Wave Energy in the North Sea.

Slow Mill ICO

The Initial Coin Offering is due at the end of 2018 and will start at  0,04/fl. (=1 kWh) with a soft cap at € 3M and a hard cap of € 21M. As of June 2018 consumers can enter a presale whitelist and get 25% discount.

 The fl. owner has the following options:

1. Buy wave energy when it is produced if the energy was purchased for a development project in the buyer’s home market. Note that the company will physically deliver wave energy based on fl. offerings.

2. Sell the fl. to any other user on international markets.

3. Keep fl. in possession, wait till the rates go up due to good news, buyer confidence, high demand, etc, then offer it to the company and receive more wave energy than originally expected due to the higher rates. Of course, if the rate drops, less energy will be received.

4. Offer it to the company at the going rate and so buying a certain amount kWh wave energy. And if demand is higher than production, enter a waiting list. If the rate goes up or down after that, it’s the company's risk.   

5. If 4 years after buying a certain amount of kWh wave energy in an owners market the company has not been able to deliver, the owner can demand that the company returns the amount of kWh back in fl. at the same rate it was bought.

6. Offer fl. to the company at the same time as buying them at the same rate, ffixing the price of the wave energy so bought at € 0,04/kWh. 

Presale Whitelist 

The presale whitelist opens june 2018. The ffirst target is a soft cap of 3M euro. As soon as that is reached, preferably before years end, the florin goes live and will be tradable online. Coin issuance will stop when the hard cap of 21 M euro is reached. If you like to help the development and production of Slow Mill wave energy technology, buy florins during the presale where you'll get 25% off the opening rate of  0,04/fl. Get registered on the presale whitelist and sign up for the amount of florins you like to own. Include your location to improve chances for a wave farm in your area. Payment instructions appear after registration. Please include your email on the bank transfer as well to have your name on the presale whitelist conffirmed.