You probably already made the connection about the utility of this token, but if not, Pay Attention!
WePower uses blockchain technology to solve one of the most impinging issues threatening the world today — Global Warming.
How does it do it?
WePower created this Ethereum platform that enables renewable energy producers to raise capital by issuing their own energy tokens. The value of these tokens represents the energy these producers commit to produce and deliver. In this manner, WePower opens up the global market to existing energy investment ecosystems.
How does it all work?
Energy producers can trade WePower’s utility token, WTC, directly with the green energy buyers (i.e. consumers and investors), and can raise capital by selling energy upfront at below-market rates. This system of energy tokenization ensures liquidity and access to capital.
If either the producers or the consumers decide to sell out their share of WePower they can do so by trading their WTC on supported exchanges. Similarly, WTC token holders also have the option to secure their tokens safely. One way to do this is using the most secure hardware wallet available today — the Ledger Nano S/X. If you already own a Ledger device follow these steps to learn how to secure your WTC tokens or any other relevant ERC-20 tokens.
Before you begin: You will need to have the Ledger Nano X/S hardware wallet, and the Ledger Live app installed on your computer or mobile device.
Before you begin: Make sure your Ledger Live application is up to date:
- Download Windows 10 Ledger Live update
- Download MAC OS Ledger Live update
- Download Android Ledger Live update
Note: to secure any ERC-20 tokens you first need to have the Ethereum app installed on your Ledger Nano X/S. This is because all ERC-20 tokens are based on the Ethereum network. Once Ethereum is installed you can then add any ERC-20 tokens, including WTC to your account and manage your funds from there.
