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WHITE PAPER______

Decentralizing global energy markets by rewarding energy
efficient behaviour I Power to the People.

08th March 2018 I Version 5.0
______________________________________________________________________________________

This White Paper states the current views of Energi Mine Limited concerning the Energi Mine Blockchain platform and
related matters. Energi Mine Limited may from time to time revise this White Paper in any respect without notice. The
information entered in this White Paper is indicative only and is not legally binding on Energi Mine Limited or any other
party. This document is for informational purposes only and does not constitute and is not intended to be an offer to
sell, a solicitation of an offer to buy, or a recommendation of: (i) Energi Token, (ii) an investment in the Energi Mine
Blockchain Platform or any project or property of Energi Mine Limited or (iii) shares or other securities in Energi Mine
Limited. or any affiliated or associated company in any jurisdiction. Please read the important legal disclaimers at the
end of this White Paper.


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CONTENTS

EXECUTIVE SUMMARY








3
ENVIRONMENTAL IMPACT








4
CURRENT ENERGY SAVING INITIATIVES






7
EMPOWERING COMMUNITIES







10
ENERGI MINE EXISTING BUSINESS






11
THE CURRENT PROBLEM








12
SIZE OF THE MARKET








16
ENERGY MARKET REGULATION







18
TOKENISATION









19
EXAMPLES TOKEN USER CASES







20
FUNDING USAGE









22
TECHNICAL SPECIFICATIONS







23
TOKENOMICS









24
ARTIFICIAL INTELLIGENCE








25
ARCHITECTURE









26
PARTNERSHIPS









27
DEVELOPMENT









28
ROADMAP










29
MEDIA










30
LEGAL DISCLAIMERS








31







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1. EXECUTIVE SUMMARY
Energi Mine aims to decentralize the $2 trillion global electricity markets which are naturally
closed and controlled by a handful of large players. Energy companies are currently
incentivised to sell more energy and at the highest possible price.
The market for power (electricity) generation is naturally becoming decentralised, in that
more and more individuals and businesses are generating their own energy through
renewables. However, they are still selling this energy back to the big energy companies.
Energi Mine is creating a platform that matches customers with smaller generators, as well
as creating a global eco-system whereby users are rewarded with tokens (Energi Tokens
ETK) for energy-efficient behaviour.
We believe that when it comes to energy, reward mechanisms must have a financial benefit
to the user before behavioural change occurs. Therefore, we believe that the tokenisation of
the market will be the only real driver to create a more energy-efficient system.
For example, if a commuter is encouraged to use public transport by the Local City
Authority, they could be rewarded by being given ETK. ETK then has a cash value, but could
also be used to pay directly for the commuter's domestic energy bill, or charge their EV.
Our goals are to reduce energy consumption globally, and create a token-based platform,
which provides financial incentives to reward energy saving behaviour.
Energi Mine is an existing business, based in our own offices in Manchester, UK run by an
experienced team of both energy and tech professionals. The business currently focuses on
the business sector, and manages over $140m worth of energy on behalf of over 1,100 sites
across Europe with existing revenue of $500,000.
The team deploys Deep Learning/AI models to manage energy consumption on behalf of
corporate clients, leading to more efficient service delivery in a very manual sector. Our CEO
Omar Rahim comes from the energy trading sector, having previously managed over $3bn
worth of energy before founding and successfully exiting his commodity trading business.
In this white paper we set out our plan to revolutionise the energy sector changing the
way energy is both traded and consumed. With power markets on all Continents
deregulating to allow for greater competition, the time is right to launch Energi Token the
tokenized platform for energy.






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2. ENVIRONMENTAL IMPACT
There is a direct correlation between an individual's energy usage and their impact on the
environment. Essentially, when a person consumes less energy, they reduce the number of
toxic fumes that need to be produced by power plants in the first place to create that
energy. This then conserves the earth's natural resources and protects natural ecosystems
from destruction. Each individual step a person takes to reduce their energy intake directly
reduces their carbon footprint thus creating a more eco-friendly environment for us all.
Over recent years, creating awareness of this connection between a person's actions and
their impact on the environment from an energy perspective, has been on top of the agenda
of policy makers across the world. Governments, regulatory bodies, commercial institutions,
and high-profile individuals have all been pushing this rhetoric and have collectively created
solid appreciation of the cause. The impact of what we do in our daily lives such as how we
commute to work, how we use appliances at home, how we recycle etc, have all been put in
the spotlight and has made us more energy conscious.
The most noticeable way that reducing energy helps the environment is by decreasing
power plant emissions. To generate electricity, most power plants burn coal, crude oil or
other fossil fuels. This method of creating energy is relatively inexpensive, however carbon
dioxide, sulphur dioxide and nitrogen oxides are just a few of the by-products that come
from these traditional methods of power generation. Cutting back on energy consumption
reduces the amount of electricity that power plants need to make, subsequently reducing
the amount of fossil fuels that are burned each day.
Carbon dioxide, which accounts for most of all airborne pollution, is a greenhouse gas.
When carbon dioxide is released into the air, it absorbs the sun's warmth and keeps heat in
our atmosphere. This "greenhouse effect" is a natural phenomenon, and as power plants
burn more fuel to create more energy, the extra carbon waste traps too much heat. This can
have a detrimental impact on our land and our lives. Effects of greenhouse gas emissions
include:

