PV Micro Power Station set uses solar panels to collect photon energy, inverters to convert and output electricity, and by combining our Global MicroGrid system with the blockchain smart contracts to produce GMG Tokens.
Everyday when the sun rises, smart meters and power monitors will transmit the instantaneous power generation data back to GMG System, to generate GMG PhotoVoltaic Computing Power (GPVCP) value through system operation, and through each PV Micro Power Station’s binding smart contract, GMG Token is generated and automatically deposited into GP Passbook. The PV Micro Power Station adds green energy and environmental protection value into asset-on-chain.
Q:Why is solar power production called Power-On-Chain here?
In the blockchain application domain, the process of cryptographic token production is called "mining.”
In the field of solar power generation, being the first to converting solar energy into blockchain encryption tokens, we named it “Power-On-Chain”
Q:How to participate in GMG?
You can participate in the following ways:
1. Purchase PV Micro Power Station service set
2. Purchase GMG Token from our DAPP and value add via booster packages
3. Play game on our DAPP to earn points for GMG conversion
Q:Are there any restrictions on participation?
No. Global MicroGrid Technologies Limited is a People's Power Company, where everyone can easily participate in the green energy industry projects.
Q:What is the difference compared to my own investment in power plants?
First of all, a power plant investment amount is large, the payback period is long, and it is not easy to realize. GMGT's People Power Company concept simplifies participation process and professional management to reduce risks and increase profitability and liquidity.
Q:When can I trade GMG token?
1. GMG Token produced or exchanged from game points can be traded at any time
2. GMG Token exchanged in the market can be traded at any time
Q:How is value of GMG evaluated?
The revenue of power generated by GMGT power plants will be reinvested to augment new capacity, as well as buyback of GMG. Thereby increasing the market value of assets, reducing the amount of GMG in the market, hence increasing the value of GMG.