Topic: [ANN][ECT] Eloncity - Power the World for FREE - page 26. (Read 7082 times)

Look at Wepower, Electrify.Asia and other projects. All trading below ICO. And they dont need this crazy amount for development now. Less cap - more potential and chances for grow.

Pay attention, the 3rd AMA is comming. Pls join Krypital bounty group to get more detail info.


【Eloncity News】


Another Airdrop with Crypto Love!
AMA on July 19, Thursday at 8PM (CST)

Get ready of your UID, and don't miss out this great oppotunities to meet the founder of Eloncity!

Hi! Will all stakes in the Eloncity bounty apply to the same pool? Or is there a designated share of the 1.5M for each programme (like Youtube 15%, translations 15%, articles 5% ...) as usual? Thank you!

The Eloncity project is one of the most ambitious cryptoeconomic projects. It aims to decentralize the electrical grid infrastructure and energy monopolies by replacing them with a hierarchy of blockchain-enabled microgrids. Those microgrids allow communities to store, trade, and consume locally-generated renewable energy. The system aims to achieve supply and demand balance within — and across — communities, reducing the need for very expensive peak generation power and the power transmission fees that plague the network today.

However, households need to trade frequently in order to establish an efficient energy market. As the trading volume grows geometrically with the number of households in the network, the frequency of trading, which we estimate to be millions of transactions per second in a typical country, could exceed the capacity of any blockchain.
 
Fortunately, most of the energy trading also is limited within microgrids; that is, most trading happens between stable groups of households in the same neighborhood or community. That allows us to scale the network by building side chains, each representing a microgrid.

Eloncity is partnering with CyberMiles to build its infrastructure on the high-performance CyberMiles public blockchain. And like CyberMiles, Eloncity aims to build a highly optimized virtual machine that is specific to its particular application protocol. In this case, CyberMiles and Eloncity are collaborating to develop a customized Plasma implementation that allows for fast, secure energy trading based on the Eloncity protocol. The goal is to automate much of the verification workload and reduce the complexity of cryptoeconomic games.

I am one of your bounty campaign. I see your project that is managed by Krypito team is so good. But I have a suggestion about the updating of bounty campaign spreadsheet. It seems so late than the time when it takes place weekly. Can you update it on time??? Thanks you and your bounty

This is a big deal for the planet and for our descendants. It's good that not all people in this fucking world are trying to destroy the Earth!

The net result of all of this is a planned 80% reduction in carbon emissions by 2050, across all sectors.

Like interesting project  had good hardcore team and advisor 

This is very good news!!! I'm proud that I live on the same planet as a Denver Mayor Michael Hancock. The question of green electricity (renewable energy) is very important for all of us, we need green electricity.

Michael Yuan said that:
'' Eloncity is partnering with CyberMiles to build its infrastructure on the high-performance CyberMiles public blockchain. And like CyberMiles, Eloncity aims to build a highly optimized virtual machine that is specific to its particular application protocol. In this case, CyberMiles and Eloncity are collaborating to develop a customized Plasma implementation that allows for fast, secure energy trading based on the Eloncity protocol. The goal is to automate much of the verification workload and reduce the complexity of cryptoeconomic games.''

Yesterday Denver Mayor Michael Hancock announced a wide-ranging climate plan that centers on a commitment to move municipal electricity use to 100% renewable energy by 2025, and the entire city’s power supply to 100% renewables by 2030. In doing so, the city of 600,000 joins 66 municipalities across the nation that have set a 100% renewable electricity goal – including San Diego and San Jose, California, both of which have more than 1 million residents – and six that have already achieved this. Thank you Denver for joining the movement towards a green planet! Get more: http://bit.ly/2L2B6jL  #eloncity

Don't miss out on this great opportunity to take part in this. Hurry up and join the train.
This is a great project with great potentials.

Yes. Now i understood what you are talking. If you are a investor of eloncity that you are helping them. Public sale is good idea for you or others.