Rising temperatures, heat waves and drought
Higher sea levels
Abnormal weather patterns

Increased intensity of natural disasters






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CONSERVING NATURAL RESOURCES
When someone opts to cut back on energy use, they also help conserve limited natural
resources that would otherwise be used to power the power plants. Less demand for energy
creates less demand for harvesting fossil fuels. Turning off the lights at night for example
saves coal, natural gas and more. From an economic standpoint, it's critical to conserve our
finite resources.

SAVING ECOSYSTEMS
In addition to impacting climate patterns and depleting stores of natural resources,
excessive energy use can harm animals and ecosystems. Mining, logging and material
extraction associated with the provision of fossil fuels destroys habitats on land and in the
ocean. Human- induced air pollution is one of the main reasons that biodiversity is
disappearing at 1,000 times the normal extinction rate.



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OVERSHOOT DAY




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3. CURRENT ENERGY SAVING INITIATIVES
Roughly speaking, there are two types of energy efficiency initiatives that can be
implemented; working with existing tools, and investing in new equipment and technology.
Various initiatives have been implemented across the world by policy-makers, but all have
had limited success. More and more economists are finding that energy efficiency policies
do not actually work that well. Costs to implement programs often exceed the benefits and
the actual realization of any savings aren't always apparent or tangible enough.

REBATE PROGRAMS
To date, no energy efficiency program in the USA has achieved significant scale and realized
dramatic reductions in total greenhouse gas emissions. Energy Efficiency rebate programs
can help stimulate business but they are not leading to true market transformation.
Solar Power Subsidies
The UK government launched the Feed-in Tariff (FiT) in 2010, paying domestic users for the
energy they produce through solar panels. The solar Feed-in Tariff rewards homeowners
who install solar panels. The government pays for every kWh of energy a user's panels
generate.
Users get paid for both the energy they use (the generation tariff) and the energy they do
not use (the export tariff). Energy bills should drop significantly, because the panels will
generate free electricity.
With the costs of solar panels plummeting, the government announced plans in 2015 to
reduce the Feed-in Tariff by 87%. The number of solar panels being installed in the UK has
fast been diminishing with many commentators suggesting that industry is being strangled
by government policies despite being one of the cheapest sources of electricity.
Based on recently released government statistics, the number of people putting solar panels
on their homes is now at a six-year low. Between January 2017 and March 2017, there were
about 650 rooftop deployments a week a fall of more than 75 per cent on the long-term
average of 2,700 a week since 2010. In the same period 2017 has also seen a huge collapse
in the number of solar panels being put up by businesses following the withdrawal of
virtually all subsidies, a stunning business rate hike of up to 800 percent and the imposition
of "red tape".

HARDWARE PURCHASES
According to market research, one-third of homeowners in the US who have paid for
energy- efficiency upgrades, e.g. Switching to CFL, (compact fluorescent lamp) light bulbs, or
installing Energy Star appliances say they have not seen the decrease in energy bills that

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they expected. This is because once they have paid for energy-efficient initiatives they still
act and behave as they did before, if not a little excessively. This is called an energy
efficiency rebound. People think that because they have installed CFLs, they can leave the
lights on all the time. These findings suggest that installing energy efficient products alone
are not enough. It is how we change our behaviour alongside the installation of these
initiatives that really make the difference.
SMART METERS
A survey recently revealed that three quarters of the public support smart meters and the
sharing of energy consumption data. Governments across the world hope to offer the
technology to every home and business with varying timescales.
Smart meters are a valuable tool for helping people understand and quantify energy use by
providing accurate energy use data in real-time. This can be shown on an in-home display
and read remotely by the energy supplier. Historical information on energy use and cost will
allow consumers to compare current and past use.
The aim is for smart meters to help make energy consumption more visible to consumers
and help us understand how much we're actually using.
Research has shown that people use less energy if they are more engaged with how much
they are using and how it is being used. An understanding of how much energy consumers
use in monetary terms daily would encourage them to be more energy efficient.
Commentators state that although the uptake of smart meters has been high, the
technology alone is not sufficient enough to change the way we consume energy - Smart
meters will need to be accompanied by incentives and support systems to make us change
our behaviour.
Smart meters need to fit into a larger pattern of environmental messages energy use
information on its own is not going to be enough. Because energy consumption is a deeply
ingrained behaviour that ties into work, shopping and family life, it will take quite a lot of
effort to change.
Studies show that successful energy saving programs foster a sense of achievement and
identity. Suppliers are now looking at other ways to engage users with energy-saving
technologies and schemes.
Energy companies are starting to take advantage of basic human behaviour to encourage
people to reduce energy consumption. However, we feel that it's important that they
embrace the current digital world we live in and find solutions that mould themselves
around existing patterns of life not create new ones. Behavioural change will eventually
come over time, first by early adopters and then by the general public, once the actions that
need to be taken to accomplish this do not require too much effort, upfront cost or huge
change in human behaviour. Small, tangible steps in user behaviour can be used by making

