Author

Topic: [ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!! - page 160. (Read 167620 times)

legendary
Activity: 1414
Merit: 1005
Great project and idea, will surely take part in ICO!


if you are smart load up your ETH - there are many ico's and ETH price will go to the sky in 14 days
sr. member
Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
Great project and idea, will surely take part in ICO!
hero member
Activity: 669
Merit: 500
sr. member
Activity: 700
Merit: 260
If you look at the function, of course this project will grow rapidly may in the not too long to attract investors to always invest in the development of this project, because the function of this project so good and full of innovation.

That is right, many investors must be really pleased with these service by Suncontract. I think it is really doing good because the Signature Campaign were extended and we all know what that means right? The project is a great success that the campaign will extend after the release.

Although the signature campaign is extended  another month, the signature campaign prize is reduced, the yahoo reason reduces the signature campaign's reward due to the bitcoin price increase factor. I also hope that this ICO Suncontract Project will be as successful as other ICO Smiley
newbie
Activity: 8
Merit: 0
I have to say its difficult to complete such a complex system just by some contracts and blockchain.
In my opnion in this project,the key seems to be  the designs, the constructs,the maintains of the electricity pool instead of the blockchain and smart contract.
It seems you are stating your perspective with short of knowledge from management aspects. When a system will be managed through blockchain technology, it may grow to next level of due to cost effectiveness and protection against illegal manipulations kind of characteristics of blockchain technology. When a business is focusing on its fundamental things to go efficient, it will get more opportunities to earn better against its competitors.

I am sure suncontracts may bring industry revolution just due to adopting blockchain technology whereas its competitors may lack in that area.
Oh, brother, accusing others of a lack of management knowledge, this does not mean that a men really have management knowledge.
In addition, the world is not just about management, and for this project, some of the obvious technical problems must be addressed first, and then the management problem.

You will need to provide us more info about your concerns otherwise we cannot address your questions. Especially country and market you are refering. We have a legal team who is helping us resolving local issues and experienced team from energy sector.

But please do not mix our platform with total grid management.

Guys I love the project and the iniative so far, but I have to agree much more info is needed on certain parts of your plan instead of all the groupies here who are hyping without any arguments or relevant content whatsoever.

I have some serious questions about how the logistics of such an P2P energymarket would work.
To make it as tangible as possible, please answer 2 very simple questions:

1 I have excess energy for sale from my solar panels. How can I sell kw/h's ok the market?

2 I have bought kw/h's on the distributed market. How will they be 'delivered'/credited by my energy provider?

A simple answer reflecting your vision on these simple mechanics would greatly help to clear u the potential of what you hope to achieve here!


hero member
Activity: 1722
Merit: 528
If you look at the function, of course this project will grow rapidly may in the not too long to attract investors to always invest in the development of this project, because the function of this project so good and full of innovation.

That is right, many investors must be really pleased with these service by Suncontract. I think it is really doing good because the Signature Campaign were extended and we all know what that means right? The project is a great success that the campaign will extend after the release.
full member
Activity: 598
Merit: 100
☀ SunContract.org ☀
Hi team,

Could you explain a little bit the mechanics of the token?

As I understand it people will use it to buy/sell electricity. If the token's value increases then electricity cost will increase making it not cost-effective. If the price for electricity then adjusts for increased token price then why does the token go up in value?

supposedly 1 token = 1 kw/h = $10. if the token goes to $100 then 0.1 token = 1kw/h.

OK but why would the tokens increase in value exactly?


Hi,

we are developing a mechanism that will prevent exactly that. We have a working concept but due to latest copying of our Whitepaper and everything else we will not reveal more then that until it is fully working because many similar projects are just simply trying to copy/paste our ideas.

Tokens will increase in value with the demand but mechanism will make sure price in local currency stays the same. This mechanism is rather simple sollution but will the its work  Cool

I agree right now there are many countries focusing on this solar energy but how far this can influence in different parts of the world. Not only by the Sun contract in future many companies will establish in this field. But my concern is what will be the starting price of the ICO.
Starting price of tokens can be found in first post:
I review all info, whitepaper and updates.. this will be innovative huge project with bright future!
i just bought 29 ETH for join the ICO 28. june
06/16/2017 12:16:32 PM   
BUY
0.14200000   29.62803824   4.20718143
Preppared and ready  Grin
With all this upcoming ICOs i think it is good idea. I wonder if they are going to accept bitcoin payments or just ether.

