WePower Platform to be Launched in April

WePower announced the launch of the platform in April 2018, although the exact date is unknown yet
29 March 2018   813

WePower is a blockchain-based green energy trading platform. It enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy investment ecosystem. As a result energy producers can trade directly with the green energy buyers and raise capital by selling energy upfront, at below market rates.

WePower is a project which was included in our article where we present the very best and the most interesting ICO projects. Moreover, we have reported that its ICO has successfully finished and 22,933 people contributed $40m USD! According to the roadmap and the official Twitter account of WePower, it launches the WePower platform in April 2018, although the exact date is not announced yet. 

Wepower trading platformWePower Trading Platform

The WePower platform launch will be followed by the connection to the energy infrastructure in May 2018, platform testing in summer, and then distribution of donated services to the token holders by the end of December, 2018.

At the moment of press, these are main market parameters of WePower token:

Average price: $0,110924
Marketcap: $44 638 555
24h volume: $11 338 700

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CFTC to Issue ICO Investor Advisory

Before buying coins, you need to thoroughly study their nature and understand what factors can affect their price, CFTC advises 
17 July 2018   116

The US Commodity Futures Trading Commission (CFTC) published a document with recommendations for potential investors in ICO projects and token buyers. This is reported by Coindesk.

The agency's document says that before buying coins, you need to thoroughly study their nature and understand what factors can affect their price.

Also, a potential buyer should remember that, depending on the structuring, some tokens can be derivatives, commodities or securities.

Buying digital coins or tokens only because you expect to sell them at a higher price later is the definition of speculation and carries considerable risk, regardless of how good a white paper, application or business plan sounds. Unfortunately, fraud is another significant risk to consider. Your best protection is to thoroughly research digital coins or tokens and exercise caution. 

CFTC ICO Advisory

The guide also states that before investing in the ICO, it is necessary to find information about the organizers of the project, and also to find out whether they themselves participate in their  ICO.

Representatives of the agency also refer to the study, according to which more than 50% of ICO start-ups ceased to exist during the first four months after the end of the token.