Topic: Electrify.Asia ICO Review (Read 13283 times)

Project abonded - dead coin

This project is FRAUD  
https://www.tnp.sg/news/singapore/cancer-stricken-father-gets-only-5000-so-far-out-36000-raised

Project become very shady.
Jun Hasegawa, founder of OMG requested to withdraw his name from this project. Team did not informed about this at all. Head of engineering Sean Eu also left.
Project is not available on GitHub. There is no chance to get on Binance. Project did not pass verification. People are constantly lied on telegram chat. Milestones are always delayed. CEO requires blind trust. Not to mention project dropped from 192th place in CMC to 710th place.

Electrify: The Next Charge
https://electrify.asia/2019/05/02/electrify-the-next-charge/

The end of a fruitful meeting, the beginning of a new chapter: Martin, Zhiwei and Julius meets SEDA, Malaysia’s Sustainable Energy Development Authority

Singapore's energy marketplace Electrify raises investment from Japan's utility firm
https://e27.co/electricity-marketplace-electrify-gets-funding-japans-utility-company-tepco-20181107/

Power Update #4—August 2018

Like a burst of electrons in the grid, the month of August has whizzed by. Electrify is steadily powering up; our team is maturing and expanding, our market learnings are deepening, and our product development continues apace
https://electrify.asia/2018/08/31/power-update-4-august-2018/

https://www.youtube.com/watch?v=V_dA-wLnPcs&feature=youtu.be
⚡Current Affairs - Episode 5 | Electrify Asia

Tokenomics Time! In this video, Martin Lim (COO) describes the usage and utility of the ELEC token and how it supports Electrify's peer-to-peer energy trading platform.

As some country still has a problem with the availability of electricity.
I think the project can be one of many solution to fix the electricity problem.

Some interesting videos:

The Crypto Lark: https://youtube.com/watch?v=pT9qEUVg9W4&feature=youtu.be

In Korea: https://youtube.com/watch?v=IZPyCQ9ls14

Hong Kong is an ideal candidate for homes and businesses to sell renewable power to the grid, says energy trading start-up Electrify https://www.scmp.com/business/companies/article/2156330/hong-kong-ideal-candidate-homes-and-businesses-sell-renewable

Electrify, a (Singapore-registered) P2P energy trading platform looking to expand across Asia and beyond. Aiming to reduce energy costs, it's different to similar schemes in that it aims to trade power on the main grid, rather than focusing on microgrids. We chatted to Lim about some of the technical and relationship-building challenges involved, and the usefulness of blockchain tech in making it work.

⚡Current Affairs - Episode 3 | Electrify Asia
https://www.youtube.com/watch?v=h7-FgFup3mQ&t=1s

This episode of ⚡Current Affairs features our great Caesar/CEO, Julius Tan, as well as a new face that you’ll be seeing more of. Say hello to Cheng Zhi Wei, our Head of Product and Strategy. Having spent years as an energy consultant, Zhi Wei has deep domain experience with electricity markets in APAC, Europe, and North America. The two discuss important energy trends in the near and long term future, and how Electrify can step in to optimize electricity markets as well as expedite the decentralization of the industry in a way that benefits all parties. Inclusion, not disruption, is the name of the game. Check it out!

I really liked the original idea of ??this project, hopefully the team can apply it carefully.

⚡Current Affairs - Episode 2 | Electrify Asia https://www.youtube.com/watch?v=g10GAGQ7DVI&t=10s

In this episode of Current Affairs, we’re introducing Sean and Anjana, our beloved geeks-in-residence from the tenacious tech team. The two talk about what they have been up to, what makes them tick, what keeps them up at night. They discuss June’s completion of the SYNERGY proof-of-concept as well as give a little tease about the alpha and what else to expect in the coming quarters as we ramp up our ambitions. As far as the roadmap goes, the tech team is well on track and making good progress. Please continue to give them your support and encouragement!

Electricity is a global need, so taking it as a business is really a great choice.
In the future the need of Electricity will keep on increasing.

Tribe Talk 01: Seoul
https://www.meetup.com/ru-RU/Electrify-Asia/events/252461662/
Electrify.Asia, having built Southeast-Asia's first electricity marketplace, will be making our entrance in Korea for the very first time and we'd like you to join us for chicmaek (chicken and beer), as we discuss about our project and future plans.

