FAQs

Q?

What is the essence of the project?

A.

Our company is an owner of a wind park in Latvia. We plan to use renewable electric energy, which is produced by our power stations, for mining for cryptocurrencies, to provide the finance for the increase in wind electricity generating capacity.

Q?

What is WEM token?

A.

WEM is a debt token issued by our company for the further development of renewable electricity production with the aim to increase the share of renewables in electric energy production, and create an example of an alternative and more profitable use of green energy. WEM was created for the distribution within ICO from 20 March to 20 May 2018.

Q?

What is WEM price?

A.

WEM price is 0.001 ETH The buyback price is 0.0015 ETH

Q?

What is a WEMcoin?

A.

WEMcoin is the domestic currency of the project. You can use WEMcoin to pay for electricity used and for the rent of the place for mining equipment.

Q?

How to buy WEMcoin?

A.

You can buy WEMcoin on cryptocurrency exchanges.

Q?

How will the WEM buyback proceed?

A.

The buyback will take place on 1 March 2019. We will provide details separately.

Q?

How shall I know that the buyback has started?

A.

Follow the news on the official website of the project www.etb.lv, as well as on Twitter, Telegram, Facebook, and BitcoinTalk.

Q?

How will the collected funds be used?

A.

The funds will be forwarded to the purchase of mining equipment and electricity production capacity increase.

Q?

If you have not found an answer to your question, please, contact us.

A.

wem@etb.lv