ImpactPPA, an Ethereum-based organization today announces Dr. Michael Dorsey as the latest addition to its advisory roster. ImpactPPA leverages Ethereum’s decentralized ledger to create Smart Power Purchase Agreements (PPA) which fuel the development of sustainable projects, such as building Wind Turbines or Solar Farms.
Built on the Ethereum platform, ImpactPPA will sell its MPQ Token for funding projects. ImpactPPA will also sell its GEN Credit in local markets that will be used by consumers of the electricity generated by the renewable energy systems. Among other functions, MPQ Token holders will be able to review and vote on proposed projects for funding by the Company, giving the token-holding community a voice in the conversation about which projects should be funded.
Dan Bates, President and CEO of ImpactPPA believes that combining sustainable initiatives with blockchain’s decentralized philosophy and widespread accessibility will not only spark faster development of viable sustainable solutions, but will also alter the way in which consumers in general think about energy generation and consumption.
Bates says, “Utilizing blockchain allows ImpactPPA access to new markets that were previously unreachable worldwide. Our mobile payment processing system, connected to the blockchain, enables us to reach the unbanked populations of the world that would never have been afforded the benefits of electricity due to their off grid status. Now, we can set up distributed energy microgrids all over the world — safely and securely providing electricity and all the benefits that come with it.”
In addition to creating an environment for independent projects to grow and thrive, the ImpactPPA business model applies net revenues from implemented PPAs to a GEN Pool, which will be used to fund additional projects focused on social good. To ensure that these projects are maximized for reach, efficiency, and above all, need, the ImpactPPA team will lean heavily on its advisors for guidance, including Dr. Michael Dorsey.
Dr. Michael Dorsey is a globally-recognized expert on energy, the environment, and sustainable solutions. He brings with him a PhD in Natural Resources and Environmental Policy from the University of Michigan and more than two decades worth of policy guidance for organizations across the globe. He is a recipient of the Paul Harris Medal for Distinguished Service to Humanity. From 2010 to 2016, Dorsey was an appointed member of the U.S. Environmental Protection Agency’s National Advisory Committee.
“We are thrilled to welcome Dr. Michael Dorsey to the ImpactPPA team. We are confident that his guidance will spark immense opportunities for ImpactPPA to hone in on optimal sustainable solutions that can create real and lasting impact among communities across the globe. We are excited to learn from him and work alongside him,” continues Bates.
“Being introduced to ImpactPPA and how they have incorporated the use of the blockchain into a renewable energy installation was an eye-opener for me. Being able to manage clean energy generation all the way down to the individual user payment is a huge step forward in realizing deployments in the developing nations of the world. Having access to this technology and the open ledger will accelerate the growth of the clean energy industry and lend transparency to what has historically been a very difficult market to navigate,” said Dr. Dorsey.
To learn more about ImpactPPA ahead of its public sale target for Earth Day April 22, 2018, please visit: https://www.impactppa.com.
ImpactPPA’s tokens are utility tokens and are not intended to be securities in any jurisdiction or intended to be sold in any jurisdiction in which crypto assets are prohibited, including but not limited to the People’s Republic of China and South Korea. This press release does not constitute an offer or solicitation of an investment in a security of ImpactPAA. The token sale described in this press release will only be made by means of ImpactPPA’s sale materials, which include its white paper.
Special Note Regarding Forward-Looking Statements
Except for the statements of historical fact contained herein, the information presented herein constitutes “forward-looking statements” within the meaning of the U.S. securities laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans,” “expects,” “budget,” “scheduled,” “estimates,” “forecasts,” “targets,” “intends,” “anticipates,” “believes,” or variations of such words and phrases that refer to certain actions, events or results to be taken, occur or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the ImpactPPA to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Also, forward-looking statements represent estimates and assumptions only as of the date hereof. Except as required by law, no person assumes any obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
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