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Crypto company EGridd introduces world’s first Green Energy Blockchain Ecosystem coupled with breakthrough Magnetic Generator Technology

A new crypto farm, EGridd, is all set to dawn in a new era of green energy space by launching the world's FIRST Green Energy Blockchain Ecosystem, that will be powered by a revolutionary patented Magnetic Generator Technology as one of the first of many technologies we aim to bring under our umbrella of offerings. The cutting-edge Green Blockchain ecosystem aims to support people with convenient access to eco-friendly renewable energy through a decentralized P2P network of green energy suppliers with energy users. EGridd is driven by the mission to enable people to buy clean, renewable energy without extra costs, by maintaining at the same price as conventional power plants and striving to be more costs effective in the near future, yet adding opportunities to access and yield from, while raising awareness to be more socially driven to aid in our environmental issues, than just being end energy consumers as most of us are today.


EGRIDD is the green energy token of EGridd. 

“We bring to you an end-to-end green energy ecosystem that extends green blockchain projects easy access to all the growth opportunities that exist in ‘green' technology, with due compliance for the sustainability and protection of the environment. Our green energy blockchain ecosystem empowers users with our breakthrough technology to generate, yield as well as sell electricity within our DeFi infrastructure”, stated Edrick S., the founder  of EGridd.

“Akin to Alibaba, eBay, Lazada etc., as the globally recognized marketplace platforms for many types of consumer products catered to the mass markets and businesess, our EGridd ecosystem is compatible in adding any form of green energy technologies, including the existing ones and the ones we will witness in the future. We do value all kinds of green energies, ranging from wind, solar, to thermal, and more - thus we are positive that EGridd will ascend to being a statutory legislator platform in the coming era of green energy sources, where our token subscribers could utilize it for various beneficial purposes under one roof.”

The EGridd green energy blockchain ecosystem comprises of 3 parts - 

  • EGridd Decentralized Exchange (EDEX)
  • EGridd Green Energy Generation (EGEG)
  • EGridd Central Energy Exchange (ECEE)

Starting with the exchange, EDEX, it introduces a novel way to trade crypto without a third party. This eliminates problems like hacking, fraud, etc., that have occurred at some exchanges. The EDEX operates on the Binance Smart Chain, deemed by most savvy users as one of the best and largest smart Blockchain exchange platforms in the world, which also happens to be the most costs effective, whereby users can swap their BUSD to EGRIDD tokens without feeling sizeable losses in their spreads. EGridd welcomes users to join its liquidity pool that offers great passive reward opportunities pegged to viable intrinsic technologies and businesses.

“By joining EDEX, you will witness a faster growth in your investments while also enjoying more control over them. In other words, EDEX offers you a great opportunity to be a part of a historical revolution.”

Coming next to the source of green energy generation, the chief concept of EGEG is based on a breakthrough technology applying Magnetic Rotational Technology. When two magnets with poles meet, they dispel, but get attracted to each other when two opposite poles meet. The Magnetic Rotational Technology works by placing a series of magnets in various directions, which results in a spinning momentum motor leading to the development of a magnetic generator producing green energy. This next-gen technology lays the foundation for our EGEG Generators, such as EGEG-XX, with zero radiation emissions regardless of the scalability. 

Per the statements of Mr. Calvin Q., COO of EGridd, the EGEG-XX generator is designed to resolve the existing list of problems in the current green energy world. These include – lack of available adequate green technologies to meet demands, low efficiency outputs of current green technologies, need for extensive areas to deploy existing green energy mediums (such as solar panels), and low ROI. Additionally, many current De-Fi projects can't substantiate with real world tangible projects to assure subscribers of the true market value derivation.

The EGridd ecosystem resolves the above mentioned problems through an exclusive blend of a revolutionary green energy technology (Magnetic Rotational Technology), De-Fi, and blockchain. For comparisons to regular green energy mediums like solar panels, the EGEG-XX Generator assures a much lower installation cost and footprint for deployment. Further, while the current solar panel technologies generate at a 10%+/- operational efficiency, the EGEG-XX solution promises a consistent 99% operational efficiency. Importantly, it comes with a longer lifespan and a one time per year maintenance vs solar panels. Last but not the least, while solar panels require an average of 5 years to reap ROI, the EGEG-XX assures very healthy ROI in just 1.5 to 2.5 years.

But to take into account the phrases: “you can't please everyone” and “respect the existing proven technologies and inventors&r dquo;, our Egridd ecosystem gladly welcomes and will include other green energy technologies under one platform roof. After all, our most pertinent value proposition is to develop a more socially responsible awareness, attitude and adoption (AAA) of green energies in general to aid the dire need in reducing our world's environmental issues. Therefore, we would like to end with a phrase: “what's the use of having all the wealth, if we don't live and enjoy in a healthy world?”.

Which brings us to the last leg of the ecosystem, ECEE. It is the platform where excess generated energy will be traded between power grid providers, sellers of green energy, and buyers. From which, the payments for the sale of excess green energy will go back to the initial EGRIDD token investors, thereby completing the full cycle of the EGridd green energy blockchain ecosystem.

“Our ecosystem assures unmatched high transaction throughput, eliminates ambiguity on electricity meter readings, and ensures better user experience with blockchain technology.”

Will EGridd be the next potential green energy stock?

