🪙Solar NFT Tokenomics

SolarNFT Supply Dynamics

Topics on this page

1. Solar NFT Supply

2. NFT Functionalities

3. NFT Distribution Specification

4. Revenue Streams

5. Scalability

SolarNFT Supply:

At the core of The SolarWise Own The Sun AG’s economic model lies an intricately designed Solar NFT supply strategy that supports the vision of democratizing access to sustainable energy opportunities. For the first solar farm, 200 panels will be tokenized into 200 unique Solar NFTs, each representing full ownership of a solar panel. This structure complies with Swiss financial regulations by offering complete ownership, avoiding fractionalization in accordance with the NAL. For future projects, the number of Solar NFTs issued will depend on the size and capacity of each individual farm, ensuring alignment with project demand.

SolarNFT Visualized (Farm 1)

Our Solar NFTs will now represent full ownership of a single solar panel rather than 1/16th of one. Each solar farm will have its own unique smart contract and metadata. For our first solar farm, each Solar NFT will be priced at $352 USD (excluding a 10% markup fee).

NFT Functionalities:

The Solar NFTs represent full ownership of individual solar panels, tokenized on the VeChainThor blockchain. These NFTs provide holders with clear ownership rights and potential returns generated from the energy production of their specific panel.

The SolarWise Own The Sun AG bridges blockchain technology with real-world energy assets, allowing buyers to participate in renewable energy projects via NFTs while maintaining compliance with Swiss law. Returns will be based on the energy produced by the solar panels and distributed directly to the NFT holders, fully respecting the ownership model outlined in the NAL.

SolarNFT Acquisition and Metamask Compatibility: The SolarWise Own The Sun AG offers multiple methods for acquiring SolarNFTs. Buyers can purchase NFTs using $VET, the native token of the VeChainThor blockchain, allowing for smooth integration within the Web3 ecosystem. Additionally, for broader accessibility, SolarWise will enable the purchase of SolarNFTs using FIAT currency through the MaaS (Marketplace-as-a-Service) platform provided by VeChain. This ensures that users who are less familiar with blockchain or prefer traditional payment methods can also participate in owning a solar panel.

Returns for SolarNFT holders will be distributed in $VET, based on the energy generated by their solar panels. Additionally, holding and staking $VET (and later, $SUN) will provide discounts on administration fees, further encouraging long-term engagement.

Rewards Breakdown

1. Electricity Sale Rewards: The main potential benefits from electricity sales are paid out in $VET. As an NFT holder, you will earn a share of the revenue generated by the solar panels, contributing to a sustainable monthly benefit.

2. Sustainability Bonus: In addition to the electricity benefits, every SolarNFT holder will receive $B3TR tokens weekly as a sustainability bonus. These tokens are unrelated to electricity sales but are a reward for supporting the SolarWise mission, promoting sustainability and renewable energy adoption. 25% of our weekly VeBetterDAO allocation will be distributed additionally for sustainability to our holders.

Metamask Compatibility: The SolarWise Own The Sun AG is working toward Metamask compatibility, ensuring a barrier-free, user-friendly experience for participants across various blockchain wallets. This integration broadens the platform’s accessibility across different user bases, including those familiar with cross-chain transactions.

Benefits of Cross-Chain Transactions: Cross-chain integration brings inherent benefits, facilitating participation from users across different blockchain ecosystems. SolarWise OTS aims to integrate in the future cross-chain capabilities that support Metamask users and reduce transaction costs by leveraging scalable and cost-efficient blockchain networks. This ensures swift and cost-effective transactions, enhancing user experience while maintaining compliance with Swiss regulations.

NFT distribution specification:

Public Sale:

The majority of SolarNFTs will be sold via a public sale, allowing a wide range of participants to become solar panel owners. The sale will be hosted on the MaaS (Marketplace-as-a-Service) platform, powered by VeChain as part of our grant, ensuring transparency and compliance with Swiss regulations. Pricing will remain accessible to foster inclusivity in the purchasing process.

Private Sale:

For larger buyers, a private sale offers flexibility in pricing and personalized terms. If you are interested in buying more than 5000 USD, please contact [e-mail] as we can offer more favorable terms. This phase encourages strategic partnerships and larger commitments to the project while maintaining compliance with the ownership structure as outlined in the NAL.

Revenue Stream Overview:

The SolarWise Own The Sun AG has developed a diversified revenue model to ensure financial sustainability and continued growth. This model aligns with the project’s goals of fostering sustainable energy and generating returns for both the platform and its community.

1. Trading Fees on the Secondary Market:

   • Trading Fees on Secondary Market: Solar NFTs will be tradable on the secondary market, generating revenue through a 4% fee on each transaction. This ensures liquidity for buyers while contributing to operational costs.

2. SolarWise Owned Panels:

   • SolarWise OTS retains ownership of some solar panels to generate revenue directly from energy production. In the event that SolarNFTs are not sold out, SolarWise will retain ownership and sell the remaining NFTs over time. This ensures that SolarWise OTS remains invested in the project’s success, aligning the platform’s interests with those of the NFT holders.

3. Solar Administration Fees:

   • A administration fee will be applied to the rewards distributed to SolarNFT holders. This fee is based on the energy production and ensures that SolarWise OTS can sustain its operations and expansion efforts. The fee aligns with the principle of shared success, ensuring that both the project and its community thrive as the solar farms flourish.

4. Markup Fees:

   • A 10% markup on SolarNFTs will cover legal, compliance, and annual audit costs in Switzerland. This ensures transparency and long-term sustainability by meeting all necessary regulatory requirements.

Scalability and Future Expansions:

SolarWise OTS is poised for scalable growth. The company plans to expand its solar farm operations and onboard additional external solar projects in Brazil, Switzerland, and the European Union. As demand grows, SolarWise OTS will integrate new technologies and expand into emerging regions, all while maintaining compliance with Swiss financial regulations and the tokenization principles set forth in the NAL.