whitepaper introducing planetary token€¦ · block chain provider waves platform/coinbase/other...
TRANSCRIPT
Whitepaper
Introducing Planetary Token
And the first project issue of Planetary Token Power/water/cold store utility for remote
communities – Issue number 1
6Th September 2017
Issued by Stratcon Singapore Pte Ltd
www.planetary.red
Token Name Planetary Token Value Pre ISSUE – S$4.50 donated
ISSUE-1 – S$ 5.00 donated ISSUE Date 26th September 2017
Total ISSUE-1 Amount 40,000 tokens as reward for donation Minimum Threshold 10,000 tokens as reward for donation
Block Chain Provider Waves Platform/Coinbase/Other
Address for delivery To be advised after registration on whitelist Expected Issue date 30th September 2017
Promotion Bounty 4% Reward for donation The planetary token is used to share ESG benefits
created by community member donations. Donations support new clean technology
development in return for a reportable portion of all ESG derived from the technology via token.
1.0 Introduction of Planetary Token
With the tide of anti-environmental actions rising internationally, regeneration of the planet’s biosphere is
certain to not happen quickly enough to maintain current living standards1.
The development of new technologies and businesses to meet the crises of atmospheric, land and oceanic
pollution and resource use requires a new funding mechanism. The challenge is to fund the proto-typing,
productisation and commercialisation of technologies quickly and without excessive overheads2.
Planetary Token represents the future Environmental Social Governance (ESG) benefits derived from the
underlying technology and its implementation. These benefits can be measured using recognised methods
including the UN Sustainable Development Goals3 and other multilaterally agreed reporting mechanisms
4.
The process of realising these ESG benefits requires the underlying technology to work, benefits to be well
documented and communicated to create the ESG Outcomes – sometimes called CSR value or sustainable
capital. We prefer the term planetary capital.
Planetary Tokens will be the measure of this planetary capital5. We aim to maximise planetary capital.
A set number of Planetary Tokens will be issued for a specific Project and issued as reward for donations via
blockchain or traditional credit card from sponsors (members of the www.planetary.red community). The
value of ALL Planetary Tokens rewarded will be directly linked to the measurable ESG outcomes from ALL
projects sponsored via donation and rewarded with by Planetary Token. These benefits will be measured to
international standards and collated using an App to report on progress of sponsored technologies. The
reporting of these ESG benefits will be attributed to Token holders by the App. Sponsors can use the reward
to show ESG commitment.
All sponsored technology teams need to do is commit to maximising ESG benefits, assigning ESG outcomes to
the platform and paying for documentation/certification of the ESG benefits.
The major secondary market for Planetary Token will be corporations seeking increments of completed
projects to meet their CSR targets. The risk of developing the project will be undertaken by the people best
suited to make these technologies and projects work. The intermediary costs of financiers and VCs will be
removed for the early stage- this can be a reduction in 40% of the early stage cost with a faster speed to
market.
By issuing project focused Token batches, the Tokens can be matched against real actions. Where a project
fails to meet its objectives, then the risk will be shared across all Tokens. Much like planting 5 seeds to get 3
tomato plants, each project will be given discrete funding packages for each stage of their development.
We will manage the development process and assist in marketing the products6. Engineers from the Stratcon
incubator and partners will complete the project. We will focus on those technologies and projects within our
skill set.
The management team is already talking with potential secondary market buyers in the CSR/development and
financial institutions. The ability of the secondary market to absorb new Token will be critical to the long term
success of Planetary Token sponsorship model. It is expected that Planetary Token will attract significant hold
sentiment. Tracking of the token trading market will determine the speed at which new projects are added.
Successful ventures seeking to exit the incubation program will need to buy back Tokens issued and any
retained equity to allow for sale of the whole business after the development process is completed. This will
further strengthen demand and value of the Token ecosystem. Ventures which are not successful may be
taken over by the incubator and new development teams deployed where goals are not likely to be met. This
option will not be taken lightly but is necessary to protect the integrity the Planetary Tokens.
