Phaeton ESG Infrastructure Explained
In the lead up to Phaeton’s scheduled AMA on Friday, 10th June 2022, this article provides an executive summary of Phaeton’s ESG Infrastructure. We hope that this will lead to questions asked during the AMA.
Since Satoshi Nakamoto published the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008, the blockchain and cryptocurrency world has risen. Over the last decade, 1,000 different cryptocurrencies have been created. This exponential growth is causing a significant energy and carbon challenge. Most blockchain enterprises focus on cryptocurrency and digital simulations such as NFTs, Defi, Metaverse, etc. These platforms are sitting on the fence and are not addressing the energy crisis within the blockchain industry. Furthermore, many of them store their data in traditional data centres that use fossil fuel-generated electricity for their operations.
In analysing this energy and carbon problem facing the blockchain industry, Phaeton is creating a de-centralised network of datacentres, creating a Green Blockchain. Phaeton’s philosophy is to utilise blockchain technology to make the world a better place for all communities with a Social Impact. In enhancing its blockchain technology, Phaeton has created Phaeton ESG Infrastructure Ecosystem and rolling out three of its primary ESG business silos, namely (1) Phaeton Data Centres, (2) Phaeton Energy and (3)Phaeton Smarter Communities. Although they are separate entities, they have a strong connection as they rely upon the support services of each other, creating an integrated financial model. Below is a further explanation
Phaeton Data Centres (PDC)
At the head of Phaeton ESG Infrastructure, is Phaeton Data Centres. These data centres are modular, and factory manufactured for faster deployment in multiple locations. Income is derived from renting storage space, networking services, platform as a service, software as a service and staking nodes. In working with the other silos:
✅ Phaeton Energy’s renewable energy powers PDCs.
✅ To make Phaeton the most decentralised blockchain network, PDC requires Phaeton Energy and Phaeton Smarter Communities to deploy and grow its network. A Data Centre is included for every new solar farm or new real estate development.
✅ When incorporated into its sister silos projects, PDC will share a percentage of its income as rental payment.
Phaeton Energy (PE)
Phaeton Energy focuses on investing in and developing micro-grid solar farms with battery storage in regional locations. While the focus is on solar power, it will also work with wind power and, to some degree, hydrogen power. The revenue streams of PE are many, including carbon credit trading, the sale of energy to the primary grid, and behind-the-meter energy sales. In addition, PE works with her sister silos by way of:
✅ Provide renewal energy and battery backup. While it will charge for the power it provides, this will be offset against an agreed income from PDC.
✅ Provide advisory services in installing a solar array and operations management to Phaeton Smarter Community Development projects.
Phaeton Smarter Communities (PSC)
Phaeton aims to change the paradigm of housing developments by demonstrating how Blockchain Technology is incorporated into real-life situations. PSC is a new generation of housing that includes construction technology. These projects are underpinned by Phaeton Blockchain Technology, creating an innovative and sustainable living for all. The PSC revenue streams are typical of rental leases and sales real estate investments. PSC’s business model and strategy are as follows:
✅ Work with other real estate developers to increase the delivery of more data centres for PDC, creating a varied and more extensive decentralised block-chain network.
✅ Share additional income stream with PE, selling excess power to the primary grid, and a percentage share of PDC’s revenue. These extra income streams increase the yield of new developments, increasing their chances of securing funding from lending institutions.
SUPPORTING BLOCKCHAIN TECHNOLOGY
In delivering these ESG projects, Phaeton has created several blockchain applications, including the following.
🎯 Phaeton Primary Staking Node: The node will be utilised to raise the seed capital of any project.
🎯 Phaeton Real Estate NFT: This application has been designed to raise equity for the project.
🎯 Phaeton ESG Bond Exchange: This platform aims to raise debt finance for ESG projects.
🎯 Phaeton Delegated Nodes: These nodes will provide a passive income for occupants of Smarter communities to assist with their rental or mortgage commitments.
History shows that the actual financial value of any successful company is its tangible assets. For ex-ample, most real estate doubles in value every ten years or aligns with inflation. Therefore, building a portfolio of these assets will increase the financial strength of Phaeton. In contrast, technology is constantly evolving, and its value may come and go and can face fierce competition. In contrast, tangible assets will remain strong as it is easier to establish the value of a tangible asset.
INCLUSIVE AND NOT EXCLUSIVE
Phaeton ESG Infrastructure is being built not purely for Phaeton’s blockchain platform and storing Phaeton’s data. The infrastructure is open to all players in the blockchain industry. Any blockchain enterprise that believes in the green movement can use Phaeton’s Data Centres. In this case, Phaeton is not competing with other blockchain enterprises. The competitors are the traditional data centres that consume significant energy driven by fossil fuels and increase the carbon footprint.
We hope that this article provides a good overview and why Phaeton is placing significant effort in delivering ESG projects. It reduces the use of fossil fuels for blockchain technology, and at the same time, it provides substantial financial value to its shareholders and token holders. If you are unclear about anything in this article, please submit your questions at our next AMA. The link will be provided 24 hours before the scheduled time.