We will only accept Ether due to Smart Contract. We decided for max. transparency and only smart contract can give us that.

A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

On our priority list are countries with liberized energy market where we can freely Access energy grids. For other countries we will give a lot of funds to legal team to help us enter.

How many tokens are available for ICO?

Number of SNC tokens depends of number of ETH raised. 10,000ETH raised would create around 100,000,000 SNC, 100,000 ETH would mean around 1,000,000,000 SNC in circulation

So there is no hard cap for the ICO? What's your plan to use the money if you raise 100,000 ETH?


Yes there is hard cap, 100,000 ETH. So if we reach hard cap then that is where we will stop raising ETHs and creating tokens
hero member
Activity: 1162
Merit: 568
I agree right now there are many countries focusing on this solar energy but how far this can influence in different parts of the world. Not only by the Sun contract in future many companies will establish in this field. But my concern is what will be the starting price of the ICO.
Starting price of tokens can be found in first post:
I review all info, whitepaper and updates.. this will be innovative huge project with bright future!
i just bought 29 ETH for join the ICO 28. june
06/16/2017 12:16:32 PM   
BUY
0.14200000   29.62803824   4.20718143
Preppared and ready  Grin
With all this upcoming ICOs i think it is good idea. I wonder if they are going to accept bitcoin payments or just ether.

We will only accept Ether due to Smart Contract. We decided for max. transparency and only smart contract can give us that.

A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

On our priority list are countries with liberized energy market where we can freely Access energy grids. For other countries we will give a lot of funds to legal team to help us enter.

How many tokens are available for ICO?

Number of SNC tokens depends of number of ETH raised. 10,000ETH raised would create around 100,000,000 SNC, 100,000 ETH would mean around 1,000,000,000 SNC in circulation

So there is no hard cap for the ICO? What's your plan to use the money if you raise 100,000 ETH?
sr. member
Activity: 700
Merit: 257
A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

The cost of solar has never been lower than it is right now.

https://understandsolar.com/cost-of-solar/
Wow its a great news for us and since they got the lower cost so it means that it is great time to invest and save money.
Just heart about this new project and had joined the team and was shocked about its greatness, I am so excited to be with this team with a great endeavour, longing to have a long term relationship with regards to investment as well.
hero member
Activity: 586
Merit: 501
Hi team,

Could you explain a little bit the mechanics of the token?

As I understand it people will use it to buy/sell electricity. If the token's value increases then electricity cost will increase making it not cost-effective. If the price for electricity then adjusts for increased token price then why does the token go up in value?

supposedly 1 token = 1 kw/h = $10. if the token goes to $100 then 0.1 token = 1kw/h.

OK but why would the tokens increase in value exactly?
full member
Activity: 598
Merit: 100
☀ SunContract.org ☀
I agree right now there are many countries focusing on this solar energy but how far this can influence in different parts of the world. Not only by the Sun contract in future many companies will establish in this field. But my concern is what will be the starting price of the ICO.
Starting price of tokens can be found in first post:
I review all info, whitepaper and updates.. this will be innovative huge project with bright future!
i just bought 29 ETH for join the ICO 28. june
06/16/2017 12:16:32 PM   
BUY
0.14200000   29.62803824   4.20718143
Preppared and ready  Grin
With all this upcoming ICOs i think it is good idea. I wonder if they are going to accept bitcoin payments or just ether.

We will only accept Ether due to Smart Contract. We decided for max. transparency and only smart contract can give us that.

A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

On our priority list are countries with liberized energy market where we can freely Access energy grids. For other countries we will give a lot of funds to legal team to help us enter.

How many tokens are available for ICO?