It is hoped to offer 6 projects in 2017. The current projects in advanced negotiation include;
Issue Description S$ Sought ISSUE Date Planetary
Token
1 Containerised Utility System for Remote Communities – training rig in Johor
$ 192,000 12 Sept 2017 40,000
2 Community Garden Project, Johor Malaysia $ 98,300 12 Oct 2017 19,000
3 Containerised Utility System for Remote Communities – Kampong Pea Cambodia
$ 184,000 30 Oct 2017 33,000
4 ESG tracking App development for www.planetary.red $ 120,000 1 Nov 2017 20,000
5 New rotary engine design for personal transportation and energy generation
$ 250,000 10 Nov 2017 37,000
6 Pilot for biomass gasification with silica to make filter media.
$ 170,000 12 Dec 2017 24,000
The project presented in section 2 is the first ISSUE offering. This is item 1 in the above table - the
containerised utility system for remote communities – training rig demonstration project.
Other project issues will have separate whitepapers. These can be found on www.planetary.red
Please note that the Planetary token is rewarded for donation as an entitlement to report ESG outcomes derived from
underlying projects based on your share of the total tokens issued. It will be reported via an App to be developed. This is
not an equity or debt raising exercise. The token are to be used within the www.planetary.red community to show your ESG
commitment. It is not a crypto-coin or a security. It can be gifted much like a giving a plant at a house warming party.
Please bear this in mind when you make any decision to be part of our community. Issue 4 will cover the creation of the App
to track ESG outcomes and report to Planetary token holders.
2.0 The First Planetary Token Project – Containerised Utility System for Remote Communities
The first project to be issued under our first ISSUE is a novel power management system which allows people
in remote areas to manage their own power needs and create their own micro utility systems for power, water
and crop storage in cold stores. There is a market for this product as you will see below. The project is a joint
venture between Stratcon Singapore Pte Lt and Senersys Pte Ltd – known as SSSJV based in Singapore.
2.1 Market Need
Over 98 million people7 do not have access to grid electricity in South East Asia today. They rely on diesel
generators for a few hours per day if they are lucky enough to have them. This is enough for phone charging,
lights and small fans. Clean potable water, cold storage of farm produce, stored energy to run computing,
access to online education and other services including banking are denied them.
This huge market has access to government programs but the ability to efficiently tie renewable energy to
battery storage with existing diesel generators is a technical hurdle for these communities.
SSSJV has created a utility in a box. It provides access to solar power, batteries, potable water treatment, a
cold store for their farm/fisheries produce and a number of metered electrical connections for external loads.
Computing, telecommunications and services like remote banking and online education can now reach these
communities.
There is sufficient support from governments and multilateral agencies to fund the underlying purchase of the
Micro Utility solution. Large private donors are supporting the rural power initiatives8.
2.2 Technology
SSSJV’s micro utility solution is built around an automated smart grid controller. This controller is the core
technology. It is a rural smart grid system.
It has a simplified and robust architecture allowing for up to 30% reduction in generating capacity with up to
50% increase in energy utilisation compared to existing diesel/hybrid microgrids.
The entry level controller unit has a 10 KW capacity. Larger units will be made on bespoke basis.
© 2017 Senersys Pte Ltd
These controllers provide the core technologies for an innovative containerised micro utility solution.
The entire utility solution is shipped inside a standard 20 foot shipping container as these can berth at almost
all local jetties in the target countries (Indonesia, Myanmar, Philippines, Laos and Cambodia).
2.3 Customer Capacity to Pay and Economics
Components are also available to be sold individually. SSSJV expects the core controller suite to be a major
seller in it’s own right.
SSSJV’s expectation is to sell 5,500 of the controller suite within three years. The overall market for South East
Asia is 20 Million units, India is 70 Million units and African is 100 Million Units based on world energy outlook
statistics.
SSSJV’s estimate is achievable and circumspect - they expect donor and government support to meet their
target.
