SolarShare & Farms
Learn all about the SolarShare Business, How it Operates, and the SolarShare Farms.
Last updated
Learn all about the SolarShare Business, How it Operates, and the SolarShare Farms.
Last updated
SolarShare introduces an innovative RWA Tokenization model poised to revolutionize the renewable energy sector by constructing solar farms and tokenizing individual solar panels within these farms as Non-Fungible Tokens (NFTs). These SolarNFTs, named Solar Units, or Units, are offered as digital assets and pave the way for participants to recieve rewards effortlessly. SolarShare meticulously oversees the intricacies involved in solar farms' construction and operational management, alongside the sale of generated electricity. This streamlined approach allows participants to acquire SolarNFTs and reap the rewards, liberating them from the operational challenges typically associated with the energy sector.
We have partnered with Versole Energia Solar to plan, construct, and operate all SolarShare farms. Versole has 6 years of experience in the Brazilian solar market, making them a top candidate to help us reduce costs and find the best regions and deals for our farms.
SolarShare has developed a multi-faceted revenue model designed to grow the ecosystem sustainably. Here’s how we optimize our revenue streams:
NFT Sale Revenue:
Revenue is made on the sale of each Solar NFT.
Energy Sale Revenue:
A portion of the revenue generated from the solar panels behind the Solar NFTs is directed to SolarShare. This is continuous monthly revenue.
Marketplace Transaction Fees:
Our secondary marketplace lets users trade their Solar NFTs after the initial purchase. We implement a small transaction fee for each trade on this platform.
Our revenue model is designed to sustain SolarShare's operations and strengthen our broader token ecosystem. To achieve this, 25% of all SolarShare profits will be allocated to acquiring and burning $SOLAR utility tokens. This process will be executed automatically through smart contracts, ensuring transparency and efficiency.
As of September 12th, 2024, SolarShare has invested in three 110kWp solar farms, all set to be fully operational by the middle of December, generating around 45,000kWh per month. We closely oversee every step of the construction process to keep our participants informed, from contract signing and land clearing to base construction, panel installation, wiring, grid connection, and, ultimately, energy production.