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the actions required by the end user as easy as possible. This also needs to be tied into clear
monetary incentivization. Such incentives can clearly be communicated in this digital world
through the use of social media platforms as well as other digital communication platforms.



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4. EMPOWERING COMMUNITIES
A clear indication of how societies have become more 'energy conscious' is the rise of
'community energy' projects and initiatives. The purpose of 'community energy' is to
transition to a low carbon economy by creating a virtuous cycle of resource allocation for
social and environmental benefit. It encourages large-scale community participation,
ownership and responsibility.
Whilst action-oriented responses to climate change continue to grow exponentially, limited
access to finance has hampered the development. Implementation of distributed energy
solutions have not been established at anything like the scale or speed required to make a
significant difference.
Initiatives such as 'The Community Energy Coalition' is a UK group of trusted and influential
civic society organisations and sustainable energy experts, working to help enable
communities take control of their energy. Their focus is on generating and saving energy
together for the benefit of all. Their agenda is to ensure people themselves have a say and
control how energy is generated, how much it costs and where it comes from.
It is clear that across the globe, communities are already coming together to change the way
they think about the energy system and their relationship with it. This demonstrates how
people have become energy conscious enough to feel motivated to make a change.
However, progress itself has been limited due to the lack of the right mechanism.
Initiatives are overly reliant on investment in costly infrastructure, as well as an over
dependence on governments and relevant institutions. Energi Mine believes that although
the concept of 'community energy' is the right way forward (in that it is trying to empower
individuals to take control of their own energy), it has failed due the lack of access to
tangible actions an end user can actually make. It requires adoption of additional
infrastructure and can only move forward at the speed of associated affiliations. Our model
can achieve community energy by utilising existing infrastructure which has a low barrier to
entry. These enablers will allow individuals to truly be empowered.



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5. ENERGI MINE EXISTING BUSINESS
Energi Mine was founded in 2016 by Omar Rahim. Our team are based in our own 3,500
sq.ft. offices in Manchester, UK. The company serves Industrial and Commercial (I&C) users
of energy by carrying out energy trading and energy management services. Energi Mine sits
in between a supplier of energy (large utilities) and a large consumer of energy. We use
Deep Learning/AI models in our core offering, and are building blockchain solutions to
complement our suite of products.
The company is a fully functioning commercial entity with operations, sales, finance and
administrative functions. The company currently manages over $140m worth of energy on
behalf of its customers. It looks after approximately 1,100 customer sites across Europe (UK,
France, Belgium, Netherlands).
The company has already booked around $500,000 revenue in 2017. Our customers include
one of the largest law firms in the world, one of Europe's largest fuel retailers and the UK's
largest independent construction materials group.
Energi Mine owns all of its own IP, and has a suite of Deep Learning/AI models that are
operational in relation to our clients' energy data.
The company adds value to its clients by advising on risk management strategies in the
procurement of energy as well as using predictive modelling to give clients a unique insight
in to their energy consumption. Energi Mine receives management fees for the above
services.
We intend to capitalise on our market position and expertise by building the blockchain
solutions outlined in this white paper and deliver them to power markets across the world.



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6. THE CURRENT PROBLEM
"Consumers are showing a greater desire to have control over how their energy is generated
and distributed. Many domestic consumers are now both producers and consumers of
electricity, for instance through rooftop solar panels or wind turbines. They are motivated by
financial and environmental concerns, as well as low levels of trust in large energy
suppliersWe could see more consumers move away from the traditional utility model and
adopt community schemes or peer-to-peer trading arrangements to provide their energy
needs instead"
OFGEM, UK Energy Regulator

The existing model in the energy marketplace has four main issues;
1.
Centralised
A small number of large energy companies supply millions of customers who are price
takers.
2.
Opaque
Markets are illiquid and in the hands of financial brokers. Electricity is traded OTC (over-the-
counter) between energy companies or banks and therefore there is no transparency to
users of energy.
3.
Lack of incentives to use less energy
Energy companies make money from selling more energy, so consumers are not
incentivised to change behaviour.
4.
Lack of competition
Barriers to entry are high, with complexity of regulation and costs of entry being the two
main reasons for the monopolies operating in all major power markets globally.