They are already in discussions with Governments in for South East Asia and a 2,500 village program in India.
SSSJV is looking to collaborate with larger agencies and NGOs on larger programs.
A number of larger firms are offering solutions at village level in emerging markets whilst teaming up with
Multinational Companies. A good example if Fluidic in Indonesia9.
The strength of SSSJV’s system is that it is designed to maximise available energy and reduced capital costs.
This is done through the automation enabled by our intelligent controller. A smart grid, autonomous system
allows for a lower total cost of ownership with easily replaceable key componentry.
There are already requests for an expanded capacity board to handle external power generating capacity and
also telecommunications equipment for remote applications including remote learning, healthcare and
financial services.
Typically, the margin on the products and solutions is 40%. This may vary for small batches or unique site
conditions.
The containerised solutions are fabricated in Johor Malaysia and will be made on just in time basis. The
margin for the add-on products in the containerised solution is lower than that of the controller suite.
A containerised system will have a 20% margin typically. It is expected to be installed at site once
commercialised for S$ 94,000 with additional transport or duty costs additional.
2.4 What it looks like
The container comes packed with equipment and features. It requires 3 man-days with two people to set it up
in the field. All installers will be trained at Training Facility in Johor, Malaysia.
Image courtesy of SENERSYS Pte. Ltd,
Image courtesy of SENERSYS Pte. Ltd,
Packed X-ray View
Contents of container for shipping:
• 4.5kW solar array with support structure*
• 6400 AH fully charged lead acid battery bank in cabinet
• Battery charger • Microgrid controller in a
distribution box • Load manager in a distribution box
with eight Class 1 5A meters, breakers
• Optional 5kW diesel stand-by generator
• 13m3 4°C cold store
• Refrigeration Unit for cold store* • AFM treatment tank with pump* • 4m clean water storage tank*
+
• Internal cabling (fully installed, tested) and earthing rod*
* Assembly required at site +
Not shown in view
Deployed X-Ray View
Shipping pallets will be used in the cold store area
The location of water filtration and storage system is not fixed, its location is site dependent-
Up to two additional renewable energy sources. These are not included in offer but can be connected if required.
2.5 Benefits
This project contributes towards a number of the Sustainable Development Goals10
.
Goal 2 – Zero Hunger through cold stores to keep produce fresh longer for consumption or sale
Goal 3 – Good Health and Well Being through better food and water options
Goal 6 – Clean Water through filtered drinking water using AFM media to remove common parasites.
Goal 7 – Affordable and Clean Energy through simplified micro control and ability to connect addition
energy production devices
Goal 8 – Decent Work and Economic Activity through energy to spur local business and utility in food
storage and water.
Goal 9 – Industrial Innovation and Infrastructure through distributed utility saving need for extensive grid
connection
Goal 11- Sustainable Communities through livelihood enhancing infrastructure
Goal 12 – Responsible Consumption through renewable energy to displace fossil fuels.
Goal 13 – Climate Action through low emissions renewable energy
Goal 15 – Life On Land though the encouragement to make better use of agricultural land with cold store
capacity.
The measurement of the performance of the technology deployed will be tracked using an App which is yet to
be developed. The App will use internationally recognised standards to measure each deployment of the
technology.
All technologies deployed will be equipment sales only by SSSJV. Any environmental and social (ESG) benefits
derived from the deployment will be the property of www.planetary.red. SSSJV will be responsible to pay the
costs of documenting these ESG benefits in return for financial support. Typically buyers are interested in this
type of ESG program where monitoring is provided freely in lieu of the carbon, water, job and other CSR/ESG
benefits derived from the deployment. This is sometime called “Programmistic”. All technologies deployed
will have this as a part of the general sales and licensing agreements.
2.6 What is SSSJV looking to do?
The SSSJV project team is seeking S$ 192,000 to fund the development and integration of the initial training
facility.
The controller suite development works will take 3 months to complete from financing.
The training facility will take 3 months running concurrently with the above.
