The world is shifting to a sustainable model of energy both for it's viability and out of necessity and GENERcoin will serve to promote and assist this vital inititive. The value of GENERcoin is represented by the deliverable energy it is backed by, which can be more stable than debt assets which may be devalued due to inflation.

GENERcoin is backed by the energy outputs purchased from renewable energy generating facilities, such as Arterran Renewables, that are then sold to wholesale distributors, and end users. These assets may be claims in the form of standardized Power Purchase Agreements for delivery from energy generating facilities like Arterran Renewables.

GENERcoin is modeled from this concept and is backed by the deliverable renewable green energy assets provided by Arterran Renewables NextGen Solid Biofuel. Each GENERcoin, built upon the Mastercoin Master Protocol, is a claim, a receipt, for the energy backing each coin which may be redeemed, traded or exchanged according to the holders wish.

GREEN ENERGY BACKED GENERCOIN

In 2012, coal fired power plants accounted for about 40% of U.S. carbon pollution and 67% of direct emissions reported under the GHG Reporting Program (Source: US EPA). Coal mining also consumes vast amounts of water: between 800 and 3,000 gallons of water are used to extract, process and dispose each ton of coal.

Arterran's Renewables NextGen Solid Biofuel truly is revolutionary as it is a direct replacement for Thermal Coal used for the production of electricity, and provides a solution to humanities dependance on thermal coal use and GENERcoin provides the mechanism to assist in this transition to sustainability.

FUTURE POSSIBILITIES

The future possibilites for GENERcoin pertain to the option of future GENERcoin sales to fund future Arterran Bio-reactors to assist the deployment of these facilities around the world.

Such future sales would have zero negative effect on already issued coins as all coins will always be backed by the same 10,000 btu's of energy. Additional deployment of GENERcoin in conjunction with, mandated, more Arterran facilities will serve only to strengthen the brand, and increase the number of exchanges, even merchants, willing to accept GENERcoin for trade.

To follow such a policy would propel GENERcoin down the path towards the premise postulated by Mr Gogerty and Mr Zitoli in their DeKo thesis: stating the merits of a currency backed by energy creates price stability and resistance to devaluation.