Greenstorc Launches on Das33's Groundbreaking Platform

Sep 27, 2018 18:00 JST

Source: DasCoin

Disruptive heat-to-power company is first ever company to debut on Das33

LONDON, Sep 27, 2018 - (Media OutReach) - Greenstorc Ltd., with its disruptive heat-to-power and enhanced shallow geothermal systems, raised EUR1.5m in the first round on the Das33 crowdsourcing platform in just 60 hours.

Greenstorc's mission is to bring clean, affordable, 24-hour energy to all - with a special focus on communities which have never before had access to electricity. Since its foundation in 2017, Greenstorc has assembled a team of world-class clean energy experts including respected German heat engineer and company chairman Johannes Bergsch whose proprietary thermal energy recovery technology is breaking new ground.

"We're delighted to be chosen as the first project to launch on the new Das33 platform. This innovative funding method will enable us to gather resources without diluting our shareholding or incurring significant debt. We're confident that Das33 will allow us to take our evolution to the next level," said Greenstorc Ltd. CEO, Paul Flynn. "Das33 is unique as it already benefits from a highly motivated and engaged community of over 125,000 DasCoin holders who have been given first priority in the initial round."

DasCoin CEO Michael Mathias added: "It has been a great privilege to welcome Greenstorc as the first company onto the unique Das33 crowdsourcing platform. Greenstorc is an exciting business with tremendous growth potential, and we are honored to help them reach their goals and at the same time build value for our Das community with this unique approach to crowdsourcing."

All current and future Das33 rounds require participants to exchange DasCoin or Bitcoin held in their DasWallet accounts for 'premium tokens' - smart contracts in which a pre-determined premium will be transferred upon the company achieving its stated performance milestones, also known as 'key performance indicators' (KPIs).

About Greenstorc Ltd: Greenstorc is a disruptive heat-to-power company offering green sustainable technologies where they are needed most. Greenstorc specialises in creating green power from a range of heat sources. Applications are particularly suited to shallow geothermal, Concentrated Solar Thermal (CST), Combined Heat and Power (CHP) and biomass/gas plants. Refinements to Organic Rankine Cycle (ORC) technology mean zero emissions power can be created at all times without the use of batteries.

Headquartered in the United Kingdom, the company is a Social Impact Organisation (SIO) dedicated to bringing clean, affordable, continuous energy to a range of poor, remote global communities. Greenstorc itself is becoming a global community with the highest standards of integrity, service and commitment to a fair deal. It believes in power being made where it is used, where this is possible. It seeks to eliminate waste, recycle resources and work towards eliminating global carbon emissions.

www.greenstorc.com

About DasCoin: DasCoin is a better way to store and exchange value and is the next step in the evolution of money.

DasCoin is the blockchain-based currency at the center of an innovative digital asset system that seeks to optimize the strengths and eliminate the weaknesses of existing currency systems. It is fast, efficient, balanced, secure and scalable.

DasCoin is focused on creating a digital currency that delivers superior performance through greater operational efficiency, increased transaction capacity, wider distribution, better governance and greater regulatory compliance. Protected by industry leading security protocols and a permissioned blockchain, DasCoin is a pioneer in the sector with the goal of becoming the world's first mainstream digital currency.

www.dascoin.com/

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Source: DasCoin
Sectors: Crypto, Exchange, Blockchain Technology, PE, VC & Alternatives