The materials budget and vendor list is in the table below.
Vendor Scope for Equipment Cost
(SGD) Vendor
Pre- engineered Container 5,520 PTPIS
Cold Box foam and Chiller 7,590 Various
Microgrid Controller Set 7,590 SENERSYS
4.5 KWp Solar Array 8,004 Various
HDPE tanks, Pumps etc 5,796 Spirolite
Water filtration Media 1,656 Dryden Aqua
Electrical wiring 1,380 Various
Energy Storage (6,400 Ah) 16,560 Various
5kW Diesel Generator set, electric start 1,656 Various
8-channel Load manager and metering 3,588 Various
Miscellaneous Items and labour 8,280 Various
Total Material & Inputs for one 4.5 KW solar containerised system with 10Kw controller
67,620 Ex Malaysia
Use of Funds Sought Cost
(SGD) Vendor
Outfit 4.5KW Micro Utility Systems 67,620 As Above
Development Engineers (2 * 5 Months) 82,800 Senersys/Stratcon
Local Installer Costs 11,040 Various
Legal Fees 4,140 Various
Freight, Insurance and Transport 2,760 Various
Firmware & System App Development Costs 16,560 Various
Development Contingency Amount 6,900
Total Funds Sought
191,820 (Net of bounty and
token costs)
SSSJV has preselected vendors and have completed component design. All that is required is to complete
simulations, procure and commission the Facility.
The initial minimum raise is S$ 47,750. At this point, the project can start.
SSSJV is in discussions with vendors, donors, investors, funds and portals to raise this amount. Any monies
crowd funded will be invested through a new separate integration company to comply with Singapore Laws.
Stratcon or its nominees will retain 25% equity in this new company as the owner of www.planetary.red, as
may be required by Singapore Law. Further equity may be held by Stratcon in its own right, dependent on the
project roll out.
3 The www.planetary.red Management Team
Stratcon Singapore Pte Ltd is the owner of www.planetary.red. Stratcon has over 22 years in the business of
developing technologies and implementing projects.
Stratcon Singapore Pte Ltd has been operating for 18 years with customers including P&G, the Asian
Development Bank, the Asia Foundation, E.ON Masdar and WWF.
Stratcon runs a network of 240 specialist technology and project experts in renewable energy, environmental
mitigation and development. In short Stratcon has the capacity to develop these projects with sufficient
personnel back up.
Our team has extensive experience on the ground in 20 countries. Each solution will need to comply with local
and international laws/regulations and social practices.
Steve Peters, Managing Director, has thirty years’ experience in the development industry, over twenty of which is in Asia. He has worked for WWF, P&G, The Asian Development Bank, CNGPC and other multinationals. Steve has a Bachelor of Civil and Environmental Engineering degree and a Masters of Engineering Science in Project Management from the University of Melbourne. Steve is a Corporate Member of the Institution of Engineers Australia. He has been a Board Member of the Australian Chamber of Commerce in Singapore, and an Executive Director of Waste to Energy. Steve is the Group Managing Director of Stratcon Singapore Pte Ltd and Director of a number of related subsidiaries. He is the founding Chairman of the Asia Pacific Biogas Alliance – The Industry Association for Asia’s Biogas Industry. He writes on the environment. He is happiest in the field away from cities helping people.
Raffi Ismail, Coder in Residence. Raffi is an active learner, avid coder & compulsive problem solver. Raffi thrives in environments where he is empowered to distill and develop simple solutions to complex problems. Raffi has a Diploma in IT/Computer Studies from Ngee Ann Polytechnic. He has broad working experience with the Singapore Armed Forces, Lycos Singapore, Starhub, The Eitzen & Stratos Groups, and shipping related firms (Selandia Ship Management, Maritime Technologies (R&D and Ship Focus Group). Raffi ran his own firm called Intelliseas Pte Ltd for many years. Stratcon Singapore was a client of Intelliseas. Raffi is happiest coding and solving problems that require is unique intellect.
