The SURGE Power Plant meets all of the essential elements for a successful power plant operation and becomes the means for providing energy security to the west Mongolia region.
The total supply of WATT tokens is determined by the power generation capacity of the SURGE Power Plant, which is 60MW. Each WATT token represents 1/10 of a watt of electricity so in sum, 600,000,000 WATT tokens will be issued at the token generation event.
W-USD will be introduced upon the completion of the SURGE Power Plant and the technical buildout of the WATT Marketplace. The precise date of launch will be announced through the SURGE Telegram community channels.
Figure 1: Traditional electricity trading model
Figure 2: P2P electricity trading model
Before the power plant can list electric power for sale on the WATT Marketplace, we first require the completion of the construction of the SURGE Power Plant and then power generation. As such, the launch of the Marketplace will be closely aligned with the power plant construction’s completion. The SURGE team will disseminate any and all pertinent information pertaining to the precise launch date of the WATT Marketplace through the SURGE Telegram community channels.
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