RENBDO.io recently announced its readiness to commence a pre- ICO (Initial Coin Offering) campaign to kick-start the development of its blockchain startup Renewable Energy Network Based on Decentralized Organization (“RENBDO”). The RENBDO project concept was envisioned by Eco Smart Energies to set up a wind farm comprised of 52 turbines. The European Union irredeemable funds for green energy has already covered 70% of the required funding for this initiative. The primary objective of the campaign is to obtain enough funds for the remaining 30%. The project’s proprietary Renewable Energy Token (“RET”) will be available for purchase to investors at a 50% reduced price for the first 10% of the tokens sold during the campaign. Upon the sale of 10 million tokens, the pre-ICO phase will end and the ICO campaign will begin.
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RENBDO or Renewable Energy Network Based on Decentralized Organization is an upcoming cryptocurrency start-up venture that aims to set up wind farms for the production of green energy. The primary objective of this project is to collect adequate funds for the installation of up to 52 wind turbines through an Initial Coin Offering (“ICO”). This project is the brainchild of Eco Smart Energies Ltd, an organization founded in 2015 by a group of industry specialists. Prior to the launch of the RENBDO platform, they were engaged in production and distribution of electricity. For more information, visit the company’s website at www.RENBDO.io.
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