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, to increase the share of renewables in electric energy production and create an example of an alternative and more profitable use of green energy.

Q?

What is WEM price?

A.

WEM price is 0.001 ETH The buyback price is 0.0015 ETH

Q?

How to buy WEM?

A.

You can buy WEM for Ethereum. To buy tokens, you will need to have the token compatible Ethereum wallet.

Q?

How will the buyback be conducted?

A.

The buyback will take place from March 1, 2019, to 2020 inclusive.
We will provide details separately.
Towards the end of the project, when economic performance and the scale of the project would be known, we plan to provide investors a possibility to exchange, on their will, debt tokens to equity tokens.

Q?

How shall I know about the beginning of the buyback?

A.

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

Q?

What kind of bonuses is available to WEM buyers?

A.

If you buy 1,000 and more tokens, you will additionally get 5% of the purchased quantity for free.

Q?

What guarantees the reliability of my investment?

A.

ETB company is an operating enterprise- wind electricity producer, and the main advantage of the project is that we do not have a need to buy electricity for mining. The usage of own electric power sufficiently reduces cryptocurrency mining costs. This brings positive benefit to the profitability of the project and provides guarantees for the return of investments.

Q?

How will you spend the ICO funds?

A.

We will forward the funds to the purchase of mining equipment and the increase of electricity production capacity.

Q?

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

A.

wem@etb.lv