Coin Economy

TerraGreen platform main purpose is to develop a renewable energy ecosystem that uses the blockchain technology to deliver and exchange green energy with no central authority or trusted third party controlling the platform. Hence, this provides the possibility for individual and/or investors to take possession and control of their future energy use. Additionally, the TerraGreen platform allows monetizing energy-related work. The tokenization of renewable energy production makes TerraGreen token a viable option as the digital currency as defined by DeKo thesis. TerraGreen token is generated by renewable energy producers and thereby sell these tokens within the TerraGreen platform

TerraGreen platform’s terms & conditions imposed each renewable energy producer to give 0.5% of energy coin offered to the TerraGreen token holders as part of dividend declaration. This dividend is declared at the end of the second year from successful commercial operation date (COD) of the renewable energy plant. Each TerraGreen token holder receives this dividend as a tokenized energy proportionally, depending the amount of token the holder has. This tokenization of renewable energy