💫 About
What is this network?
Starpower is based on technologies such as the Internet of Things (IoT), blockchain, and artificial intelligence. It connects energy devices including air conditioners, water heaters, and energy storage batteries, providing dispatchable energy device resources to empower applications such as virtual power plants (VPP).
Similar to how Uber aggregates vehicles globally, Starpower aggregates energy devices worldwide and responds to various application tasks. Whether it's home air conditioners, water heaters, electric vehicles, or air conditioning and energy storage batteries in malls and factories, all can be linked to Starpower via hardware or software to earn $STAR rewards. These distributed energy device resources form a network effect, realizing applications such as virtual power plants on the energy internet, demand response, energy efficiency, and energy data monetization.
How can I mine tokens?
Starpower provides both software and hardware access methods, allowing users to connect their energy devices to the network. Starpower then issues $STAR rewards to users based on the electricity data and response of the connected devices. Initially, we encourage users to connect their power-consuming devices to the network,such as high-power appliances like air conditioners and water heaters. Later on, we will open up connection standards for electric vehicles and energy storage batteries.Specifically, the ways to connect to Starpower include:
- Smart Plugs: Users can buy Starpower's smart plugs or use third-party smart plugs approved by Starpower to connect their electrical devices to the network.
Any geographical restrictions?
Users can participate in Starpower regardless of their location, as long as they have electrical devices nearby. By connecting these devices to the network through Starpower's hardware and software solutions, users can earn $STAR rewards. For example, Starpower will issue $STAR based on the connection duration, electricity usage, and response of household and commercial electrical devices like air conditioners, water heaters, and refrigerators.
Who governs this network?
The Starpower network will include two main entities:
- Starpower Foundation is responsible for the governance of the network, rewards, and other aspects.
- Starpower Network Ltd. is in charge of the early construction and later operation of the network.
