Whitepaper & Website Release: Publish the whitepaper outlining the SolarWise OTS vision and mission. Our website, featuring all the key information, has also gone live.
SolarNFT Proof of Concept: Complete the development of the SolarNFT proof of concept, representing full ownership of solar panels.
Team and Partnerships: Assemble a proficient team and establish partnerships with experts in renewable energy and blockchain development.
Regulatory Transparency: Outline the regulatory landscape affecting SolarWise OTS, ensuring compliance with Swiss financial regulations and aligning with the NAL.
Compliance Framework: Develop a standardized compliance framework, ensuring adherence to Swiss law and best practices for tokenization and energy production.
Milestones:
Community Outreach: Launch a campaign through social media channels and create a website to promote SolarWise OTS.
Whitelist: Build a whitelist of potential SolarNFT buyers by gathering expressions of interest.
Webinars and AMAs: Host educational events to raise awareness about SolarWise OTS, renewable energy, and blockchain technology.
Community Incentives: Introduce incentives for active community participation, fostering loyalty and engagement.
Milestones:
VeChain Grant 2.0 Approval: Secure approval and allocate funds for the development of the DApp and business operations.
Tokenomics Audit: Complete the Token Design Audit to ensure transparency and integrity in token operations.
Milestones:
Due Diligence Process: Conduct a thorough due diligence process to identify a reliable partner for solar farm construction and management.
Pre-financing: Secure pre-financing for the solar farm in Brazil, ensuring swift development progress.
Zug Headquarters: Relocate headquarters to Zug, Switzerland, to benefit from the region's crypto-friendly regulations and financial transparency
Milestones:
Solar Farm Contracts: Finalize contracts with a solar farm construction company to initiate development.
NFT Marketplace: Utilize the VeChain Grant 2.0 to establish an NFT marketplace on the MaaS (Marketplace-as-a-Service) platform.
DApp Development: Continue the development of the DApp, preparing for the Testnet launch on 28th of June 2024.
Milestones:
Pitch at HIVE Event: Present SolarWise OTS at the HIVE event in San Francisco to an audience including Google, Fortune 500 companies, and major players.
DApp Testnet Launch: Launch the DApp on the Testnet, successfully selling out within 48 hours and achieving significant traction with 3,200 single wallets minting SolarNFTs.
Cybersecurity Enhancements: Enhance cybersecurity based on user feedback during the Testnet phase.
Milestones:
Solar Farm Completion: Mark the completion of the Brazil solar farm, starting energy production and supplying renewable energy.
Non-Action Letter: Obtain the FINMA Non-Action Letter, ensuring compliance with Swiss financial regulations.
AML Registration: Complete registration under Swiss AML regulations and establish regular audits to maintain compliance.
Milestones:
Mainnet Launch: Transition the DApp to the mainnet post-NFT sale, ensuring users can fully participate with confidence in the regulatory framework.
Reward System Activation: Activate the reward system, distributing monthly profits from electricity sales to SolarNFT holders in VeChain ($VET), ensuring compliance with Swiss financial regulations.
NFT Sale: Conduct the first SolarNFT sale via the MaaS platform, followed by listing the DApp on the VeBetterDAO and activating $B3TR rewards.
Milestones:
Web2 Marketplace: Launch a Web2 marketplace in Switzerland, allowing users to own solar panels directly through FIAT-based transactions, offering an alternative to Web3.
Web2 & Web3 Integration: Collaborate with other solar projects to bridge Web2 and Web3, enhancing our on-ramp program for a broader audience.
Milestones:
$SUN Token Launch: Finalize the Tokenomics Audit and prepare for the launch of the $SUN token, offering discounts on administration fees for SolarNFT holders.
DEX Listing: List the $SUN token on a decentralized exchange within the VeChain ecosystem.
EU Expansion: Begin compliance with EU regulations for tokenizing real-world assets (RWAs) to expand SolarWise OTS into the European market.
Smart Contract Audits: Conduct thorough audits of all smart contracts to uphold transparency and security.
Milestones:
Team Expansion: Grow the team in both Switzerland and Brazil to manage increasing operational demands.
N2 Solar Farm Construction: Begin the construction of the second solar farm in Brazil once the first farm is sold out, with an estimated timeline of 4 months.
Milestones:
Cross-Chain Integration: Explore cross-chain integration strategies to enhance interoperability with other blockchain networks.
Web2 Onboarding: Develop a comprehensive strategy to onboard Web2 users, expanding the user base.
New Partnerships: Actively seek new partnerships to support cross-chain and Web2 initiatives, enhancing scalability.
Governance Framework: Establish a robust governance framework on the VeBetterDAO platform to facilitate transparent decision-making and community participation.