RICHMINT ecosystem envisions to provide a global range of audience with the necessary tools to decentralize the financing of sustainable infrastructure, tokenize emissions certifications to help assist ESG reporting become more consistent, standardized, effective and also make better use of existing infrastructure assets.
RICHMINT tokenizes global energy trade to make RE trades seamless, safe & easily accessible for all. With a suite of web 3.0 based DApps, now all stakeholders can track and trade energy, exchange environmental commodities over a fully robust next gen decentralized technology layer built to facilitate a growing global energy ecosystem.
While Connecting Energy Producers, Buyers, Market Intermediaries, and Lenders, RICHMINT equips them with standardized tools, processes, and smart contracts to facilitate transactions even in no-trust ecosystems. Energy Buyers are able to reduce their electricity costs to below-market rates at any given time with full transparency and ease. Project Owners are therefore able to contract the electricity output of their projects to a wider range of buyers, making it easier for their projects to secure financing.
Since 2012, we have promoted improved livelihoods through Renewable Energy Generation & Trading, and signed Power Purchase Agreements (PPA) to address growing demand for clean energy across industries. During 2020, we did extensive market research on Blockchain platforms to understand it’s deployment aspects and benefits across various ESG businesses, especially renewable energy. We designed RMW, a utility token based on ERC-20 protocol, and plan to deploy RMW tokens in ESG sectors beginning with Smart Contracts in Renewable energy, followed by Health Care and Agri-Commodities.