REG-VPS

REG refers Renewal Energy Group. VPS refers Virtual Power Stations.

REG is dedicated to developing high-performance, electrically powered mobility devices aimed at enhancing the travel experiences of residents in Southeast Asian countries. Through partnerships with PowerPod, we are establishing a power supply network for electric bicycles and motorcycles developed/sold by REG.

As an initial phase, the first project is based on REG's new deployment of at least 40 charging units in Macau, resulting in the introduction of PowerPod's VPS NFTs. VPS NFTs are issued quarterly, and holders of these NFTs receive PT rewards daily. The reward calculation is based on the actual power consumption occurring daily at all backed charging units (for charging electric bicycles and motorcycles). These charging units can be viewed on the map and can also be physically visited for verification/investigation to ensure the authenticity and credibility of the project.

An example:

The following data is only provided as an example for better understanding, does not represent real algorithm rules.

100 REG-PowerPod charging units were installed in Kuala Lumpur (each unit consumes 10 kWh of electricity per day) and VPS-NFTs were issued based on the aforementioned assets. The NFTs are valid from January 1, 2025 to March 31, 2025, and a total of 1000 units were issued. Each NFT will receive 500PT per day during January 1, 2025 to March 31, 2025.

References

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