GREENPOWER THE GLOBAL REWARDS CURRENCY

GreenPower is the anchor currency in a decentralized system of next-generation marketplace incentives. Designed to bring the benefits of decentralized finance.

The same decentralized dynamics that are creating such tremendous opportunities in global finance will make a dramatic impact on the global marketplace.

GreenPower is one of the prime ways companies all over the world will start to harness the power of decentralized marketing.

Participating companies can increase sales and profits and enhance loyalty by connecting their customers to a universal system of blockchain-based loyalty points. 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.

Unleashing the Power of Decentralized Marketing

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

Building the GreenPower LegacyOver 3 Years of Successful Blockchain Operations & DistributionSince its launch on March 31, 2017, the GreenPower mainnet (called the Powerchain) 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)

• • Fixed Number of Coins – all 3,294,166,501 have been issued
• • No ICO or IEO
• • No Premine or Presale
• • No Allocations to Founders or Management Team
• • Wide Global Distribution: over 100,000 current holders of GRN

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 mainnet. The license system has led to a tremendously wide distribution of the coins. Unlike virtually every other crypto asset, GreenPower 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

Unique Minting Model

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:

1) To power blockchain operations for applications developed on the mainnet, or 2) For submission to a minting process which converted a certain number of the utility tokens to a market-traded coin (now known as GreenPower).

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.