OILage is introducing a dual token system for convenient
and fair exchange of renewable energy between bioenergy
companies (prosumers) and users (hosts).
OILage token (OIL) representing platform maintenance and
value, and the other is the POWer Token (POW), which is
a token for host/prosumer transactions that represent
the value of traded power.
Operated by smart
The publication of the POW is automatically adjusted and
operated by smart contacts according to OILage’s
OIL represents the investor’s business contribution and
provides a corresponding reward. After the project is
launched, a certain amount of business return is paid in
POWER every quarter, commensurate to the OIL held
POW token can be exchanged for legal money through sale
on the exchange and can only be used as a reward token.
It will also be used only for services that have secured
the equivalent value of legal money while conducting the