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Hive Power

Energy & Utilities

Overview

Hive Power develops a platform which provides consumers with the possibility to benefit from the creation of electrical energy communities on the Ethereum blockchain. Within those communities, neighbors can share their energy with each other.

Features

Hive Power platform takes into account technical aspects, such as cables, power rating, and voltage limits in order to provide an optimal solution that achieves multiple objectives. Hive Power is designed for the current grid configuration, enabling the electrical grid to operate safely and cost-effectively by ensuring a fair and resilient energy market for all actors involved.

Each Hive contains a Queen, which collects the energy forecasts and coordinates the energy production and consumption of the Workers in the Hive. Each Hive has a unique Administrator. Hive Power administrator also manages the local grid infrastructure and ensures that the Ethereum Meters are installed correctly. In the Hive Power framework the interaction between a Hive and its Administrator is not direct, but it is mediated by a smart contract called the Beekeeper.

The Hive smart contract has the main functionality to manage a single hive. An instance of this contract is deployed on the blockchain by the Beekeeper if a sufficient staking of HVTs is provided.

Hive Power will set up a governance system to allow all HVT holders to provide input and feedback on the upgrades of the Beekeeper Contract, allowing them to address the development of this service, and as a consequence, to influence the entire project framework.

Crowdsale

Token Sale
ICO start date 11 Jun 2018
ICO end date 30 Jun 2018
ICO token supply 100,000,000
Soft cap 1,000,000 USD (fiat)
Hard cap size 11,000,000 USD (fiat)
Raised 900,000 USD
Legal
ICO Platform 3
Token details
Ticker HVT
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Bonus Program

Royal Jelly

  • First 5 million HVT - 30% (1 HVT = 0.192 USD)

Honey

  • Next 20 million HVT - 10% (1 HVT = 0.227 USD)

Propolis

  • The remaining 25 million HVT - 0% (1 HVT = 0.25 USD)
Token distribution
  • 65% - Resesarch and development
  • 20% - Pilot projects
  • 15% - Expansion
Funds allocation
  • 54% - Sale (50% - public, 4% - private)
  • 33% - Company
  • 10% - Founders
  • 3% - Referral & Airdrop

Ratings

Type of scores
Score
Status
Hype score Medium Active

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info NA
Hive Power ICO Contacts
Website

Ended

$900,000 Of $11,000,000 (8%)

Start ICO 11 Jun 2018
End ICO 30 Jun 2018
Token HVT
Price 1 HVT = 0.25 USD
Product Type Service Platform App
MVP Only design
Whitepaper View
Hive Power rating widget
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