FRED Energy

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FRED Energy Ico Review

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FRED Energy aims to be recognised as a key player in green energy projects using cryptocurrency and blockchain We plan to aid the acceleration of alternative energy usage and generation by the consumer Be the main online market place for alternative energy products accepting cryptocurrency Collaborate with energy device innovators to bring energy saving and generation products to market Future plans are to Enter the EV charging station market via niche segments and increase market share.

RED Energy aims to promote and facilitate greater adoption and generation of alternative energy by consumers and Fund Research into Energy Devices (FRED) Rising energy costs, fuel poverty and access to support and funding for energy device innovators are some of the problems FRED Energy aims to solve.

Essential Information

Ico Time
2019-06-29 – 2020-05-29
Token Name FRED Energy
Token Symbol FRED
Whitepaper View Whitepaper
Website Link http://fredenergy.org
Price
0.005 USD
Platform
Stellar
acceptable
XLM, ETH, BTC, LTC, BCH, TRX, XRP, BNB
Minimum investment
10 USD
Whitelist/KYC KYC
Country
UK
Restricted Country
China, USA, North Korea

More About FRED Energy :

The FRED Project was founded in 2018 and started out as a mineable coin on its own blockchain (FRED Energy). The idea, to use cryptocurrencies and blockchain in accelerating the development of renewable and carbon-neutral energy devices. This we termed Funding Research into Energy Devices (FRED).

In June of 2019, FRED Energy switched to a custom token on the Stellar network to become a greener cryptocurrency and with the aim of holding token sales to raise funding for the implementation of a broader set of green energy related projects.

Due to current markets and declining investor confidence, we have recently reviewed our pricing strategy and the Soft/Hardcaps have been re-aligned to our new goals.

As we have always stated, we can continue with minimal funding via our marketplace and continued collaboration with energy device innovators, this is where we will now focus for the near term future.

Project Accelerate that aims to promote Electric and Solar powered Tuk-Tuks in Asia will continue due to the benefits of brand/project exposure and the low cost of implementation. Together with our innovation partner (DSA) we have also identified that modifications designed by DSA could provide a Solar powered Tuk-Tuk several hours between charges due to improved self-charging capabilities. This is an area we will continue to develop.

Project Accelerate that aims to promote Electric and Solar powered Tuk-Tuks in Asia will continue due to the benefits of brand/project exposure and the low cost of implementation. Together with our innovation partner (DSA) we have also identified that modifications designed by DSA could provide a Solar powered Tuk-Tuk several hours between charges due to improved self-charging capabilities. This is an area we will continue to develop.

Project Energise will become a future aim and will still feature within this whitepaper.

There is still a long way to go, if we can gain greater support from the community and investors, we can make our goals a reality.

Rising energy costs, fuel poverty and access to support and funding for energy device innovators are some of the problems FRED Energy aims to solve.

Today we are seeing a massive shift by car manufacturers and oil giants towards electric vehicles (EV’s) and the pace at which driving an EV will be the standard is accelerating rapidly. The social and economic change that mass adoption of EV’s alone will be great, electricity is today and will continue to be the dominant energy requirement for consumers. Whilst the EV revolution will play a significant part in future energy requirements in developed nations, emerging economies, population growth and increases in electrical appliance and device usage are also contributors to future forecasts of a 30% global demand increase by 2040.

This is where we looked towards the bigger picture and envisaged the solution to our future energy needs lies in new methods of energy generation, educating consumers in energy efficiency and bringing energy generation down to the consumer level. The theory is to break the current cycle by encouraging consumers where possible to reduce their energy costs by generating their own electricity and become more energy efficient, this in turn will help to stabilise costs, providing more affordable energy and energy security for all.

We believe diversification will be the key to our success and have several projects that are achievable with a relatively low funding requirement, these are;

Project Energise will focus on Electric Vehicle (EV) charging stations. The EV charging station market is currently emerging across the world and while the large corporates invest in main infrastructures, there is a need for smaller independents to fulfil niche segments.

Development of a marketplace for all thing’s alternative energy. Initially featuring our partners products, it will eventually include home and commercial EV chargers, solar panel systems, electric vehicles, consumer wind turbines and other related gadgets with payment options to include FRED Energy tokens and other cryptocurrencies along-side traditional methods. It will also feature innovator’s products and provide a platform for collaboration on new methods of energy reduction and generation.

Funding Research into Energy Devices (FRED), many of the world’s greatest inventions have been made by people with little scientific expertise but developed their inventions through trial and error. Today, there are engineers, scientists and hobbyist inventors developing technologies that will one day change the way we generate, consume and store energy.

The greatest problem many of them face is the lack of resources or funds to fully realise their inventions and get them to market. Our aim is to collaborate with these technology developers and create partnerships by providing funding for projects that could change the energy system we know today. We are already in discussions regarding several innovations and patents that aim to maximise energy production and storage.

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