Solareums mission, vision, and goals

Why Solareum exists

If you are the kind of person, who likes to have control over your first necessities of life, then Solareum has a solution for you. Solareum stimulates the decentralization of renewable energy and enables you to determine what happens to your renewable energy and generation without a middleman or other centralized entities involved. Solareum empowers you to use and monetize your generated renewable energy how you want it, with who you want it, where you want it, and when you want it. We believe in thinking differently and challenging the status quo. We are doing this by creating environmentally friendly and decentralized solutions that serve the social interest while being inclusive. This has resulted in SolareumChain, the first peer-to-peer renewable energy generation-based blockchain and energy system embracing these norms and values.

Solareum introduction video

How Solareum fundamentally works

Solareum has based the core principles of SolareumChain on renewable energy generation and created a unique consensus mechanism called Proof of Generation (PoG). Renewable energy producers can become a validator of SolareumChain by generating renewable energy like they always do. In the process of doing this, producers are securing SolareumChain, while using negligible amounts of their renewable energy.

Because renewable energy producers are very rich in diversity and include households and businesses, a high degree of decentralization can be reached, which is both environmentally friendly and inclusive at the same time. Solareum has created the Delegated proof of Generation consensus mechanism (DpoG) to stimulate inclusivity even more. Renewable energy producers can pool their validation power to ensure everyone can validate and secure SolareumChain.

Producers of renewable energy who are validating SolareumChain, and are securing SolareumChain in the process receive mining rewards. The mining rewards create incentives for individuals to become a validator of SolareumChain and consist of block rewards and fee rewards paid by individuals using SolareumChain. Fees are paid based on best efforts made, and create extra incentives to validate SolareumChain and ensure that incentives for validating stay present in the future. Even when mining depletes all blocks within SolareumChain, validators can still monetize.

Because renewable energy generation has not reached mass adoption yet, Solareum features a dual validation system that stimulates additional inclusivity. The second mechanism is validation based on holding the Solareum coin within the Solareum blockchain. Keeping Solareum coins within the Solareum blockchain results in becoming a validator as well.

The mechanisms and principles Solareum offers stimulate mass adoption of renewable energy generation and the use of SolareumChain itself, which is environmentally friendly and inclusive. Solareum takes decentralization to the next level by decentralizing financial transactions and additionally decentralizes the source it uses to power and secure it. By doing this, Solareum will realize its end vision and goals.

Producers and consumers of renewable energy will be able to monetize their generated renewable energy by validating and securing SolareumChain, receive rewards in the form of Solareum coins for doing that in the process, these rewards can then be sent to a centralized exchange, deposited on a crypto-credit card or finally could be used to pay in stores or to simply withdraw cash from an ATM. All this will be possible without any middlemen or centralized entities besides exchanges involved.

What Solareum does

Solareum — Genesis — Solareum Nebula

The genesis of Solareum is about why Solareum as a project has come into existence and why SolareumChain will come into existence. Solareum genesis consists of partial norms and values that will be fully embraced and fused with the genesis of SolareumChain. The Solareum genesis project will offer the following features and deliverables throughout the complete lifespan of the current roadmap delivery.

• The Solareum genesis Ethereum project and ERC-20 token;
  - Auto-mining rewards and distribution;
  - Halving principles;
  - Compound interest;
  - Tampering phases;
  - Flexible but limited tax;
  - Solareum contract security audit report;
• Publication of the Solareum extended Whitepaper;
• SolareumREGQL protocol for Ethereum and extended Whitepaper;
• Solareum Wallet for Ethereum and extended Whitepaper;
• Solareum Swap + OTC and other unique features on Ethereum + extended Whitepaper.

SolareumChain — Genesis — Solareum Molecular Cloud and Nuclear Fusion

The genesis of SolareumChain, the renewable energy generation-based blockchain, is additionally based on the ownership of Solareum coins. Validating and securing SolareumChain and receiving mining rewards from SolareumChain, will happen based on these two core fundamental principles. The earlier launched utility for Ethereum will also be available on the SolareumChain testnet. In the end, the SolareumChain mainnet will go live. From that point forward, SolareumChain is fully born and operational.

• SolareumChain (POC) proof of concept #1;
• SolareumChain (POC) proof of concept #2;
• SolareumChain testnet launch;
• Solareum testnet bounty program;
• Solareum Labs;
• SolareumREGQL protocol for SolareumChain testnet and extended Whitepaper;
• Solareum Wallet for SolareumChain testnet and extended Whitepaper;
• Solareum Swap + OTC + unique features for SolareumChain and extended Whitepaper.
• SolareumChain mainnet and utility security audit report;
• SolareumChain mainnet launch;
• SolareumChain official public utility launch.

Initial utility — Genesis — Solareum Nebula Dispersion and Solareum Wind

The SolareumChain testnet utility will be made available publicly on the SolareumChain mainnet. Possibilities are expanding, but this is only the beginning of the Solareum journey.

• Publications of the Litepapers for the SolareumChain utility that are listed below;
• SolareumSwap for SolareumChain;
• SolareumREGQL for SolareumChain;
• SolareumWallet for SolareumChain.

SolareumMarket — Genesis — Solareum final Accretion

More coming soon…

• Solareum decentralized renewable energy marketplace Whitepaper;

Read the roadmap for more details on timelines defined per quarter and additional events on top of the above-listed deliverables. Read the Litepapers and Whitepapers for more in-depth information as it becomes available when the launches and release dates come closer. The Litepapers will be a summarized version of the Whitepapers. The Whitepapers will contain all in-depth technical information and other details about Solareum, its Ethereum utility, and the blockchain SolareumChain and its utility.