Solar Powered Money? Is this the future for Cryptocurrencies like Bitcoin and Etherium? The Sun Exchange is a Crypto business which is already converting Solar energy into Cash! The founder Abe Cambridge has a background in climate change science and his start-up has been operating in Africa since 2015. They are providing Solar energy projects in a real world setting by using crowd funding to raise investment capital. Crowd funding this way means that anyone can invest and the returns over the duration of each project are promised to be around 11%. The concept is simple enough. 1. Sun Exchange identifies projects which are suitable for installing solar panels 2. They then host a crowdsale of the solar cells needed to power the project. 3. When the money has been raised the solar panels are purchased and installed in 4-6 weeks. 4. The business where the panels are installed then pays for the electricity produced and this is paid to investors on a monthly basis in the form of lease payments. 5. The payments can be made in local currency or Bitcoin straight to your dedicated wallet on the app. It’s a simple concept which promotes business development in Africa and provides direct investment returns for the funders. Sun Exchange are literally turning sunshine into Bitcoin! Genius concept without the need for traditional banks, what’s not to like. Find out more here https://thesunexchange.com/ #bitcoin #solar #crowdfunding #africa #sunexchange #investment #decentralized #defi (at Caniles) https://www.instagram.com/p/B52t57fHg1A/?igshid=114juo0tis58s
