Science Blockchain invests in WePower, the green energy trading platform
We at Science Blockchain are thrilled to announce our support and investment in WePower, the blockchain-based green energy trading platform, as they close their $30 million presale fund.
After meeting with the team, we were impressed with their mission of enabling green energy producers to raise capital by issuing tradeable energy tokens. Our aim is to help WePower expand while pursuing new business partnerships with energy companies, large-scale renewable energy producers, and bring global green energy buyers to blockchain and cryptocurrency.
Our aim at Science Inc. has always been to invest and support companies that are disruptive by investing, acquiring or scaling successful businesses, and we believe WePower may revolutionize energy markets by creating a new token that will help facilitate a more democratic and fair system of funding and buying renewable energy. They solve a real problem in an industry with major market potential, and we’re looking forward to seeing what we build together.
If you’re interested in learning more about WePower, you can read their pre-sale announcement and check out WePower’s Telegram channel.
Science Blockchain intends to distribute WePower tokens to Science Blockchain token holders shortly after the tokens are delivered by WePower. We do not know the exact date of token delivery yet, but we will update SCI token holders, and provide instructions and/or more information prior to distribution.
Disclaimer: This press release does not constitute an offer to sell or the solicitation of an offer to purchase the Science ICO tokens, nor shall there be any offer, solicitation or sale of the Science ICO tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Science ICO tokens have not and will not be registered under the Securities Act or other applicable state securities laws, and may not be offered or sold in the US absent registration or pursuant to an exemption from registration requirements of the Securities Act and under applicable state laws.
Science ICO tokens were offered on a limited basis to a maximum of 99 accredited US investors under exemptions from registration with the U.S. Securities and Exchange Commission pursuant to Regulation D, Section 506(c) and Regulation S of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), and the rule promulgated thereunder.
Certain statements, projections or other estimates herein (including estimates of value, returns or performance) are forward-looking statements and are based upon certain assumptions. Other events that were not taken into account may occur and may significantly affect the analysis. Any assumptions should not be construed to be indicative of the actual events that will occur.
