Swytch

Swytch

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Swytch is a blockchain based application that seeks to verify and reward the production of renewable energy through the issuance of an ERC20-compliant utility token. Swytch has a 1.5 gw pilot program operating in Germany, and has signed MOUs with four cities in Korea. Swytch attaches an IOT device to renewable energy sources that verifies the energy produced and reports it to an oracle that determines how many tokens that energy is worth based on a number of factors, which includes: geography, time of day, source of energy produced. We call this Proof of Production, and for this industry it solves the problems inherent with PoW and PoS.
  • Market
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  • Idex
    SET/ETH 3 one year ago
    $ 0.0101
    $ 25.15
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  • LATOKEN
    SET/ETH 4 one year ago
    $ 0.0237
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  • TokenJar
    SET/WETH 4 one year ago
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  • OKX
    SET/ETH 5 one year ago
    $ 0.0003
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  • OKX
    SET/USDT 5 one year ago
    $ 0.0003
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  • FCoin
    SET/ETH 5 one year ago
    $ 0.0002
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  • Hb.top
    SET/ETH 5 one year ago
    $ 0.0004
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  • Hb.top
    SET/USDE 5 one year ago
    $ 0.0005
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Jun 12, 2018
Jul 12, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
SET
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Switzerland
Additional Details
Whitelist
Yes ,
KYC
Yes
Categories
Energy, Big Data

About Swytch

At its most basic level, Swytch serves as an additional incentive for clean energy producers and fills a gap in today’s market for verified renewable energy consumption. To do so, Swytch will use open source technologies and algorithms to verify and reward clean energy production. The reward will be in the form of an ERC20 compliant crypto-token that aims to incentivize investments in a wide range of renewable and sustainable assets (rooftop solar, distributed utility solar, large-scale grid scale solar projects, wind projects, storage systems, etc.).

From large-scale industrial power infrastructure to small residential assets, Swytch tokens can be generated anywhere electricity is produced and consumed. Swytch provides geo-stamped credentials for production of renewable and sustainable technologies which will serve to create invaluable data sets capturing where production occurs today and informing where production will have the most impact in the future. Furthermore, Swytch token generated, traded, and transferred will accelerate investments and adoption of renewable and sustainable technologies by rewarding production and providing a platform through which those rewards can be monetized and re-invested.

Swytch Roadmap

  • Q2 2017

  • Token Commons Foundation formation Initial Funding Swytch Development partnerships and technology development
  • Q4 2017

  • Core technology partnerships Design and Build Proof of Concept, Dashboard, data estimator and Pilots
  • Q1 2018

  • Germany Energy aggregation pilot completion Additional fund raising round complete Core technology development, IOT security and team growth
  • Q2 2018

  • Germany Energy aggregation pilot completion · Additional fundraising round complete · Core technology development, IOT security, and team growth.
  • Read More
  • Q2 2018

  • Complete additional POC's with partner cities Oracle AI refinement for DACM (Adaptive Module) Oracle Consortium development
  • Q3 2018

  • Complete additional POC's with partner cities · Oracle AI refinement for DACM (Adaptive Module) · Oracle Consortium development.
  • Q3 2018

  • Pro-consumer residential token generation Oracle open source International Partnerships growth and scale.
  • Q4 2018

  • Pro-consumer residential token generation pilots · Oracle open source · International Partnerships growth and scale.
  • Q4 2018 and Beyond

  • Trusted IOT device protocol integration Government and corporate engagement
  • Q1 2019 And Beyond

  • Trusted IOT device protocol integration · Government and corporate engagement.

Swytch Team

Verified 10%

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

Chris Griffith
Senior Full Stack Developer
unverified
Luke Filipos
Lead UX Designer
unverified
Evan Caron
Cofounder and Managing Director
unverified
John Redpath
Cofounder
unverified

4 ICO

$39 000 000

John Clippinger
Cofounder and Head of Token Innovation
unverified
Andrew Pearsons
Managing Director
verified
Youngsook Park
VP of Business Development
unverified
Eric Miller
Director of Product and Lead Blockchain Developer
unverified
Shawn Harmsen
Senior Fullstack Developer
unverified
Troy Martin
Director of Compliance and Governance
unverified

Advisors

Verified 0%

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

2 ICO

$36 000 000

Galia Benartzi
Advisor
unverified
Charlie Firestone
Advisor
unverified
Steve Jurvetson
Advisor
unverified
Marcia Kadanoff
Advisor
unverified
Rowan Logie
Advisor
unverified
Steve Waterhouse
Advisor
unverified
Marc Weinstein
Advisor
unverified
Kent Larson
Advisor
unverified
Tony Seba
Advisor
unverified
Brad Hardin
Advisor
unverified
Peter Hirshberg
Advisor
unverified

2 ICO

$45 000 000

Thomas Hardjono
Advisor
unverified
Curt Lefebvre
Advisor
unverified
Samuel Visscher
Advisor
unverified

22 ICOs

$73 692 257

Richard Kastelein
Advisor
unverified
Mickey Mcmanus
Advisor
unverified

Swytch Interviews

Andrew Pearsons
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the COO at Swytch and oversee many of the technology, marketing, and strategic projects.

Swytch Last News

$ 0.0102
Crypto Stats
Daily, %:
Weekly, %:
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Market Info
Market Cap:
Volume 24h:
$ 25.38
Circ. Supply:
Ticker:
SET

Swytch Reviews

icocrunch.io
review

Though the power market is highly competitive nowadays and is supported by large corporations, Swytch has offered an excellent idea of changing incentives for investors to encourage them to develop renewable energy sources in the territories with a lack of traditional energy. Moreover, they have already established multiple partnerships on places. If the idea works, it will show governments that this business is seriously growing and therefore the authorities will have to support it. Swytch looks as a project that is more positive in a long-term perspective than a short-term one.
The renewable energy sources are undoubtedly our future. Swytch is making a large step towards this future by developing a decentralized platform resolving some of the problems in the market we have nowaday

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