The World's 1st Blockchain Integrated Geothermal Energy Company

Eden GeoPower Inc. works with existing geothermal operators to develop off-grid renewable energy infrastructure for emerging blockchain and hydrogen production technologies.

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$20,833.50 / $1,070,000


Energy Intensive Mining Operations

Cryptocurrency mining operations consume enough electricity to power 4,927,360 U.S. households. This is more than Israel, Greece, and Algeria's annual power consumption.

Capital intensive Renewable Energy

Although geothermal energy is one of the cheapest forms of renewable energy, the high initial capital costs of a geothermal project has inhibited innovations in this sector.

Off-Grid Geothermal Resources

There are more than 10 GWs of untapped geothermal resources across the globe that can potentially produce electricity at an LCOE below 5 cents / kWh. However, finding an energy off taker for these resources is difficult.


Our solution is to utilize exisiting geothermal infrastructure to produce cheap (< 5¢/kWh) renewable geothermal energy. This energy will be consumed off-grid to power cryptocurrency mining and future H2 production operations.

We are currently working with partner geothermal and oil & gas companies to develop technologies for transforming abandoned wells into sources of cheap, renewable, geothermal energy. This is supported by 3 provisional patents, as well as a R&D grant from The U.S. - National Science Foundation.

Many abandoned wells are drilled into very hot reservoirs, with the potential to generate MW's of cheap, renewable, geothermal energy. The consitency of geothermal energy creates a unique opportunity to satisfy the energy demands of emerging technologies, which require a stable source of electricity, while also providing the flexibility to operate remotely.

Our system involves a single well acting as an injector and producer at the same location, eliminating a need for the conventional two well system (injector and producer). Hot brine is pulled from deep within the reservoir and interacts with a second working fluid with a much lower boiling point in a downhole heat exchanger (DHE). As the working fluid changes phase, it passes through a turbine-generator assembly placed in the well, generating electricity on it’s way to the surface.

Each project that we develop will be owned, financed, and distributed to a decentralized network of investors. Revenue generated at each power plant will be paid through a security token to a decentralized group of individuals who funded the construction of each facility. This is an opportunity to fight climate change, while increasing one’s assets.



25 February 2019

Day 1 to 10

20% Discount




7 March 2019

Day 11 to 20

15% Discount




17 March 2019

Day 21 to 30

10% Discount



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Reg CF Fundraiser

starts on 25 Feb 2019


Crowdfunding start

25 Feb 2019

Crowdfunding end

27 May 2019

Campaign duration

90 days


30% Consultation

20% Salaries, Rent, and Operations

30% Facility Retrofit and Capital Investment

20% Fulfilling the Needs of future project funding


Q1 2017

MIT Clean Energy Prize finalist

Q2 2017

Company Incorporation

Q1 2018

Angel Investment

Q2 2018

Provisional Patent Filed

Q3 2018

National Science Foundation - Small Business Innovation Research (NSF-SBIR) phase 1

Q1 2019

Online Public Offering launch (Start Engine)

Q2 2019

Secure project partner

Q2 2019

Crowdfunding Campaign: Raising funds for power plants

Q3 2019

Front End Engineering Design

Q3 2020

Power plant construction starts

Q3 2022

Power plant startup and commissioning

Q4 2023

Hydrogen production from Eden GeoPower plant


Blockchain and Geothermal power integration on a security token designed and distributed by Eden GeoPower


A Special Purpose Vehicle (SPV) is a legal entity that allows a parent company to isolate financial risk. Our security token is the digital issuance of an ‘SPV’ for the decentralization of individual power plant assets.

Decentralized Power Plants

Individual power plants will be featured on our platforms for funding. This infrastructure will be owned by token holders and designed specifically with blockchain energy needs in mind.


The SPV token will be distributed at a discounted price to assist with financing the development of each power plant. Holders of the token will have ownership and decisionmaking rights for each vehicle.

Profit Sharing

Revenue generated at each power plant will be distributed to the decentralized network of investors who funded the project. Relative to their share of each project and terms of the SPV, investors will be subject to dividened payments on a quarterly basis.


The security tokens are expected to be tradable on alternative token exchanges immediately after they are issued. The trading market will be subject to both inflation and deflation and influenced by renewable energy policies, mining profitability, and other project economic drivers.

Vertical Integration

Emerging technologies that will require high amounts of renewable energy will eventually be integrated into each token financed power facility. This will include hydrogen production via electrolysis, blockchain “proof-of-work” verifications, and hosting off-grid data servers.


