Arterran Renewables announces GENERcoin for buying bioenergy

In Canada, GENERcoin is a revolutionary offering from Arterran Renewables that will combine stable value together with economic utility that neither debt-backed nor gold-backed currencies offer.  Arterran’s technology converts any waste with suitable cellulose content into a solid biofuel. The result is a renewable and abundant source of energy that produces significantly more energy than industrial wood pellets, with no off gassing, superior combustion characteristics, and lower handling costs. A truly renewable solid biofuel that is a replacement for coal is now a reality thanks to GENERcoin.

GENERcoins will be released through a crowdsale taking place on the Master Protocol on June 11th, 2014. Each participant will actually be pre-purchasing Arterran’s NextGEN Solid Biofuel at the rate of $0.062 USD per coin, equivalent to 10,000 btu calculated at a significant discount (according to current market prices as reported by Argus Media). Each coin holder then has the option of redeeming their coins for the fuel or exchanging or trading them as they see fit.