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OUR SOLUTION
The small number of blockchain energy schemes to date have focused on incentivising
renewable energy generation. Whilst we feel this is a good application for blockchain, the
model does not really resolve the key inefficiencies in the market. Our focus at Energi Mine
is to reduce global energy consumption by incentivising through the token model. We feel
our model will lead to:
1. A reduction in global energy consumption
2. A reduction in retail energy prices
3. The creation of an eco-system, including a transparent peer-to-peer platform to
trade energy
Energi Mine is building an energy eco-system, a new energy market using blockchain at its
core. The platform we are building will have two aspects; a peer-to-peer marketplace to buy
and sell energy and a reward platform.
The peer-to-peer marketplace will connect generators and consumers on a common
platform, bringing transparency to a notoriously opaque market. Members will be able to
benefit from this disintermediation by connecting directly with each other, without an
energy company/broker in between.
The platform will ensure prices are always truly market reflective, as opposed to being kept
artificially high by the current monopolies we see all over the world.
Furthermore, a reward mechanism will be created that rewards energy-saving behaviour
with Energi Tokens (ETK). Actions such as buying energy-efficient appliances, taking public
transport and using less energy at home will be rewarded with ETK. The tokens will have a
market value and can therefore ultimately be exchanged for fiat currencies or held to pay
for future energy bills/Electric Vehicle charging.
The model is one that works in a global context and will be implemented across all power
markets, which are becoming increasingly deregulated. The Chinese power market, which
has always been closed, is also opening up in 2018, which will lead to access to a $500
billion market.



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HOW ELECTRICITY IS TRADED NOW
Electricity prices are currently traded via exchanges or OTC (over the counter). In many
markets, over 75% of volumes are traded OTC. This means that bids/offers are left with
financial brokers, and this is often done outside of exchanges. Visibility and transparency is
one of the major features lacking in the current market. We currently have a centralised
model, where a small number of large energy companies dominate the landscape. This is a
model that has led to a lack of innovation as there has been no threat to the status quo.
A global move in to renewable technology has led to an increasingly decentralised market,
where consumers are starting to generate their own electricity. In addition to this, as
battery technology evolves, consumers are becoming more and more independent. There is
however, a huge gap in this model. Consumers still have to use traditional utilities to both
buy and sell excess energy requirements from their own generation.

CURRENT SYSTEM
Consumer Generator produces more energy with solar than they need, so they have to sell
some back to an Energy Supplier. This supplier will then sell that energy back to Consumers
A, B and C with a margin added.



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NEW SYSTEM
Under our peer-to-peer model:
Consumer Generators could sell to different consumers (e.g. Consumer A, Consumer, B or
Consumer C) with each individual party better off financially from the transaction.



Any participant can buy or sell from any other participant.
Some consumers are also generators (e.g. wind/solar). All parties in our eco system are able
to trade with each other. Large power stations (gas, coal, nuclear) are being replaced with
thousands of consumer-generators.
Under our model, energy companies themselves will not necessarily be displaced, however
their business models will be forced to adapt to the new economy. Energy companies will
start to take payment of energy bills in tokens as there will be a market for those tokens and
a value associated with them. Blockchain is appealing to energy companies as it will allow
the energy companies to deal with the administrative burden of connecting to market
operators, distribution and transmission network operators and other bodies through the
blockchain. It would also allow consumers to pay daily or weekly for their energy
automatically, with lower levels of debt.
Finally, it will give rise to greater competition in the electricity market. For instance, with our
model, consumers will be able to "auto-switch" their energy supplier every 30 days. The
system will tender their contracts every 30 days in a frictionless manner for the consumer.
This will ensure a more competitive marketplace and truly market reflective prices.



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7. SIZE OF THE MARKET
Total global electricity consumption was 21,190 TWh (Terawatt hours) in 2016, with 43%
coming from Asia and 27% coming from the Americas. China and India made up most of
Asia's consumption, at 58% and 12% respectively. This means that China alone consumed
approximately 25% of global electricity in 2016.
Power traded globally is a market worth around $2 trillion per annum, with various
countries/territories at various stages of deregulation. Most major markets are either
deregulated or in the process of deregulating, with the notable exception of the Middle East
and Africa. However, those two regions make up less than 8% of global electricity used.
Most noteworthy, the fact that China recently announced it would be starting the process of
deregulation of its $500bn electricity market in 2018.
Energi Mine has two core platforms that will integrate with Energi Token. The peer-to-peer
trading platform and the reward platform. The peer-to-peer model will allow direct trading
of electricity between users, without an intermediary; whereas the reward platform will
award tokens for energy saving behaviour.



