FAQ

Solar NFTs represent ownership of a specific solar panel within a fully constructed solar farm. The NFT collection is always tied to a unique solar project. Each project varies in size, price, value, and energy output. By acquiring a Solar NFT, you gain legal ownership of a physical solar panel and are entitled to the potential revenue generated from the energy produced by your panel.

Owning a Solar NFT isn’t just a purchase—it’s a powerful step toward a greener future. Each NFT represents a real solar panel, directly supporting renewable energy production while offering potential monthly rewards in $VET from electricity sales. As a bonus, you’ll receive weekly $B3TR airdrops, rewarding your commitment to sustainability and showcasing the impact of regenerative finance. With your Solar NFT, you’re not only helping reduce carbon emissions but also joining a global movement driving clean energy innovation. Make your mark on the future. Own a Solar NFT today and turn sunlight into sustainability and rewards!

When you purchase a Solar NFT from SolarWise, you gain full legal ownership of the solar panel it represents, secured under Swiss law. This real-world ownership is validated by the applicable VAT, confirming that you're acquiring a tangible asset with all associated rights. If desired, you can even have your solar panel shipped to you—though construction and transport costs will apply.

We’re excited to share that our next solar farm in Paraná, Brazil, is fully constructed since January 14th, 2025. The final step is grid connection, managed by COPEL, which may take up to 3 months. Once energy sales begin, the first payout will be made by the end of the month, covering that month’s sales. Electricity contracts with local electricity providers are always signed prior to the NFT sale.

Each solar farm has its own unique Solar NFT collection, directly tied to the specific panels at that location. Collections vary in location, locations currency, price points, energy production estimates, and equipment, reflecting the unique characteristics of each project. These differences ensure that each Solar NFT accurately represents the value and performance of its corresponding solar panel.

Yes, SolarWise deducts 30% of the monthly energy sales revenue to cover essential costs such as insurance, maintenance, taxes, and other operational expenses. This ensures your solar panel remains in optimal condition and continues to generate energy efficiently, while also covering compliance and administrative needs. The remaining revenue, offering up to 10.5% APR at the highest staking tier, is distributed as potential rewards to Solar NFT holders. This amount may vary depending on factors like weather and energy production. Please note, the potential 10.5% APR excludes the B3TR sustainability bonus, which is an additional reward distributed separately to support our eco-conscious mission.

Per guidance from the Swiss Financial Market Supervisory Authority (FINMA) outlined in our No-Action Letter, SolarWise is finalizing its registration with a Swiss Self-Regulatory Organization (SRO) to ensure full compliance with anti-money laundering (AML) regulations. This process is expected to be completed by January 2025, aligning with the sale of the Paraná solar farm. While we are authorized to sell Solar NFTs during this period, we cannot pay out rewards until the SRO registration is finalized. However, you will be able to track your rewards in the DApp as soon as the farm becomes operational. All rewards will be securely accumulated and paid out in full once registration is complete, with regular monthly payouts beginning thereafter. B3TR tokens will start accumulating for NFT holders with the first round following the sale date, ensuring alignment with project milestones. As required by Swiss regulations, SolarWise will undergo annual audits to maintain transparency and compliance. In the unlikely event of a delay exceeding 60 days for reward payouts, please note that no interest will be applied to accumulated rewards, and this aspect is not regulated by FINMA.

The primary potential rewards from the electricity generated by your solar panel will be paid out in $VET monthly. In addition; B3TR tokens are airdropped as part of our sustainability commitment. These airdrops are determined by several factors: the user’s engagement level within the SolarWise ecosystem, the SolarWise ranking on VeBetterDAO, and the number of projects receiving allocations. SolarWise has been officially listed as a DApp on VeBetterDAO since October 23, 2024. B3TR allocations and airdrops began shortly after our first NFT sale and continue on a weekly basis, rewarding NFT holders for their contributions to renewable energy and sustainability.