Paris is a MIT PhD in Geophysics and a current United States - National Science Foundation Graduate Fellow, a program which recognizes and supports outstanding graduate students in science, technology, engineering, and mathematics. He is a volunteer at the Annual MIT Business of Blockchain Event, a thought leader in the Harvard and MIT start-up community, and an active voice in developing blockchain solutions for fighting global climate change.

Paris Smalls

Founder, CEO, & Chairman of the Board

Ammar Alali, Ph.D. Student at MIT. He has over seven years of experience with Saudi Aramco, the largest integrated energy company, in different departments. He also has experience with Schlumberger and CGG for less than a year. He co-founded Alali Holidings back in 2017. He had won several awards and achievements through out his career academically and out of the industry.

Ammar Alali

Co-founder & Board Member

Mehrdad is currently the principal investigator of a National Science Foundation Small Business Innovation Research project to design, prototype, and test an electrical pulsed technique for reservoir stimulation and production enhancement. He also works to commercialize the technique through NSF I-CORP program. He holds a PhD in Mechanical Engineering from UCF, where he developed high resolution thermal characterization method.

Mehrdad Mehrvand

R&D Project Engineer, Principal Investigator

Fatou holds a Bachelor of Science in electrical engineer from Suffolk university. She is experienced in high voltage and power electronic devices including transformers, switches, programmable power supplies, and their controllers. She has three years of experience performing Electromagnetic compatibility tests of electrical and electronic devices.

Fatou Faye

Electrical Power Engineer

Thomas attended Tuskegee University where he majored in mechanical engineering. After graduation, he went to work with Chevron in Houston, TX. During his tenure here, he worked as a Drill Site Manager, oversaw drilling and completions operations, wrote standard operating procedures, mentored field engineers, and saved multiple assets through successful well kill operations. Thomas currently is at the MIT Sloan School of Management where he is pursuing his MBA.

Thomas Wilder

Business Strategy Manager

Fermin has 4 years of field experience working as a Wireline Engineer at Schlumberger, where he led operations in Venezuela, Argentina and Trinidad. He received his MBA title specialized in Project Management from Hult International Business School in 2017 where he formed part of the winning team of a consulting project for Siemens about the “future of energy”.

Fermin Carrillo

Project Manager

Abhijith holds MS in Computer Engineering from University of Maryland at College Park. He worked as an analyst for British Telecom prior to his masters; he has been a blockchain developer for the last one and a half years; building prototype for decentralized token exchange with atomic swap and designing – researching tokens according to the new standards.

Abhijith Rajeev

Blockchain Developer

Krapali holds Masters of Science in Information Systems at Northeastern University, Boston. She holds expertise in computational algorithms , software development and latest web design technology. She has more than two years of experience of working in Software Development and Design for Fortune 500 MNCs and possesses IBM blockchain certification.

Krapali Rai

Full-Stack Software Developer

Jessica holds a Masters in Strategic Public Relations from the University of Sydney, New South Wales. She has more than four years of experience working in the Marketing and Public Relations industries for Fortune 500 companies and startups in New York City, Boston and San Francisco. Her main focuses are strategic messaging, media relations and digital marketing

Jessica Cid

Business Consultant


Maureen is Partner at Good Growth Capital VC Fund for early stage tech companies. Maureen was Co-founder and COO of Ignition Ventures, launching start-ups, working as Acting CFO and COO for several technology startups such as SiOnyx, Zoragen, Ember, and Lilliputian Systems. Maureen holds a PhD, MS, and MBA from MIT, and a BS Civil Engineering from Carnegie Mellon.

Maureen Boyce

COO & Co-founder of Ignition Ventures

Aaron is an entrepreneur and engineer who has co-founded and been involved in raising capital from leading institutions for several companies at the nexus of energy and water, including AltaRock, WaterFX, Oasys, Coskata and GreatPoint. Through his leadership, this portfolio of companies is advancing new products in fields such as solar desalination, industrial water treatment, enhanced geothermal energy, coal gasification and alternative chemicals.

Aaron Mandell

CEO & Co-founder Altarock Energy

Troy is the U.S director of Off-Grid Box, a clean technology providing affordable clean water and renewable energy in remote areas. He has 5 years of experience helping over 13 startups develop effective branding, build strategic partnerships, find funding, and grow effective teams. He has a degree in International Management from a Swiss and U.S. accredited university.

Troy Billett

US Director - OffGridBox


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Below you'll find answers to the questions we get asked the most. If you have any other questions, please get in touch using the contact form below.

What is geothermal energy?

-geo is of Greek origin and pertains to matters ‘relating to the earth’, while -thermal is of Greek-French origin and is related to ‘heat’. Geothermal energy is heat that is produced at the Earth’s core, which is estimated to have the same temperature as the surface of the Sun. Geothermal energy is naturally displayed on surface as volcanoes, hot springs, fumaroles, and geysers.