Singaporean companies save 30% on electricity costs through the Blockchain

https://taiwannews.com.tw/en/news/3469270

Japan’s TAKE Energy Corporation Brings ELECTRIFY’s SYNERGY Platform and PowerPod to Kyushu

https://electrify.asia/2018/06/25/japans-take-energy-corporation-brings-electrifys-synergy-platform-and-powerpod-to-kyushu/

"Following the partnership with TEPCO, Both agreements now cover two out of eight regions in Japan including the metropolis of Tokyo, ELECTRIFY is well-positioned for expansion into Japan in the later half of the year. and potentially serve over a third of the Japanese population across central and southwestern Japan"

Electrify’s eyes and ears. https://medium.com/electrifyasia/electrifys-eyes-and-ears-56e5f778bf97
If there’s one key differentiator between Electrify and another energy startup, it’s the scale of our ambitions. To wit, the development of a P2P energy trading framework that will be deployed over a main grid — Synergy. And the basic enabler of Synergy will be the PowerPod, our IoT communications device.

Befriending Goliath



History is filled with tales of the little guy taking on giants. We cheered when Average Joe’s beat Globo Gym and gave roaring applause when Leicester City won the Premier League (anyone but City, really). Underdog stories are the most compelling.
https://medium.com/electrifyasia/befriending-goliath-599a2363a413

Listing on IDAX (June 12)
https://coindar.org/en/event/electrifyasia-elec-listing-on-idax-10571

Announcements Listing !!!

Electrify Asia (ELEC) will be listing on Kyber Network

https://twitter.com/KyberNetwork/status/1004036251085783040

Congratualation

Wish you very happy trading !

Hello Electrify.Asia believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Electrify.Asia at: https://cointopper.com/coin/electrifyasia

Constructive criticisms are always welcome at CoinTopper.  Thank you!!

Electrify.Asia (ELEC) Receives Accolades During Visit To Japan

https://oracletimes.com/electrify-asia-elec-receives-accolades-during-his-visit-to-japan

China’s Narada partners with Electrify to roll out Smart Electricity Solutions across APAC.

https://medium.com/@electrify/chinas-narada-partners-with-electrify-to-roll-out-smart-electricity-solutions-across-apac-8ef2c9122107

A Power Update



ELECTRIFY — Southeast Asia’s first electricity marketplace — was founded in March 2017 by two senior executives from the electricity industry: Julius Tan and Martin Lim. This marketplace makes it faster and easier for both business and residential consumers to compare, select and transact electricity contracts through greater transparency and astute use of internet and e-commerce technologies.

In the past 12 months, we had transacted over 60GWh of electricity, representing a GMV of over S$10M, through our cloud-based platform.

At second half 2017, we started scoping growth plans and a radical upgrade of our platform through the use of blockchain. We embarked on an ambitious project to take complex electricity contracts and execute them on the Ethereum blockchain through the use of smart contracts, on a framework called Marketplace 2.0. Subsequently, we designed a scalable peer-to-peer (P2P) energy trading platform, called Synergy, that would operate across a nation-wide main grid enabled by our own IoT infrastructure, the PowerPod.

We launched an ICO to fund this endeavour, which to date is one of most successful fundraisers in Singapore.

https://medium.com/electrifyasia/a-power-update-36a3957128ae

Electrify’s eyes and ears.
If there’s one key differentiator between Electrify and another energy startup, it’s the scale of our ambitions. To wit, the development of a P2P energy trading framework that will be deployed over a main grid — Synergy. And the basic enabler of Synergy will be the PowerPod, our IoT communications device. https://medium.com/electrifyasia/electrifys-eyes-and-ears-56e5f778bf97

As energy markets evolve, blockchain powers up:

https://www.reuters.com/article/us-blockchain-energy/as-energy-markets-evolve-blockchain-powers-up-idUSKBN1EG0V1

Welcome to another energy project
What is the added value of this project, considering the already existing SunContract, WePower, Power Ledger, Pylon Network..?

It is interesting to listen audio, I invested in the energy project and I think this idea is the fastest to implement.

