Dear contributors and community,
we are sorry to have to communicate to you that the Hive Power ICO did not reach the soft cap, and that we will be honoring our terms and conditions by returning all the Ethers to those who contributed to the public sale on the Eidoo platform.

So, expect to be refunded on your Eidoo wallet within 7 days after the end of the ICO (June 30th).

Timing wasn’t of the most fortunate, with ETH losing more than 30% of its value in USD during the ICO. We wish to thank those who contributed to the ICO and those who supported us during that time. We still strongly believe in the potential of our idea and will keep working hard to make it happen.

Stay tuned
The Hive Power Team

Hi, yes we studied the competition. Energy is a big field and lot of them are complementary.

WePower is a green energy trading token for the whole market. We are focused on local energy communities where any kind of resource can be used. We are developing a platform on a system that can be directly integrated in the energy meter hardware.

What makes us different from its competitors is our unique and efficient energy-trading mechanism called the HONEY algorithm. This algorithm matches energy production and consumption and ensures the Hive community’s well-being and compliance with the electrical grid’s technical standards and constraints.

We released the updated 1.3 whitepaper. Have it a look:
https://c.fastcdn.co/u/a25ac79a/29853262-0-Hive-Power-WP-1.3.pdf

We launched an additional airdrop for telegram + KYC registered users. Have a look:
https://blog.hivepower.tech/hive-power-postpones-ico-to-the-release-of-the-1-0-platform-and-to-comply-with-regulations-b824e08ab9

To reward our community for its support, we launched an additional airdrop to registered ICO Engine Tier 2 accounts.
500’000 HVT tokens allocated to the airdrop will be evenly distributed 15 days after the ICO to those Hive Power supporters who have:

- A tier 2 Eidoo wallets with at least 0.01 ETH at the start of ICO
- Joined Hive Power telegram

To participate to the airdrop register a Tier 2 account on ICO engine:
https://blog.hivepower.tech/collaboration-with-eidoo-ico-engine-for-hive-powers-crowdsale-everything-you-need-to-know-c5b2141db8a8

And join our Telegram:
https://t.me/hivepower

After you have an approved Tier 2 ICO Engine account and you joined our telegram register for the airdrop by filling the form:
https://goo.gl/forms/N1Ytv6pYIhRETkvE3

Coin total supply is 100'000'000 HVT. 54'000'000 HVT are allocated to the sale.

We announce our decision to postpone the beginning of the crowdsale to the 11th till the 30th of June, 2018 when the platform Hive Power 1.0 will be released. This will ensure our compliance with the new FINMA regulations thereby increasing advantages for both Hive Power and our users.

A few weeks ago, the Swiss Financial Market Supervisory Authority (FINMA) released a set of guidelines to provide a regulatory framework for ICOs. In these guidelines, FINMA focuses on the function and purpose of the tokens, by differentiating between utility and asset tokens.

Consequently to the new regulations, we decided to postpone the crowdsale to the 11th of June, 2018 when the 1.0 platform will be released. This will confer an actual utility to our HVT token, since it will be possible to use it immediately on Hive Power 1.0 platform.

Although we already successfully implemented a demo on a simulated testbed, we feel that the implementation of the Hive Power 1.0 platform will strengthen our position as a fully functioning product as required by the FINMA regulations.

Hi,

many thanks for the link! We will have a look and use the feedback to see where we can communicate better.
Many critique points are about how we communicate and not what we are doing so I think we can improve on that matter.

Thanks again!

We launched the registration and the KYC process is active. The Hive Power Referral Program is active too, to reward participants who will promote Hive Power to their friends.

After the registration, the participants will receive a unique referral URL. Participants will receive a token bonus equivalent to the 5% of tokens bought by referred buyers. The bonus tokens are distributed from the Airdrop and Referral Program fund, after the end of the Crowdsale.

Referral guide:
https://blog.hivepower.tech/hive-power-referral-program-with-eidoo-ico-engine-e0d29bd46227

Hive Power ICO starts 23rd of April.

Read the details here: https://blog.hivepower.tech/introducing-the-hvt-crowdsale-f9f50db5a67a
Join our Telegram: https://t.me/hivepower

In two weeks we will be at the Blockchain2Business event in Amsterdam.
https://www.blockchain2business.eu

We are happy to release the Hive Power Whitepaper 1.1. http://whitepaper.hivepower.tech/

Grab a copy and the discuss it with us on telegram: https://t.me/hivepower

Our working technology demonstrator in our test lab. The prototype meters are operational, they are already able to tokenize the measured data and exchange energy with the Hive Power P2P market.

We are now finalizing the ICO details, planned in Q1 2018.

If you have questions about our platform we just launched our telegram group: https://t.me/hivepower

You are right we plan to do that, but it's not ready yet, I'll update it. Thanks.
If you want you can register to our newsletter to be informed when it will be ready.

Last months we were hard at work to prepare a technology demonstrator of our platform.
We successfully integrated a light Ethereum and Raiden node in an embedded platform, we share some insight in our blog:
How to install Raiden in a Raspberry Pi 3

If you are in Zürich area this Thursday, the 30th of November, we will participate to the Energy Startup Day.
http://www.energy-startup-day.ch/

We were screened and selected for this Energy Industry event, where we will meet potential partners: industrial manufacturers and electrical utilities..
List of selected startups

Come to visit us and meet our team!

Depends on the use cases, in general the owner of the local physical grid will create a hive and receive a fee for the exchange of energy within the hive.
A hive can be a micro grid, a low voltage grid, a multi-tenant building, etc. So to answer your question electrical companies will be involved because they will be the owners of the hives and will participate into the market.

We just published a new blog post

Hive Power: shared energy for a brighter future