Page 8 - Teslacoin Review - Harnessing Energy

Teslacoin Platform, TES, and Staking

Teslacoin is developing the

world’s first platform for the

funding, incubation, and release

of new technologies in the

energy field called TeslaStarter.

By creating a means by which

inventors working in applied energy fields can have the freedom and resources to

explore their ideas, the Teslacoin team hope to avoid the difficulties which plagued

Nikola Tesla, the brilliant inventor who was poorly funded and dogged by financial

woes.

Had Tesla enjoyed the patronage of support of some of his less talented peers,

there is every likelihood he would have achieved even only a fraction of his ideas,

many of which were world changing renewable solar energy solutions that were

only revisited and applied recently. The Teslacoin whitepaper clearly outlines the

necessity of their platform based on the following premise:

We come then to the following conclusion: When cultural advance has been

arrested, it can be renewed only by tapping some new source of energy and by

harnessing it in sufficient magnitude to burst asunder the social system which

binds it.

TeslaStarter will operate in three phases. The first phase focuses on the funding of

inventors ideas and concepts. Once those ideas and concepts have been properly