Focused on creating a new asset for decentralized artificial intelligence and energy infrastructure, MyBit is a platform using blockchain technology and Ethereum smart contracts. The idea behind this project is to battle the strong centralization in the industrial field of renewable energy sources and to make the processes more transparent and accessible to the general public.This new-age system allows users to facilitate installation of solar panels or other forms of renewable energy, while investors and landowners can crowdfund the energy grid without any risk for the investment. The namesake token is used throughout the platform for transactions, and a network fee of 1% is applicable. The fee is distributed among users, based on the percent stake of their assets. The app is more oriented towards businesses that are willing to invest, and the real value will come from the speculative nature of the token in the exchanges. It is unlikely, but not impossible for the token to be useful to regular users, but, as already said, it is aimed towards investors.