Solarex initial coin offering (ICO)

Blockchain Powered Solar Energy Ecosystem



Around one and a half billion people worldwide do not have access to electricity and over 3billion rely on primary biomass for cooking. This number excludes another billion that have no choice but to depend on fossil fuel electric generators for day to day electricity. Africa countries ranked in the top 10 of lowest access to electricity and over 90 percent of people in Africa Countries users biomass for cooking or Electricity generators that burn fossil fuel. Indoor air pollution from carbon monoxide in stoves is a leading cause of adults and children mortality in developing countries, and this value is ahead of malaria and tuberculosis combined. In Nigeria, foraging energy supply has lead over 60million Nigerians to own fossil fuel generators spending more than N3.5billion annually on the generators. Millions of others residents at remote location far from the reach of the grid. Lack of electricity is significant as it hamper economic growth and hurt investors confidence

2
3 3 expert ratings
4.6
2.2
2
1.8
View rating distribution
Starts in 10 months ago
2019-01-01 - 2019-03-20
Token
SRX
Type
ERC20
Bonus
Available
Price in ICO
1 SRX = 0.06 USD
Platform
Accepting
Soft cap
5,000,000 USD
Hard cap
120,000,000 USD
Raised
0
ICO start
Jan 1, 2019
ICO end
Mar 20, 2019
More on ICO
Report

About Solarex ICO

The Global energy demand has created a huge market which has seen countries requiring more energy to power their infrastructural developments and create an enabling economic growth over the past two decades. Solar power technology which has gained global acceptability has ultimately become the main driver in the energy market, with developed countries deploying its potential in boosting its renewable target.

The creation of blockchain technology has further accelerated solar energy penetration in the energy market. Speaking about blockchain and solar technology together is like a breath of fresh air for humanity. Technology itself empowers us to conduct business transactions efficiently and safely, build open and fair energy governance system, build network of reliable business partners and speed up welfare around Africa, which coincidentally has one of the poorest power generation records globally. In cryptocurrency space, the base technology has become a great enabler for many conventional businesses and energy is one of such space. But there is still a human factor, which may be the reason humanity fails blockchain revolution. Fraud, theft, phishing and even personal incaution pose a threat to the emergence of this new technological innovation. Over the years, there has been substantial improvement in security aspect of blockchain space. Now users are secured with the all-important technology solution.

While Solar power business is becoming a buzz words in these days across major countries in the world, very few understands the core issues of people. There are two key issues which are beyond other issues facing the nation. These are financing and reach. People need power for daily living, but they hardly can afford such big investment in the absence of a stable grid power. The other issue is to extend the reach in remote area in a structured manner which can be efficient yet simple for users and the business owners. For every business, it is Solarex (SRX) - new generation blockchain technology enabled Solar Power Solutions essential that investment and sales revenue must be protected from misuse. Here comes an innovative solution which is conceived in the business model of SOLAREX. This is a futuristic, technology enabled and secured framework of tomorrow’s solar global business with special focus on Africa, Asia and South America. The blockchain technology is adapted to much needed security around transaction and metering of solar power in decentralized mode. At the same time, funding is planned via launching of Solarex utility token to generate financing for leasing of Solar PV. This way, people can have access to clean and affordable power mostly opex model and pay for only units, they consume. Our integrated solution is going to begin a new era where everyone can access to energy in a secured manner.

Solarex reviews

Igor Karavaev
ico advisor and investor
Rated on Jul 9, 2018
2
2
2
29%

The whitepaper does not have sufficiet information to judge on marketing or business planning. In such cases i rate low if no additional information provided.

Marin le Corre
Financial adviser - Investor - Former Merrill Lynch Vice-President
Rated on Sep 23, 2018
3
2
1
6%

Africa is desperately in need of electricity and I am pleased to see a project going in the same direction that the several solar initiatives already launched .

I will review my rating as soon as you have published your new whitepaper and release some financial projections.

PlumBot
ICO Analyzer Bot
Rated on Oct 3, 2018
0
0
0
65%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

Solarex ICO price

Price in ICO

1 SRX = 0.06 USD

Solarex (SRX) crypto

Solarex coin

Solarex token
SRX
Solarex type
ERC20
Solarex platform

Solarex (SRX) value

Tokens for sale
1800000000

Solarex investment info

Accepting
Distributed in ICO
75%
Soft cap
5,000,000 USD
Hard cap
120,000,000 USD

Solarex whitepaper

Solarex team

Apply as an advisor

Oti Edema

Founder, CEO

Sameep S

Experienced web developer and Blockchain expert

Ranit Saha

Masters in Technology

Solarex milestones

1
2020 - 2025 Q1 - Q4

WePower idea

2
Q1 2019

WePower idea

3
Q1 2017

WePower idea

4
Q1 2018

WePower idea

5
Q2 2019

WePower idea

6
Q2 2017

WePower idea

7
Q2-Q3 2018

WePower idea

8
Q3 2018

WePower idea

9
Q3 2017

WePower idea

10
Q3 2019

WePower idea

11
Q4 2017

WePower idea

12
Q4 2018

WePower idea

13
Q4 2019

WePower idea

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