Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, July 19 2019 - 08:32
AsiaNet
RENBDO Pre-ICO Creates Opportunities for Investors
LONDON, July 19, 2019 /PRNewswire-AsiaNet / --

RENBDO.io has just announced that the company is now prepared to initiate the 
pre-ICO campaign to kick-start the development of its blockchain start-up 
RENBDO or Renewable Energy Network Based on Decentralized Organization. The 
campaign's objective is to secure adequate funds for the installation of 
fifty-two wind turbines. 

During this campaign, the project's proprietary Renewable Energy Token (RET) 
will be available for the investors at a 50% reduced price. This special 
pricing, however, will be available only for the first ten percent of the 
tokens sold. The sale of ten million tokens will mark the end of the pre-ICO 
phase and start of the ICO campaign. This pre-ICO is undoubtedly a 
not-to-be-missed opportunity for the crypto-investors looking to make a profit, 
while promoting green energy and building a cleaner future for the future 
generations. 

Video: https://youtu.be/CxL-ql_o62Y

The upcoming pre-ICO campaign by Eco Smart Energies will officially introduce 
Renewable Energy Token (RET) to the investors. The company's prime objective is 
to create an ecosystem where the return on investment earned by the investors 
is directly related to the amount of tokens owned by them. This model is 
completely different from many ICOs that deliver unusable tokens. RENBDO is 
more likely bring in real time profit because the ownership of one RET token is 
equivalent to owning one asset in the company. Token holders will account for 
90% of the total profits earned by RENBDO. The remaining 10% will be spent for 
maintenance purposes and for the employees.

Overexploitation of fossil fuels has now emerged as an alarming global crisis 
that demands immediate solution. Burning of conventional energy sources is 
linked to the emission of numerous air pollutants that cause damage to both 
public health as well as the environment. However, unfortunately, the 
conventional power sectors around the world continue to use coal. The use of 
wind energy is considered to be one of the most cost-effective alternatives to 
replace fossil fuels. 

The idea of the RENBDO project was conceived by Eco Smart Energies Ltd to set 
up a wind farm comprising of fifty-two turbines. With a successful track record 
in production and distribution of electricity, the company undoubtedly has the 
experience and skillset to execute a project of this magnitude. Interestingly, 
the European Union irredeemable funds for green energy has already covered 70% 
of the required funding for this initiative. The upcoming ICO will cover the 
remaining 30%.  

Eco Smart Energies is already working on creating an application for the token 
owners that can be used to view the produced wind power as well as receive or 
send tokens. The token holders will also be directly involved in resolution of 
issues related to the wind farm's future. Most importantly, RENBDO also 
protects the token holders from fraudulent transactions and activities by 
eliminating middlemen.  

To purchase RET for a 50% reduced price, crypto investors are invited to visit 
http://www.renbdo.io/ 

About RENBDO: 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.

SOURCE: RENBDO