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Figure 1. Regional breakdown of global electricity consumption.



Figure 2. Detailed regional breakdown of global electricity consumption in TWh per year.

World Electricity Consumption: 21,190
Europe
3,342
CIS
1,252
America
5,666
Asia
9,053
Pacific
274
Africa
638
Middle-
East
965
Belgium
83
Kazakhstan
76
Canada
498
China
5,219
Australia
229
Algeria
60
Iran
250
Czech Rep.
61
Russia
887
United States
3,867
India
1,065
New
Zealand
39
Egypt
152
Kuwait
53
France
448
Ukraine
128
Argentina
131
Indonesia
216


Nigeria
24
Saudi
Arabia
296
Germany
533
Uzbekistan
49
Brazil
509
Japan
927


South
Africa
205
UAE
114
Italy
293


Chile
70
Malaysia
149






Netherlands
107


Colombia
52
South Korea
512






Poland
141


Mexico
268
Taiwan
241






Portugal
47


Venezuela
83
Thailand
183






Romania
51


Argentina
131








Spain
240












Sweden
131












United Kingdom
307












Norway
121












Turkey
229
















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8. ENERGY MARKET REGULATION
There are around 50 countries globally that have deregulated or are in the process of
deregulating their electricity markets. Deregulation generally refers to the shift to a
competitive market, with private companies able to supply electricity as opposed to state-
governed tariffs.
The European union has been trying to create a large, unified energy market across the
continent. The end goal of these projects is to create an integrated energy system across
Europe to allow its residents to benefit from reduced prices. It also allows a more
sustainable and manageable energy grid. Levels of deregulation vary across Europe, with
Western and Northern European markets being highly deregulated, as opposed to Southern
and Eastern markets which can be described in general terms as partially deregulated.
In North America, most states in Canada have deregulated energy markets, the most
complete being Alberta and Ontario. United States on the other hand has a wide spectrum
of deregulation dependent on individual State.
Australia and New Zealand also enjoy a high level of deregulation in their respective
electricity markets.
China and India account for around 30% of global electricity demand combined, and both
countries have made recent progress towards deregulation. China has announced it will be
partially deregulating its $500 billion electricity market - a process that will commence in
2018.
Despite efforts to deregulate, most markets still see a lack of effective competition with
individual markets dominated by a small number of large players. This, in its essence, is anti-
competitive and regulators are alive to the fact that the progress has been insufficient.
Regulators are publicly encouraging the opening of markets, and are aware of the potential
disruption that new models can cause. Overall, this is seen as a good thing as it ultimately
leads to a more competitive and transparent market for consumers.
It is Energi Mine's intention to work very closely with energy regulators across the globe, in
order to reduce any regulatory risk in individual markets. Some territories require licensing
to operate, however this is usually only if the entity is considered an energy supplier. Our
team at Energi Mine has direct experience of the regulatory processes involved in becoming
licensed in multiple territories.




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9. TOKENISATION
The world spent over $2 trillion on electricity last year (2016) and our token model will
incentivise energy reduction and provide a marketplace for trading energy.
The tokens will be based on the Ethereum ERC-20 standard and can be bought on coin
exchanges for a number of purposes, examples of which include the running of individual
incentive schemes or to use as future settlement against your energy bill.
Tokens can also be earned by energy saving behaviour, such as commuting via public
transport, buying an Electric Vehicle or consuming less energy at home or in the workplace.
For example, a consumer uses 50,000 kWh per annum (taken from their smart meter
readings), the next year the consumer uses only 40,000 kWh per annum due to energy
efficiency measures. The consumer will be awarded a number of Energi Tokens (ETK) which
can then be sold and ultimately rewarded in fiat currencies. Alternatively, the tokens can be
saved for future energy bills.
Tokens can also be saved up by an employer and distributed as a company benefit to reward
company-wide energy saving behaviour.
Large institutions will also purchase quantities of ETK to run their own incentive schemes.
The way we build our platform will be designed to encourage a collection of initiatives with
a common goal. For example, a manufacturer of energy-efficient electrical appliances would
buy ETK to give away to customers buying their product or a transport authority would
purchase ETK to give to commuters taking public transport in to work.
The tokens will have an inherent value, with multiple user cases on a single eco-system.




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10. EXAMPLES TOKEN USER CASES
A)
Using ETK to settle energy bills
Customer has collected ETK from various energy saving activities outlined below. The
Customer then uses the ETK to settle their regular energy bill with their supplier.