“We are moving fast by leaps and bounds. Therefore, in order to gain the right tractions, we are conscientiously engaging with accredited and experienced industry specialists to aid EGridd to, lobby correctly and mitigate against potential suppressions which had happened in the past with various wonderful inventions, creating apt market buzz, and developing into a global presence platform of access and opportunities for everyone. Naturally, listing EGridd as a green energy stock will be in our cards. We welcome interested and like minded investors to join the business and lead the traffic for our presale at Pink Sale from 25th January 2022 to 28th January 2022 from 11:00am UTC.”

For more information, please visit https://egridd.com or join presale at https://egridd.com/pinksale


Telegram: https://t.me/egridd_official


Twitter: https://twitter.com/egridd


Media Contact
Company Name: EGridd
Contact Person: PR/Media
Email: media@egridd.com
Country: United States of America
Website:
https://egridd.com/

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Electrification of medium-and heavy-duty commercial trucks gain momentum with new policy updates, as predicated in IHS Markit’s 2021 Reinventing the Truck study

Electrification of medium-and heavy-duty commercial trucks gain momentum with new policy updates, as predicated in IHS Markit's 2021 Reinventing the Truck study

Greg Genette: IHS Markit

Advanced Clean Trucks, move beyond California

On November 17th, 2021 the state of Oregon became the second state to adopt the Advanced Clean Trucks (ACT) policy requiring medium-and heavy-duty truck (MHCV) manufactures to sell an increasing percentage of zero-emission trucks in their state. Just twelve days later and a few hundred miles north, on November 29th the state of Washington became the third state to join California, thus solidifying the west coast as leaders in the US MHCV electrification market. Moving east, late in 2021 Massachusetts, New Jersey and New York also announced they have formally adopted the rule. Over the last three months, five states have officially committed to a future of zero-emission MHCV's with their adoption of California's Advanced Clean Trucks rule. These states, including California, account for about 17% of all new US MHCV registrations. To understand the significance of these developments, let's look back to see how the industry got to this point.

In June 2020, California adopted an industry first rule that required truck manufactures to sell an increasing number of zero-emission trucks in their state, called Advanced Clean Trucks. One month later in July 2020, 15 other states and the District of Columbia announced a joint memorandum of understanding (MOU) to accelerate the market for zero-emission MHCV's. The states that joined the MOU represents almost one-third of new registrations in the United States which include, California, Connecticut, Colorado, Hawaii, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington. As we start a new year, the backdrop is now set for continued momentum towards electrification; the Biden Administration took office at the beginning of 2021 with a renewed focus on climate change, a wide-variety of targets and announcements have been made by industry players including truck manufactures pushing zero-emission technology and now individual states are taking matters into their own hands by requiring the electrification uptake to occur.

The IHS Markit perspective: what these developments could mean moving forward

The expectation that all MOU states will officially adopt a form of California's Advanced Clean Trucks is a forecast assumption that was firmly cemented into IHS Markit's 2021 Reinventing the Truck (RTT) study. RTT is a scenario based long-term report that includes sales forecasts for battery-electric and fuel-cell electric medium-duty and heavy-duty trucks. The signed MOU from individual states was an indication that the current administrations are likely to implement rules to reduce the carbon footprint of the transportation sector. In addition, the United States re-joining the Paris Climate Accord has laid the foundation to drive individual sectors such as trucking to implement policies to reduce greenhouse gas emissions. According to analysis done by IHS Markit, in 2020 trucking accounted for 42.2% of total road sector carbon emissions in the United States, highlighting the importance of decarbonizing this sector to achieve the Paris Climate targets. Regulations and policies with clear targets on zero-emission MHCV's are an important development that must not be overlooked. In the past, policies in the trucking industry regulated emission standards including CO2 as well as fuel efficiency. However, now with zero-emission sales targets, uptake of this new technology will not only be driven by cost reductions and advancements in technology but also with a strong push from the regulatory environment. As a result, truck OEMs as well as all industry players are under pressure to introduce new battery-electric and fuel-cell electric products if they want to compete in the new future of this market. Already, the industry is responding. For example, during a 2021 strategy day, market leader Daimler Trucks stated they would significantly reduce research and development (R&D) spending on internal combustion engines in favor of shifting a majority of R&D resources towards zero-emission technology by 2025. Overall, this industry is set to experience significant change over the next decade as the requirement to sell, deploy and use zero-emission MHCV's is now in place and appears to be attractive to states beyond only California. However, there are still questions looming as market conditions continue to change and the future is disrupted. Further detail on IHS 'Markit's view can be found in the updated 2021 Reinventing the Truck study, which aims to understand trucking's all new future.

About IHS Markit's 2021 Reinventing the Truck study

As described in this blog, major developments are happening that will have future impacts in the MHCV industry, not only in the United States but across the world in major markets such as Mainland China, Europe, and Japan. An increased focus on climate change, aggressive regulations, and technological innovation will fundamentally change the trucking industry. In RTT, IHS Markit has brought together supply chain, automotive, and energy experts to identify and address the major questions facing the industry. The IHS Markit 2021 Reinventing the Truck study provides an understanding of major upcoming changes in the trucking industry. Now in its fourth year, this study boasts all-new scenario storylines, with updated political, social, and economic assumptions. The Reinventing the Truck study will include excel data sets for truck sales, and fleet outlooks to 2050 in two scenarios. The power point Summary Report will provide detail on the policy, technology, and cost assumptions used in the sales and fleet modeling and in the total cost of ownership analysis.

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