Article Summary, Automatically Generated By AI
Summary
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2017-2018
: Green project began, originally governed by Green United, LLC. -
2023
: Green Distributed Governance Framework Charter implemented, giving governing authority to Green node owners. -
2018
: Project launched on July 4th, selling hardware nodes with GREEN ERC-20 tokens. -
2019
: Launched v1 PowerPay, allowing token holders to pay power using GREEN tokens. -
2020
: Hardware nodes deprecated, replaced with software nodes. -
2022
: Launched new site for digital rewards, minting, and viewing rewards.
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About Green Metaverse
In 2017-2018, Green United, LLC embarked on the Green project, which has since evolved into a decentralized entity. As a result, Green United no longer exercises governance over the project. A pivotal milestone was reached in 2023 with the introduction of the Green Distributed Governance Framework Charter, effectively transferring governing authority to the Green node owners.
A key proponent of the project is Set Power Free, a pioneering company dedicated to developing innovative, blockchain-based products and services on the Green Blockchain. With a bold mission to decentralize the power grid and make renewable energy universally accessible, Set Power Free is poised to revolutionize the global energy landscape.
Project Timeline and Development Roadmap
Inaugural Project Launch in 2018
The Green Project was inaugurated on July 4th, 2018, marking a significant milestone. Initially, it involved the sale of hardware nodes, wherein users were rewarded with GREEN ERC-20 tokens in exchange for operating the hardware.
Inaugurating 2019: PowerPay Version 1
We unveiled the inaugural version of PowerPay, empowering token holders to settle their electricity bills using the GREEN tokens accrued through operating their nodes.
In 2020, a pivotal year for decentralized innovation, software nodes emerged as a cornerstone of the burgeoning blockchain ecosystem.
In 2020, the hardware nodes were phased out, and innovative software nodes were developed to supplant them. This technological advancement enabled the Green Miner to seamlessly operate on standard users’ computers, rendering specialized hardware obsolete.
Introducing Our Revamped Platform: 2022 Edition
In collaboration with community member Set Power Free, Green unveiled a novel platform designed to facilitate the management of digital rewards, minting on the Ethereum network, and tracking rewards earned through various activities, including referrals and node operation.
Introducing the 2023 New Reward Chain and PowerPay v2: A Revolutionary Leap Forward
2023 proved to be a pivotal year for Green, marked by several significant milestones. The community took a major step forward by establishing a Decentralized Governance Framework (DGF) and a Node Network Charter. Furthermore, they successfully launched a native blockchain, dubbed the Reward Chain. Meanwhile, Set Power Free, a dedicated member of the Green Community, embarked on an ambitious project to develop the second iteration of PowerPay.
Beyond the Horizon: 2024 and Beyond
The enduring vision of Green remains unwavering: to democratize the power grid, empowering individuals to participate by hosting Green nodes, earning digital incentives, and settling their energy expenses using the GREEN ERC-20 tokens. Furthermore, the integration of the innovative PowerPay product will provide users with a dedicated platform to utilize their GREEN ERC-20 tokens.