B)
Using ETK to access a peer-to-peer energy trading platform
Customer A has excess energy generated from their solar installation. Instead of selling to
an energy company, they sell it directly to Customer B, who does not have any generating
capability. Customers A & B both need ETK to access the exchange.

C)
Getting rewarded with ETK for reducing energy consumption
Company A saves 100,000 kWh on their energy consumption compared to last year.
Company A is awarded with 1000 ETK which they can sell on exchange, pay their energy bills
with or give them to employees as a staff incentive.

D)
Getting rewarded with ETK for using public, low carbon transport
Customer A currently drives to work. However, the Local City Authority runs an incentive
scheme to encourage public transport usage and buy 100,000 ETK to distribute to its
residents taking public transport. For every mile travelled on public transport, the Local City
Authority gives ETK to Customer A.

E)
Using ETK with EV (electric vehicle) charging stations
Customer A buys ETK to "top up" their ETK account. They can then use these credits to
access any EV charging point in the country to charge their EV. ETK is a common currency for
all EV charging points.

F)
Manufacturers of energy-saving products (including IoT devices)
Manufacturers would purchase a quantity of ETK to "give away" with their energy-efficient
electrical appliances. Customers now have an incentive to purchase energy efficient
products as the ETK acts as a discount.



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G)
Energy Utility company buying ETK
Utilities are keen to increase customer engagement and stickiness. Utilities may be large
buyers of ETK to give them to their customers as a "reward/loyalty scheme". These ETK can
then be redeemed for cash or used to pay future energy bills.

H)
Battery trading exchange (Energy Storage)
Energi Token (ETK) will also be used within the energy storage sector. Battery technology is
enabling electricity to be stored, for the first time on any real scale. Costs have been falling,
which will mean an increase in the uptake in storage devices in both homes and businesses.
Battery storage devices in aggregate effectively act as a dynamic balancing mechanism,
where units can be turned up and down to balance the grid in localised areas.
Energi Tokens will be used as a currency to access our battery-trading platform. We are
working in collaboration with the Energy Managers Association in this regard, with their
project with the market operator Elexon in the UK. This will see the formation of a new
market which will allow batteries to be used as P&L centres to participate in secondary
markets. Energi Mine will be building this platform, with ETK used to access the platform.



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11. FUNDING USAGE
Funds received from the token sale are intended to be used mostly for the development of
our plan outlined in this document. Approximately 62% of the funds will likely be used in the
development of the platforms, with 24% going towards sales and marketing activities. The
remainder will be used for operational and legal costs. Wherever possible, partners and
developers will be paid in ETH.
Development:
The architecture and build of the peer-to-peer platform, along with the reward platform.
This will also include integration with energy supplier systems and our AI modules.
Sales and Marketing:
This will include attracting customers to the platform as well as forming strategic
partnerships with other companies. Funds here will also be used to promote the platform at
industry events.
Operational & Professional:
Costs covered here will include day-to-day costs of running the business, for example
support services and administrative costs. Part of the fund usage will be used in the
acquisition of licenses to operate (where necessary in some jurisdictions) and other legal
costs which may arise.

All costs are estimated, and subject to change without notice



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12. TECHNICAL SPECIFICATIONS
Trading Platform
Easily allow community members to trade Energi Tokens with each other
Automatic generation of Smart Contracts so that customers can submit their
contracts for tender
Suggestions to consumers for changes in consumption patterns from AI Platform
(below)
REST API to enable third party interaction

Incentive multipliers for rewarding non-carbon / carbon friendly energy sources
Energi Mine Administration
o Administration of token
o Smart contract management

Core Features:
Incentives for carbon friendly consumption can be distributed by automation, incentivising
platform use by regulatory authorities, suppliers and consumers. Distribution by Smart
Contract allows global scalability.
Giving the consumers the option of submitting a tender means that energy companies can
directly compete without the need for intermediate energy brokers. The addition of
thresholding will mean that the consumer can set a minimum standard for their contracts,
optionally including non-carbon components.

Integration Platform:
Smart Meter integration at the individual meter level
Automatic data ingestion, deduplication and storage of time series data
SDK Creation for Third party platforms with an emphasis on simple integration and
lots of code examples
Generalized API for IoT devices

Differentiators:
Simple integration is key to mass adoption. Providing code examples and rapid
technical support ensures integrator success by lowering friction
Consolidation of metering data allow for broader analysis by the AI platform
Real world implementations of remote sensors often involve sporadic network
connectivity



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13. TOKENOMICS
Token: Energi Token (ETK)
Token price: 1 Ethereum (ETH) = 30,000 Energi Token (ETK)
Token total supply: 2,307,692,310

The number of tokens will be split as below:


A reserve will be kept which will give Energi Mine the option to allow corporate partners
(e.g. transport authorities, manufacturers, electric vehicle industry) to purchase tokens in
order to put them in to circulation for their reward schemes.
Any unsold tokens will be destroyed with the supply staying broadly within the proportions
in the pie chart above.


