TerraGreen: The Future of the Decentralized Renewable Energy Industry

Introduction

The number of our planet's population is increasing every year. With the growth of this indicator, the volume of agricultural production is increasing and this leads to an increase in the volume of biological waste. Such waste will release large amounts of methane which negatively affects the ozone layer. At present, many farmers are trying to overcome them in various ways, often inaccurate, causing water pollution, decreasing soil quality and releasing large amounts of CO2 into the atmosphere. However, other types of waste also damage the environment.

What exactly is TerraGreen?

TerraGreen platform is the first of its kind in the cryptocurrency industry. Major projects are at the forefront of research and innovation through the use of waste for the production of natural energy. The initial offer of TerraGreen coins gives the public the opportunity to participate and profit from this technology. TerraGreen platform is decentralized and protected by blockchain technology using the SHA-384 algorithm.

This is a unique attempt to use the blockchain for micromanaging biomass waste in the agricultural and forestry sectors and effectively convert them into renewable energy products. These natural products will have a higher economic value at the end of the process. With TerraGreen Coin, consumers can be directly involved in the management of biomass waste and the production of products from renewable energy sources, which, in turn, support the green energy revolution.

In addition, Terra Green platform will use the latest technologies for recycling, which include biomass gasification technology, gas conditioning systems, as well as systems for the production of synthetic fuels and a number of others.

The Goal

The goal of TerraGreen is to facilitate the so-called Energy Transition and move the next generation towards renewable sources for more efficient use.

According to statistics, humans produce around 2.12 billion tons of waste, including 100 million tons of biological waste, 1.3 billion tons of solid waste, 10 million tons of waste, and 400 million tons of hazardous waste.

The Terra Green platform ensures that waste is used in a reasonable manner and converted into renewable energy sources such as electricity, heat, gas and biofuels, which reduces its environmental impact.

The purpose of Terragreen

The main goal of the creator of the Terra Green project is to change the concept of waste and turn it into the biggest resource that has never been used by people before. In addition, the project developer intends to promote the creation of renewable energy production facilities in all countries of the world through the introduction of financial and credit incentive mechanisms where people can earn income from participation in waste treatment.

Work Principles

For waste treatment, the Terra Green plant will use the latest technology, including biomass gasification technology, gas conditioning systems and systems for the production of synthetic fuels and a number of others. Within the framework of this project, the developer aims to fulfill the following plans:

Optimizing CHP plant operations by recycling biological waste;

Using the Fischer-Tropsch process to form synthetic fuels in the form of generator gases which imply the biogas gasification process;

Synthesis of methane from biomass waste;

Provides hydrogen production with steam gasification along with gas cleaning;

Forms mixed alcohols that can be used in the chemical industry or as octane promoters;

Forms cellulose from biomass waste that can be used in the pulp and paper industry.

The main financial means of the platform will be TGN tokens, which can be used to purchase products of the platform, including electricity and heat. Due to the fact that each coin will be provided with a certain amount of electricity, this currency will be more stable than any token supported by the Fiat currency or gold.

Smart contracts will be concluded for the supply of electricity, heat or other products to ensure that all prescribed conditions are met. In case of failure of one of the parties to the agreement with their obligations on it in accordance with the conditions of a smart contract, will be fined.

The sale of electricity, heat and other products will be carried out by local utilities, which in turn will distribute it among users of services at an affordable price.

It is important to note that the TGN token can also be used as an investment. Starting from the second year of the project, coin holders will earn an income of 0.5 percent of the total income of all renewable energy plants. TGN coins can be bought during the ICO.

The TerraGreen Design Features

Along these lines, to tackle the issue, the TerraGreen group has built up its decentralized platform, where they mean to welcome tasks that are prepared to help in this great motivation.

In addition, specialists from TerraGreen trust that the matter of waste preparing can bring no less benefit than some other business for the extraction of similar minerals or some other rural venture.

ICO Details

The developers intend to sell 108 million coins. The cost of TGN will increase with each stage of sales. In the first stage, 1 TGN can be bought for $ 0.1, and in the fourth-for $ 0.2. It will be possible to buy tokens in the period from January 21 to may 2, 2019.

Softcap project - $ 5 million, hardcap - $ 11 million.

Fund Allocation