Rowan Energy - April 2025 - Live AMA
The Spaces primarily tackled the intricacies of blockchain development and tokenomics in relation to Rowan Energy. Discussions pursued the buyback of tokens complicated by market dynamics, and detailed strategies to combat liquidity challenges. Innovatively, Rowan Energy is developing protocols segregated from the Ledger layer, fostering counter operability without impacting the blockchain holistically. A major focus is on carbon certification, which involves cryptographic verification to ensure authenticity and prevent tampering. The advanced infrastructure is poised to offer premium market products. Important partnerships and recent developments were elaborated upon, reflecting a robust growth and strategic direction amidst challenges.
Summary of the AMA Session
Tokenomics and Market Activities
The session began with a discussion about tokenomics. The total token supply has remained unchanged with a circulating supply of approximately 217 million tokens. Other parts are locked in team and VC wallets. There are ongoing investigations into potential market manipulations where buying back tokens is inadvertently serving as liquidity for others to capitalize on.
Blockchain Development
Significant effort is being directed towards developing a new blockchain for Rowan with separate protocols. This is meant to improve interoperability and allow changes on one protocol without affecting the entire blockchain. The three protocols are being designed for biomethane company, third party verification of carbon certificates, and maintaining carbon certificates.
Smart Miners
Details on the development and functionality of smart miners were provided, including cryptographic processes to ensure data integrity in carbon certificate generation. There are ongoing enhancements to make smart miners more resilient, particularly against power cuts and network changes.
Market Making and Liquidity Issues
Discussion centered around current liquidity challenges and the potential effects of increasing buybacks versus enhancing market maker efforts. Margin, a German-based firm, manages Rowan's market making to ensure ethical and efficient trading practices, contrasting recent issues seen with other market makers.
Business and Distribution Strategy
Expansion efforts include securing new distribution partners and bolstering PPA (Power Purchase Agreement) relationships to increase infrastructure. Efforts from the recent Solar and Storage Show were noted, including signing up more PPA partners and acquiring new distributors.
Certification and Compliance
The focus on high-quality, verifiable carbon certificates was emphasized. Challenges in existing standards were noted, and the competitive advantage of Rowan's verifiable and traceable certificates was discussed, highlighting a shift towards higher market prices for premium certificates.
Regulation and Future Prospects
Regulatory advancements and partnerships, particularly in the UK, are ongoing. The aim is to have a robust framework where high-quality certifications are easily auditable and verifiable, signifying an important step for planned real-time auditing capabilities.
General Updates
A comprehensive roadmap and future strategy was also discussed, touching on the potential development outcomes by 2025 and the envisaged future-proofing of Rowan's blockchain and certificate infrastructure.
Final Remarks
The session concluded with an assurance of more structured updates in the future, acknowledging the rapid development pace and complex coordination among various departments and partners. Questions from the community were addressed, with a call for ongoing engagement via the Telegram group.