Outlier Ventures Weekly Brief Issue #29 View Online

Supporting the Shift to the Low-carbon Economy

Climate change has begun grabbing public attention at great scales. It may be the greatest crisis of our times and we will need all tools possibily available at our disposal to find our way to complete recovery. Technology will have a crucial role to play in enabling society's transition towards sustainability on the long run and give much needed insights on how energy is generated, transferred and consumed presently. The possibilities range from using IoT based sensors to collect data on everything energy related to using AI to improve how grids are maintained. Today's issue explores our latest report on energy and updates from Fetch on their Proof of Stake incentives.
Source: Unsplashed

Three Things The Energy Sector Must Do Today 
Our energy system has failed. Ever since the industrial revolution, our economy has mainly been powered by non-renewable sources of energy such as oil and gas. CO2 emissions are harming the environment while the global energy demand is expected to rise by 48% by 2040. We are increasingly adding geographically distributed mini-power plants, producing smaller amounts of energy that feed into newer local micro-grids and traditional large grids. We need a more sustainable, secure, and efficient energy ecosystem that enables us to collect data, keep track of it and generate insights that help us and the system itself improve. There are three things the Energy sector must do today:

  • Utilize the Internet of Things to collect energy-related data
    Data unlocks new energy data-driven business models such as energy as a service, renewable energy certificates, and energy storage as a service. IoT sensors such as smart meters turn any device into a smart one. Data collection is foundational for smooth grid integration, which is becoming more challenging as more distributed energy resources are being deployed.
  • Use blockchains to share data and data marketplaces to make it available
    Once we gather data from IoT we then need blockchains and smart contracts to secure and keep track of it so we can distribute it safely across networks. Today the energy market faces issues with trust in regards to energy production and consumption; this is where blockchains and smart contracts help us with energy trading and certifying renewable energy production. We then need to sell and exchange data in marketplaces that allow buying and selling of data and digital assets.
  •  Deploy learning algorithms to optimize and automate the grid
    Finally, after timestamping and securing our data, we need learning algorithms and smart contracts to help us optimize and automate energy production, distribution and consumption. Humans are not the only participants in the emerging energy markets. We need learning algorithms to turn any IoT equipped with batteries into autonomous economic agents.
For more on this, we recommend reading  our newly released report from our research analyst Vangelis Andrikopoulos

Fetch.AI Releases Information On Staking Incentives

Fetch.AI has released more details on their staking model and what it could mean for the network. Staking is a mechanism where large token holders tie up their tokens to help validate transactions on the network and earn a fee for it. The incentives offered are similar to bank interest rates offered on long term deposits. In the case of Fetch.AI, this may be as high as 20% in FET tokens. Fetch.AI will implement an auction model to determine the 200 nodes for each staking period. A minimum of 250,000 tokens will be needed by individuals to participate. The highest 200 bids will be selected, with those who staked higher than the lowest winning bid receiving the difference back. Users with fewer than 250,000 FET tokens will be able to delegate their balances to a third party service in order to receive rewards. For more on this key event in Fetch.AI's evolution, we recommend reading this article by Jonathan Ward

Get Involved

If you are looking to engage with our Diffusion Program please get in touch with the respective contacts below:

What The Team Is Reading
Bitcoin’s price will go down and up, but the education that Bitcoin offers will always be priceless.
    Email a Friend  
You can update your preferences or unsubscribe from this list
This email is intended only for the person to whom it is addressed and may contain confidential information. No one else may place any reliance upon, copy or forward all or any form of this email in any way. If any addressing or transmission error has misdirected this email, please notify us immediately by responding to us directly, and ensure that the email and any attachments are immediately and permanently deleted and is not used, disclosed, copied, printed or relied upon in any manner. In no event shall Outlier Ventures Operations Ltd or Outlier Capital LLP be liable for any direct, consequential, incidental special, punitive or other damages, whatsoever (including without limitation, damages for loss of business profits, business interruption, or loss of business information), even if Outlier Ventures Operations Ltd or Outlier Capital LLP have been advised of the possibility of such damages. Outlier Ventures Operations Ltd may monitor email traffic data and also the content of this email for the purposes of security.

Outlier Ventures Operations Ltd is registered in England and Wales, company registration number 10722638. Outlier Ventures Operations Ltd is an appointed representative of Sapia Partners LLP which is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 550103).

Crypto-currencies can be extremely volatile and subject to rapid fluctuations in price, positively or negatively. Investment in one or more crypto-currencies may not be suitable for even a relatively experienced and affluent investor. Each potential investor must make their own informed decision in connection with any such investment (after having sought independent financial advice thereon).

The content provided in this email is provided for information purposes only. It is not intended as an offer or solicitation to enter into any proposed transaction or investment.

In this email you will find links to other websites; they are for your convenience or to provide additional information, they are not an endorsement or a financial promotion. Outlier Ventures Operations Ltd Is not responsible for any contents, data, opinions and or reliability of the linked websites, and does not necessarily endorse views expressed on the linked website, and does not accept liability for the accuracy or completeness of any such information or opinions which can be subject to change without notice.
You can update your preferences or unsubscribe from this list

This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Outlier Ventures Operations Ltd · C/O Milsted Langdon LLP · 46-48 East Smithfield · London, Middlesex E1W1AW · United Kingdom