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July 17 2019 - 9:20AM
InvestorsHub NewsWire
Blockchain Start-up RENBDO Ready to
Launch Pre-ICO
July 16, 2019 -- InvestorsHub NewsWire -- Eco Smart Energies Ltd
( www.renbdo.io ) is pleased
to reveal that the company is now ready to start the pre-ICO
campaign for their upcoming project RENDBO or Renewable Energy
Network Based on Decentralized Organization. The goal of this
campaign is to secure funds for the installation of as many as
fifty-two wind turbines for the production of green energy.
This pre-ICO is an excellent opportunity for the crypto-investors
to purchase the project’s proprietary Renewable Energy Token (RET)
for a 50% reduced price, which will be available for the first 10%
of the tokens. Once ten million tokens are sold, the pre-ICO
phase will end and the ICO campaign will start.
Excessive burning of fossil fuels has been one of the leading
environmental challenges for many years. This human activity emits
a number of air pollutants that are harmful to both the environment
and public health. However, the use coal is still prevalent in
conventional power sectors. One of the most recommended
alternatives to replace fossil fuels in the use of wind energy.
With a wealth of experience in production and distribution of
electricity, Eco Smart Energies Ltd has conceived the RENBDO
project with the aim to set up a wind farm comprising of fifty-two
turbines. Interestingly, 70% of the required funding for this
initiative has already been covered by the European Union
irredeemable funds for green energy and the remaining 30% will be
covered by the upcoming ICO.
Through the pre-ICO campaign, Eco Smart Energies will introduce
their Renewable Energy Token (RET) to the market with the objective
of creating an ecosystem where the investors will receive return on
their investments based on the amount of tokens owned by them.
Ownership of one RET is equivalent to owning one asset in Eco Smart
Energies. 90% of the total profits will be distributed amongst the
token holders while the remaining 10% will be spent for maintenance
purposes and for the employees.
Eco Smart Energies will soon release an application that will allow
the token owners to view the wind power produced as well as send or
receive tokens. The token holders can also actively participate in
issues that are related to the future of the wind farm. Finally, by
eliminating middlemen, RENBDO minimizes the probability of
fraudulent transactions and activities.
To purchase RET for a 50% reduced price, crypto investors are
invited to visit http://www.renbdo.io/
About RENBDO: RENBDO or Renewable Energy Network Based on
Decentralized Organization is an upcoming cryptocurrency start-up
venture that aims to set up wind farms for the production of green
energy. The primary objective of this project is to collect
adequate funds for the installation of up to 52 wind turbines
through an Initial Coin Offering (ICO). This project is the
brainchild of Eco Smart Energies Ltd, an organization founded in
2015 by a group of industry specialists. Prior to the launch of the
RENDBO platform, they were engaged in production and distribution
of electricity.
Media Contact
Name : Elna Jem
Email : elna@renbdo.io
Phone : +447418325172
Website: http://www.renbdo.io/