RESERVE

Eloncity CEO - Andy:

Well, the solar energy is given to us for free. The conversion cost is yet free. What ELONCITY hopes to do is to streamline the distributed generation so that the conversion cost, from solar energy to electricity, can be minimized. Here are a few working items

ZNE and the like program will pre-install PV panels and hopefully eliminate redundant roof insurance (for leakage) as well as redundant installation labor.
Working with developer to pre-install connector for installing Energy Storage System so that, again, the installation cost can be minimized.
Working with PUC to eliminate NEM programs so that banks will be willing to make loans to rooftop solar projects again. Otherwise, it is highly recommended for customers to run its own projects by hiring local roofers to install the PV panels at much lower cost.
The target price should not exceed $1.6/Wp given the price of PV panels have dropped significantly since 5/31/18. Chinese governments are likely reducing or eliminating the subsidies for the rooftop PV as the production cost is now equal or better than that of Utilities. Therefore, there is an oversupply of PV panels for the time being, and this should last until Chinese citizens resume their previous appetite for distributed generation.     
Building community solar instead of rooftop so that the building cost can be minimized, Large solar farms are being built at less than dollars per Wp while the rooftop PV costs as much as $4.00 per Wp

Eloncity CEO - Andy:
Price transparency, Price Equilibrium, and Complete Market. The price transparency will encourage users to invest on distributed resources and realize the real cost of energy. Price equilibrium is achieved through the elasticity injected by the energy storage system on both supply and demand sides. The dynamic mapping of ECT and electricity in a given microgrid, corresponding to the use of energy storage, guides users to use electricity intelligently while minimizing the waste of renewable energy produced over the off peak hours. The complete market, achieved through perfect information collected through IOT technologies built into ELONCITY hardware platforms, prevents people from arbitrage and hence enable participation of the exchange market through fairness. These are the value from BlockChain trading in electricity industry. When BlockChain technologies are coupled with distributed generation (or distributed energy resources), people actually gain back the control on when, where and how the power infrastructure should be built - It is absolute true for at least the personal energy infrastructure.     

I wish the project advance. Riveting design, justifiable activity!  Good luck DEVs!

1) Krypital Team:
Thanks for being interested in Eloncity. We will release ICO relevant information ASAP. Please follow our krypital new through telegram channel: https://t.me/KrypitalNews .
Here is the information for private sale:
*Private contribution : $19,000,000 (Open)
Vesting period: 9-months locking position with 10% of token released at the same time as the main token release (six (6) weeks after the completion of the main contribution). Thereafter, 10% token released per month in 9 consecutive phases.
Check the link below for more details: https://docs.google.com/forms/d/e/1FAIpQLSeAz1MEVQ0qzdyQbb5-3cP876NmsaYgoA1ozLSZEhpVv9dhGg/viewform

2) Eloncity CEO - Andy:
While a P2P trading platform is critical to an Energy BlockChain project (we decide where,  when, and how we should build our energy infrastructure. Utilities are our our service providers, no longer our boss), we have to identify the primary issues plaguing our energy infrastructure. Here are a few of them A) Renewable Energy creates issues that can no longer resolved by network alone  B) We are over-engineering our power infrastructure and making it extremely expensive c) subsidies on renewable energy actually has a negative impact on our energy. So, we cannot just build a P2P trading platform and expect everything will work fine. At the end of day, the clear energy flow should be identified and value must be created for the users. ELONCITY approaches these issues by solving problems on a) regulatory barriers and franchise laws b) low-interest loans from fixed income investment by making the projects performance based (trackable) c) winning support from users in the community and advising them on the simple fact about Self-Sufficiency and d) making ELONCITY Model run flawlessly so that communities all over the world can simply duplicate the ELONCITY model by following the “Cook Book” published by AI Grid Foundation.

3) Eloncity CEO - Andy:
Unlike all other projects which only build P2P trading platforms, ELONCITY builds the full model and therefore it will have far less obstacles in getting projects landed.  In fact, the foundation has already identified more than a dozen projects to be built in the next two years.  Our partners are also building a lot more off-grid homes which, in the near future, will be part of ELONCITY microgrids. The cornerstone investors have also all agreed to keep their share intact for quite some time, until the project starts realizing its full potential in late 2020.       

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