Topic: [ANN][ICO] Pylon Network - Decentralized energy exchange platform - page 11. (Read 10205 times)

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Klenergy chosen as one of the 100 startups finalists of South Summit 2017 


Web: Pylon-Network.org
Twitter: https://twitter.com/KlenergyTech
Telegram Official Channel (English):  https://t.me/pylonnetworkofficialtelegram
Telegram Spanish Channel (Español): https://t.me/pylonnetworkspanishchannel
Bitcointalk channel (English): https://bitcointalksearch.org/topic/annico-pylon-network-decentralized-energy-exchange-platform-2054297
Bitcointalk Channel (Español) : https://bitcointalksearch.org/topic/annico-pylon-network-plataforma-descentralizada-de-intercambio-de-energia-2055169

KLENERGY: http://klenergy-tech.com/
Klenergy Metron: http://metron.es/

Klenergy is a startup focused on Energy De-centralisation, Energy Storage and Energy Efficiency.
Committees of experts formed by corporations and investors have chosen Klenergy amongst the 100 startups from more than 3,500 projects submitted from more than 70 countries.
The finalists will participate along with the rest of the actors of the entrepreneurial ecosystem in the meeting, to be held in the Madrid area of ​​La N @vefrom 4 to 6 October.
The winner will compete for $ 1M in funding in the Silicon Valley Startup World Cup, as well as access to a funding campaign led bySeedrs, the global equity crowdfunding platform.
 

Press Release:

Madrid, July 19, 2017

South Summit already has its 100 startups finalists for its next edition. More than 90 experts have selected the 100 projects that will participate in the international meeting of the entrepreneurial ecosystem, to be held in Madrid from 4 to 6 October in the Madrid area of ​​La N @ VE and will bring together the most important actors of the entrepreneurial ecosystem : Investors, startups and corporations.

Klenergy and Pylon Network

Among the selected startups is Klenergy, which works on The Pylon Network. Its CEO and founder, Gerard Bel, explains: "Pylon Network is a Peer-to-Peer (P2P) energy exchange platform based on blockchain technology. All transactions occur without intermediaries and with the use of Pylon-Coin, which is used to pay for the energy exchanged through Pylon Network. It was designed specifically, to reward the production of Renewable Energy (RE) in order to accelerate their implementation in a de-centralised framework by making RE investments more attractive. Pylon Network is an ambitious, yet feasible project, which we are here to demonstrate the value creation from decentralization of energy generation, within the Spanish energy market. This will be the first implementation of blockchain technology in the energy sector, at such a large scale – 800 people are going to participate in the pilot demonstration stage. It is definitely the most innovative and large-scale project for Europe and maybe, even globally".

South Summit Startup Competition

Among the criteria that have been taken into account for the selection of the hundred projects, five fundamental values ​​stand out:

• The innovation they bring to the market,
• Their economic viability,
• The scalability of their technology,
• The human team behind them
• Thether they are scalable or not.

Selected from a total of 3,500 projects - 53% international from more than 72 countries - the 100 startups selected come from countries like the United States, Israel, United Kingdom, France, Germany, Portugal, Italy, Mexico or Chile. At a Spanish national level they come from the Community of Madrid, Catalonia, Valencian Community, Andalusia, Galicia, Asturias, Castile and Leon, Basque Country and Navarre.

The selected projects correspond to innovative and disruptive initiatives of the main industries: Smart Mobility, Travel & Tourism, New Money, Content & Channels, Healthcare & Biotech, Lifestyle & Fashion, Energy & Sustainability, Art & Culture, as well as initiatives related to B2B and B2C. Regarding the level of development, 31% of projects already have a consolidated project in the growth phase.

In addition to participating in South Summit 2017, all selected startups will have access to training, one-to-one meetings, mentoring and a space of their own in the meeting next October. This will allow them to gain great visibility, access new business opportunities and publicize their projects to investors and corporations in search of innovation, from around the world.

As a novelty in this edition, the winning startup will compete for $ 1 million in funding at the Silicon Valley Startup World Cup and will feature a funding campaign led by Seedrs - the leading global equity crowdfunding platform.

So far, the initiatives selected in previous editions of this meeting - among which Carto, Cabify, Spotahome and Habitissimo stand out - have managed to raise more than one trillion dollars of investment, as well as different strategic agreements on innovation with numerous corporations.

ECOINDUS link:    http://www.ecoindus.com/blog/innovacion/horizon-proyectos-energeticos/klenergy-es-finalista-del-south-summit-2017/108/e-535/962

SOUTHSUMMIT link:  https://www.southsummit.co/startup/microsite/663 

Reserving Hindi translation if needed.

Yes! (depending on the amount of Pylon-Tokens that will be sold). If all 2.5M tokens are sold then the project includes a 600 kWp PV solar installation and 6 HELIOS energy storage units developed by Klenergy.

The different budget scenarios and more info about it can be found in our White Paper (Section 5).

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Does the project offer any energy production or any future plan to do so?

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