the number of units of Green Power being held in reserve within a decentralized vault system.

The more Power held, the greater the benefits. All participating businesses throughout the world offer a range of special membership benefits. There are no membership fees or annual renewals required to be eligible for these privileges, simply continue to hold the necessary level of Power in reserve within the vault contract.

Years of Successful Blockchain Operations & Distribution

Since its launch on March 31, 2017, the Green Power main net (called the Power chain) features 3-second confirmation intervals and has produced nearly 30 million blocks. (By comparison, Bitcoin has produced just over 650,000 blocks in its over 10-year history)

Global License System

Over 150,000 account holders from over 180 countries have purchased a license (minimum of €100) to access and develop applications on the blockchain system. In addition to the rights conveyed with the license, each licensee received a certain number of utility tokens (which varied depending on the level of the license) for use on the main net.

Green Power The license system has led to a tremendously wide distribution of the coins. Unlike virtually every other crypto asset, Green Power does not have a heavy concentration of ownership. [Will insert one sentence here to describe exactly how wide the distribution of coins is within the base of ownership.