Number of SNC tokens depends of number of ETH raised. 10,000ETH raised would create around 100,000,000 SNC, 100,000 ETH would mean around 1,000,000,000 SNC in circulation
full member
Activity: 598
Merit: 100
☀ SunContract.org ☀
I don't know much about energy business, but I just can't wait when era of cheap, safe and natural energy comes ( seems like never, lol ). We face many global challenges nowadays ( http://planetaryproject.com/global_problems/future/analytics/major-future-challenges/ ), and ecological one is one of the biggest.

Just two quotes from Fortune article that give a lot of perspective why solar is future already happening today

Quote
According to Bloomberg's analysis, the cost of solar power in China, India, Brazil and 55 other emerging market economies has dropped to about one third of its price in 2010. This means solar now pips wind as the cheapest form of renewable energy—but is also outperforming coal and gas.
...
Bloomberg reports that 2016 has seen remarkable falls in the price of electricity from solar sources, citing a $64 per megawatt-hour contract in India at the tart of the year, and a $29.10 per megawatt-hour deal struck in Chile in August—about 50% the price of electricity produced from coal.
sr. member
Activity: 357
Merit: 260
Yes, idea is super, but where from we get transmission lines to send and to receive electricity?
And who audits  electricity measuring equipment?

Nice project, I think this project is well-planned. All requirements will provide to developed the said project. And I think that, if the project was developed systematically, It will become popular to producers, consumers, and prosumers. This project was very interesting for me as a student. It is all about energy. We all know that energy is important to humankind. I hope that this project was developed soon.
full member
Activity: 196
Merit: 100
How many tokens are available for ICO?
full member
Activity: 224
Merit: 100
Suncontract projects provide opportunities with the potential to reward all participants; Consumers are rewarded with lower costs and cleaner energy, while manufacturers are better compensated for the electricity they generate. Join now with suncontrac ..
hero member
Activity: 1190
Merit: 514
India is a booming market for renewable energy, many wind farms and solar grids. Now this question might sound utterly stupid, in India renewable industry comes under Ministry of New and Renewable Energy, means the government should be on one end of the contract as a supplier, right. And if that country has not legalised BTC or ETH, that would be tricky.
This is exactly what i mentioned earlier in this thread,there will be legal issues and many paper works to be done to make this project a reality and it might take a longer time for everything to settle down because it is not that easy to get the paper works done pretty fast particularly if a government is involved,legalization of bitcoin or ETH is another chapter.
I think the government will not be a bigger problem for that project because they are using this system as a way to collect funds for the project and the token is working as the shares of the investors which I think is legal for any government.

I think is there has no problem with token or shares. the energy market is very sensitive. In many countries, you have big taxes through which the state controls GDP, and they do not like a lot of innovations in this sphere especially with the decentralised market. Project like SunContract is for future, and i think 3-5 years is minimum to become applicable
to me in my country there is intense need of this project. because we have too much electricity shortage and specially in summer when the temperature raise to 45+ C. the situation become more complete because of the increasing demand of electricity. i am sure that this project will be on top in my country.
We hope that this project get a bigger success and this project reach to every needy country of he world for electricity. In the start I think they are limited to a few countries and then they will reach to other countries up to which I know but right now we can get the profit by participating in their crowdfunding.
Yes it really need to invest in their ICO because if we will participate more in this project then this project will become more stronger financially and if they will become more stronger financially then we hope that this project will give benefit to more part of the world.
I hope that this project will get their success and it is sure that this is provided for all of the world. We will get the benefit from it by two ways one by investing in this project by buying their tokens and the other benefit is that this project will reach to our country to benefit us with that technology.
I agree with you, I am studying about this project from a longer time and after reading about the planning of the developers and after reading about the response of the people to this project it convinced me to take part in this project and now I am confident that this project will bring a good fortune for my finance.
Not only India is the target market but other developed countries as well. Have you seen the floating solar farm of China? Which produces more than the floating Solar Farm in London. Many countries are shifting to renewable energy because they know it is better than fossil and coal energy, that is why in the long term it can be promising for this project.

That floating solar power plant is an absolute wonder.


