RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Irene Energy ICO (TLU)

Blockchain based network for green electricity

Irene Energy is a blockchain based supplier of electricity produced from renewable (green) sources. Irene Energy utilizes Stellar's blockchain to provide radical transparency all through the supply chain of electricity.  Irene Energy will serve as a personal energy supplier that enables users to individually select which producers they would like to purchase their electricity from (independent producers, lneighbors, local businesses, etc). The selection process is somehow gamified (swiping right and left). Artificial Intelligence is utilized to ensure that the selection process drives the customer’s actual purchases, every 15min, to the closest possible producer.

ICO Start

18 Aug, 2018

ICO End

07 Sep, 2051

Irene Energy Score Analysis

Irene Energy is using the Stellar blockchain to develop a platform for electricity suppliers which will encourage transparency, efficiency and reduce costs. The only real advanatages that Irene Energy has over its competitors in the field seem to come from it using Stellar in particular. The product is currently in beta with its own dedicated websites which will all be further developed over time. The team is quite good with experienced management and developers aided by experts in energy markets but has inexperienced marketers. Irene has pretty high quality marketing but very little response from the crypto community. Only red flags here are crucial details missing from the whitepaper and a hard cap that's much higher than the soft cap.

Irene Energy Use of Token

Tellus (TLU) is Irene Energy's native token. TLU is based on Stellar's blockchain. There will be a total of 500 million TLU tokens, 300 million of which will be offered for sale via the ICO. TLU is Irene Energy's exchange tokens and by far the world's first ever green and clean tokens. TLU tokens will be used by users to pay for green electricity purchased via Irene's grid. Buyers have to pass a KYC/AML questionnaire to be able to buy TLU tokens.

  • Organization

    Irene Energy

  • Platform

    Stellar

  • Coin type

    Utility Token

  • Category

    Energy & Utilities

  • Soft cap

    450,000

  • Max cap

    22,500,000

  • Max supply

    509,561,803 TLU

  • Price

    0.12

Irene Energy Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-Sale
    • 12 March, 2019
    • 06 May, 2019
    • No limit
    • 0.09
    • 20
    • Claim
    • Main Sale 1
    • 18 August, 2019
    • 07 September, 2019
    • 150,000,000 TLU
    • 0.12
    • Claim
    • Main Sale 2
    • 150,000,000 TLU
    • 0.12
    • Claim

Irene Energy Distribution

Irene Energy Use of Proceeds

Irene Energy Team Members

  • Guillaume Marchand
    Guillaume Marchand Founder, strategy lead
  • Julien Muresianu
    Julien Muresianu Artificial intelligence lead
  • Louis Brun
    Louis Brun Commercial lead
  • Emilie Cohen-Boulakia
    Emilie Cohen-Boulakia Impact lead
  • Thomas de Roquancourt
    Thomas de Roquancourt ICO marketing lead
  • Charlotte Cohen
    Charlotte Cohen Visual identity lead

Irene Energy Advisors

  • Vidal Chriqui
    Vidal Chriqui Senior Advisor, blockchain
  • Julien Haure
    Julien Haure Senior Advisor, power markets at EDF
  • Jean-Luc Dormoy
    Jean-Luc Dormoy Senior Advisor, A.I. and smart meters
  • Cedric Parent
    Cedric Parent Senior Advisor, commercial strategy

Irene Energy Past Events

  • 31 March, 2019

    Business model maturation, industry survey. Artificial intelligence models. Choice of blockchain technology. Client website development. Commercial partnerships, consumer-side engagement and first producer-side client (50MW). White paper release, Tellus creation.

  • 31 March, 2019

    Platform integration. SCADA (supervisory control and data acquisition) and Stellar integration.

  • 31 March, 2019

    Customer acquisition

  • 30 June, 2019

    Complete MVP. Partnerships.

Irene Energy Future Events

  • 31 December, 2019

    Main Sale I (Europe)

  • 31 December, 2019

    Commercial finalization

  • 31 December, 2019

    Customer acquisition

  • 31 December, 2019

    Marketing campaign

  • 31 December, 2019

    Marketing campaign

  • 31 December, 2019

    Going after the hyper-decentralized generation capacity (Electric Vehicles, Smart Thermostat, ...). Rolling out to rest of the world.