Amelia Lim Mei Yee is a Malaysian educated in Singapore. She holds a Diploma in Marketing and Communications. Working in banking, media, communications and clean technology has given Amelia a broad exposure to the key elements of clean technology business. Amelia is the convenor of the Cleantech Happy Hour in Singapore. CTHH is a forum for industry professionals to meet informally to discuss industry trends network and relax. She has an extensive network with media, authorities and technologists in ASEAN. She is a excellent influencer and can drive the message through media. Whilst at W2E Amelia handled the PR, training and team building. Amelia runs the marketing strategy from Malaysia and provides direction on content of www.techdevnet.com and www.planetary.red
3.0 The Road Map Forward
The success of the planetary token will be a result of the following:
1. Identification of solid technology projects with good capacity to scale up to the market,
2. Enforceable shareholder agreements prior to release of any funds to project teams,
3. Close management of the technology project team members and clear payment milestones,
4. Rapid intervention of the project goes offline or the promoters quit (a backup team for each project
will be precondition of acceptance),
5. Promotion of the community within the clean energy, CSR, ESG and green groups and funding
institutions.
6. And most importantly, the promotion and creation in the secondary market for organisations seeking
verified outcomes which can be reported in the annual report.
It is envisaged that the www.planetary.red management team can handle 15 projects per year and will seek to
work with other incubators to use the planetary token.
The planetary token will be recycled when technology project promoters leave the program. The value of the
tokens will be controlled by the valuation of the project releases and development of the secondary market.
4.0 Conclusion
Www.planetary.red is a community of sponsors supporting developers of new ESG related technology.
By donating to projects, sponsors become members of our community and are rewarded with Planetary
tokens. Planetary tokens are a share of aggregated ESG outcomes across all projects sponsored. Members can
report their share of the aggregated ESG as token holders by using the Planetary.red App (to be developed).
Members can gift their tokens using the App or sell them to non-members on the Waves exchange.
Developers are obliged to maximise ESG outcomes. To this end, a voting share of equity in the developers
company is held to enforce maximisation and delivery of underlying technology. Failure to deliver on
technology to agreed timelines will result a takeover of the developers’ company and introduction of a new
developer team to complete the project. The developers company is obliged to pay all measurement costs,
certification costs and related costs to document and realise the ESG benefits.
In short, www.planetary.red is a crowd donation site offering Planetary tokens as reward for supporting new
technologies. The site is owned by Stratcon Singapore Pte Ltd which enforces of performance on sponsored
companies via retained equity. There is significant risk in developing new technologies and Stratcon Singapore
Pte Ltd will use its considerable experience to mitigate these risks over a portfolio of sponsored technologies.
Stratcon Singapore Pte Ltd will be remunerated with retained equity in developer companies and this aligns
interests in achieving the successful implementation of technologies.
This is the first offering of Planetary Token. We all know what is coming11
. We hope you can take part. We
need a community of people sponsoring new planetary changing technologies.
Many thanks and we hope you can join our community.
The team at www.planetary.red
References
1 http://www.huffingtonpost.com/entry/climate-change-what-do-the-scientists-really-
say_us_59026a98e4b03b105b44b718
2 https://www.brookings.edu/research/cleantech-venture-capital-continued-declines-and-narrow-geography-
limit-prospects/
3 http://www.un.org/sustainabledevelopment/sustainable-development-goals/
4 https://www.globalreporting.org/Pages/default.aspx
5 http://www.planetary.red
6 http://www.stratcon.net
7 http://www.worldenergyoutlook.org/resources/energydevelopment/energyaccessdatabase/
8 https://www.rockefellerfoundation.org/our-work/initiatives/smart-power-for-rural-development/
9 http://fluidicenergy.com/newsroom/powering-rural-indonesia-up
10 http://www.un.org/sustainabledevelopment/sustainable-development-goals/
11 http://www.reuters.com/article/us-climatechange-risk-survey-idUSKBN18J36O