Decentralized Power with Powerledger (Breakpoint 2024)

0:00Hey, everyone. As you know, Solana is one of the ecosystems I'm the most interested in. I've been incredibly bullish. I love to see the vibrancy of what is happening in the space. Unfortunately, I couldn't make Breakpoint this year, but the stories have been amazing. I heard the talks are incredible, and we're really proud of Real Vision to give you talks from Solana Breakpoint 2024 in Singapore. I really hope you enjoy them.

0:37Good afternoon, everybody. My name's Gemma. I'm very excited to be at Great Point in Singapore. Thank you so much to Solana for inviting me. I am going to announce that Powerledger is expanding onto Solana mainnet today. So we're very excited to be here to share this great news. We hard forked Solana two years ago. So we've been using the technology for our products since then, and we've really seen the benefits for us and our clients. And the logical next step for us is migrating our products onto mainnet. And so in doing that, we can also be a bigger part of the Solana ecosystem. So I'll just talk with you about the next steps for us in doing that.

1:37Firstly, we'll be publishing a light paper in the coming weeks, which provide all the technical details. We will be, in addition to the power token, which is an ERC20 token that will remain, but we'll lock up a portion of those and that same amount will be issued on Solana. So the power token will be available on Solana, which we're really excited about. and we'll be spinning up a liquidity pool in Radium so that anyone can buy and sell power tokens on Solana. And finally, we'll be migrating our products from the Power Ledger blockchain onto Solana mainnet. And you can find out more and track our progress on this on Telegram, on X and also on our website.

2:35And for those of you that are not so familiar with Powerledge, allow me just to provide you a little bit of information. We set up the company in May of 2016. So we're not really OGs, we're more dinosaurs. And we have been pioneering peer-to-peer trading of electricity since then. We make software for electricity utilities that want to make new products for their customers to empower them to take control of their energy future. And we're trusted by major brands that you can see here. We also make software for tracking and trading electricity and emissions so that companies can do their reporting but also know how many offsets they might want to procure.

3:26and we have a marketplace for environmental attribute certificates like renewable energy certificates and carbon credits. And we've successfully delivered more than 30 projects in 10 countries and we've been named as one of the top 50 companies of Crypto Valley in Zug, Switzerland, where our head office is based. We were originally an Australian company, but a year ago we moved to Switzerland. where we're now head office and where I am based as well. And there's, I think, a few other points that I wanted just to share in terms of the benefits both for Powerledger and also for the Solana ecosystem in Powerledger migrating onto Solana mainnet.

4:13The first thing is about D-PIN. We're a D-PIN project, and we've been working in D-PIN before. That was actually a technical term. But what actually is D-PIN? It's about connecting real-world assets into Web3. And that really is what Web3 is about. And we're a founding member of the Deepin Association and the Deepin community within Solana is really active and growing. And we're super excited to be a part of that and contributing to that. The second point I wanted to make was that it's important for the Solana Foundation that the ecosystem as well as the protocol is as green as it can possibly be.

4:59And with our products and also the power token being on mainnet, we're able to interoperably connect with applications and projects. For example, projects like validators might want to track their energy usage or purchase offsets and they'll be able to seamlessly do that. and I think that will make interacting within the ecosystem much more streamlined. And assets like digital assets like carbon credits, in addition to being used for their primary use case, they can also be used for secondary uses like in DeFi pools as well. So we're super excited to be expanding into Solana Mainnet for all of these reasons in addition to the amazing technology and then finally we've made this limited edition nft and you can get a free copy of that by scanning the qr code here and then in doing so you'll also qualify for a power airdrop for power tokens on solana and we have a few t-shirts with this on the back of it if you'd like you can find me or one of the Powerledger team as well.

6:15So Powerledger is about making software for the democratisation of power and sustainable energy for all. And we're really excited to be expanding onto Solana Mainnet and be part of and contributing to the ecosystem with you all. Thank you.

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