Sun Fund

The first phase of Sun Fund’s blockchain technology will be the development of a proprietary smart-contract based blockchain token to be utilized internally by the company. The second phase will roll out an open-system utility and store-of-value functions of "The Sunny", our planned cryptocurrency. The Sunny will cost-effectively manage contracts among parties involved in renewable energy power generation, transmission and asset management, as well as provide a fintech disintermediation play for developing and investing in global renewable energy assets. The Sunny will also mature as a store of value over time.

The first stage of The Sunny’s development will occur in a real-world, closed-system integrated with a proprietary hardware/software solution at the inverter (that’s the equipment which measures the production of a renewable energy asset), thanks to Sun Fund’s partnerships with leading solar equipment manufacturers. Sun Fund has developed over $70 million of solar projects in the US, so we understand our market. Developing The Sunny initially in our closed environment allows the human, hardware, electrical, contractual and token behavior to be tested and debugged in the real world.

Smart contracts can assume both automated and human tasks ranging from billing to maintenance calls. Invoicing is one obvious, low-hanging fruit for adoption: sensors measure how much electricity is produced by a solar project and then automatically transmits the data to our permissioned database, which then generates an invoice based on smart-contract information encoded in the blockchain. Another ready application will be the processing of solar array maintenance functions: failed panels will be automatically reported to a designated electrician to service that panel. Much of our solar asset operations and maintenance can be executed without human involvement. This technology will allow Sun Fund to expand its solar asset portfolio while keeping operating costs down. This first testing and implementation phase will translate, mirror, then displace as much human capital from our solar asset management business as possible. This will allow Sun Fund to grow a highly profitable solar asset portfolio consisting of many small projects.

Adoption of our blockchain technology will improve operational efficiency and lower costs. This is especially desirable for investors looking to generate superior profits from a portfolio of smaller renewable energy projects - in the form of, for example, one-hundred 100 kilowatt projects. Large solar projects have proportionately lower administration and maintenance costs, but they have been generally less profitable than smaller commercial and industrial projects. Blockchain technology will allow Sun Fund to scale our solar portfolio in a low-cost manner - and that means overall higher project IRR’s (internal rate of return) for our growing portfolio of profitable small-scale projects.

In today’s energy environment, where utilities and customers neither like nor trust one another, the trustless platform of Sun Fund’s proprietary, integrated blockchain-plus-hardware approach, based on "The Sunny" (our token), will thoughtfully and efficiently evolve into a global solution for investors, owners and users of renewable energy assets.

The second phase of The Sunny’s roll-out will carry forward the lessons from our closed-system, service-oriented development of the token while exercising the fintech disintermediation play of The Sunny, as well as showcase its value proposition as an asset-backed cryptocurrency. Ultimately, Sun Fund and the Sunny will drive and lead fintech disintermediation in our sector.

Holders of The Sunny will be able to use the currency to invest globally in renewable energy projects and receive an investment return (preferred dividends) cost-efficiently. Buyers of electricity will also be able to transact with the Sunny. Using cryptocurrency instead of traditional payment systems means lower costs for all parties involved - specifically lower transaction costs.

The Sunny will also become a liquid, asset-backed token, backed by Sun Fund’s renewable-energy powered, algorithmically-traded Bitcoin and alt-coin mining operations.  Coins mined by our operations will fund our "virtual central bank" which will contain a basket of crypto and fiat currencies.