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DowGo

What is Dowgo?

Dec 18, 2023

What is Dowgo, the renewable energy tokenization protocol?

Dowgo is an investment platform in renewable energy, powered by new blockchain technologies. Through asset tokenization, investors can hold a portion of a wind or solar farm, allowing for transparent and liquid exposure to the green energy market. Here's an overview of Dowgo, an innovative protocol dedicated to investing in the energy transition.

What is Dowgo?

Dowgo is a French startup launched at the beginning of 2022 by a team consisting of former members of HSBC and Crédit Agricole banks and engineers who worked for renowned companies in the Web3 world such as Consensys (MetaMask) and Moonbeam.

At the crossroads of two rapidly expanding sectors, Dowgo introduces a new paradigm in the world of renewable energy investment. Thanks to technological advances enabled by blockchain, this platform offers unprecedented opportunities for investors to expose themselves to the green energy market.

Currently, the renewable energy market faces several challenges. First, it is relatively closed and reserved for institutional investors. One can invest through crowdfunding platforms, but the fees are about 10% of the amount raised by the projects. Furthermore, it is illiquid since the invested amounts are locked for periods between 2 and 10 years. For project sponsors, it is therefore complicated to find the necessary funding to create a wind or solar park.

Dowgo's ambition is to democratize investment in the renewable energy market by opening it to a broader range of investors. This is made possible by tokenization, a concept that aims to represent any real-world asset on the blockchain in the form of a token, making it easily accessible and exchangeable.

Thus, Dowgo proposes to tokenize participation in wind and solar farms. Investors have the opportunity to buy a token generating a return associated with green energy production.

🔗 Discover the Dowgo whitepaper

How does Dowgo work?

First, Dowgo carries out thorough research to find reliable renewable energy producers. Once a site is chosen, a fundraiser is organized on the platform, and the site owner agrees to share their energy production capacity for a limited period.

In exchange for their investments, participants receive tokens representing their shares in the park. Specifically, a token is backed by 1 kWh per month of energy produced during the determined period, which can span several years. Their initial selling price is from 1 euro per unit, allowing anyone to invest easily.

Returns are paid by the park in euros, then converted on the blockchain into euro stablecoin, and distributed monthly to investors, transparently and efficiently.

An additional advantage is the existence of a secondary market, allowing investors to resell their tokens before the end of the period. As the token represents a share of energy, its price is simply correlated with the electricity price, indirectly offering a new way to protect against inflation.

Furthermore, Dowgo plans to connect the smart contract on the blockchain to the IoT systems of the solar and wind parks. This allows real-time tracking of energy production and the corresponding market price, providing a reliable basis for calculating the kilowatt price for monthly compensation.

Why take an interest in Dowgo?

Renewable Energy: A Rapidly Expanding Market

The challenges of climate change are crucial for the planet and involve a transition to green, non-polluting energies. Massive investments are expected to achieve Europe's goal of net-zero emissions by 2050.

Globally, the renewable energy market is projected to reach 1,980 billion euros by 2030. The European market, where Dowgo operates, represents about 20% of the global figure, or 395.5 billion euros. Considering only the renewable energy investment sector based on blockchain, Dowgo's specific sector is estimated at 5% of the European market or 20 billion euros.

Real-World Asset Tokenization

As the cryptocurrency industry becomes institutionalized and professionalized, a financial revolution is on the horizon: the tokenization of real-world assets. As explained earlier, this allows any asset to be represented on the blockchain.

The benefits of this new concept adapted to renewable energy investment are numerous:

  • Accessibility: Lower entry cost for investors. While the minimum investment in green energy production sites is around 100,000 euros, it will now be reduced to 1 euro and open to all profiles.

  • Liquidity: With the secondary market, it is possible to exchange a token on Dowgo without constraints, allowing investors to sell their positions or new entrants to expose themselves after the fundraising.

  • Transparency: The blockchain is an open and transparent world, allowing easy tracking of producer's payments.

🔗 Join the Dowgo community on Linkedin and X.

Conclusion

Dowgo presents itself as a major innovation in the field of renewable energy investment, combining blockchain technology and tokenization to address the issues of accessibility and liquidity.

By enabling investors to acquire tokens representing shares in wind or solar parks, Dowgo democratizes access to this market, previously reserved for major institutional players. Investors can not only participate in the ecological transition but also protect themselves against inflation by holding an asset linked to the energy price.

In a context where the renewable energy market is booming and especially crucial for the future of the climate, Dowgo offers a unique and simplified opportunity to engage in this rapidly expanding sector.

Join the Green Revolution

Dowgo Aligns Financial Growth with Environmental Goals.

© 2024 DOWGO

5 rue de la Manutention

75016 Paris, FR

Join the Green Revolution

Dowgo Aligns Financial Growth with Environmental Goals.

© 2024 DOWGO

5 rue de la Manutention

75016 Paris, FR