Hi Everyone, we're excited to share some EcoGEM project updates!

1. We have proven baseline demand for our supply of electricity in Yuzhno-Sakhalinsk. Many residents have displayed interest in using our turbines, several agreeing to pay $700 to $1500 depending upon the options.

2. We are currently looking at four regions for the deployment of project, and many more that we have yet to thoroughly research. There are around 5000 villagers among these four regions that could potentially purchase power from our windmills. Based upon our calculation, adoption by 1% of these 5000 households with a windmill setup producing 7 kW/h, would require the installation of 1000 units with revenue reaching $1 million.

3. We are still in the process of constructing the windmill MVP. There are currently only two engineers dedicated to the task, but more hands will be required to cover the request outlined above. Our calculation suggest that EcoGEM will need about 100 men to construct 1000 of the windmills within a month. The profit would be around $300k without taxes and renting fees for the bigger working area.

4. We have purchased a temporary repair shop to continue the work with the windmills and the miners here.

5. Vastly import turbine parts are currently en route from China to us and upon their arrival work will move forward even more!


Remember, our token, EcoEM, is available on the Waves Platform exchange and currently trading partners with Waves and Monero. It's definitely a buyer's market, so stock up while the token is cheap!