Electrify Changes The Way You Buy Electricity.
Julius Tan, CEO, Electrify joined Bryan Curtis and Juliette Saly to discuss their new marketplace for electricity, driven by blockchain and liberalization of electricity markets. He explains how blockchain allows for transactions to be tracked and goes into plans for expansion.

https://www.bloomberg.com/news/audio/2018-04-23/electrify-changes-the-way-you-buy-electricity

Top Blockchain Energy Projects - POWR, ELEC, WPR, MWAT, SNC

https://www.youtube.com/watch?v=lSiPkv7pKeE

In case you haven't heard, Electrify.Asia is now a proud member of the Ethereum Community Fund (ECF). Looking forward to contribute further to the ever growing Ethereum Community!

https://medium.com/@EthereumECF/the-ecf-family-is-growing-f9f16b805111

[plasmo in reply to Nicholas Jorgensen]
power ledger has a excellent energy solution but it is a bit differnt from electrify's.

it would be like comparing apples to oranges.

power ledger focuses on micro grids (small towns, apartment blocks, condos, etc) while electrify focuses more on main grids.

with electrify, it is more of a marketplace for retailers/producers.

retailers can list their product on the platform and save on costs due to automation/smart contracts/no middleman/lower tx fees.

energy producers are also able to install a powerpod and start selling their energy production directly to consumers via electrify's marketplace

electrify is also partnering up with omisego to use their ewallet solution. this means users can easily pay for their bills in fiat (cash/card). this means it will be extremely straight forward for the average person to pay their bills. no need to sign up to an exchange, work out the btc rate for this and that, purchase tokens (that might jump or drop in value) to pay bills etc

there will be interesting/useful features such as "auto switch" to cheapest electricity plan, which consumers will love. no more need to research all the time, let the platform work it out for them

also since the omg network will be utilising plasma, a next level scaling solution, tx fees will be extremely low for retailers/producers.

and yep i talked about this with the first time i met with the electrify guys. there's PLENTY of space for everyone in this market space. they said that it wouldn't be a power ledger for all of melbourne and only electrify for sydney etc. it will be a mix of multiple energy solutions working together. that's the future they envisioned

Thanks Stan. Nice to put useful info in this thread.

Initially, at the time of the ICO they sold 50% of all tokens for 0.08$.
So 375 000 000 x 0.08 = 30 Millions US$ (total hard cap) No bonus for early investors. Everyone paid the same price.

There was so much demand that they had to make a lottery for the last 10k investors, taking only 3k more people to be allowed to participate in the ICO. I wasn't lucky and couldn't participate in the ICO. But bought on the market as soon as it came out.

Announcing the highly anticipated Electrify Airdrop!

We will be issuing free ELEC tokens to OMG token holders.

Dates and details will be announced LIVE in the AMA with Jun this Friday!

► http://via.electrifyasia.io/reddit

At the moment, how much of the Electrify coin has been sold?
Cause I've check in the website, there's no information about it.

Some countries have issues with electricity.
Increasing the service on electricity will become a major need in area that having those issues, and I think this project can become a solution for that issue.

Great idea and great project. Hopeful this project will be successful.  I'm waiting for good news and a bright future!

My pleasure. Great team, awesome project. Future is bright. 

Thank you Amalgamus for the Channel News Asia Money Mind piece and also your previous post re: the purpose of an ICO. In the Money Mind segment it was great to see Julius equally featured with the other spokespeople and to hear him talking about an energy share economy...then followed at the end by Assistant Chief Executive Energy Market Authority, Soh Sai Bor cautiously calling Electrify's P2P Energy Trading Market place "nascent". That just makes me more excited for Electrify Asia's future and I'm rooting for success!

Catch Julius as he shares his thoughts on Episode 4 of Channel NewsAsia's Money Mind!

Rerun timings for the episode air tonight, Monday, at 9.30pm and 12.30am SGT on Channel NewsAsia.

https://www.channelnewsasia.com/news/video-on-demand/moneymind

More honest ICO around:

plasmo, [23.04.18 13:23]
[Forwarded from The Martinator ⚡️]
At the risk of sounding like I've given in to hubris, please let's pause a little about all this talk of investment.

Please do scroll up and have a look at what I'd posted earlier on the value of our tokens and the purpose of an ICO.