Yes, you can sell your SolarNFT on our secondary marketplace (peer-to-peer) powered by VeChain at anytime. The sale is secure and transparent through blockchain technology.

To comply with Swiss regulations and AML laws, SolarWise may require Solar NFT holders to complete Know Your Customer (KYC) verification. This is necessary to ensure transparency and prevent illegal activities like money laundering.

Yes, SolarWise is subject to VAT. As Solar NFTs represent the transfer of ownership of real-world assets under Swiss law, we will invoice you separately for the VAT (if applicable), ensuring full compliance and transparency.

At the end of the 20-year period, SolarWise is committed to ensuring that the solar panels are responsibly handled. While specific recycling or repurposing details will be finalized closer to the time, SolarWise will take care of the proper disposal or recycling of the panels in an eco-friendly manner, in line with industry standards and sustainability practices.

SolarWise chose VeChain for its proven track record in sustainability, scalability, and fast, low-cost transactions. VeChain’s focus on transparency and sustainability aligns perfectly with our mission and vision. Remarkably, VeChain’s energy consumption is only 0.04% compared to other blockchains, making it an eco-friendly choice. Additionally, we are proud to have received a grant from the VeChain Foundation, and we’re grateful for their continued support in helping us bring our vision to life.

Our weekly $B3TR distribution is always set at 25% of our weekly VeBetterDAO allocation, which is determined by user votes within the VeBetterDAO ecosystem. As the VeBetterDAO grows and more projects join, the allocation for each project is reduced and varies based on voting outcomes. This dynamic system ensures that allocations are reflective of the community's priorities and the ecosystem's growth. We encourage you to participate in voting on VeBetterDAO to help SolarWise receive strong allocations. Your involvement directly supports our mission and strengthens the rewards for our community.

Yes! The SolarNFT's value will be converted from its USD real value to VeChain, ensuring both the fiat value and potential rewards payout remain constant. This guarantees that holders will always receive the same USD value, regardless of fluctuations in the VeChain market conditions.

Potential Returns are flexible and depend on the solar panel’s energy production, weather, and the staking Tier a user chooses. The percentage of revenue you receive may vary based on how much energy your panel produces each month.

To comply with Swiss regulations and AML laws, SolarWise may require Solar NFT holders to complete Know Your Customer (KYC) verification. This is necessary to ensure transparency and prevent illegal activities like money laundering.

We are pleased to announce that the construction of our solar farm in Paraná, Brazil, was successfully completed on September 20th, 2024. However, the farm is currently awaiting connection to the local electricity grid by COPEL, the regional utility provider. This process is outside of our control and may take up to 2 months in the worst-case scenario. If energy sale start in 2 months, the first payout will be by the end of month 3 for the sales of month 3.

Per guidance from the Swiss Financial Market Supervisory Authority (FINMA) outlined in our No-Action Letter, SolarWise is actively working to complete our registration with a Swiss Self-Regulatory Organization (SRO) to ensure full compliance with anti-money laundering (AML) regulations. This process is already underway and is expected to take up to 3 months. While we are authorized to sell Solar NFTs during this time, we are not permitted to pay out any rewards until our SRO registration is finalized. Even if COPEL connects the solar farm to the grid earlier than expected, we must wait for the SRO registration to be complete before distributing any rewards. However, you’ll be able to track your rewards in the DApp from the moment the farm is operational, with all accumulated rewards stored safely and paid out in full once the SRO registration is completed. Afterward, regular monthly reward payouts will begin. As required by Swiss regulations, SolarWise will undergo annual audits to ensure continued compliance and maintain transparency. Please note, this does not affect B3TR airdrops, which will start for NFT holders end of October, as planned. In the unlikely event that we need to hold rewards for more than 60 days, please note that no interest will be paid on the accumulated rewards, and we are not regulated by FINMA in this regard.

