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Upcoming: 1
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Funded: 10
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BatteryStorage BSO

It's not the energy you make, it's the energy you give.

Description

BatteryStorage is a blockchain-based renewable energy project that aims at providing a reliable, non-volatile source of energy while also conducting mining operations. First UK based battery storage blockchain STO coming soon.

Security Token Offering (STO)
The new era of ICOs gives investors an opportunity to invest into securitized tokens via the security token offerings (STO). Based on the Ethereum’s ERC20 standard, BatteryStorage is planning to launch a Security type of token - BSO. The world's biggest crypto exchanges are already creating ways and platforms to trade security tokens. They give investors the ability to receive real income - not a possibility.

Maintaining the UK’s National Grid
BatteryStorage will propose countless solutions to help the United Kingdom's National Grid issues by establishing a 60 MW battery storage facility. Having the biggest aggregators from the UK, BatteryStorage will provide solutions to the UK's energy market problems such as Frequency Response, Capacity, Triad, Grid Balancing and Distribution avoidance. Our team and partners have many years of practical experience in the renewable energy sector to resolve these problems.

Double income benefits for BSO token holders
BatteryStorage project will guarantee a sustainable income for the BSO Security token holders. Unlike any other competitors BSO token holders will not only receive a stable monthly income from the mining operation but will also be eligible to yearly profits from the BatteryStorage operation.

General information

Legal

Company name:
Battery Storage Ltd
Country of incorporation:
Company address:
Office 60/2 Melita St., Valletta VLT1122, Malta

Asset

Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.

Token details

Symbol:
BSO
Blockchain:
Ethereum
Token type:
ERC20

Financial information

Minimum goal:
Minimum goal for total funds raised in an STO.
13,500,000 EUR
Fundraising goal:
Maximum goal for total funds raised in an STO.
72,000,000 EUR

Additional links

Milestones

2017 Q4
Secured grid connection for 30 MW
2018 Q1
Secured grid connection for additional 30 MW, all needed permissions for Battery Storage operation in Glasgow, UK
2018 Q4
Financial Instrument Test and BatteryStorage STO Prospectus
2019 Q1-Q2
Start of the BatteryStorage STO
2019 Q3
Energy storage operation, mining operation, signing contracts with aggregators
2019 Q4
First quarterly payout to BSO investors
2020 Q1
Launch of GPU accelerated data center

Team members (13)

team
Arvydas Kazlauskas
Co-Founder, Chief Executive Officer
team
Stephen Bradley
Co-Founder, Chief Executive Officer
team
Vaida Januska
Co-Founder
team
Robert Miles
Chief Technical Officer
team
Jing Bai
Chief Investment Officer
team
Jonas Navickas, PhD
Strategic Advisor
team
Antanas Suraucius
Chief Financial Officer
team
Justas Sireika
Strategic Advisor
team
Robert Stirling
Project Director
team
Neil Harris
Senior Technical Manager
team
Evaldas Petraitis
Chief Legal Officer
team
Martynas Alesiunas
Assistant CTO, Head of Mining Operations
team
Rytis Januska
Video Marketing

Advisors (3)

advisor
Vijay Shinde
Grid Advisor, Grid Services Lead at Sweco
advisor
Chris Pritchett
Legal Advisor UK
advisor
Ricardas Kunevicius
IT Advisor, Board Member at E-Bros

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