I agree, solar has to be adopted more widely and by more
And more countries. I think the price of the hardware is
Reducing and the cost of using fossil fuels is rising.
i really hope that this sun contracts project is gaining more
and more attention.


It's amazing, why are we still making war over energy when we just have to gather sun energy ? It's more than easy nowadays, and soon it will cost less than any other energy form.

And contrary to the other energies, there is absolutely no limit to the energy of the sun, we have some time before our sun dies.
sr. member
Activity: 672
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
India is a booming market for renewable energy, many wind farms and solar grids. Now this question might sound utterly stupid, in India renewable industry comes under Ministry of New and Renewable Energy, means the government should be on one end of the contract as a supplier, right. And if that country has not legalised BTC or ETH, that would be tricky.
This is exactly what i mentioned earlier in this thread,there will be legal issues and many paper works to be done to make this project a reality and it might take a longer time for everything to settle down because it is not that easy to get the paper works done pretty fast particularly if a government is involved,legalization of bitcoin or ETH is another chapter.
I think the government will not be a bigger problem for that project because they are using this system as a way to collect funds for the project and the token is working as the shares of the investors which I think is legal for any government.

I think is there has no problem with token or shares. the energy market is very sensitive. In many countries, you have big taxes through which the state controls GDP, and they do not like a lot of innovations in this sphere especially with the decentralised market. Project like SunContract is for future, and i think 3-5 years is minimum to become applicable
to me in my country there is intense need of this project. because we have too much electricity shortage and specially in summer when the temperature raise to 45+ C. the situation become more complete because of the increasing demand of electricity. i am sure that this project will be on top in my country.
We hope that this project get a bigger success and this project reach to every needy country of he world for electricity. In the start I think they are limited to a few countries and then they will reach to other countries up to which I know but right now we can get the profit by participating in their crowdfunding.
Yes it really need to invest in their ICO because if we will participate more in this project then this project will become more stronger financially and if they will become more stronger financially then we hope that this project will give benefit to more part of the world.
I hope that this project will get their success and it is sure that this is provided for all of the world. We will get the benefit from it by two ways one by investing in this project by buying their tokens and the other benefit is that this project will reach to our country to benefit us with that technology.
I agree with you, I am studying about this project from a longer time and after reading about the planning of the developers and after reading about the response of the people to this project it convinced me to take part in this project and now I am confident that this project will bring a good fortune for my finance.
Not only India is the target market but other developed countries as well. Have you seen the floating solar farm of China? Which produces more than the floating Solar Farm in London. Many countries are shifting to renewable energy because they know it is better than fossil and coal energy, that is why in the long term it can be promising for this project.

That floating solar power plant is an absolute wonder.


I agree, solar has to be adopted more widely and by more
And more countries. I think the price of the hardware is
Reducing and the cost of using fossil fuels is rising.
i really hope that this sun contracts project is gaining more
and more attention.

Right, I also agree sir. The more countries that want to use solar power, the better. And SunConract as a pioneer.
With the use of hardware can minimize the price for energy sources and fossil fuels can be used to a minimum as well. Because the longer the fossil fuel is running low.
sr. member
Activity: 504
Merit: 250
If you look at the function, of course this project will grow rapidly may in the not too long to attract investors to always invest in the development of this project, because the function of this project so good and full of innovation.
hero member
Activity: 2128
Merit: 520
A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

The cost of solar has never been lower than it is right now.

https://understandsolar.com/cost-of-solar/
Very informative to attract possible investors to join this project as this project support solar energy good thing to know that progress will be much bigger and wait will be paid off after this project succeed. Moving forward dev team.
sr. member
Activity: 854
Merit: 257
A bit before i join the signature i were searching for solar panel and well they are very expensive, the investment i would make today would return to me in around 7-10 years from now, and im not sure if the energy produced would be enought, but the this project has all to became a sucess, does your team already decided witch countries will be the first to get this service?

The cost of solar has never been lower than it is right now.

https://understandsolar.com/cost-of-solar/
Wow its a great news for us and since they got the lower cost so it means that it is great time to invest and save money.
Jump to: