Frequently Asked Questions

GRNBi

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Who is Blockchain Energy Group (GRNBi)?

GRNBi brokers, manages, and creates multipurpose digital campuses. These campuses are built and powered with renewable (energy) solutions such as wind, solar and hydra.

GRNBi provides turnkey opportunities for cliental looking for data hosting, clean mining and other WEB3 related services.

What is the Mission of GRNBi?

GRNBi’s philosophy is summarized as:

  • Providing value
  • Creating sustainable profit
  • Giving back to the community and the planet.

GRNBi protocol and philosophy is to protect the future of blockchain, crypto and mining against regulation changes, environmental impact, and economic climate.

Is BEG the only validator of the GRID?

No. GRNBiand its partners will kickstart the GRN Grid movement running GRID nodes. By design of the PoS2 consensus, it is impossible for one party to have sole control over the GRID.

Read more about the PoS2 and its implications on our greenpaper. Community members are free to become a validator. Validators can follow the greenpaper instructions to become a GRID validator.

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GRN association

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What is the GRN Association?

The GRN Association is an initiative of GRNbi B.V. to ensure the sustainability of blockchain technologies.

The GRN Association will lead the GRN token and GRN GRID to the forefront of the transition to Web3.0. It will also be responsible to keep the decentralized nature of the blockchain intact.

The GRN Association is responsible to manage the delegate program and recycling program, and the funds transactions.

When does BEG handover the GRN Project to the GRN Association?

GRNbi B.V. hands over intellectual properties related to the project to the GRN Association before the public listing of GRN as CEX or DEX.

GRNbi B.V. will also manage the transactions of funds for the delegate program to the association.

How are the charity funds allocated?

Charity funds will not be allocated for two years (estimated early 2024). This is to make sure the GRN Association has a time to carefully examine how to implement the allocation of the funds and how to keep this decentralized.

The GRN Association is especially keen on introducing a voting system based on holding $G. We will institute a suggestion and feedback process accordingly.

How does the Association secure the decentralization of the blockchain?

The consensus method of GRID is designed to actively promote decentralization by progressive APY for validators, and security pools.

For detailed explanation of the PoS2, please refer to the greenpaper

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GRN

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What is the Native token of GRN Grid?

GRN is the native token of Grid. GRN is pronounced as “Green”.

What is the Ticker of GRN?

$G

On what network is GRN?

GRN is initially launched on the ERC20 Network and will be bridged to the Grid. GRN remains crosschain.

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Where is GRN used for?
You can stake $G to validate GRN nodes, receive staking rewards and pay for transaction fees on the GRID. GRN is also used to decide community voting power for GRID related projects

GRN Early Birds sale is on Knaken (Dutch licensed crypto broker) starting 18-01-2022. Early Bird supply is limited.

How can I Buy GRN?

Please use Knakens detailed support website for buying GRN tokens: https://support.knaken.eu/

When will the GRN token be listed on an Exchange (DEX / CEX)?

The GRN Association aims for a CEX listing in Q3 of 2022

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What is the Native token of GRN Grid?

GRN is the native token of Grid. GRN is pronounced as “Green”.

What is the Ticker of GRN?

$G

On what network is GRN?

GRN is initially launched on the ERC20 Network and will be bridged to the Grid. GRN remains crosschain.

Where is GRN used for?
You can stake $G to validate GRN nodes, receive staking rewards and pay for transaction fees on the GRID. GRN is also used to decide community voting power for GRID related projects

GRN Early Birds sale is on Knaken (Dutch licensed crypto broker) starting 18-01-2022. Early Bird supply is limited.

How can I Buy GRN?

Please use Knakens detailed support website for buying GRN tokens: https://support.knaken.eu/support

When will the GRN token be listed on an Exchange (DEX / CEX)?

The GRN Foundation aims GRN’s first listing on Kraken in Q2 of 2022.

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GRN Tech TEAM

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Who is the GRN Tech Team and/or who is developing the GRN GRID?
The GRN Tech Team is dedicated to develop the GRN GRID, and support the technical growth of the GRN environment by providing open source DApps build on top of GRID.

GRN Tech Team is supported by partners such as Barrage and Bentaus.

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STAKING

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When and how can I stake GRN?

GRN staking is available on the GRID, scheduled to be released according to the roadmap found at www.grngrid.com.

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