ImpactPPA Opens Token Pre-Sale to Provide Blockchain Driven Renewable Energy to Developing Nations
Washington, D.C., August 15, 2017 (Newswire.com) - ImpactPPA (IMP), a blockchain-enabled platform providing clean renewable energy solutions to the developing nations of the world, today announced the opening of its Token pre-sale.
ImpactPPA has been established to disrupt the traditional methods of bringing power and related energy services to the developing nations of the world by utilizing the blockchain and smart contracts. Built on the Ethereum platform, ImpactPPA expects to create a new energy based, cryptocurrency that will become the de facto method of purchasing power and related energy services in emerging markets.
For too long these countries have relied upon external decision-making authorities and legacy finance communities with traditional financiers that often overlook the needs of these nations. The end to this bottleneck is utilizing blockchain technology and smart contracts.
Dan Bates, Chief Executive Officer
Upon release of the ImpactPPA - IMP token later this year, the Company is targeting a cryptocurrency raise equivalent of $50MM. ImpactPPA intends primarily to use these proceeds to install renewable energy solutions in communities around the globe that lack access to electricity with the goal of fundamentally improving the quality of life of millions of people.
“This is something we can all be proud of,” Dan Bates, CEO, ImpactPPA noted. “Decentralizing the access to capital for renewable energy projects around the world is designed to dramatically speed up the time it takes to get products and solutions on the ground and operational. For too long these countries have relied upon external decision-making authorities and legacy finance communities with traditional financiers that often overlook the needs of these nations. The end to this bottleneck is utilizing blockchain technology and smart contracts,” expressed Mr. Bates.
ImpactPPA’s leadership team has years experience in developing and installing renewable energy projects in over 35 countries. ImpactPPA’s current implementation plan includes pipeline projects exceeding 200 megawatts (MW) that will be managed through smart contracts by IMP Token holders. Upon a vetted and approved smart contract, ImpactPPA expects to begin providing renewable energy solutions within 90 days of verification.
More information on ImpactPPA can be found at: www.impactPPA.com or message us at: presale@impactppa.com
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding the closing of the initial token purchase, the viability of ImpactPPA’s pipeline and ImpactPPA’s use of proceeds from the offering, represent ImpactPPA’s expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of ImpactPPA’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.
Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, ImpactPPA does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for ImpactPPA to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors in connection with ImpactPPA’s initial coin offering. The risk factors and other factors noted in ImpactPPA’s prospectus could cause its actual results to differ materially from those contained in any forward-looking statement.
The ImpactPPA token pre-sale confers rights upon the holder that are set forth in an agreement between the holder and ImpactPPA and does confer any ownership right or take, share or security or equivalent rights in ImpactPPA.
About ImpactPPA
ImpactPPA (IMP) is an independent blockchain-enabled Ethereum-based utility platform providing clean energy solutions to the developing nations of the world by decentralizing traditional energy financing, energy generation, and transmission. ImpactPPA’s mission is to make electrical energy readily available to 1.2 billion people - 16% of world’s population - without electricity while reducing the effects of global climate change. Learn more about ImpactPPA’s mission by visiting www.impactppa.com.
Source: ImpactPPA, Inc.