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ICO Hyperion Fund

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  • Start: 2018-Jul-15
  • Finish: 2018-Aug-21
  • Ticker: HWT
  • Platform: Ethereum
Listed: 01 May 2018
Member from: 01 May 2018

ICO Hyperion Fund Description:

Hyperion Fund is the division of Hyperion Group, a blockchain-backed solar power investment business that on the one hand finances and manages the construction of solar production facilities around the world, with a particular focus on high-return emerging markets and on the other hand develops Energy Marketplace to help every constructed SPP with constant approved cash flow to get refinancing.

The main public goal of Hyperion Fund is to promote renewable energy production and raise the demand of households and businesses worldwide for decentralized energy supply and consumption. At the same time, the commercial objective of Hyperion Fund includes, among other things, organization of energy sales to Hyperion Token holders through the Platform and energy delivery by the Hyperion Group and non-affiliated contracted global and local energy producers and suppliers. Hyperion Group is focused on its main target: eventually increase a number of Watts bound to each Token by accelerating overall capacity growth of its grid. Upon completion of the ICO, our Token Holders will become entitled to an increasing amount of electricity as the portfolio expands.

At issuance, 1 Hyperion Token entitles the owner to at least 1.3 Hyperion Coins on the Hyperion Energy annually for 20 years. Each granted Hyperion Coin entitles the holder to 1kWh of energy produced by solar power plants we built.

The Hyperion Token holder can redeem Hyperion Coins and request for the energy delivery. If Hyperion Fund is at that moment unable to organize delivery of the energy amount equivalent to the number of the redeemed Hyperion Coins, the token holder will receive a cash payment from the Hyperion Foundation Buyer Assurance Pool. The Assurance Payment is fixed at a rate of $0.08 USD per one Hyperion Coin.

Hyperion uses blockchain technology to give Hyperion Token holders direct and transparent access to our solar power production capacities. Blockchain-based financing enables faster project development, transparency for participants and direct access to liquidity.

Decentralized energy supply platform which helps households and businesses to acquire energy directly from Hyperion Foundation`s affiliated and non-affiliated partners at fixed prices.

Obligations of Hyperion Foundation are backed by Hyperion Assets Management OÜ, a solar power investment company that finances and manages construction of solar production facilities around the world, with a particular focus on high-return emerging markets.  

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