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Summary of QoWatt
Numbers and Figures:
- 10 million: number of electric vehicles (EVs) on the world’s roads today
- 100 million: projected number of EVs within the current decade
- 1: number of charging station required for 0-20 spaces
- 5%: percentage of spaces with charging stations required for 20-40 spaces
- 10%: percentage of spaces with charging stations required for 40+ spaces
- 0.85: QWT generated for each Kwh sold in the towers
- 2050: year the European Union aims to become climate-neutral
About QoWatt: Empowering a Sustainable Energy Future
Facilitating the global adoption of electric mobility with the first green energy charging solution, powered by Elrond’s technology, Europe’s pioneering negative carbon blockchain. QoWatt is a company committed to the energy transition, driven by a singular mission: to establish the largest European network of charging infrastructure for electric vehicles at the heart of commercial spaces and business centers. QoWatt aspires to harmoniously merge the concepts of eco-sustainability and energy efficiency with those of blockchain and decentralized finance. QoWatt’s vision is to help create a future where humanity can unlock its full potential. The QoWatt model can be replicated across the entire energy proving industry, possessing the power to facilitate the formation of a deflationary, green token and integrate seamlessly with the economy of smart green cities. The future is decentralized, deflationary, and eco-friendly. The inclusiveness of the platform: open and collectively owned. The 1st French green startup linked to a #ESDT $QWT with real utility built on #Elrond, the 1st carbon-negative blockchain. An economic model that safeguards the interests of investors and users. Increasing the value and impact of the QoWatt token ($QWT), which will be the first future-driven DeFi token with the social function of creating an eco-sustainable future in a rapid and profitable manner. QoWatt is striving to implement positive changes towards eco-compatibility and sustainability. QoWatt provides DeFi-based distribution infrastructure that will empower a vast community adopting and boosting eco-sustainable recharging units for electric vehicles. Green mobility: from a necessity to an opportunity. The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) the world’s first “climate-neutral bloc” by 2050. It has goals extending to many different sectors, including construction, biodiversity, energy, transport, and food. Under these circumstances, Electric Mobility is no longer a futuristic concept or a what-if scenario. There are already over 10 million electric vehicles (EVs) on the world’s roads today, and this number will surpass a hundred million within the current decade. During 2021 in France, one in every five cars sold was an electrified model. The objective of carbon neutrality for land transport by 2050 has been translated into French legislation by the Mobility Orientation Law (LOM). The LOM law has strengthened the obligations to pre-equip and equip professional co-ownerships with charging stations. 0-20 spaces: minimum of 1 charging station. 20-40 spaces: up to 5% of spaces with charging stations. 40+ spaces: up to 10% of spaces with charging stations. QoWatt, France’s 1st operator of charging infrastructures for co-owners – QoWatt provides an investment solution to benefit the co-ownership; – QoWatt facilitates the process of getting its collective recharging solution approved by the co-owners; – From installation to support, QoWatt takes care of everything. The property managers and co-owners do not have to handle any issues. A Win-Win partnership – The co-owners have nothing to spend. QoWatt takes care of 100% of the investment. – The co-owners benefit from the performance of the installation through a fee for each kWh delivered. – QoWatt amortises the installation and management of the infrastructure by receiving a return on the recharges. Current situation for consumers Using charging terminals is often complicated. The user usually has to install up to 20 different applications, each requiring registration. Most of the current chargers are installed in the center of a town or in shopping malls. There are few to none chargers in work and office areas. QoWatt disruptive charging towers (tech added value) An ultra-simple terminal: contactless payment by credit card without prior registration required. A charging station offering the best speed/price ratio. A charging station that is compatible with all electric mobility operators QoWatt preferred spots (geo added value) QoWatt will select carefully the charging spots to ensure the full use of the network. Relevant charging spots will maximise the total delivery of Kwh. Blockchain added value Elrond Blockchain allows automating processes with QWT in an efficient, low-cost, low-latency, and secure way. Limited staking/voting NFT system QWT staking rewards are exclusive for investors with an NFT seat; our NFT allows you to participate in the Qowatt DAO governance. Each Kwh sold in the towers generates 0.85 QWT to the rewards wallet.