The business model of Energy Premier
“Energy Premier’s business model functions as a blockchain-based trading platform intermediary, and can be expanded with added revenue streams.”
Energy Premier is a blockchain-based electricity retail & bidding platform that allows its users to make electricity bidding sessions, trade with EPC tokens, and put their electricity for auction. The Energy Premier platform is live and already has lead users (suppliers and consumers) and a team of professionals, blockchain innovators, energy traders, consultants, etc. to make the platform to be a global-leading energy trading platform.
While most of the discussions about Energy Premier are based on the platform itself, EPC tokens, innovative technology, etc., it is important to mention the business model of this platform because it is a great way of showing how the Energy Premier is built and what its objectives are.
The business model of Energy Premier is based on charging fees for service and access, and taking a % from retail energy contract. Energy Premier draws its revenues from all interacting sides, including: suppliers, consumers, and brokers, through its business model as a blockchain-based electricity trading platform (and other energy in the future).
The two main revenue streams are:
- Charging participants for service and access to the market through the platform — participants that own EPC tokens will have priority in auctions, and their priority will be proportionate to the amount of tokens they own. Moreover, the EPC token ownership enables consumers to build their own real-time bidding sessions;
- Taking a cut of every transaction that happens on the platform — that share will be significantly lower if EPC Tokens are used — which will lead to higher EPC usage.
What are the benefits for the users?
Consumers — Individuals or companies that want to buy a certain amount of electricity. They can access all suppliers with a few clicks, while being able to define their own conditions and parameters (e.g. consumption, payment, period of supplying, etc.). Consumers have the ability to determine the date when to receive the best offer. Moreover, they can create a group requests and are charged with a low fee for using the full array of the Energy Premier services;
Suppliers — Companies that want to supply the consumers with certain amount of electricity. They can also access a large number of consumers with a few clicks. Suppliers can choose to bid in bids automatically, through a pre-defined criteria. They can create separate products (e.g. payment conditions, token-based bids, ways of calculating consumption limits, etc.), and can access the group-consumer requests. Therefore, they are charged with a fee for using the full array of the Energy Premier services, in order to find consumers and send offers;
Brokers — Individuals who arrange transactions between a consumer and a supplier for a commission when the deal is executed. They are able to receive requests from consumers and to officially create requests on energypremier.com.
What’s the best for the Energy Premier business model?
ICO — We live in a time when technology makes giant improvements and changes in our lives and our businesses. Part of these improvements is the ICO. There are many companies that look for crowdfunding as the best way for starting business. It has become such a popular and profitable business way, and that’s why Energy Premier created an ICO accompanied with the EPC Tokens. The Energy Premier ICO is different than the others because it already has live product with lead users, which proves that the model and idea are working.
Energy Premier plans to become a global leader in electricity bidding and trading. With a global market size of $10tn, it also has the potential to reach truly large scale. This is why we are emitting 200bn tokens — a volume equal to the amount of MWh consumed each year globally.
Thank you for reading.
Subscribe to the largest electricity bidding platform and keep up with our updates. Participate in discussions on our Telegram channel as well: https://t.me/joinchat/Hq0j1hDxZ3eRKFNo5f7oTw
Join the pre-sale and crowdsale here: https://tokensale.energypremier.com/
You can also check some similar articles:
- How is the Presale different from the Crowdsale
- Never miss anything from Energy Premier
- Energy Premier — The future of retail electricity trading
- The most successful ICOs of 2017
