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Topic: [ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!! - page 157. (Read 167127 times)

hero member
Activity: 2744
Merit: 588
That's a very simple logic on how you look at this project. So people here can visualize how SunContract plays a role in the distribution of energy.
But for others who can't imagine how this works, a video might assist them to further understand the importance of SunContract.
---

An explanation blog/video would be useful. We know how smart contracts work, but it's the delivery of the electricity through the grid to the buyer that is hard to understand.


The video was always there to introduce suncontract to new users. Here is  the link : https://www.youtube.com/watch?v=hk40TibbfQc
It was on the OP !

And their blog is : http://blog.suncontract.org/

Yes, the short video is already out there but it's just an introduction.
You can't see where is the National Grid in the loop. It's just the Producer -SunContract - Consumer.
So for those who are wondering, where is the National Grid in the picture, even if it's obvious that SunContract will do the direct collab with them or they can be out of the picture in some cases? Still, it should be clear to the users.
So I believe, the team can still provide much detailed video regarding this project. Some info are already in the whitepaper but the role of National Grid is not emphasized or maybe a complete flow chart will explain that. In what instances they (National Grid) are not participating in? Because there are some places that will not allow the direct negotiation with the consumers.
hero member
Activity: 672
Merit: 508
Is it going to be on exchange after ICO finished?

it will depends on the exchanges if they will list SNC on their exchange, if SNC team are willing to pay for their coins to be listed, i think in 1 week time we will see SNC tokens in exchanges Smiley
I think this movement is obvious. The token will eventually be listed in various exchange and there's nothing to worry about it, as I've seen from the history of crowdfunding in this forum, there's none of them which could gather funds are ignored by the exchange, both will have their communication on that matter, so calm down guys.

correct, most of the time exchanges will race on which of them can list the coin after the release so they can get the trading fees first than others LOL

hopefully it will be a big exchange and not those with low volumes
full member
Activity: 591
Merit: 100
☀ SunContract.org ☀
It is easy to sell extra electricity back to the national grid as we are already connected to it. But how do we give this extra electricity to the buyer after creating a contract?

Great idea, but struggling to see how the logistics will work - perhaps we need permission and setup payment to the national grid to setup a channel specifically from your home to the buyer (if they will even allow it)?

in most countries, the provider for the electrical grid has already everything in place for the single user to contribute to the grid! and they buy your excess energy and use it to supplement your nearby users as they will direct your sold energy to where it is needed! its a small contract with great benefits and changes from one region to another and  from country to country but almost all are on the same level of things ...

Exactly like that. Grid operator takes care of electricity when it comes to the network. System will not be very different from how now works but we will just eliminate retailers margins and make it way more cost efficient


So the smart contract is between e.g. me and the national grid only, not between me and another person in the next town?

If someone in the next town wants to setup a smart contract with me, i will surely need the national grid to co-operate (channeling my electricity to their house)?

Electrical grids do not work in that way. You will always need to use national grid, only if you do not connect yourself with someone next to you. Other things would be just too expensive. Smart contract will be between you and a buyer. Everything else will be taken care of by platform


It seems i wasnt the only One not aware of this fact, many people dont know how electricity grid really works, maybe we should make a detailed video to explain It and how suncontract will interact with it

Yes we see that. Sometimes you are to long in a system so you forget that it is quite hard to understand those things. We will write a explanation blog post and try also with video presentations.


An explanation blog/video would be useful. We know how smart contracts work, but it's the delivery of the electricity through the grid to the buyer that is hard to understand.

I would expect that we need an agreement with the grid to transport our extra electricity to the buyer once the smart contract is done. How else to we move the electricity to them as they are paying us for the extra power, not the grid?

Grid fees will still needs to be paid if you will use it. Maybe you could avoid that in local community though. So nobody is paying for extra power, you will just pay to the best seller as is the case when buying an internet provider or telephone service.


