FAQ
Last modified date: March 26th, 2025
Welcome to the SolarWise Own The Sun AG FAQ section! Here, you'll find detailed answers to common questions about our SolarNFT platform, ownership opportunities, potential reward systems, and how to get involved with our solar energy initiatives. Currently, this FAQ focuses on our Web3 offerings, specifically covering our SolarNFTs.
SolarWise Own The Sun AG is a proud partner of VeChain and VeBetterDAO. We were honored to receive a grant from VeChain Foundation , supporting our mission to create accessible, sustainable energy solutions. Our Solar NFTs are connected with the VeBetterDAO, allowing us to reach a broader community of eco-conscious supporters. By tokenizing solar panels as NFTs, we bridge the gap between the digital and physical realms, offering real-world assets that generate both sustainable energy and potential tangible rewards.
If you have further questions, please contact us at info@solarwise.vet. We’re here to help you own a piece of the sun and join the renewable energy movement!
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What are Solar NFTs?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.
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Why Should I Buy the Solar NFT ?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 under 🇨🇭 swiss law, 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!
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Who owns the solar panelWhen 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.
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When Will the Solar Farm Be Operational?Once construction is complete, connecting to the grid—managed by COPEL—typically takes around 3 months. This is a standard timeline and depends on the local utility, not us. As always, electricity contracts are signed before the NFT sale, and once energy sales begin, the first payout is made by the end of that month / beginning of the following month.
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What is a Sun Ticket?A Sun Ticket is like a concert ticket—it gives you early access to a one-time event, in this case, the exclusive 24-hour whitelist sale for SolarWise Solar Panel NFTs. It does not represent ownership of a solar panel, is not a down payment, and is not an investment. It's simply your reservation pass to secure the right to purchase one NFT before the public. Each Sun Ticket costs $75, payable in $B3TR, $VET, $VTHO, or $USDGLO through our DApp. Tickets are released in 4 stages, and each ticket allows you to buy 1 Solar Panel NFT during the early access sale. If you don’t use your ticket within the 24-hour window, the NFT becomes available to the public—and your ticket expires. 🎟️ Just like a concert ticket, you can resell your Sun Ticket on marketplaces like MaaS—but only before the whitelist sale opens. 🛑 Reminder: A Sun Ticket is not the NFT itself. It only gives you the option to buy one during the whitelist phase.
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Why are Solar NFT prices different between collections?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.
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Are there maintenance fees for the Solar Panels?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 potential revenue, offering up to 10.5% APR (depending on the Farm) at the highest staking tier, is distributed as potential rewards to Solar NFT holders. This amount may vary depending on factors like farms, 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.
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When Will Rewards Be Paid Out?Per guidance from the Swiss Financial Market Supervisory Authority (FINMA) outlined in our No-Action Letter, SolarWise has finalized its registration with a Swiss Self-Regulatory Organization (SRO) to ensure full compliance with anti-money laundering (AML) regulations. Electricity Rewards will begin accumulating in your DApp dashboard as soon as the solar farm becomes operational—following grid connection, which typically takes approximately 3 months. 🔁 B3TR sustainability tokens start accumulating the week after the NFT sale, aligning with project milestones and long-term holder value. All accumulated rewards will be paid out in full, with monthly payouts beginning after the farm is live and generating electricity. As required by Swiss regulations, SolarWise undergoes annual audits to maintain transparency and compliance. As required by Swiss regulations, SolarWise will undergo annual audits to maintain transparency and compliance. In the 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.
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When and how will $B3TR be rewarded?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, VeBetterDAO itself, 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.
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Can I sell my SolarNFT?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.
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Do I Need to Complete KYC Before Receiving $VET Rewards?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.
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Are Real-World Assets (Solar NFTs) Subject to VAT?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.
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What Happens to the Solar Panels After 20 Years?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.
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Why did SolarWise choose VeChain?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.
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Why does the weekly $B3TR bonus amount change?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. VeBetterDAO weekly allocations will change with a growing Ecosystem.
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Is it possible to purchase SolarNFTs using VeChain?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.
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Are potential returns fixed or flexible?Potential Returns are flexible and depend on the solar panel’s energy production, weather, location, and the staking Tier a user chooses, etc. The percentage of revenue you receive may vary based on how much energy your panel produces each month.
*Updates are still being made*
All investments carry risks, and SolarWise OTS is not responsible for changes in tokenomics, project structure, or market conditions that may impact the value or performance of NFTs. Products and services may be subject to change and may not be available in all jurisdictions.