By purchasing a Solar NFT now, you will receive weekly airdrops of $B3TR tokens through VeBetterDAO. For the first two weeks, all NFT holders will receive the same amount of $B3TR until the staking contracts are ready. Since there are only 200 NFTs available in this first collection, the B3TR airdrop can help you see quicker potential returns through additional rewards. As soon as COPEL connects the solar farm to the grid, your $VET rewards will start accumulating immediately. These rewards will be safely stored and fully trackable in your DApp, so you can easily monitor the energy production tied to your NFT.

Yes, SolarWise is subject to VAT. As Solar NFTs represent the transfer of ownership of real-world assets under Swiss law, we will invoice you separately for the VAT (if applicable), ensuring full compliance and transparency.

When you purchase a Solar NFT from SolarWise, you gain full legal ownership of the solar panel it represents, secured under Swiss law. This real-world ownership is validated by the applicable VAT, confirming that you're acquiring a tangible asset with all associated rights. If desired, you can even have your solar panel shipped to you—though construction and transport costs will apply.

Solar NFTs represent ownership of a specific solar panel within a collection tied to a unique solar project. Each project varies in terms of size, price, value, and energy output. By acquiring a Solar NFT, you gain legal ownership of a physical solar panel and are entitled to any potential revenue generated from the sale of the energy produced by the panel.

Yes! The SolarNFT's value will be converted from its USD real value to VeChain, ensuring both the fiat value and potential rewards payout remain constant. This guarantees that holders will always receive the same USD value, regardless of fluctuations in the VeChain market conditions.

Yes, you can sell your SolarNFT on our secondary marketplace (peer-to-peer) powered by VeChain at anytime. The sale is secure and transparent through blockchain technology.

SolarWise chose VeChain for its proven track record in sustainability, scalability, and fast, low-cost transactions. VeChain’s focus on transparency and sustainability aligns perfectly with our mission and vision. Remarkably, VeChain’s energy consumption is only 0.04% compared to other blockchains, making it an eco-friendly choice. Additionally, we are proud to have received a grant from the VeChain Foundation, and we’re grateful for their continued support in helping us bring our vision to life.

To clarify, the primary potential rewards from the electricity generated by your solar panel will be paid out in $VET. In addition, B3TR tokens will be airdropped as part of our commitment to sustainability. These airdrops will be based on two key factors: the user’s level of engagement (staking level) within the SolarWise ecosystem, the SolarWise Ranking on VBD and the CO2 offset by their solar panel. SolarWise will officially be listed as a DApp on VeBetterDAO on October 23, 2024, and we expect to receive our first allocation of sustainable B3TR tokens that week. This means B3TR allocations and airdrops to NFT holders will begin in the first week following our NFT sale.

The testnet was a crucial step in helping us fine-tune the features we’ll have on the mainnet and ensure everything runs smoothly by identifying and fixing any bugs. Now that we’ve moved to the mainnet, testnet claims stoped before the first sale, but your efforts won’t go unrewarded! All XP earned on the testnet was recorded, and based on how much you’ve claimed, you’ll receive an exclusive $SUN token airdrop after our ICO. This is our way of thanking you for your support in helping us build a better platform!

The sales price of each Solar NFT is USD 387.2, which includes a 10% markup. This markup helps cover SolarWise’s operational costs, but it does not affect the potential rewards from your Solar NFT. When calculating potential returns, it's important to note that the Annual Percentage Rate (APR) is based on the price excluding the 10% markup. For example, while you pay USD 387.2 for a Solar NFT, the potential earnings are calculated based on the price without the 10 % markup. In short, the 10% markup is for operational costs, and your potential returns are only based on the farm's actual performance and not the marked-up price.

At the end of the 20-year period, SolarWise is committed to ensuring that the solar panels are responsibly handled. While specific recycling or repurposing details will be finalized closer to the time, SolarWise will take care of the proper disposal or recycling of the panels in an eco-friendly manner, in line with industry standards and sustainability practices.