Grayblock Power - Energy backed yield farms - Defi / DAO
We are looking for investment and to partner with Harmony ecosystem to expand our market reach and application of defi lending pools
Grayblock power is the first decentralized finance governance protocol that provides clean energy backed yield farming. We sell project tokens, which are directly linked to specific clean energy projects in the real world (solar, wind, energy storage etc). The proceeds of the project token sale goes to a registered lender and that lender loans out to the energy project that needs financing (re-finance or construction capital). Interest plus principal is returned to the staking pool where defi lenders may stake their tokens. They earn a real stable token yield of 5% - 15% (depending on project). Defi lenders are provided full transparency on the payment through direct oracle feed of smart contract to smart meter (on the energy asset). We solve an ENORMOUS financing issue with energy projects of 50M USD or less and can offer projects from all around the world. Individuals will even be able to see their direct CO2 offset impact and earn yield. They can also sell the project token at any time possibly for a profit. GPN is our governance token which we use to due diligence and ensure good projects are listed on our platform before they are offered to defi lenders. GPN stakers and holders vote like a dao and benefit from a 3% fee from all cashflows distributed by the projects to the defi lenders. This ensures good projects are listed.
What stage of the product or idea are you (and your team) at?
We are preparing to launch our testnet and first energy project this September 2021 on binance smart chain. We would like to be crosschain compatitble and launch on multiple chains such as Harmony and other L2s which can support the transactions
Is it live on Harmony and/or another chain?
We are planning our first launch on Binance smart chain
How many active users do you currently have, or aim to acquire?
We have been building our telegram and twitter groups, we also need help spreading the word and in marketing to more active users. If 1 person can buy 1k worth of project tokens then we need 1,000 defi lenders to launch our first solar project in Vietnam 1MW (with 8 more offered afterwards based on demand)
How much funding do you need?
We are looking for 200,000 USD to increase our marketing and to prepare an integration and launch on harmony.
What are your milestones?
We would like to launch 50 MWs (50M TVL) of energy projects by year end. We plan to launch our governance protocol at end of year. We already have 1,000 MWs (1,000M TVL) of good energy projects ready to list across 5 continents, we are an award winning blockchain and have the support of the Alberta Government in Canada
What help do you need, or what gaps are there in your team?
We need good designers, marketers and talented developers (front end/back end and blockchain) for our future growth and product offerings
We are looking for 200,000 USD but can accept up to 500,000 USD. We will be offering in exchange pre-sale of our governance token GPN
We would like to list 50 MWs of clean energy projects which get funded by year end that pay out a stable yield of 7-15%. We already have these projects identified
Whitepaper and pitch deck can be accessed via request. We have lite paper and info on our first project launch on website