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- Renewable energy startup SolarWise has launched its DApp on the VeBetterDAO platform.
- Both platforms hope to drive massive user adoption by incentivizing access to green energy.
Building upon its partnership with VeChain, the SolarWise team said it is set to release a new feature for its Decentralized Application (DApp). The SolarWise DApp, now live on VeBetterDAO, allows SolarNFT holders to enjoy additional perks, including the native token B3TR as a bonus.
Benefits of New Feature on SolarWise DApp
The SolarWise Own, The Sun AG, outlined some benefits of its new DApp features to users in a series of X posts. First, it would allow homeowners with solar panels to receive rewards for their energy production. This ensures users worldwide enjoy additional benefits from participating in the renewable energy transition.
🔍 Our mission has always been to help you Own the Sun, and now we’re taking it one step further! Beyond tokenizing solar panels in our solar farms, we’ve been working on this idea for a while now and are excited to launch a groundbreaking new feature that lets homeowners with…
— The SolarWise (@TheSolarWise) November 14, 2024
Secondly, it allows for easy user onboarding, fueling VeChain’s mass adoption. SolarWise combines cutting-edge renewable solutions with transparency and impact-driven opportunities to meet the growing global demand for sustainable energy.
The firm has strong legal compliance and framework in Switzerland, which allows it to run paid ads. Therefore, it can seamlessly onboard Web2 and Web3 users into its ecosystem. SolarWise said the new feature will bring more wallets and users into VeChain’s network. This is anticipated to drive massive growth for the entire community.
Furthermore, SolarWise aims to amplify its impact on sustainability by rewarding individual solar panel owners with the new feature. As users get rewarded, the firm’s sustainability vision is anticipated to spread further, potentially leading to more adoption. In the end, both users and SolarWise get to enjoy while making renewable energy the norm.
“Our mission has always been to help you Own the Sun, and now we’re taking it one step further! Beyond tokenizing solar panels in our solar farms, we’ve been working on this idea for a while now and are excited to launch a groundbreaking new feature that lets homeowners with solar panels earn rewards for their energy production,” SolarWise concluded.
The SolarWise-VeChain Integration
SolarWise introduces a pioneering solution through Solar NFTs to address the barriers in the renewable energy market and the challenges of tokenizing real-world assets.
Each SolarNFT represents full ownership of an individual solar panel, offering a direct, decentralized way for individuals to purchase renewable energy. As revealed in a CNF report, the solar panel generates power daily, and the NFT’s owner receives VET as payment once it is sold.
SolarWise joined forces with the VeChain ecosystem in Q2, 2024. As CNF reported, SolarWise utilizes VeChain as its foundational blockchain technology, leveraging its scalable solutions to enable seamless transactions via SolarNFTs. VeChain’s Marketplace-as-a-Service (MaaS) platform also allows the project to deploy its online marketplaces for digital assets.
Moreover, VeChain’s low energy consumption aligns with SolarWise’s commitment to minimizing environmental impact while driving innovation in renewable energy. Notably, VeChain’s energy consumption comes at 0.04%, which is exceptionally lower than other top blockchains.