Dear Dev,
i wanna invest some money to your good project but i don't know how do i invest this project. could you please help me with guideline.
advance thanking you

Romeo



me too I will invest some money on this project because I think this project will be
boom the trading industries and will be profitable some day for more info read the info
on the top, you will know when the token will be released and for more updates,
save your money now and invest on this project to have a good future someday


Make sure to subscribe to our mailing list on our web site. We will send ICO and Priority pass (Pre-ICO) information only through mailing list.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Is it going to be on exchange after ICO finished?

it will depends on the exchanges if they will list SNC on their exchange, if SNC team are willing to pay for their coins to be listed, i think in 1 week time we will see SNC tokens in exchanges Smiley
I think this movement is obvious. The token will eventually be listed in various exchange and there's nothing to worry about it, as I've seen from the history of crowdfunding in this forum, there's none of them which could gather funds are ignored by the exchange, both will have their communication on that matter, so calm down guys.
sr. member
Activity: 602
Merit: 258
Dear Dev,
i wanna invest some money to your good project but i don't know how do i invest this project. could you please help me with guideline.
advance thanking you

Romeo



me too I will invest some money on this project because I think this project will be
boom the trading industries and will be profitable some day for more info read the info
on the top, you will know when the token will be released and for more updates,
save your money now and invest on this project to have a good future someday
hero member
Activity: 1162
Merit: 547
CryptoTalk.Org - Get Paid for every Post!
That's a very simple logic on how you look at this project. So people here can visualize how SunContract plays a role in the distribution of energy.
But for others who can't imagine how this works, a video might assist them to further understand the importance of SunContract.
---

An explanation blog/video would be useful. We know how smart contracts work, but it's the delivery of the electricity through the grid to the buyer that is hard to understand.


The video was always there to introduce suncontract to new users. Here is  the link : https://www.youtube.com/watch?v=hk40TibbfQc
It was on the OP !

And their blog is : http://blog.suncontract.org/
hero member
Activity: 2744
Merit: 588
National grid will still distribute energy (this might not be the case in local communities). But platform will provide you an opportunity to buy electricity directly from producer. As you would buy flour directly from miller instead from Tesco/Aldi/etc

That's a very simple logic on how you look at this project. So people here can visualize how SunContract plays a role in the distribution of energy.
But for others who can't imagine how this works, a video might assist them to further understand the importance of SunContract.

So, you're hoping that National Grid will adopt this? Those are some pretty big plans.
Otherwise, if your power came form National Grid then you can't choose who it came from or even know who it came from. In order to have a decentralized exchange of power you'd need your own network with this software.

I believe that the team already considered such future bottlenecks and already have plans how to attack them.

There are certain goal for reduction of carbon footprint and the only way to meet those is to accept anyone to the grid that is willing to produce green energy. And where energy sector is liberalized grid operator has to accept everyone

Though there are other projects focusing on renewable energies, I hope that SunContract will pull it off & make this one big and flourishing.
hero member
Activity: 691
Merit: 500
legendary
Activity: 1414
Merit: 1005
I'm sure this projects can definitely compete with many other projects, let alone supported by a manager who has proven his performance .. this is awesome for me.
Hopefully the existing projects continue to push a successfull till future.

Project feels like



 Cool


to the mooon =) we have preppared our ETH bo jump on ICO at 28.June!

respect!  Grin
sr. member
Activity: 798
Merit: 281
It is easy to sell extra electricity back to the national grid as we are already connected to it. But how do we give this extra electricity to the buyer after creating a contract?

Great idea, but struggling to see how the logistics will work - perhaps we need permission and setup payment to the national grid to setup a channel specifically from your home to the buyer (if they will even allow it)?

in most countries, the provider for the electrical grid has already everything in place for the single user to contribute to the grid! and they buy your excess energy and use it to supplement your nearby users as they will direct your sold energy to where it is needed! its a small contract with great benefits and changes from one region to another and  from country to country but almost all are on the same level of things ...

Exactly like that. Grid operator takes care of electricity when it comes to the network. System will not be very different from how now works but we will just eliminate retailers margins and make it way more cost efficient


So the smart contract is between e.g. me and the national grid only, not between me and another person in the next town?

If someone in the next town wants to setup a smart contract with me, i will surely need the national grid to co-operate (channeling my electricity to their house)?

Electrical grids do not work in that way. You will always need to use national grid, only if you do not connect yourself with someone next to you. Other things would be just too expensive. Smart contract will be between you and a buyer. Everything else will be taken care of by platform


It seems i wasnt the only One not aware of this fact, many people dont know how electricity grid really works, maybe we should make a detailed video to explain It and how suncontract will interact with it

Yes we see that. Sometimes you are to long in a system so you forget that it is quite hard to understand those things. We will write a explanation blog post and try also with video presentations.


An explanation blog/video would be useful. We know how smart contracts work, but it's the delivery of the electricity through the grid to the buyer that is hard to understand.

