28 Jul '17, 10am

Blockchain Investment Fund Begins Initial Coin Offering for New PV Plants

Blockchain Investment Fund Begins Initial Coin Offering for New PV Plants

Energy-focused blockchain investment fund Solar DAO yesterday started the preliminary initial coin offering (ICO) for its two-stage crowdfunding campaign to raise funds for the construction of new solar PV plants. The pre-ICO will end Aug. 31, and the core ICO is scheduled to start by the end of October. According to the company, there will be a total available supply of 80 million Solar DAO tokens, with an initial token price of $1 per token. Solar DAO is a closed-end investment fund built on Ethereum blockchain. The company said its solar plant investments will focus on the Israeli, Portuguese, Kazakhstani and Ukrainian markets over the next four years.

Full article: http://www.renewableenergyworld.com/articles/2017/07/bloc...

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