If the scientific consensus is right, projected increases in global temperatures will create catastrophic economic and humanitarian crises. Knowing this, it is within everyone’s collective interest to reduce C02 emissions and Swytch is the key to unlocking the world’s collective potential. Swytch is a blockchain-based platform that tracks and verifies the impact of sustainability actions on C02 emissions. As a result, producers of renewable energy can “mint” new tokens based on the carbon impact of verified renewable energy production.
TOKEN HOLDERS WILL BE ABLE TO ACCESS:
- A carbon offset attribution market
- Network and asset production and minting dashboards
- Energy production estimators
- Valuable big data sets
Decentralized Algorithm for Token Allocation
HOW IT ALL WORKS
- Uses increasingly ubiquitous smart meter technology to track and verify that renewable energy has been produced -or- another kind of sustainability action has been taken.
- Stamps production data on the blockchain in a secure and transparent fashion.
- Leverages the DATA oracle’s decentralized consensus algorithms and AI/machine learning to make real-time calculations of carbon displacement value and awards Swytch tokens accordingly.
- Deposits newly “minted” tokens into owner’s wallet for carbon attribution and other uses.
4 KEY DISRUPTIONS
THE BIG NUDGE:
HOW SWYTCH TIPS THE SCALE IN FAVOR OF RENEWABLES
Changes Capital Allocation
Provides more tokens to areas of greatest need and impact which will alter the flow of capital across markets
Broadens the Carbon Market
Allows for additional actions, such as demand response, to eventually compete within the DATA “oracle” for carbon reduction rewards
Improves Decision Making
Generates real-time insights and aggregates valuable data to drive more efficient policies and decisions
Offers individuals rewards and offsets they currently cannot access and places the ownership of data back into the hands of the prosumer
Our City Partners
MEET OUR TEAM
Swytch was founded by Evan Caron, a former Wall Street energy trader and accomplished entrepreneur; Dr. John H. Clippinger, entrepreneur, author and cofounder of the Law Lab at the Berkman Klein Center at Harvard Law School and a Research Scientist at MIT Media Lab specializing in secure trust frameworks; and John Redpath, CEO of Trailstone Group and seasoned energy expert.
THE ADVISORY BOARD
SWYTCH TOKEN ALLOCATION
SWYTCH ROAD MAP
Building the foundationSwytch formalized agreements with key partners and identified the first pilot. Technology design and builds in full swing to create POC. Marketing activities begin.
Proving the conceptMVP technologies in place and first pilot in Germany completed. Fundraising round closed. Team continuing to grow and marketing in full swing.
Starting to scaleAdditional pilots with large scale commercial partners in the US and South Korea. DATA “oracle” design contines to be refined and additional corporate and city consumers onboarded.
Gaining momentumPilot first residential token minting and open up token minting to all interested commercial producers. DATA “oracle” officially open-source.
Ramping upSignificant business development on both the production and token demand sides. Begin engagement with governments for formal recognition of Swytch. Begin adding additional sustainability actions to DATA “oracle”
Changing the worldGovernment and corporate engagement continues. DATA “oracle” and Swytch protocols become de facto standard to behavioral incentives