And ICO was initially a mechanism for a startup to raise funds through crowdfunding. The high risk nature of crowdfunding and the decoupling from equity is compensated by the contributor having quick and easy liquidity through a third party, i.e. an exchange, or any other party expressing an interest--like an OTC exchange like Etherdelta.

The ICO was also a means for the startup to garner support and build a community who would be interested in the project for its merits, not necessarily how much they can make off the tokens.

If a project was just concerned about making an investment, they would have just gone to large pools, whales and institutional investors and closed everything at a Presale.

While we were badly oversubscribed even at Presale, we stuck to our guns and kept a full third of our token distribution available for the Tribe. We even turned down most of the offers at Presale for strategic contributors who would be able to contribute to the growth and well-being of the project and our Tribe.

Vitalik spoke about the dangers of ICOs because:

a) Contributors confuse themselves with investors and constantly harp on when the tokens will "moon" when the startup's founders really have no ability to make those promises

b) Too many ICOs have had their tokens pumped and manipulated unscrupulously leading to too many uninformed, unqualified and misled "investors" getting burned

With the guidance and advice we got from our advisors, we designed our ICO to stay as true to the foundation of fundraising spirit as possible:

a) No bonuses
b) No bounties
c) No advertising spending

In fact we'd deliberately escewed any blatant activity to "elevate" the value of the token, in and of itself.

We do not speak about exchanges, to avoid any overt act of "FOMO", we do not attempt in any way to "pump" the tokens and we most certainly do not tout our tokens as an "investment".

What we do deliver are progress reports of what we have managed to achieve, as eager founders, about the connections we've made and the progress we've achieved, as an when we've achieved them.

We do this without any sense of hubris and genuinely from the position that out Tribe deserves to know what the project they supported is up to; that the faith our Tribe has placed in us isn't unfounded.

Trust me when is say this: if the Electrify Team was focused on "investments" and "marketing", things would have gone very differently. We were so heavily oversubscribed, we could have just succumbed and "taken the money". But we stayed true to our principles and our Tribe, and took the harder road.

Compare Electricity Online with ELECTRIFY.SG: https://www.youtube.com/watch?v=RP5qupxGAlI

http://boards.4chan.org/biz/thread/9041914

What is Electrify Asia and how will it revolutionise the energy world: https://oracletimes.com/what-is-electrify-asia-and-how-will-it-revolutionise-the-energy-world/

Good project and must join airdrop.

https://medium.com/electrifyasia/working-on-research-and-development-9e8ec9e96b84

Copy/paste from Telegram:

Tom Thompson, [19.04.18 15:27]
[In reply to H.]
Here you go:

* Electrify Asia is creating a decentralized marketplace for energy in Asia.
* Will help both consumers and producers. More choice. More savings. More transparency. Less barriers for alternative energy sources.
* Builds on an existing business running successfully since March 2017.
* Already working product that has produced $4 million since being in business.
* Based in Singapore, the place for innovative blockchain projects. One of the most crypto friendly countries.
* Marketplace will feature commercial retail contracts, p2p energy and conventional providers.
* The ELEC token will allow the producers and retailers to access Electrify Asia’s ecosystem. Retailers and producers will be required to stake their ELEC as a deposit to offer their energy in the marketplace. Transaction fees will also be paid by energy providers using the ELEC token for the usage of Electrify Asia’s smart contract platform.
* Distributed ledger technology will allow every participant to have an identical copy of their contract details, monthly or periodic energy usage, settlement details and energy fees.
* Decentralizes a heavily centralized utility marketplace. Will transform the industry. This is exactly what blockchain projects should be doing.
* Practical use case.
* Will expand to Philippines, Japan, Vietnam and Australia.

Other stuff

* CEO, Julius Tan, was featured in Forbes 30 under 30 in Asia.
* Founder of OmiseGo, Jun Hasegawa is an advisor. Jun will be assisting with direction on blockchain scalability and payment solutions for Electrify Asia.
* "Reason why I’m confident this project, because Electrify has real business going on and that indicate real world business that bring real value to consumer level. Also there is significant requirement of scalability which what OmiseGO solving with Plasma " - Jun Hasegawa, founder of OmiseGo
* Jeffrey Char, head of blockchain initiatives at TEPCO (biggest Electric company in Japan) is an advisor.
* Martin Lim (COO) is constantly putting himself out there, doing interviews and going to conferences.
* Power Ledger of Asia to put it in simple terms. Power Ledger is Australia only and is 6x the market cap of ELEC.
* ICO went extremely smooth and handled well.
+ Active community, 10k members in the telegram group with Martin Lim (COO) and even Jun Hasegawa (founder of Omisego) joining in occasionally.
* Still cheap and early as hell.

