It seems the project has some problems in principle level.
First of all, middlemen often do not pay for their jobs without paying their bills. 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, but can not ensure their complete matching, but also can not guarantee other. Unfortunately, electricity can not be preserved, and some special and even stupid methods must 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.
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