STOCK TITAN

Green Stream Holdings, Inc., Plans Fractional Solar Energy Ownership Platform Using Blockchain Technology

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Green Stream Holdings Inc. (OTC PINK: GSFI) announced a new program to tokenize solar panels, enabling access to their Green Rain platform exclusively for holders of GREEN tokens. This initiative aims to lower entry barriers in the clean energy market by facilitating investment in solar energy assets. The project targets urban gardening and aims to enhance participation in solar projects through a blockchain-based marketplace. CEO James DiPrima highlighted the anticipated advantages, including security and transparency from smart contracts and the potential for returns from solar investments.

Positive
  • Launch of a program to tokenize solar panels, improving accessibility in the clean energy sector.
  • Development of the Green Rain platform, allowing token holders to engage in solar investments.
  • Focus on urban gardening and innovative use of shipping containers as greenhouses.
  • Potential for returns from tokenized solar projects, including rental income and property appreciation.
Negative
  • None.

Planned GREEN tokens to be generated on the Ethereum blockchain. Only those holding a GREEN token will be granted access to the Green Rain platform. Fiat and other cryptocurrencies will not

New York, NY, July 20, 2021 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK: GSFI) (the “Company") (https://greensolarutility.com), has developed a program to offer a portfolio of tokenized solar panels, combined with a user-friendly, blockchain-based platform for facilitating both long and short term participation. The Company is an emerging leader in the solar utility and finance space. Projects include the rapidly growing urban gardening sector with solar greenhouses dedicated primarily to rooftop farming, and remediation and conversion of old shipping/cargo containers into inexpensive greenhouses for urban and inner-city neighborhoods, and Host Sites for its Community Solar Program.

CEO James DiPrima stated,  “Our new business model seeks to capitalize on the increasing local and international investment movement in the clean energy market. We intend to make purchasing solar energy assets more accessible by decreasing traditional barriers to entry through the tokenization of solar panels and creating a marketplace on our platform that allows coin buyers to stake their tokens on various solar arrays. We will provide the expertise, insight, tools, and services necessary for our participants to make value-add, informed decisions throughout the lifetime of their participation. Our array of services will include inspecting and gaining valuations of properties and providing stock market type indicators on tokenized solar panels,  to completing the transaction by ensuring security and transparency through the blockchain engine using smart contracts and putting in place the correct legal documentation and framework in case of multiple owners.”

He further stated, “We anticipate the Green Rain portal will become a one-stop solution for many global or local solar panel transactions from a laptop or smartphone. Through our initial token offering, we will aim to launch this ambitious project through the acquisition and tokenization of our first solar panel properties. We expect that token holders to be able to utilize their tokens on our platform to participate in exciting solar projects that they may not otherwise have access to individually. We all may benefit from returns from rents, price appreciation, and profits generated from the sale of properties.”

He concluded, “The GREEN tokens are planned to be generated on the Ethereum blockchain. Only those holding a GREEN token will be granted access to the Green Rain platform. Fiat and other cryptocurrencies will not  be allowed to be used on the Green Rain platform.”

For more information, go to developing efforts: https://greensolarutility.com.

About Green Stream Finance, Inc.

Green Stream Finance, Inc., a solar utility and finance company with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.

About Chuck’s Vintage:

Chuck’s Vintage provides its clients an all access pass to historical fashion. Accessories, garments and complete ensembles from a bygone era, lest we forget its beauty. It seems only fitting that Chuck’s Vintage would open its doors during a pandemic that is most closely associated with the plague that befell Los Angeles in 1924. In these times of uncertainty, and ever-changing business regulations and restrictions, Chuck’s Vintage is doing its best to provide clients with a white glove experience.

Established in 2006, Chuck's Vintage is a store unlike any other; a true American original. The moment you step over the threshold at 16618 Marquez Ave, Pacific Palisades 90272, you find yourself amid abundant treasure. The selection of vintage denim has to be seen to be believed. The blue jeans in her store range from Strongholds found in the California Gold Rush mines to World War II-Era Levi's, Lees, and Wranglers, as well as 1960's ladies high-waisted and groovy deadstock Levi's bells. Come to Chuck's for the denim, but stick around and complete your look with the founder's sampling of vintage American workwear: rugged military and work boots, buttery leather bomber jackets, and soft, perfectly worn-in vintage 70's rock tees. Classic American Cool.

Chuck's Vintage was founded by GSFI former CEO Madeline Cammarata (fka Madeline Harmon), who hailed from an illustrious background in fashion. Her career began as a fashion model, where she was soon discovered by the iconic and provocative fashion photographer Helmet Newton, launching Cammarata to the runways of Europe. Returning to the US, Madeline found a powerful niche in the high fashion world of denim, where she was instrumental in providing fabric development for powerful brands like 7 For All Mankind and provided thousands of pieces to celebrity and business elites from Steve Jobs to Morrisey and everywhere in between.

Forward-Looking Statements:

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise. 

All Inquiries Contact:

+1 (424) 280-4096
president@greenstreamfinance.com

SOURCE: Green Stream Holdings Inc.

Websites: https://chucksvintage.com/ and https://greensolarutility.com

Instagram: chucksvintageoriginal

Phone number: (646) 669-7007


FAQ

What is the new initiative by Green Stream Holdings (GSFI)?

Green Stream Holdings (GSFI) announced a program to tokenize solar panels, allowing access to their Green Rain platform only for holders of GREEN tokens.

How will the Green Rain platform operate for token holders?

The Green Rain platform will enable token holders to stake their tokens on solar arrays and participate in solar projects that they may not have access to individually.

When was the Green Stream Holdings press release issued?

The press release by Green Stream Holdings was issued on July 20, 2021.

What will the GREEN tokens be used for in the Green Rain platform?

GREEN tokens will be required for access to the Green Rain platform and will not accept fiat or other cryptocurrencies.

What market segments is Green Stream Holdings targeting?

Green Stream Holdings is targeting the rapidly growing urban gardening sector and the commercial solar energy markets.

GREEN STREAM HOLDINGS

OTC:GSFI

GSFI Rankings

GSFI Latest News

GSFI Stock Data

654.18k
6.51B
0.56%
Utilities - Renewable
Utilities
Link
United States of America
Sheridan