ICO Today Magazine News
BEATRĪX is a green, affordable and sustainable energy project aiming to resolve the energy and telecommunication crisis and shortage across Africa. The proposed solution is to build decentralized energy towers using buoyancy technology that efficiently produces green electricity. The Energy tower is a patented Revolutionary technology that is going to be more efficient than Wind or Solar systems. The towers are distributed all over the continent through our Decentralized Energy and Telecommunications Distribution (DETD) eco-system. Our eco-system is powered by cooperation of German and Swiss companies. The generated energy is stored in the RIX token which is a fully ERC-20 compliant Ethereum utility token. RIX will be the first and the only energy based token that is purely green and self generated, making it independent of third party providers. The RīX has an initial charge of 5kWh and will be the only form of payment or consumption method, for the generated energy by the DETDs.