Topic: [ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!! - page 164. (Read 167127 times)

Could you take time to explain what makes you to ask such questions ? Where do you find any similarity between these two altcoin projects.

Usually I never look into dev teams rather than I just focus on white paper and road maps. If the concepts are convincing and having chances to gain investors attentions, then I will go for investing with them, suncontract must be such one.

This looks interesting. I'll keep my eye on it.

What is the connection between Suncontract and SONM Development? whether it is the same team?

Thats Great. A Chinese version of the site. Chinese and korean prefer their language more than English or other foreign languages and to get them involve it in his project, this is a great move. China is a leading crypto market and SunContract  can really promote their project and can get good response from Chinese.

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.

A global project is always better in a sense that it involves more commitment and focus is at large. This also means that if will be a long term project and we can see a lot of progress and benefit for those who are in it at an early stage.  You can take an example of a multinational company expanding its offices world wide.

It's good to hear thar this project is not just focusing on one's country only but targeted to expand in many country it will be nice that many country can be helped by this project its good to know that there's a project like this

Hurry up guys put some order since eth are continuous increasing its value, you will feel like discounted and you will be getting high profit after ico. You do not need to missed it out like bitcoin.

where are the latest news?

Twitter of Suncontract?  or slack?

https://twitter.com/sun_contract

There are some matters to get it done, not easy to do it and many people should be involved as well. But, we hope SunContract project going through those problems smoothly and penetrate to many countries.
I'm glad to know that SunContract token sale details has been released and wait for purchase the tokens
I would like to put it here :

TheToken Sale details  
The contribution period will begin on June 28th and will last 4 weeks until July 25th. The Tokensale participants can contribute by sending Ether to the designated address.
By doing so, contributors create SNC tokens at the following rates:
  
First week (from June 28th to July 4th) 11.500 SNC per ETH;
Second week (from July 5th to July 11th) 11.000 SNC per ETH;
Third week (from July 12th to July 18th) 10.500 SNC per ETH;
Fourth week (from July 19th to July 25th) 10.000 SNC per ETH;

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.


 

Hi,

can you elaborate a bit in which country do you live that you have such a system? Who is responsible for building up the system and maintaining it? Who can sell energy? Which licence(s) do you need? How trading with energy works in your country?

We have already legal advisors who will help us with legal issues in different countries. And we plan to hire more after ICO. If you look down our plan how funds will be used then you can see quite big portion will be allocated for legal matters just to resolve different kind of problems

Which I understand this project requires a lot of experts and developers who are already willing to cooperate with developers, so they will be bound by an official contract. I have some questions, this requires legality of the country because this is no longer a small scale industry. Demand will only be understood by some crypto societies, but many other societies do not dare to shift the attention of existing conventional systems, I think if suncontract is successful, it still takes several long years to apply globally.

The project seems to be very promising for the future. The energy market will be much more important as clean energy will replace the traditional chemical material. I will buy some tokens if I can.

It seems the project has some problems in principle level.

First of all, middlemen often do not complish their jobs without getting their bills. Uaually they are responsible for building and maintaining a huge line system to transport electricity. Profits earned by middlemen are often used to subsidize these expenses. In the ecology model of your project, where users and power producers can find their own positions, then where are the middlemen and electricity lines developers and maintainers? Without this side, your project is not likely to succeed.

Second, there is a huge difference between an electric pool and an intelligent contract, not anything that can be done with an intelligent contract. Intelligent contracts can only establish the relationship between producers and consumers, establish the relationship between payment and supply and pay, but can not ensure their complete matching, but also can not guarantee other things. Unfortunately, electricity can not be preserved, and some special and even clumsy methods have to be used to ensure the balance of power supply and demand. Therefore, the design, construction and maintenance of the power pool  is the problem.

Third, the existing power system is complex and still doesn't solve the problem well. Your project doesn't seem to have anything new to make the system better. It is not reliable to build a more complex system through an intelligent contract based on this laborious old power system, not to mention the construction of an intelligent contract that does not have large-scale applications for the time being.

FOB

Great coin with great picture.

FUTURE ON BETTER or FOB

Solar is the future. Without Sun there wouldn't be any coal or any other fuels, or so to speak any life.

I highly recommend reading
http://waitbutwhy.com/2015/06/the-deal-with-solar.html
http://waitbutwhy.com/2015/06/how-tesla-will-change-your-life.html

And SunContract comes in here with automating things as much as possible, cutting middleman, and thus lowering energy costs.

Yeah by harnessing the energy that nature has provided is a good idea, humans just need to manage it well and properly and it will have a good impact on maintaining the natural ecosystem to care for the earth. This is a very good project.

The idea initiated by SunContract is very useful of this modern era, they provide solutions to one of the problems often faced by humans in this world that is how to utilize the various energies that have been provided by nature.