We are introducing a decentralized energy market project that utilizes Ethereum blockchain technology to create a new business model for buying and selling electricity THE 5T's and THE 5D'sSunContract's business model joins together the best features of blockchain technology ... THE 5T: TRUST | TRANSPARENCY | TRACEABILITY | TIME STAMP | TRANSACTION and renewable energy THE 5D: DIGITALIZATION | DECARBONIZATION | DEREGULATION | DECENTRALIZATION | DEMOCRATIZATION ... to create entirely new services that will revolutionize the existing market. A
decentralized energy market on the blockchain is just the first step of transforming energy
distribution grid services in the future and will be followed by
grid-flow optimization services,
demand response services etc.
How it works The SunContract is a platform that directly connects energy producers and consumers into an
energy pool based on smart contracts. The blockchain takes over the role of the middleman
as a trusted technology infrastructure. Blockchain technologies are implemented into existing energy distribution systems without previously changing the general energy regulatory framework.
We already developed a pilot project for use on a national level. On April 1st, live trading with energy started in Slovenia as a first open energy market. The first customers on the SunContract platform are called Pioneers and are a valuable feedback for further expansion of services and improvement of customer experience. Expected expansion will happen in 2019 with priority in EU markets due to similar regulation across the European Union.
Vision The SunContract's vision is to support the global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNC tokens,
one can buy electricity through the SunContract Energy Pool or different services already available in some countries.
Token economics More about SNC token:
https://suncontract.org/snc-token/At the token sale, we issued SNC Ethereum based (ERC20) tokens. By specifying the amount of supply, we created a closed ecosystem with a finite number of tokens. SNC token is used
as the only currency for purchases of energy services like electricity, solar power plants, heat pumps, IR panels etc. on the SunContract platform.
AVAILABLE EXCHANGES: Huobi, HitBTC, Kriptomat, Yobit.net
Opportunity The energy sector is a multi-trillion $ market. Our focus will be to constantly increase the real life use cases for SNC tokens.
Cutting out the retailers and diminishing the dependence on distribution service operators contributes to the competitiveness of electricity prices, which is making SunContract more attractive for
customers. The volume of electricity traded in the SunContract Energy Pool will increase also by utilizing energy storage. It is an opportunity with the potential to reward all participants;
the consumer is rewarded with lower costs and cleaner energy, while producers are rewarded with better compensation for the electricity they produce.
Social Channels TWITTER----LINKEDIN----FACEBOOK----REDDIT----TELEGRAM BLOG Media Nasdaq about the platform release Cointelegraph about the platform release Market Exclusive about the platform release STA-report from the platform Launch event Cryptoworld: SunContract and Moneyrebel partnership Energetika about global expansion of SunContract Cryptoglobalist about SNC token CCN about the token sale Finance - Slovenian language
More about SunContract VIDEO: Launch of the SunContract platform April 13th Fiat Gateway on the horizon Example from the practice: Electricity price on the platform are lower than what you are used to VIDEO WITH SUBTITLES: SunContract CEO Gregor Novak on Slovenian TV VIDEO with BitGosu Influencer VIDEO of Crypto Review Central about SunContract