Topic: [ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!! - page 145. (Read 167127 times)

I think it is more simple and cheaper to send 10 SNC coin and transaction  fee is 0.0001 or 0.001 BTC coin and transaction fee is  0.0001. So bigger supply have some benefits.

We need a 1 billion marketcap for the coin to reach $1. I don't think this is very easy to achieve. Beyond $1 involves a 1B+ marketcap, something very hard to believe in the near future.

There are only 7 coins with over 1B marketcap, 8 if we count IOTA (keeps switching below and over).

Many New members kept talking about the supply of SuNcontract. Till now nobody raised this question about the supply but seems to be a huge supply. Maybe people get into with the supply and let's wait and see how people are going to believe in this.

In my opinion, the government of many countries control this industry since it is very important to the safe of a country, how to overcome this problem in your project? 

The total supply has no correlation with the possible profit.  There are lots of coins that prove that.  The amount of investments is.  e.g. if you invested 1eth and there were 100000eth invested, in the case of huge succes your profit will be less than when just 1000eth were invested.  

With 1 billion coins, it's gonna be hard to make good profits from this coin.
 
Any particular reason for such high supply?

The project is very interesting nonetheless and I am in.

As per below your website indicates a roadmap which directly correlates to the amount of ETH collected. It seems highly unlikely that you will reach your goal of 100K ETH... If let's say only 10K ETH is collected does that mean that goals 4,5,6,7 as per your roadmap will not be achieved and implemented due to the lack of funds?


0 – 5K ETH
1 - P2P Trading Platform

5K – 10K ETH
2 - Implementing the P2P Platform on a national level

10K – 25K ETH
3 - Commercializing the P2P Platform on an international level

25K – 40K ETH
4 - Flexibility market and demand response services

40K – 60K ETH
5 - Increasing the trading volume of P2P Platform with renewables and energy storage

60K – 70K ETH
6 - Increasing the market share, acqusitions and expansions

70K – 100K ETH
7 - Further grid services development

Hello, are translation bounties still available ??

Well said I will buy moar.

So what exactly one SunContract token represents and how it will gain in value in the future?

you can participate in there token sale. visit them here https://suncontract.org/

anyway, too bad they didnt have an bounty which is their tokens is the payment, rather they have it in btc payment. but they have a great project though, hoping it will be successful. im sure it will, you already raised 3000+ eth, i think your soft cap is 5k eth, am i right?

I am looking forward to your project, so I participated in all your activities, and hope to get a high profit

this is very nice! i finally understand now 

  we will buy more in ICO   

Reserving Zulu translation

Confussion about how Suncontract works

I can see the concern and confusion in people about one of the main things which is, how can someone transfer electricity from numerous suplyers to consumer through the one and only infrastructure that is allready in operation.
First I must say that I am a total non expert on this, but can say from first hand that it works in my house in Slovenia and in other countries in Europe too.
For example I used to be loyal to the same electricity supplyer for about 20 years. Then came to the market another one with lower prices of electricity and I just simply called them and told them that I would like to be their consummer from now on. They arranged all of the papers (made a contract with me, cancelled the old supplyer), and that was it!!!
Now i pay for electricity about 10% less and all I had to do was make one phone call to the new supplyer 😁. Yes as simple as that.
I do not know what are the arrangements between the ones who had build the infrastructure and all the companies that are using it,but it works very well.

And I agree with all of you that this explanation is one of the main things that is missing in Suncontract's whitepaper!!!
Allthou I see Suncontract as a BIG potential and allso have invested my ETH in it!
Thanks for all the effort and good luck to staff of Suncontract!

Regards

join slack and look at twitter for fresh infomations

https://twitter.com/sun_contract

I noticed that too. The should revise their whitepaper and add that information in. No sure how it was over looked. The countdown on the site keeps changing too.

Gratz with the token sale, with the Ether price having gone up since the initial announcement, are you near the minimum amount needed to launch this project later on?

The project is not yet Nimiq active

no suncontract slack invitation link, how do get into slack then
no telegram group
suncontract reddit only have 10 posts
facebook? who still use facebook these days...