Block chain energy and communication BEATRIX ICO is a green and affordable sustainable energy project aiming to solve the crisis and shortage of Africa’s energy and telecommunications. The proposed solution is to build a distributed energy tower using buoyancy technology that efficiently produces green electricity. Energy Tower is an innovative patented technology that is more efficient than wind and solar systems. This tower is deployed throughout the continent through their decentralized energy and telecommunications sales (DETD) ecosystem. Their ecosystem is cooperated with companies in Germany and Switzerland. The generated energy is stored in a RIX token which is a complete ERC-20 compliant Ethereum utility token. RIX is the only energy-based token purely green and self-generated, independent of the third-party provider.
The BEATRīX platform within the RSC collects data on whether an energy consumer needs to purchase more energy or if a RīX holder is willing to sell his token. Based on the need to purchase or sell energy, a purchase or selling tag is formed, which is then sent to all participants of the suggested energy- transaction platform. The tag is then confirmed by a participant who wishes to engage in a transaction with the original RīX owner/consumer. Then, the tag is assigned to a block, which is when the transaction becomes valid. The generation of a block triggers a ledger between the two participants engaging in direct energy transaction. Finally, the ledger is then sent to all participants in the BEATRīX platform. The BEATRīX-transaction platform based on the tag embedded in the blockchain will allow for a trade that considers the current price rate of energy in each energy domain, purchase demand rate, sales demand rate, and trade object and trade protocol selection. This information is then permanent, transparent and secure, making sure that future trade decisions and tag productions are stable, thus maintaining the constant choice of high-quality energy and low-cost energy for a more sustainable blockchain solution in Africa.
Defining The Problem Beatrix Seeks To Solve
This platform was created with access to electricity in mind. Every village individual and local economy should have the power to help it grow. However, electricity is more than an economic provision. It is also a humanitarian one. For most in rural Africa, electricity is not about running a TV or the refrigerator. Rather, it is about offering heat and light from a source that does not fill the home with nasty fumes. Besides that, power can be used to charge cell phones. These cell phones are used to receive important calls, make payments, and even get important news. Providing cell phones and power will mean healthier families, educated kids, and a chance for financial inclusion. Beatrix decided that it would not go the route of centralization. Instead, it would make it possible to generate power in a decentralized manner. This is practical since many rural areas in African do not have the infrastructure to connect to the grid. This project presents a real chance to demonstrate to the world how impactful small-scale DETDs can be. With green and sustainable power from the buoyancy tech and the Decentralized Electricity and Telecommunications Distribution (DETD) eco-system, it will boost connection to power. Besides that, it will promote mobile network coverage to a level that might have taken decades in some cases.
Beatrix RIX Token ICO Details
Parameters Of The ICO
- Ticker: RIX
- Private Sale: July 1, 2018 – July 11, 2018
- Pre ICO: July 18, 2018 – August 28, 2018
- ICO Main Sale: October 12, 2018 – November 12, 2018
- Price: 100 RīX = US $ 2,50
- HARD CAP: 12,500,000
- Accepted: BTC, ETH, USD, EUR
- ICO Location: Germany