https://hydrocoin.org

The Paris Agreement which aims to respond to the global climate change threat by keeping a global temperature rise below a specific degree. Till now 195 countries have signed the agreement and pledged to plan and regularly report its own contribution it should make in order to mitigate global warming. Countries such as France, UK and many other countries are planning to play their role for the reduction of combustion engines (which produce Green House emission) in near future. An alternative to these combustion engines are electric based engines which run on electricity, however, not successful due to limited time period of battery, thus resulting in no demand by the users. Further, Fuel cell electric vehicles (FCEV) using hydrogen as a fuel are also in the market, interalia, are Cars such as “Toyota Mirai”, “Honda FCX Clarity” concept models cars are available. Even if these vehicles hit the road, there is a huge gap of infrastructure for supply of the fuels with gas station providing hydrogen. Based on the future driven demand, oil companies are setting their platforms for the production of hydrogen as an alternative source of fuel to capture the newly born market. Nevertheless, these productions are based natural gas, oil and coal which emits the fossil carbon like every combustion engine.

The question is: Where is the Clean Energy to mitigate global warming

A lot of has to be done in this field, otherwise, our dream of sustainable planet for our forthcoming generation is useless. Thanks to the prodigy of some researchers and IT specialist who venture to strive for the Renewable Energy for our future of the Mother Earth and thanks to “HydroCoin” team who come up with an idea to tackle this sensitive issue by use of their scientific skills commingled with the revolutionary BlockChain technology. Let me analyze what they are going to do through their Whitepaper and share with you some insights, I would highly appreciate ‘energy geeks’ to have a look at their whitepaper for thorough understanding of the concepts of hydrogen production, current methods, suggestive methodology.

Introduction to HydroCoin

HydroCoin (HYC) is a tradable ERC20 token based on Ethereum Platform obviously, after its ICO it will enable the owners to decide what technologies will be supported by the community, they will be able to buy energy-products from all supported technologies using HYC. It is the solution to combine the rapid growth of crypto-currencies and the need to build up an infrastructure for clean-fuel without the use of fossil sources. The target is to become the exchange of value for hydrogen as a clean fuel. It is a real world idea of hydrogen economy, a world where soon Hydrogen and Fuel cell will be the one and only way to solve the clean energy problem in masses.

HYC will give the owner the advantage to buy clean fuel at certified gas stations, these futuristic state of the art gas stations will be using clean technologies supported by HydroCoin and can also be commingled with other clean sources of energy such as solar, wind-power etc.

The Problem:

“For a cleaner world of tomorrow” As the slogan states the purpose of their birth, providing the clean energy for the world of tomorrow by their HydroCoin.

Emissions of the Green House gasses are the main reason behind the increase of global warming, Responsible entities are investing their resources towards sustainable future, and they are trying to make the world a better place. This leads to the use of electric batteries and use of hydrogen based fuel to reduce the negative impact of carbon and other toxic gasses to the environment, however, on a masses, these production are done by utilizing the same means of production resulting a net off effect on the environment. Despite, there are regenerative ways (biomass gasification & electrolysis of water) to produce hydrogen which are lacking to catch up with the demand, lack of supply chain for these hydrogen fuel is one of the reason.

HydroCoin, plays its role here, they are trying to rock the hydrogen industry by their solution to the problem.

What Does HydroCoin has for its Stake Holders

Abstract from their executive summary of whitepaper states:

“We design and create HydroCoin to be the currency for the hydrogen age. It will ensure that future clean technology will be used with clean fuel only, without the need for the use of fossil energy. HydroCoin will be the first currency that enables the owners to decide what technologies will be supported by the community. When products appear from such technologies (i.e. gas, hydrogen, electricity etc.) the owners of HydroCoin will be able to buy energy-products from all supported technologies using HydroCoin as a currency. So this currency and its market price will reflect the current development-phase of clean energy and the availability of clean fuel

For Technology providers the HydroCoin will be a way to become certified as a clean – future …..

For Energy providers the acceptance of HydroCoin as a valid currency for their products …..

For Users the HydroCoin will be a valid currency for clean energy. Using this coin counts as a vote for clean energy……

For the world, HydroCoin is a big chance to turn the traffic from combustion-engines using fossil fuel, to electric engines using clean fuel.”

Target Audience

As depicted in the white paper, HydroCoin will address the following stake holders in general:

• Constructor of Clean Hydrogen Technology;

• People that cannot wait to drive long distances without the use of fossil sources and with short re-fueling time ( that's me ☺);

• Investors from the Blockchain Community

• Start-ups with the idea for clean- energy

As I believe, with the growth of the community Hydrogen Future Foundation (owner of the ICO) will also indulge academics, researchers and may include launching competitions among the energy geeks with the best idea for the future clean energy.

Key Targets to be achieved

As mentioned herein above, for details please refer whitepaper for clear understanding of the concept. However, I would like to share some achievements targets, goals of the HydroCoin with you in following bullets:

➢ “HydroGenial”,

a system to be developed that can handle different biomass for input. Currently, the technology of Absorption Enhanced Reforming (AER) can only handle one type of biomass. The target is to have a one Production house where minor parameter setting change can tackle different types of biomasses, thus reducing cost, setup timings, and other time barred events in case of single type.

➢ “Semi mobile container based solution”

which will be sold to agriculture companies worldwide. These mobile vehicles will have the capability to store hydrogen in an organic liquid without high pressure. With the advancement of technology, it will also be tested in trucks, ships and trains.

➢ Every Farmer

will be able to produce hydrogen, a pure decentralization of process

➢ Implementation of Certified Gas Stations which can be tracked through maps available on platform of HYC

➢ “Certificate for Clean Fuel”,

this certification will give owner information about the source of the fuel. Certificates are classified in three forms:

o Grey: H2 from electrolysis using electric power from the grid without green certificate

o Green: H2 from electrolysis using electric power from the grid with green certificate, charging current with green certificates

o Blue: Sustainable regenerative produced Biomethane / SNG, sustainable regenerative produced H2, H2 from electrolysis using regenerative current from closed circuit, regenerative charging current from closed circuit

The HydroCoin - Token Details

Hope the summary produced above have given an impression of how big this idea can be for the upcoming future, as if achieved will bring renaissance to the world. This will bring the changes to the masses, and our future generation may have better environment than now. So, let’s get to the token summary:

Token Name :HydroCoin (HYC) – an ERC20 token

Price during ICO : 1ETH = 1000 HYC

Currency accepted : ETH,BTC,EUR,USD

Maximum Total Circulation : 1,000,000,000 (1 bln)

Token Economy : Right to purchase clean energy

Jurisdiction : Switzerland

Owner : Hydrogen Future Foundation

PRE ICO Period : January 01, 2018 – March 31, 2018

ICO Period : April 01, 2018 – September 30, 2018

Pre-Sale Discount : 10%

First Release of Mobile App : December 31, 2018

First Release of HYC NFC Card : December 31, 2018

Tentative Token Allocation

Token Sale : 50%

Hydrogen Future Foundation : 25%

Hydrogen Community Growth :15%

HydroCoin Team : 10% (with 12 months lock- up period)