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14. ARTIFICIAL INTELLIGENCE
The rapid increase of energy suppliers, energy consumers, intermittent renewable energy
sources, smart meters and IoT will mean an exponential amount of energy usage data will
be produced.
The only practical step to analysing and optimizing this high volume dynamic environment is
to use automation and machine learning. The correct choice of ML technology is Deep
Learning, due to:
Robustness to noise
Capability of modelling complex relationships
Higher performance on large volumes of data
Ability to exploit spatial and temporal hierarchies inherent in the data

Artificial Intelligence Platform Core Components:
Analysis and predictions of anomalies for individual meters
Broader trend analysis of aggregated consumption data
Simulation of Energy Consumption scenarios to predict outcomes when variables
change
Using the above for the optimization of Energy consumption for our strategic goal of
decreasing global energy use

Differentiators:
a) Deep Learning will allow for more accurate time series prediction on noisy individual
meters
b) Programmatic generation of Deep Nets will allow for large horizontal scalability and
global deployment
c) Taking advantage of data locality means Deep Nets can be trained to spot broader
energy trends across large numbers of meters. This has not been possible before due
to data silo-ing and non-standard interfaces
d) Data aggregation/locality will allow for Open Source Intelligence, i.e. integrating
large open source datasets such as weather
e) Using Deep Networks to simulate changes in variables (i.e. GAN Models) to simulate
different Energy Consumption



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15. ARCHITECTURE
Platform Overview

The Energi Mine platform is designed for rapid horizontal scalability. Open protocols at
module boundaries allow for third party smart contract participation, while blockchain
consensus guarantees trust. Continuous Artificial Intelligence optimization allows for
unprecedented and novel energy saving strategies.




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16. PARTNERSHIPS





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17. DEVELOPMENT
Post-token sale, the development will focus on three core areas. The main focus will be
development of the reward platform. This will allow use of the platform to both distribute
reward tokens and integration with various reward schemes (electric vehicles, metering
companies, bike sharing schemes, etc).
Further to this, 2018 will also see the development of a battery trading exchange, which will
allow the aggregation of energy storage devices to be traded to help balance the grid. Energi
Tokens (ETK) will be used as the access currency for the platform. Our p2p trials will also
commence in 2018, where we will be carrying out test trades on a new platform with our
existing clients.
We will also be testing a range of technologies, including launching an MVP with RSK
technology. In 2019, we will start to develop our IoT project, which will look at alternative
technologies and partnerships with regards to finding the right solution for integration of
billions of IoT devices.

























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ROADMAP
The following diagram gives an idea of our schedule of development.


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18. MEDIA





https://www.forbes.com/sites/haroldstark/2017/10/27/brilliant-startups-are-using-icos-to-
revolutionize-the-world-of blockchain/#4090a1a74a79
https://www.forbes.com/sites/rogeraitken/2017/10/22/leveraging-bitcoin-blockchain-for-solar-
power-sun-exchange-scores-1-6m-from-u-s-investors/
http://www.investopedia.com/news/upcoming-icos-worth-your-attention/
http://www.investopedia.com/news/ico-initial-coin-offering/
https://www.thetimes.co.uk/article/citizen-robot-marks-a-world-first-for-saudi-arabia-vjvmmtx3s
http://www.newsbtc.com/2017/10/09/startuptoken-tour-offers-unique-chance-meet-founders-
innovative-blockchain-startups-asia-october/
https://issuu.com/icocrowd/docs/ico_crowd__2_for_issuu
http://www.dailymail.co.uk/sciencetech/artice-4963612/Humans-BANNED-driving-25-
years.html?ITO=1490
https://www.greenenergynews.co.uk/pioneers-energi-mine-set-change-way-energy-traded-
consumed/
http://www.businesscloud.co.uk/news/new-cryptocurrency-rewards-energy-efficiency
http://www.the-blockchain.com/2017/09/27/oldham-based-energi-mine-set-become-first-uk-
business-outside-london-raise-funds-token-sale/
http://www.businesscloud.co.uk/news/energi-mine-appoints-ai-robot-to-management-board
https://www.greenbiz.com/article/8-more-blockchain-experiments-you-should-watch
http://www.manchestereveningnews.co.uk/business/business-news/oldham-entrepreneurs-energi-
mine-trade-13474391



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19. LEGAL DISCLAIMERS
This whitepaper is for information purposes only and may be subject to change. We cannot
guarantee the accuracy of the statements made or conclusions reached in this whitepaper
and we expressly disclaim all representations and warranties (whether express or implied by
statute or otherwise) whatsoever, including but not limited to:
- any representations or warranties relating to merchantability, fitness for a particular
purpose, suitability, title or non-infringement;
-
that the contents of this document are accurate and free from any errors; and
-
that such contents do not infringe any third party rights.

