Thanks for the warm welcome @tharaka & @martriay.
Let me first say, I’ve been a member of many forums over the years and I must say this is the warmest welcome I’ve ever received. We are driven to do amazing things and produce unbelievable results by our passion for the technology or the impact we may have on society. It is my belief; my passion that we can impact society by exploiting the heat energy stored in the earth for our energy needs while crypto currencies completely transform how we think of money, it’s store of value and medium of exchange.
Crypto is inherently power intensive. By combining the mining function with the power generation function and creating two wealth creation streams, we can accelerate the adoption of crypto by linking it to real hard utility assets.
@martriay, I started to learn solidity last year but didn’t have the time or focus to keep at it. So with this new token concept, I am more inclined to dig in. With that said, though, I’m not a software developer and no matter what I may think I can do, I know that a true expert needs to write the real code. My intention would be to take this idea far enough to prove the concept. So, write the design criteria. I’ve already produced the website. With the help of Zeppelin, the example smart contracts and the community, I hope to show a proof of concept that can then be developed into the dApps that run the power plant and the mining datacenter. Thank you for your suggestion on where to start! I will follow your path. If there is something that newbies like me need I’ll be sure to let you know.
Lastly, I’m thinking that the token and dApps need to non-fungible and thus use ERC-721. Reason being is that each token represents a membership/ownership share of the LLC that owns and operates the power plant project. Because of this and the benefits that are represented by the tokens they need to be unique. My thought is that when selling them or trading them that the exchange takes place in a fairly controlled marketplace that is either part of the project or an exchange that caters to these types of assets. Thoughts?
Sorry for the long winded post.