• Power Coin ($POCO) is the governance token of the PowerU ecosystem, a distributed energy sharing BoT (Blockchain of Things) application chain.
• It aims to solve various challenges in the energy sharing sector by providing a decentralized autonomous energy sharing network.
• $POCO’s value is supported by token buyback and value management based on fiat, income generated from PowerU energy sharing and IoT services.
What is Power Coin?
Power Coin ($POCO) is the governance token of the PowerU ecosystem, a distributed energy sharing BoT (Blockchain of Things) application chain and a Cross-National, Multi-Scenario Clean Energy Sharing Ecosystem.
What Problem Does it Solve?
Power Coin aims to solve various challenges in the energy sharing sector by providing a decentralized autonomous energy sharing network.
Utilities of Power Coin
$POCO holders can pay for energy sharing rentals or other ecosystem-related transactions such as minting NFTs of mining rights, paying gas fees on the application chain, etc.; stake or mine to earn rewards; participate in ecosystem governance; and contribute to the growth and development of the PowerU ecosystem. Additionally, $POCO can be used to purchase LIWA NFTs and generate Mining Licenses by pledging a certain amount of $POCO, allowing them to participate in License staking mining and/or mining by valid orders of energy-sharing devices. Moreover, it can be used to access and consume various IoT services provided within the platform.
Value Support for Power Coin
The value of $POCO is supported by token buyback and value management based on fiat, income generated from PowerU energy sharing and IoT services, and widespread adoption of its application chain in other IoT services or market expansion in different regions.
Purpose & Goals
The purpose behind creating this token was to provide users with clean, safe, cost effective energy sharing ecosystems with significant growth opportunities & high investment returns while connecting sharers & users for direct free trading with reduced transaction costs across various industries & scenarios including powerbank charging & new vehicle charging etc.