- Renewable energy startup SolarWise has launched its DApp on the VeBetterDAO platform.
- Both platforms hope to drive mass user adoption by boosting access to green energy.
Building on his partnership with VeChain, the SolarWise team said it will be releasing a new feature for its Decentralized Application (DApp). With the SolarWise DApp, now live on VeBetterDAO, SolarNFT holders can enjoy additional benefits, including the native token B3TR as a bonus.
Benefits of new feature on SolarWise DApp
The SolarWise Own, The Sun AG, outlined some of the benefits of its new DApp features to users in a series X messages. First, homeowners with solar panels could receive rewards for their energy production. This ensures that users worldwide enjoy additional benefits by participating in the transition to renewable energy.
🔍 Our mission has always been to help you own the sun, and now we’re taking it one step further! In addition to symbolizing solar panels in our solar farms, we’ve been working on this idea for some time and are excited to launch a groundbreaking new feature that will allow homeowners…
— The SolarWise (@TheSolarWise) November 14, 2024
Second, it allows for easy user onboarding, which drives mass adoption of VeChain. SolarWise combines advanced sustainable solutions with transparency and impact-driven opportunities to meet the growing global demand for sustainable energy.
The company has strong legal compliance and a framework in Switzerland, which allows it to run paid advertisements. Therefore, it can seamlessly integrate Web2 and Web3 users into its ecosystem. SolarWise said the new feature will bring more wallets and users into VeChain’s network. This is expected to bring tremendous growth to the entire community.
In addition, SolarWise wants to increase its impact on sustainability by rewarding individual solar panel owners with the new feature. As users are rewarded, the company’s sustainability vision is expected to spread further, potentially leading to greater adoption. Ultimately, both users and SolarWise can benefit as sustainable energy becomes the norm.
“Our mission has always been to help you own the sun, and now we’re taking it one step further! In addition to tokenizing solar panels in our solar farms, we have been working on this idea for some time and are excited to launch a groundbreaking new feature that allows homeowners with solar panels to earn rewards for their energy production,” concludes SolarWise.
The SolarWise-VeChain integration
SolarWise introduces a breakthrough 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 and provides individuals with a direct, decentralized way to purchase renewable energy. As revealed in a CNF reportthe solar panel generates electricity daily and the owner of the NFT receives VET as payment once it is sold.
SolarWise joined forces with the VeChain ecosystem in the second quarter of 2024. As CNF reporteduses SolarWise VeChain as its foundational blockchain technology, leveraging scalable solutions to enable seamless transactions through SolarNFTs. VeChain’s Marketplace-as-a-Service (MaaS) platform also allows the project to leverage its online marketplaces for digital assets.
Additionally, VeChain’s low energy consumption aligns with SolarWise’s commitment to minimize environmental impact while driving innovation in renewable energy. It is notable that VeChain’s energy consumption is 0.04%, which is exceptionally lower than other top blockchains.