I would expect that we need an agreement with the grid to transport our extra electricity to the buyer once the smart contract is done. How else to we move the electricity to them as they are paying us for the extra power, not the grid?
full member
Activity: 591
Merit: 100
☀ SunContract.org ☀
It is easy to sell extra electricity back to the national grid as we are already connected to it. But how do we give this extra electricity to the buyer after creating a contract?

Great idea, but struggling to see how the logistics will work - perhaps we need permission and setup payment to the national grid to setup a channel specifically from your home to the buyer (if they will even allow it)?

in most countries, the provider for the electrical grid has already everything in place for the single user to contribute to the grid! and they buy your excess energy and use it to supplement your nearby users as they will direct your sold energy to where it is needed! its a small contract with great benefits and changes from one region to another and  from country to country but almost all are on the same level of things ...

Exactly like that. Grid operator takes care of electricity when it comes to the network. System will not be very different from how now works but we will just eliminate retailers margins and make it way more cost efficient


So the smart contract is between e.g. me and the national grid only, not between me and another person in the next town?

If someone in the next town wants to setup a smart contract with me, i will surely need the national grid to co-operate (channeling my electricity to their house)?

Electrical grids do not work in that way. You will always need to use national grid, only if you do not connect yourself with someone next to you. Other things would be just too expensive. Smart contract will be between you and a buyer. Everything else will be taken care of by platform


It seems i wasnt the only One not aware of this fact, many people dont know how electricity grid really works, maybe we should make a detailed video to explain It and how suncontract will interact with it

Yes we see that. Sometimes you are to long in a system so you forget that it is quite hard to understand those things. We will write a explanation blog post and try also with video presentations.
hero member
Activity: 669
Merit: 500
sr. member
Activity: 798
Merit: 281
It is easy to sell extra electricity back to the national grid as we are already connected to it. But how do we give this extra electricity to the buyer after creating a contract?

Great idea, but struggling to see how the logistics will work - perhaps we need permission and setup payment to the national grid to setup a channel specifically from your home to the buyer (if they will even allow it)?

in most countries, the provider for the electrical grid has already everything in place for the single user to contribute to the grid! and they buy your excess energy and use it to supplement your nearby users as they will direct your sold energy to where it is needed! its a small contract with great benefits and changes from one region to another and  from country to country but almost all are on the same level of things ...

Exactly like that. Grid operator takes care of electricity when it comes to the network. System will not be very different from how now works but we will just eliminate retailers margins and make it way more cost efficient


So the smart contract is between e.g. me and the national grid only, not between me and another person in the next town?

If someone in the next town wants to setup a smart contract with me, i will surely need the national grid to co-operate (channeling my electricity to their house)?
sr. member
Activity: 462
Merit: 250
This is a really good project and i think investment in this project can yield good returns. People would be able to buy elelctricity directly from producer which will surely help to reduce electricity prices and energy production is completely eco friendly which is an asset too.
hero member
Activity: 1190
Merit: 514
Guys, we are adding new languages on our website. Now we have English and Slovenian, hopefully today we will be able to add also Chinese website. We are finishing last details about it.

I'm still at your disposal if you have any work for french translation for your website Wink
hero member
Activity: 1190
Merit: 514
It seems i wasnt the only One not aware of this fact, many people dont know how electricity grid really works, maybe we should make a detailed video to explain It and how suncontract will interact with it
full member
Activity: 591
Merit: 100
☀ SunContract.org ☀
you cant sell electricity randomly to some person who wants to buy...

how do you plan to do that? getting cables from producers to buyers? or do you think distribution network will play the middle man?


National grid can be used by anyone who is willing to provide green energy. There would not be any point in building our own grid since there is always government to plan such a big infrastructure projects. In EU market is liberated so we can freely access it
full member
Activity: 591
Merit: 100
☀ SunContract.org ☀
In view of the imminent start of the ICO in just over a week's time, it is important to start spreading the word even more. Apart from BTCtalk and Reddit, I strongly suggest you start posting on the CCC Facebook group, which is the largest one. Make sure you provide a bit of info as to why this project is promising; that should be quite easy to do as this is one of the best-executed ideas I've recently heard of.

https://www.facebook.com/groups/cryptocurrencycollectorsclub/?fref=nf

Thank you, we have a member who posted it. Can you see it?
member
Activity: 68
Merit: 10
you cant sell electricity randomly to some person who wants to buy...

how do you plan to do that? getting cables from producers to buyers? or do you think distribution network will play the middle man?
hero member
Activity: 826
Merit: 1004
Really nice and interesting project will surely try to invest at least 1 eth during your ico.
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