RENBDO.io this morning announced approval of the first ICO campaign conducted by its green energy project RENBDO for EU funds. Per the update, the eco-friendly endeavor from Eco Smart Energies Ltd., RENBDO, intends to set up a wind farm with fifty-two turbines for the production of wind energy. The European Union will cover 70 percent of this project’s funding requirement through its irredeemable funds for the green energy prior to approving its ICO. “It gives me immense pride and pleasure to let you know that the RENBDO ICO campaign has been approved by EU Funds. We are thankful to EU for their patronage and have no doubt that this support will take us places,” Eco Smart Energies CEO Marc Robert Biggins said in the news release. “We also believe that this is great news not only for RENBDO, but the entire cryptocurrency community all over the world. Active support from mainstream trade and monetary bodies such as EU can work wonders towards the large scale adoption of cryptocurrencies.”
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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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