How is Geothermal Power generated?

The conventional method of Geothermal Power generation is to tap into natural geothermal reservoirs which contain hot water/steam, pathways for fluid to flow within the rock, and an impermeable cap rock that prevents these fluids from flowing naturally to the surface. Once a reservoir is drilled, hot water/steam is flown to the surface through the wellbore, then the steam turns the blades of a turbine coupled with an electric generator at the surface, generating renewable electricity.

Is Geothermal Power cheaper than solar and wind?

Geothermal Power is usually cheaper than Solar and competitive with Wind due to the fact that the energy source (earth’s core) is active 24/7 at a constant rate. According to numbers from the Energy Information Agency, Geothermal energy’s Levelized Cost of Electricity (LCOE) is 4 cents/kWh while Solar PV is 4.6 cents/kWh and Wind is 3.7 cents/kWh. However, as Solar PV and Wind are intermittent sources, they need to be combined with storage systems, which drastically increases the costs of these projects.

What is bitcoin mining?

Bitcoin mining is the process of verifying and validating transactions between bitcoin users in a trustful manner. This process requires computational power in order to maintain the database of transactions by solving computational puzzles. In turn, it requires electricity and hardware to solve these computational problems. Additionally, in return for the computational power put into the systems (costs of acquiring the hardware and electricity costs), miners are rewarded with newly generated bitcoins and transaction fees as part of the process.

Why does bitcoin mining need energy?

Bitcoin mining requires energy to solve computational problems or puzzles created by the system. The network is calibrated to increase or decrease the difficulty of the puzzles so that every 10 minutes or so, a miner solves a puzzle and therefore is rewarded with bitcoins. As more people or miners join the bitcoin network, the difficulty is increased to maintain the same amount of time (10 minutes) to solve the puzzle, requiring more computational power, and therefore more electricity for each bitcoin produced. Currently, Bitcoin mining consumes more energy than the entire country of Ireland.

Why is Geothermal Power better for bitcoin mining than Solar and Wind?

Bitcoin mining is a 24/7 process that requires a constant source of electricity. In this sense, building renewable solar and wind power plants for Bitcoin mining is un-economical due to the intermittent source of electricity. To provide the 24/7 power needs of a Bitcoin miner, these technologies would require the installation of expensive storage units (image battery is the size of your house) to provide the required constant supply of electricity. Geothermal is unique because:

1. Geothermal Power is renewable.

2. Geothermal Power is usually cheaper than Solar and Wind (< 5 cents/kWh).

3. Geothermal Power is true baseload (can provide energy 24/7 without requiring energy storage).

What is your business model?

Each power plant will be created under the digital issuance of a Special Purpose Vehicle (SPV). This legal entity will allow for the isolation of assets from the parent company (Eden GeoPower), essentially decentralizing each power plant to be its own unique project. The only functionality of each project would be to maximize revenue, then pay dividends to shareholders of the project based off equity ownership. Eden GeoPower will retain a small percentage of equity from each power plant, and generate revenue as a SPV token holder.

How does this make money?

The main source of revenue will come from the Bitcoin mining process. Bitcoin mining is unique because it allows for revenue to be generated at any location that contains cheap electricity. We will develop the renewable energy infrastructure off-grid (far away from communities), mine bitcoin, then pay token holders the bitcoin we mine. The renewable energy infrastructure we develop will last 30+ years and will later be used to produce hydrogen for clean fuel cells in the future. Moreover, the creation of these renewable energy projects will occur additional revenue from the generation of carbon offsets and renewable energy credits that will help improve the economics of the project.

What is Regulation Crowdfunding?

Regulation Crowdfunding is a financing method that allows companies to raise a maximum aggregate amount of $1,070,000 through SEC-registered crowdfunding platforms.

Is this a Token Sale?

This is not a token sale. We are currently raising capital with a traditional equity offering in our company using the StartEngine crowdfunding platform. We plan to use part of this capital to prepare for a larger equity offering raise Q2 2019. These funds will be used to prepare our future security token offering for the development of off-grid geothermal power infrastructure.

What do I receive for my investment?

The investors will receive Common Stock in Eden GeoPower.

What is the maximum amount I can invest?

The minimum investment amount per investor is $139.75. The maximum investment amount per investor is $107,000.

Can I invest in cryptocurrency?

Yes, investment can be done in cryptocurrency. We currently accept four forms of payment: Automated Clearing House (ACH), Bitcoin (BTC), Credit Cards and Wire Transfer.

Do you accept international investments?

Yes, we do accept international investment. Any registered user on Start Engine platform can invest in our campaign. You can register as a user on the StartEngine platform here:
Start Engine Platform

How long does it take to invest?

