Younergy Crypto is an extension of Younergy.
Younergy: A Fintech-Cleantech Hybrid for Decentralized Solar Energy.
Founded in 2015, Younergy is a company that aims to revolutionize the solar energy production industry through more efficient financing solutions. They offer Power Purchase Agreements (PPAs) that allow commercial, industrial, and public users to enjoy the benefits of having a solar installation without having to make a full investment or cover operating costs.
Younergy Crypto enables direct funding of solar power, with revenue sharing and carbon credits. Younergy's Youdera Saas platform and processes support local installers to offer PPAs at competitive rates to consumers.
The branding of Younergy was created by the 3rd party, which has particular brand guidelines and well–developed brand recognition.
The shift towards Web3 is transforming the landscape of web services, and even established Web2 companies and projects are eager to join the trend. However, the lack of Web3 experience among Web2 users and developers presents challenges for a seamless transition. Meanwhile, Web3 applications are seeking support and promotion from traditional Web2 players to increase their market presence.
Magic Powered created the Younergy Crypto branding according to the Younergy existing guidelines, palettes and styles in order to highlight their connection and relationship, yet preserving the idea of self-defined brand identity. Brand assets include the Younergy Crypto logo as well as YC Token and YCO2(NFT) Token icons. In addition to the logo pack, the MP team created a number of illustrations and diagrams that support and preserve the identity of the Younergy Crypto product and its mission.
Magic Powered team provided comprehensive design, calculation and management of Co2 emissions data, as well as the development of smart contracts and a web application. They applied their expertise in technical design and development to deliver a solution that was both efficient and effective in addressing the challenge of monitoring Co2 emissions. The team's proficiency in smart contract development and web application development ensured that the final product was user-friendly and able to deliver accurate and reliable results.
Magic Powered designed and implemented a SaaS platform, Smart Contracts, and, in addition to it, a CMS (Content Management System) that provides a graphical user interface for making edits, enabling non-technical users to easily manage website content, as well as NFT creation and whitelist management.
Design principles for Web3 applications refer to the guidelines for creating decentralized web applications that are user-friendly, secure, and accessible. These principles are based on the lessons learned from traditional centralized web applications (Web2). Meanwhile, Web3 is a new generation of the internet where users have more control over their data and the network is powered by nodes owned by users, not central authorities.
The narrative design plays an important role in educating and supporting the product mission. To facilitate it we have used visualization principles to ensure an easy onboarding stage as well as further interaction within the application. The following principles include:
Visual Clarity: clear meaning to numbers avoids distortions, needless efforts, or misinterpretations.
Highlighting the main message: appropriateness of a data format brings attention to the purpose of the data given (e.g. comparison, ranking, etc.).
Engaging Data: enabling interaction to explore and dive deeper into the data provided.
Leveraging the lessons learned from the Web2 experience, we incorporated them into our design and development processes:
UX: intuitive design and easy to use for a broad range of users, regardless of their technical backgrounds.
UI: enable guided and structured design that incorporates guidance and structure into the design development to ensure efficient, effective and consistent results. Interoperability: seamlessly communicate and exchange data.
Accessibility: support various devices and browsers.
Security: prioritize user privacy and security of private information.
By funding solar rooftops through YC Token in a pool, the participant gets his share reflected by YC Token holding from that pool. Revenue share includes the native token of the Gnosis chain (xDai). Participants are not interested in owning a solar panel, BUT making impact, getting share, and also getting carbon value, which YC can tokenize. YC facilitates the process of funding solar rooftops for commercial and industrial projects, where the processes are smooth and predictable.
YCO2 is a certificate that certifies the participant is able to mint carbon credit from a range of solar projects, their locations, a range of time and kilograms he wants to mint. The visualization is generated from the data that signifies how much carbon was avoided. Minting allows participants to certify their share of the carbon value directly.
Web3. Gnosis Chain RPC: https://rpc.gnosischain.com
Youdera API: https://api.youdera.com/api (the source of electricity generation/consumption over all projects)
Carbon footprint factors: https://www.co2everything.com/category/travel-and-transport (used for live calculation of correspondence CO2 emission with average transport emissions)
Carbon Intensity API:
https://data.nationalgrideso.com (API provider)
https://carbonintensity.org.uk UK region carbon intensity by 30 minutes timeframes
https://app.electricitymaps.com/map – API for future integration, when other regions are online (currently UK only). 60m timeframes
Denis Kudinov – business analyst;
Vicky Plashevska - design lead;
Alena Shorenko - junior designer;
Marta Draganchuk - junior designer;
Roman Skaletskyi - co-tech lead
Denis Krasovskyi - co-tech lead
1 DevOps/Smart Contract (solidity)
3 Full Stack Devs
1 QA Engineer
Transparency of all the coordination actions that happen within the financial layer breaks down financial models into incentives for people to participate in solar rooftops funding without the need to make an impact by owning one. Real incentives come from the model of tokenizing the returns from the energy sources. Very straightforward flow that started with the conceptualization stage, overcoming the next proof-of-concept stage, and eventually launching with ever growing MVP product (12months). Further steps involve creation of new and improvement of current alternative financing solutions through crypto for solar-as-a-service business that is now scaling up from Switzerland to Europe countries. This technology shows potential for solving financial and therefore transactional layer issues.
You offset – we build:
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