New business partners in Japan: https://www.youtube.com/watch?v=zeXaDeeRXRs&feature=youtu.be

https://eventhorizon2018.com/
Jeffrey Char from Tepco and Electrify Asia's advisor will be speaker in this event.
Also, Martin Lim will will present Electrify Asia business model and innovative solutions among some other 40 start-ups.
Venue in Berlin from the 17th to 19th of April;

The ecosystem is built for the benefit of the public and should be owned by the community through ownership of ELEC tokens. The rules set in the ELECTRIFY ecosystem below are designed to promote these objectives:
Electricity retailers and distributed energy producers (Energy Providers) will be required to stake their ELEC token as deposit to participate and offer their energy onto the marketplace. This helps to promote ownership of the ecosystem and disincentives fraudulent activities.
Transaction fees will be paid by Energy Providers in the ELEC token for the   usage of Electrify’s smart contract platform   
Consumers will receive loyalty rewards based on the ELEC token via a tiered model, corresponding to their duration of usage of the platform and the amount of ELEC tokens they own.

You are doing a great job! Have a nice day for the project

The Martinator ⚡️, [14.04.18 03:17]
[In reply to Felix Chia]
That's hard to say. We're only scratching the tip of the iceberg.
On the last trip to Tokyo, I was there 2 and a half weeks and almost every day I was having meetings with energy companies, asset owners and even Nomura Securities, one of the biggest financial houses in the world.

The Martinator ⚡️, [14.04.18 03:27]
We're focusing on Japan now... And even at the nascent stage, we're gather so much interest.
TEPCO will be our "big brother" for that market.

Peels, [14.04.18 03:27]
Were not all moonkids here Martin! Thank you for the updates and information 👍

The Martinator ⚡️, [14.04.18 03:27]
We're also talking to a couple of other big players in the retail electricity space there to deploy our other solutions... Like Fibonacci, the dynamic pricing engine

The Martinator ⚡️, [14.04.18 03:28]
So let's say we get some small gains in Japan... Where a reduction in revenue will drive producers to adopt Synergy

Now imagine this...
Every other renewable asset owner in the world...
Every solar farm.
Every wind farm.
Every factory rooftop.
Every body who has a rooftop that has a solar panel.
Anyone with a biomass generator...
They all find out that Synergy can allow them to sell power directly P2P, recover capex faster, reduce opex...
How much of a market is that, guys?
How much do you want to moon?

The Martinator ⚡️, [14.04.18 03:31]
And that's why we don't even talk about the moon

D, [14.04.18 03:32]
100%?

The Martinator ⚡️, [14.04.18 03:32]
And beyond just the earning potential of the business... Think what this means for renewable energy on the whole...

Jordan, [14.04.18 03:32]
i see allot more ppl have soloar panels

Jordan, [14.04.18 03:32]
espicially in cali

The Martinator ⚡️, [14.04.18 03:33]
There will be more interest... More development, more research... All because, as #Vitalik had said before, there's an economic incentive for good behaviour

Felix Chia, [14.04.18 03:34]
How much does an average household produce using Solar panels etc, is it enough for them to sell after producing for themselves?

The Martinator ⚡️, [14.04.18 03:34]
That depends on the size of the panel and their own consumption.
But generally yes.

Felix Chia, [14.04.18 03:34]
Nice

The Martinator ⚡️, [14.04.18 03:34]
Because a household consumption profile is inverse of a normal load profile

The Martinator ⚡️, [14.04.18 03:35]
What that means is this:

The Martinator ⚡️, [14.04.18 03:36]
In the day when you're producing power at home, you're not there to use it!
Someone else running an office can buy that from you to offset his consumption and save on his power bill, since day prices are higher anyway

The Martinator ⚡️, [14.04.18 03:09]
The energy market in Japan is in flux. Post-Fukushima, nuclear power was very rapid phased out.
Govt provided a lot of incentives to build new power assets, a lot of it solar.
Key to this was the Feed In Tariff (FIT)

The Martinator ⚡️, [14.04.18 03:10]
A FIT is like a bonus that the govt pays on every unit of energy generated. It's extra revenue for the asset owner and made the projects very lucrative

The Martinator ⚡️, [14.04.18 03:10]
But FITs end in 2019

The Martinator ⚡️, [14.04.18 03:11]
So imagine a whole country... Where every solar farm operator used to receive an extra bonus... Suddenly that's cut off

The Martinator ⚡️, [14.04.18 03:11]
They're back to relying on selling their power to the big boys, likely settling at a wholesale price...

