Conflow Power Announces the launch of its DILO token.
A Decentralised ILO (DILO)
A bridge between the centralised structure and the decentralised world has been built.
London, England, August 8th 2022, we all should be conscious that business is business and profit should be the focus, today however, doing more than making money is vital if you want to have a long lasting profitable enterprise. Being sustainable, inclusive and modern to the point of futuristic would be a few examples.
Conflow Power Group (CPG) is a future based power company with sights on dominance via partnerships, inclusive to all current market leaders and all potential customers. Using a unique approach to disruption, Conflow Power has created a license to print money by embarking on a strategy that does a lot more than make profit, be futuristic, have sustainable goals, and advance alternative energy. It now has instruments in both the centralised system and the decentralised system.
Edward Fitzpatrick CEO of Conflow Power Group said, “The goal is to make autonomous power sustainable and reliable.”
Conflow Power started out just a few years ago with a single battery technology, a technology that had game-changing possibilities. But with all game-changing possibilities comes game changing challenges. The real metal is found in overcoming those challenges and devising a plan that can sustain itself without the need for endless capital.
Edward Fitzpatrick, CEO at Conflow Power is no stranger to game changing energy deals, almost 30 years ago, he funded the first Oil exploration deal to find oil in the Sudan. He brought together a financing totalling $150,000,000 and as a result, they discovered a billion barrels of oil. Even with this success, the challenges there are still vibrating harshly today.
With years of R&D and tens of millions in funding needed to get this technology to market, Conflow Power had to find a way to make money not raise money, build partnerships and gain awareness while advancing the technology that could indeed ‘one day’ become a change maker.
The first step was obvious, invite people into the company by purchasing a license to advance the ideas of Conflow Power and help build awareness in overseas territories. It launched on the ILOCX in 2019 and was listed at $2.00 per license (post-split) for the basic ILO. They sold out fast and the marketing awareness worked. CFP sold territorial rights to partner groups in order to advance the technology in multiple locations to create an ever-increasing Global footprint and start the process of Radical Scalability. These were launched, and to date, 14 countries have been sold and a further 13 are in pre-licensing stages. A detailed report of these can be found on the company website www.ConflowPower.com
The technology has advanced, and the company has acquired companies and other technologies, as well as partnered with multiple companies to gain a strategic foothold in the marketplace.
Conflow Power has sold around 1.1 million ILO’s on the ILOCX between $2.00 and $9.50, logging a five times (5X) return on the initial purchase price less than 3 years ago.
Conflow Power owns iLamp (www.iLamp.com) as its flagship brand and product for the streetlight sector. iLamp integrates many of the technologies owned and operated by Conflow Power. This collection of technologies covers many aspects of city life and offers the possibility for power to become autonomous and relax the usage that large cities place on the grid as we head into a more electric focused world. iLamp also has claim to being the world’s first revenue generating street lamp, bringing a host of ground-breaking smart technology to the market.
Conflow Power today launched the pre-sale for invited participants in its DILO, a Decentralised ILO. Participants in the DILO must have networks large enough to help grow an audience in the decentralised world and help with the wider sale; which will ultimately lead to the launch of its own crypto currency in 2023 called iCX.
iCX will be a first in many ways. It will be the economic driver for trade between buyers and sellers of alternative power. Each iCX will be minted per Kilowatt hour of power (kWh) generated by the network of iLamps and other products Conflow Power will launch later this year.
If you purchase power from any of the technology-based products which Conflow supply to developers, cities, and end users, you must pay in iCX. If you sell power into the network on a microgrid structure you will be paid in iCX. This stabilises the cost of power, which will vary according to the location. One iCX will not be pegged to one kWh of power.
Conflow Power runs a Power-as-a-Service model where top ups of power are charged by our partner power companies to municipalities, exactly the same as if they supplied the power via the national grid.
iCX will also act as a currency to help fund and develop providers of alternative power and aggregate them into the infrastructure, bringing sales and distribution, as well as finance for these innovators.
Register for updates on the white paper release date at iCXcoin.com
The DILO launched today is backed by the revenue of Conflow Power Group, bringing a solid factor to the world of decentralised tokens. Each DILO will share in the royalty payments made in the regular ILO, but hosted on the Blockchain using Ethereum smart contracts.
Conflow Power issued 3.3 million ILO’s, and to date has sold 1.1m.
Of the remaining 2.2 million it has issued 1.1m ILO’s into the decentralised pool and split them 1000 for 1 so there are 1.1 billion DILO’s in issue. There is no dilution to the royalty percentage as the total of 3.3 million is still the defining factor.
Legally, 3.3 Million units owns 10% of Conflow Power Group’s revenue, made up of 2.2 million ILOs and 1.1 billion DILO’s with an opening price equally split to 0.0095c per token, whereas the ILO is priced at $9.50c.
Conflow Power is launching three other product ranges this year. iCharge Network and iTraffic-signal, to bring micro grids and alternative power into reality on the streets of cities all over the world, and iTurbine to spread into new market sectors. As the range of products widens, the scope of radical scaling via global license sales widens with it, and autonomous power will become reliable and sustainable.
to register for the pre-sale [email protected]
About Conflow Power
Conflow Power Group Limited (CPG) is a UK-based power tech aggregator using enhanced battery, enhanced solar and enhanced generators to create off-grid autonomous power, making alternative energy a stronger use case than the incumbent. CPG owns 100% of iLamp, including all intellectual property, designs and rights. iLamp is the first flagship product to emerge from CPG with many more sectors and markets to tackle in due course. CPG has licensed its various technologies across 21 countries and is focused on adding many more aspects to create a complete eco-system for all aspects of the future of power. CPG owns 100% of Batteryware Limited and a 20% stake in Power as a Service limited (PaaS).
Contact [email protected] for more information
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