whitepaper introducing planetary token€¦ · block chain provider waves platform/coinbase/other...

11
Whitepaper Introducing Planetary Token And the first project issue of Planetary Token Power/water/cold store utility for remote communities – Issue number 1 6 Th 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 26 th 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 30 th 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.

Upload: others

Post on 14-Jul-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 2: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 3: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 4: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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

Page 5: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 6: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 7: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 8: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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.

Page 9: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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

Page 10: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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

Page 11: Whitepaper Introducing Planetary Token€¦ · Block Chain Provider Waves Platform/Coinbase/Other Address for delivery To be advised after registration on whitelist Expected Issue

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