1. Abstract
RECEN-Token is a blockchain-based decentralized energy trading platform designed to promote low-carbon energy use. By utilizing REC (Renewable Energy Certification) NFTs, we certify eco-friendly activities and renewable energy use, tracking contributions fairly and accurately.
This whitepaper outlines the vision, technology, tokenomics, and roadmap of the RECEN project.
2. Problem Statement
The current renewable energy certification market faces several challenges: lack of transparency in certificate issuance, high intermediary costs, difficulty in verifying authenticity, and limited accessibility for individual participants.
Traditional REC systems rely on centralized authorities, making the process slow, expensive, and opaque. Small-scale energy producers are often excluded from the market entirely.
3. RECEN Solution
RECEN addresses these challenges through: (1) Prosumers generate energy data via smart meters; (2) NFTs are issued as proof of contribution; (3) Tokens are awarded upon verification by NGOs.
Our platform bridges the gap between individual eco-friendly actions and corporate social responsibility. By tokenizing energy savings, we create a liquid market for environmental contributions.
4. Technology Stack
BSC (BEP-20): Built on Binance Smart Chain for high performance and low fees.
PoSA Consensus: Proof of Stake Authority with 21 nodes for security and decentralization.
High Performance: 1s block time, 3s generation time for near-instant transactions.
Smart Meter Technology: Proprietary smart meter integration for accurate energy data recording and automatic REC NFT issuance.
Cross-Chain Protocol: RECEN enables seamless communication with Ethereum, Polygon, Solana, and Avalanche through an interoperability layer.
5. Use Cases
Public Transport Use: Users save energy by using public transportation instead of private vehicles.
NFT Issuance: Smart meters record energy savings and automatically issue REC NFTs to users.
Corporate Purchase: Eco-friendly companies purchase these NFTs to certify their environmental contributions for RE100 compliance.
RECEN Rewards: NGOs verify contributions, and users receive RECEN-Tokens as rewards.
6. Tokenomics
Token Name: RECEN Token | Symbol: RECEN | Network: BSC (BEP-20) | Total Supply: 1,000,000,000
Allocation: Foundation 30%, Team/Advisors 25%, Ecosystem 20%, Marketing 20%, Reserve 5%.
Token Utility: Global payment method within the platform, rewards for eco-friendly activities, NFT marketplace transactions, staking for additional yield, governance participation, partner ecosystem payment.
7. RECEN Eco-Platform
Our platform bridges the gap between individual eco-friendly actions and corporate social responsibility. By tokenizing energy savings, we create a liquid market for environmental contributions.
The three-step process: (1) Prosumers generate energy data via smart meters; (2) NFTs are issued as proof of contribution; (3) Tokens are awarded upon verification by NGOs.
8. Roadmap
Phase 0 (2023.07 — 2025.09): Foundation & Setup — Whitepaper, ENCYKL foundations in Singapore and USA, SMART Meter prototype.
Phase 1 (2025.09 — 2026.03): Ecosystem Launch — REC NFT platform, token issuance, exchange listings, partner equity acquisition.
Phase 2 (2026.06 — 2027.12): Global Expansion — Platform upgrade, global business, 10M holders, domestic exchange listing.
Phase 3 (2029.12 — 2030.12): RE100 Dominance — Global RE100 certification platform, mainnet development, corporate adoption.
9. Conclusion
RECEN aims to revolutionize the renewable energy certificate market by combining blockchain transparency with real-world energy data. Through strategic partnerships with leading academic institutions and industry players, we are building a sustainable ecosystem that rewards environmental contributions and empowers the transition to 100% renewable energy.