SunContract SunContract

SunContract

An energy trading platform that utilises blockchain technology
past
Jun 28, 2017 — Jul 31, 2017
Raised 0.000000000000000000ETH
past
Jun 28, 2017 — Aug 1, 2017
Raised 2 358 882.20 USD
Goal 100 000 ETH
Cap 100 000 ETH
Prices
  • From Jun 28, 2017 Till Aug 1, 2017 —
    10520 SNC 1SNC = $0.249697
    =
    1 ETH 1ETH = $837.8446157038

About SunContract

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;

Features

- Aims to remove the middlemen in energy trading and revolutionise liberalised energy markets
- The platform will be built on Ethereum's blockchain and smart contracts will regulate the relationship between producers and consumers availing themselves of Suncontract's energy pool

Roadmap

  • 0 - 5K ETH

  • P2P Trading Platform
  • SunContract idea

  • 5K - 10K ETH

  • Implementing the P2P Platform on a national level
  • Read More
  • Domain SunContract.org registered

  • 10K - 25K ETH

  • Commercializing the P2P Platform on an international level
  • Whitepaper published

  • 25K - 40K ETH

  • Flexibility market and demand response services
  • Token sale

  • 40K - 60K ETH

  • Increasing the trading volume of P2P Platform with renewables and energy storage
  • SunContract platform

Activity

Status:
Member
MEDIUM
Activity:
73
LOW
Merit:
10
LOW
Posts:
2 529
VERY HIGH
Views:
121 057
VERY HIGH
Posts:
154
MEDIUM
Followers:
21 721
VERY HIGH
Likes:
21 342
VERY HIGH
Followers:
13 555
VERY HIGH
Tweets:
467
HIGH
Alexa
Rank:
406 534
LOW
Delta:
-214 912
Year commits:
437
Watchers:
17
Stars:
16
Forks:
6
Open issues:
2

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Co-founder, CFO
unverified
Martina Gabor
CIO
unverified
Mitja Blatnik
Project manager
unverified
Andraz Verdev
Blockchain ecosystem
unverified
Klemen Stopar
Energy ecosystem
unverified
Numerical analysis
unverified
Information security
unverified
SunContract middle east
unverified
YingDong Xu
SunContract China
unverified
Ales Frece
Software engineer
unverified
Rok Gornik
Community manager
unverified
Katja Ogrin
SunContract Massachusetts
unverified
MSc Gregor Novak
CEO and Co-founder
unverified
PhD Klemen Stopar
Energy Ecosystem
unverified
PhD Aleš Kroflič
Numerical Analysis
unverified
PhD Eva Zupančič
Ethereum Ecosystem
unverified
Rok Povše
P2P Engineer
unverified
PhD Aleš Frece
Software Engineer
unverified

3.75

stable
5.0 5
ICO Profile Vision Activity Potential Product Team

icorating
-
icobazaar 4.0
icobench 4.1

Collected:
Data pending
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: ICO: 28 Jun 2017 31 Jul 2017

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