OILage is introducing a dual token system for convenient and fair exchange of renewable energy between bioenergy companies (prosumers) and users (hosts).
Dual token system
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 contract
The publication of the POW is automatically adjusted and operated by smart contacts according to OILage’s quarterly performance.
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 through snapshots.
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 OILage projects.
OILage has assembled a world class engineering, strategic
and team with over 30 years of collective experience.
Member of ASCPA, ABSA.
Managing Director, Aussie Green Bio Energy.
Accounting & Marketing manager, Conrad Science Tec (USA).
Solar products marketing manager, Emcore Coroporation (USA).
MBA in Finance, Wollongong University in Australia.
Ph.d in Finance, Wollongong University in Australia.
Hyun Ho Jeong
Auditor, Small and medium Business Corporation.
Investment manager, Hanmi Capital Inc.
Investment manager, Nexus Investment Inc.
Ph.D in industrial engineering, Konkuk University.
Young Jun Kim
CEO, AGMS Inc.
CEO, Korea Urban Economic Development.
Technical adviser, Ministry of Environment.
Adviser, Ministry of Trade, Industry and Energy.
Professor, Dept. of Biology and Environment, The Catholic University of Korea.
Stanford University, School of Medicine, Postdoc.
Park Shin Ho
CEO, Microalgae Farm Inc.
Director, Microalgae Power Inc.
FRM, Certified Financial Risk Manager.
Master in Economics, Yonsei University.
Soon Kyu Youn
Ph.D in Life Science and Biotechnology of Korea University.
Jo Myun Gi
Managing Director of Tax Firm Segi Co.
Seiner manager of National Tax Department Headquarter.
Yoo Hae Jung
Lawyer, Law firm Logos.
Bachelor in Law, Seoul National University.
Master in Law, Seoul National University.
Master in Law, University of California, Berkeley.
Completed Harvard Law School Program on Negotiation(2018, HK).
Vice President of Yale Academy (Malaysia).
Lee Angi-ri, Senior Director of Korea.
SY Academy of Torture.
Professor of Industrial Technology in Korea.
President of the Jason Korea Blockchain Society.
Myeong Geun Sik
Dongshin University (Naju) Visiting Professor, Energy Convergence University.
Director, Hanbit Energy Policy Forum.
Technical evaluation committee of energy technology evaluation institute.
Senior Advisor, Korea Standards Association / ISO International Standard Auditor.
What Press and Professional mentioned about Algae Oil
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