Smart World Union(SWU) Review: Everything To Know About

About Smart World Union

Smart World Union has launched the SWU. SWU will be a utility token to be used for payments, purchases and traceable transactions within the renewable energy industry. The SWU want to use the blockchain to change how they consume energy in a world that is already undergoing an energy transition. The goal is to provide complete transparency throughout the entire energy value chain, which includes power generation, transmission, distribution, and consumption. SMART WORLD UNION is the new energy token, aiming to rise to the future challenges of the energy industry.

Lockup

The SWU tokens sold during the first round of the initial coin offering will be locked up for six months. The tokens sold during the second round of initial coin offering will be gradually released in 15% tranches each month (10% the last month) resulting in full release at the end of six months. The tokens of Chez Switch team members and partners will also be locked up for six months, then gradually released in 15% tranches every month (10% the last month).

SWU DISTRIBUTION

They will allocate tokens to reserves to make sure we can sell tokens under future partners’ monthly public offerings. Having tokens in reserves also helps make sure they can grow the network over time—especially the energy marketplace. We will use tokens allocated to premiums and marketing to launch marketing campaigns to encourage people to use SWU tokens and ensure our tokens are listed on the right platforms.

DISCOVER A TOKEN that allows you to pay your bills directly with your operator, whether for electricity, gas or telephony.

PARTICIPATE IN THE TOKEN which certifies the origin of your energy with smart contracts, the authenticity of ecological producers and the green energies that you consume.

MANAGE THE TOKEN which will allow you to sell the energy produced by your own facilities on an international marketplace.

IMAGINE THIS TOKEN that helps you produce your own green energy yourself by financing ecological projects all over France.

Green energy producers, suppliers, and consumers earn rewards in SWU tokens

DAOs (decentralized autonomous organizations) are designed to be automated and decentralized. DAOs help minimize human error and the ability to manipulate funds by transferring decision-making power to an automated system and a collaborative group process. The SWU DAO comprises community members working together to fund projects and make decisions on how to allocate these resources. Proposals are made by network participants and approved by a majority consensus. Members use their SWU governance tokens to participate.

This sponsorship structure would be managed by a democratic system called a DAO* (decentralized autonomous organization). Our goal is to guarantee totally decentralized and transparent governance. Entities with green projects can showcase their efforts to the DAO. After everyone who holds SWU tokens votes, the DAO would allocate a budget to support these new projects.

The marketplace for energy producers and distributors

Using blockchain technology provides security and transparency for international trading between producers, wholesalers, and operators. In its analysis, Blockchain: A true disruptor for the energy industry, the consulting firm Deloitte rightfully praised blockchain technology in the energy sector.

According to Deloitte, “one of the most obvious and powerful uses for a digital ledger technology is to provide a reliable and efficient platform for executing and recording transactions (and for tracking ownership as assets change hands multiple times before settlement).”

PLATFORM FOR CONSUMERS

Pay utility bills with SWU tokens Energy complies with international green energy production standards Conscious consumers earn rewards for going green

PARTICIPATORY GREEN ENERGY FINANCING

Producers, suppliers, and consumers earn rewards in SWU tokens Fully decentralized and transparent governance via a DAO Green project funding through SWU token staking

THE MARKETPLACE FOR ENERGY PRODUCERS AND DISTRIBUTORS

New energy exchange for negotiating sales contracts on the spot market Futures contracts for industrial customers
Carbon offsetting Rewards for energy producers that stay under set CO2 emission levels.

The SWU Project’s Diverse And Dedicated Team

GARBAY GUILLAUME CHAIRMAN CHIEF EXECUTIVE DIRECTOR

BECHMANN PIERRE BUSINESS DEVELOPMENT MANAGER

FADIL TARIK HEAD OF OPERATIONS

EGGRICKX THIBAUT DIGITAL MARKETING MANAGER

SAMY VEGAS TOKEN AND BLOCKCHAIN ​​DEVELOPMENT MANAGER

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