[Exclusive] Singapore blockchain firm ELECTRIFY takes major step to bring its P2P electricity marketplace to Japan: https://e27.co/exclusive-singapore-startup-using-blockchain-build-p2p-electricity-marketplace-inks-major-mou-20180413/

ELECTRIFY: Supporting Communities
https://medium.com/electrifyasia/electrify-supporting-communities-2a4c9f50a29a

ELECTRIFY is driven by a fundamental desire to create bonds between communities and delivering value to the same. We started out as Singapore’s first retail electricity marketplace and are now Southeast Asia’s first such platform. We’re bringing electricity retail into the blockchain era through the use of smart contracts in electricity plans and peer-to-peer energy trading on a city-wide scale.

The benefits of transparency and traceability, along with the efficiencies of smart contract processing, will benefit communities far and wide as we look to grow our ELECTRIFY Tribe to bring about a more dynamic and robust energy future.

With the values deeply engrained in our DNA, we’re proud to have been invited to participate and contribute to two very prominent events in the blockchain space, announced this week.

First, the launch of NEUTRINO, a co-working space initiative that’s been developed jointly by OmiseGO and Global Brain Corporation. One is a brilliant example of a leading blockchain project that’s leading Plasma development for Ethereum, and the other is one of Japan’s leading venture capital funds.

NEUTRINO was born out of the experiences many blockchain companies suffer today: the lack of blockchain engineers around a nexus of information sharing. The blockchain industry is a rapidly expanding space but the availability of good developer talent is scarce. NEUTRINO will support and nurture this community by creating a blockchain-focused co-working space that’s Asia-centric. Their first space will be a 290sqm space in the heart of Shibuya, Tokyo.

ELECTRIFY is proud to be one of the founding sponsors for this exciting new initiative. Housing OmiseGO’s office, ELECTRIFY will also be making NEUTRINO its home away from home. This venue will form the basis for a global information exchange hub for blockchain development that will expand into Asia and beyond. This will also be ground zero for ELECTRIFY’s expansion plans in Japan’s electricity market! Hit up http://neutrino.tokyo for more information.

The second piece of news revolves around the launch of the new Ethereum Community Fund, which was announced on 7 March 2018. This $100M fund will provide much-needed funding and connectivity for projects that will pave the way to a better future for the Ethereum community. The ECF grants will be made available for projects developing solutions in sharding, scalabilty and security. But more than just a free handout, the ECF will also provide technical advisory, mentorship and a stronger access to a network which allows the best blockchain projects to showcase their innovations and collaborate in development.

ELECTRIFY is honoured to be one of the Founding Contributors to the Ethereum Community Fund, alongside other founders such as OmiseGo, Golem, Cosmos, Raiden Global Brain and Maker. Through this, we hope to be able to make a significant contribution to the future of Ethereum and blockchain development as a whole. The ECF will go a long way to encouraging and developing more needed services and solutions for the Ethereum community, taking yet another step towards making blockchain accessible to millions of people around the world.

Decentralisation and democratisation is core to the concept of a blockchain. And none of what we do can be possible without the support of our Ethereum communities; none of what ELECTRIFY is trying to do would be achievable without the support of our ELECTRIFY Tribe. Through these developments, we hope to be able to do our own small part to contribute and support the Ethereum community at large.

Impressive project, especially now that they are actually operating. There is a very little information about the  dev team.

Looks like a cool project. Team is based out of Singapore.

Excited to see how this progresses. A lot of big things in the short term, being bully on it

Electrify.Asia(ELEC) gets listed on KuCoin!

