Company Information

Get to know WePower

WePower was established to create a platform that utilizes blockchain technology and smart contracts to simplify and democratize the financing of renewable energy projects. By tokenizing future energy production, the company aimed to enable green energy producers to raise capital by selling energy upfront to investors and consumers. Its mission was to accelerate the global transition to renewable energy by making green energy investments more accessible, liquid, and transparent. The project held a successful Initial Coin Offering (ICO) in 2018 for its WPR token but appears to have ceased active operations around 2022.

Industry

Crypto CryptocurrencyPRIMARY
Technology Software Trading Platform

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WePower

Lithuania

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.