SunContract initial coin offering (ICO)

Decentralized energy market platform



SunContract is an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.

3
4 4 expert ratings
3.5
4
3
2.4
View rating distribution
Starts in 2 years ago
2017-06-28 - 2017-08-01
Token
SNC
Price in ICO
10,000 SNC = 1 ETH
Platform
ICO start
Jun 28, 2017
ICO end
Aug 1, 2017
More on ICO
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About SunContract ICO

SunContract's business model joins together the best features of blockchain technology and renewable energy to create entirely new services that will revolutionize the existing market. A decentralized energy market on the blockchain is just the first step of transforming energy
distribution grid services in the future and will be followed by grid-flow optimization services, demand response services etc.

THE 5T

TRUST | TRANSPARENCY | TRACEABILITY | TIME STAMP | TRANSACTION

THE 5D

DIGITALIZATION | DECARBONIZATION | DEREGULATION | DECENTRALIZATION | DEMOCRATIZATION

How it works

The SunContract is a platform that directly connects energy producers and consumers into an energy pool based on smart contracts. The blockchain takes over the role of the middle man
as a trusted technology infrastructure. Blockchain technologies could be implemented into existing energy distribution systems without previously changing the general energy regulation framework.
We are already developing a pilot project for use on a national level. Currently, we are developing an API for collecting electrical meter data from energy producers, consumers and prosumers
in order for it to be written into the blockchain. The pilot project will be completed in a few months.

Vision

The SunContract's vision is to support the global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNC tokens,
one can buy electricity through the SunContract Energy Pool.

Token economics

At the token sale, we will issue SNC Ethereum based (ERC20) tokens. By specifying the amount of supply, we create a closed ecosystem with a finite
number of tokens. A growing number of customers will increase the number of transactions, thus increasing the demand for SNC tokens. We expect a positive correlation between
the SNC market value and the size of the SunContract network implying the economic laws of supply and demand.

Opportunity

The energy sector is a multi-trillion $ market. Our focus will be to constantly increase the demand for SNC tokens by increasing the trading volume inside the SunContract Energy Pool.
Cutting out the retailers and diminishing the dependence on distribution service operators will contribute to the competiveness of electricity prices, which will make SunContract more attractive for
customers. The volume of electricity traded in the SunContract Energy Pool will increase also by utilizing energy storage. It is an opportunity with the potential to reward all participants;
the consumer is rewarded with lower costs and cleaner energy, while producers are rewarded with better compensation for the electricity they produce.

TokenSale details

The contribution period will begin on June 28th and will last 4 weeks until July 25th. The Tokensale participants can contribute by sending Ether to the designated address.
By doing so, contributors create SNC tokens at the following rates:

  • First week (from June 28th to July 4th) 11.500 SNC per ETH;

  • Second week (from July 5th to July 11th) 11.000 SNC per ETH;

  • Third week (from July 12th to July 18th) 10.500 SNC per ETH;

  • Fourth week (from July 19th to July 25th) 10.000 SNC per ETH;

SunContract reviews

Chris Alexov
Trader & Ethereum enthusiast
Rated on Aug 29, 2017
3
3
4
1%
Toomas Allmere
CFO TLDR Agency
Rated on Jan 17, 2018
4
3
2
19%

This is a challenging project. Don't find a time-line that fits your roadmap and milestones. WP gives just a cursory information, no details. Lets hope, the project will keep to develop.

Artem Kharchenko
Advisor, IT entrepreneur, information security expert.
Rated on Jan 17, 2018
4
3
3
9%
PlumBot
ICO Analyzer Bot
Rated on Sep 3, 2018
0
0
0
71%


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SunContract ICO price

Price in ICO

10,000 SNC = 1 ETH

SunContract (SNC) crypto

SunContract coin

SunContract token
SNC
SunContract platform

SunContract market cap

SunContract market capitalization
$ 2000000

SunContract investment info

SunContract whitepaper

SunContract team

Apply as an advisor

Jonathan Galea

Blockchain Legal Advice

Advisors

Milan Gabor

Information Security

Advisors

Tomaz Lajovic

Energy Legal Advice

Advisors

SunContract milestones

1
0 - 5K ETH

WePower idea

2
10K - 25K ETH

WePower idea

3
25K - 40K ETH

WePower idea

4
40K - 60K ETH

WePower idea

5
5K - 10K ETH

WePower idea

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