It only takes few minutes to invest, but the processing takes a longer time depending on the method of investment. ACH investments can take up to 3-4 business days for them to reach a company’s escrow account, and 10 days to clear once received. BTC investments takes approximately 5 days for the BTC to be converted to USD. Credit Card transactions usually takes a few days after capture. Wire transfers are completed outside StartEngine platform, the complete process takes up to 14 days to complete.

Can I simply donate if I don’t feel like going through the investment process?

Donate $25 and receive a free Eden GeoPower t-shirt!
(link to t-shirts here)

Donate $50 and receive a free Eden GeoPower hoodie!
(link to hoodie here)

Donate $100 and join our Gold Member’s club! Gold Members will be eligible to receive exclusive promotional deals on future offerings.

Donations will be accepted to the following Crypto wallets:

BTC wallet address: 3LqQtXUJtbzc7xqdJnyaCEZYV5rQriVA6x

Ethereum wallet address: 0x23014Ee0BeDeDee5F38030469C6070e443a2373c

Litecoin wallet address: MXAieqhPtHwoowUYtVijqtZkVTtAbu3c7A

PayPal donation link: PayPal Contribute

100% of the funds donated will be used to fund R&D efforts (laboratory equipment, prototyping space, etc…) to further develop renewable geothermal energy technologies.

To receive your items, please fill out and submit your name, email address, item, color and public key for confirmation using the ‘Write Message’ form below. You can also email us at

Can you explain your Security Token model in simple terms?

Our security token will allow people to maintain partial ownership of a power plant. Individuals will be paid in relation to how much of the power facility they own. The token can be liquidated at any time by trading on an alternative token exchange.

What do you mean by a “Decentralized” Power Plant?

Energy infrastructure is currently owned by large corporations and governmental entities. We plan on introducing a new set of investors into the renewable energy sector by ‘backing Bitcoin by power plants’’. We will utilize the high energy demands of “proof-of-work” to develop large MW-scale renewable energy power plants, and will support Satoshi’s Vision by giving ownership of each power plant to the decentralized cryptocurrency community.

Will I really have ownership of these power plants?

Yes. You will literally own a percentage of each power plant.

How do I make money from these security tokens?

Each token will be initially offered at a discounted price. We will follow current SEC regulations to properly issue these tokens as securities, and have the tokens listed on alternative token exchanges. These tokens can 1.) be sold on exchanges after purchase or 2.) held on to and allowed to return dividends as the power plant generates revenue.

Here is a simplified example: Bob own’s 10% of a power plant that he purchased for $200,000 at a $2 million evaluation. The powerplant generates $1,000,000 in profit annually, and Bob is paid $25,000 quarterly for his 10% ownership. After 5-years, the power plant has increased to a $4 million evaluation due to governmental tax cuts and carbon-credits for renewable energy. Bob decides this is a good time to liquidate his equity in the power plant, and sells his 10% ownership for $400,000 on an alternative token exchange. He was also paid $500,000 over the course of the 5-years as dividends from his ownership, giving him a 4.5x return on his investment.

When can I start trading my security tokens?

We anticipate that the tokens will be tradable immediately after purchase, although we encourage participants to hold onto their tokens as long as possible to maximize their investment.

What happens if mining bitcoin becomes un-economical?

The unique thing about our token model is that you are not holding a cryptocurrency, but rather you are owning an asset. By ‘backing Bitcoin by power plants’ the investors should be relatively resistant to Bitcoin price fluctuations. If the entire cryptocurrency mining industry fails, each vehicle can be easily utilized to provide renewable energy for other purposes. This ranges from producing hydrogen fuel (one of the fastest growing markets), to hosting off-grid data centers. The holder of the token is paid by the performance of the power plant, not necessarily by the price of Bitcoin.

Will the security token / power plants be influenced by climate change?

Yes, we actually expect that the impact of climate change will increase the value of each renewable energy power plant. Governmental entities across the globe are becoming more aware of the impact climate change will have from an economical and societal perspective. Due to this, measures are currently be taken by governmental entities to increase investments in renewable energy infrastructure.

We are presenting one of the first opportunities to get rid of the negative stigma surrounding Bitcoin’s energy usage. If we are successful, we would have used Bitcoin’s high energy consuming “proof-of-work” algorithms as an opportunity to actually fight climate change. Our strategy is to:

1. Incentivize people to fund the powerplant for a large MW-scale cryptocurrency mining operation.

2. Utilize the generated revenue to accelerate the pay-back period for each power plant.

3. Transform the power plant into a hydrogen producing facility to provide clean fuel for the future.


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