We shall have no liability for losses or damages (whether direct, indirect, consequential or
any other kind of loss or damage) arising out of the use, reference to or reliance on the
contents of this whitepaper, even if advised of the possibility of damages arising.

This whitepaper may contain references to third party data and industry publications. As far
as we are aware, the information reproduced in this whitepaper is accurate and that the
estimates and assumptions contained herein are reasonable. However, we offer no
assurances as to the accuracy or completeness of this data. Although information and data
reproduced in this whitepaper are believed to have been obtained from reliable sources, we
have not independently verified any of the information or data from third party sources
referred to in this whitepaper or ascertained the underlying assumptions relied upon by such
sources.
As of the date of publication of this whitepaper, ETK tokens have no known or intended future
use (other than on Energi Mine Limited's platforms to be developed).
No promises of future performance or value are or will be made with respect to ETK tokens,
including no promise of inherent value, no promise of any payments, and no guarantee that
ETK tokens will hold any particular value. Unless prospective participants fully understand
and accept the nature of Energi Mine Limited's business and the potential risks associated
with the acquisition, storage and transfer of ERC-20 token such as ETK tokens, they should
not participate in the token sale.
ETK tokens are not being structured or sold as securities. ETK tokens hold no rights and confer
no interests in the equity of Energi Mine Limited. ETK tokens are sold with an intended future
use on Energi Mine Limited's platforms and all proceeds received during the token sale may
be spent freely by Energi Mine Limited on the development of its business and the underlying
technological infrastructure.
This whitepaper does not constitute a prospectus or disclosure document and is not an offer
to sell, nor the solicitation of any offer to buy any investment or financial instrument in any
jurisdiction. ETK tokens should not be acquired for speculative or investment purposes with
the expectation of making an investment return.


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No regulatory authority has examined or approved any of the information set out in this
whitepaper. No such action has or will be taken under the laws, regulatory requirements or
rules of any jurisdiction. The publication, distribution or dissemination of this whitepaper
does not imply that applicable laws or regulatory requirements have been complied with.
Participation in the token sale carries substantial risk and may involve special risks that
could lead to a loss of all or a substantial portion of your contribution. Further information
about the risks of participating in the token sale is set out in the Token Sale T&Cs. Please
ensure that you have read, understood and are prepared to accept the risks of participating
in the token sale before sending a contribution to us.
The token sale and/or ETK tokens could be impacted by regulatory action, including potential
restrictions on the ownership, use, or possession of such tokens. Regulators or other
competent authorities may demand that we revise the mechanics of the Token Sale and/or
the functionality of ETK tokens in order to comply with regulatory requirements or other
governmental or business obligations. Nevertheless, we believe we are taking commercially
reasonable steps to ensure that the token sale mechanics and issue of ETK tokens do not
violate applicable laws and regulations.

Caution Regarding Forward-Looking Statements
This whitepaper contains forward-looking statements or information (collectively "forward-
looking statements") that relate to our current expectations of future events. In some cases,
these forward-looking statements can be identified by words or phrases such as "may", "will",
"expect", "anticipate", "aim", "estimate", "intend", "plan", "seek", "believe", "potential",
"continue", "is/are likely to" or the negative of these terms, or other similar expressions
intended to identify forward-looking statements. We have based these forward-looking
statements on current projections about future events and financial trends that we believe
are relevant to our financial condition, results of operations, business strategy, financial
needs, or the results of the token sale.
In addition to statements relating to the matters set out here, this whitepaper contains
forward-looking statements related to Energi Mine Limited's proposed operating model. The
model speaks to our objectives only, and is not a forecast, projection or prediction of future
results of operations.
Forward-looking statements are based on certain assumptions and analysis made by Energi
Mine Limited in light of its experience and perception of historical trends, current conditions
and expected future developments and other factors it believes are appropriate, and are
subject to risks and uncertainties. Although the forward-looking statements contained in this
whitepaper are based upon what we believe are reasonable assumptions, there are risks,
uncertainties, assumptions, and other factors which could cause our actual results,
performances, achievements and/or experiences to differ materially from the expectations
expressed, implied, or perceived in forward-looking statements. Given such risks, prospective

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participants in the token sale should not place undue reliance on these forward-looking
statements.