1.ELEC deposits and withdrawal: 20:00 Mar 19, 2018 (UTC+8)
2.ELEC trading: 22:00 Mar 19, 2018 (UTC+8)

Tomorrow the will be the first Elastos meetup and Panda Green Energy Exchange is going to be there. Do you have any connections with them?   

I was wondering why people started selling ELEC on IDEX will such a low profit. Personally, I don't like flipper's attitude, especially when you talk about such a great project. The team is well experienced, big partnerships, this is a long-term hold. I wish Electrify.Asia all the best)

Let's hope for the third opening of the listing. And so is roughly the analogue of wepower, only the price of the token is more interesting.

The moment you all have been waiting for!!
We are in Coinmarketcap! =D

Some gains versus eth price already!

You can now add Electrify.Asia (ELEC) coins to your CoinCodex portfolio!

Well, i am just an small investor. Just contributed to ICO (it´s happening now).
OMG CEO was the main reason for my decison to take part on the ICO...

I believe that for every project 3 things are important: Team, General Idea, Hype.
Well they were luck to get OMG CEO on their team.... Although the team is very young, i think they are well guided. OMG is close to Vitalik...  Team ok.

OMG is the most hyped coin out there, 1,5 billion USD for a whitepaper... Hype Ok.

The idea is good too, decentralized energy is good topic... there is an existing company, electrify too. It´s a new company, one year on the market...
Anyway, I think we can make a few bucks with this project =D

About roadmap, i suggest reading the white paper (very small)
https://res.cloudinary.com/electrify/raw/upload/v1519032263/ELECTRIFY_ICO_White_Paper_v1.8.2.4.pdf

Just copied a few parts from the whitepaper:


60% of the world’s population lives in Asia and almost half of this population live in cities; and they’re all connected to central power grids. Japan liberalised its power grid in 2016, China has done so in parts and Singapore will be the first in Southeast-Asia. As more countries liberalize their electricity markets, consumers will get greater choice in choosing their electricity retailers and the way they want to consume energy.

However centralised electricity systems are lagging in innovations and alternatives. Solutions like renewable energy and peer-to-peer energy trading are still not prevalent. Without access to alternatives, consumers are not getting the choices they deserve.
ELECTRIFY will enable the decentralisation of power production and bring the power of choice to the consumer. We aim to build a better electricity network, and it starts with an intelligent energy ecosystem

EXISTING BUSINESS
Electrify was Founded by two senior executives from the Singaporean energy industry in early 2017

ELECTRIFY’s existing marketplace business model will be transformed into the ELECTRIFY  Marketplace 2.0 , ensuring a legitimate use case for the
ELEC  token. With the upcoming liberalisation of the energy market across Asia, Marketplace 2.0 will be enhanced to host retail electricity smart contracts and provide homeowners an avenue to browse and purchase electricity from a retailer or a small-scale energy producers.

ELEC USAGE
• Listing deposits for energy producers and retailers to access Electrify’s ecosystem
• Transaction fees paid by Energy Providers to Electrify
• Loyalty rewards for consumers

ROADMAP
MAR 2017 LAUNCHED ELECTRIFY.SG
OUT 2017 TRANSACTION VOLUME > S$5M
FEB  2018 ELEC TOKEN MAIN SALE
Q3   2018 BETA LAUNCH ELECTRIFY MARKETPLACE 2.0&  eWALLET  
Q4   2018 BETA LAUNCH SYNERGY & POWERPOD
       2019 EXPANSION INTO THE PHILIPPINES, AUSTRALIA

This is where I absolutely agree with you. What else you can say about this project for us? I really think about invest to this token, but I don't think so. Can founders add more information about this project? In particular, I would like to see full detail roadmap from founders. Thanks!

ELECTRIFY ASIA Smart Contract Address https://www.youtube.com/watch?v=CmyyWpUA5h8

Electrify Asia Smart Contract Address preview. Official Token Sale will commence at 9:00PM (GMT +8) on 23 February 2018. Do remember to verify the smart contract address on our official platforms before sending your Ethers to avoid scams.

Electrify Asia Tokensale opens tomorrow! More information here on official article.

https://medium.com/electrifyasia/electrify-asia-token-sale-cd94f5ed0f53

Phishing Awareness: Be vigilant!
https://medium.com/electrifyasia/phishing-awareness-be-vigilant-20a8d3b016c4

No, i am just a investor... I agree with the ANN thread.
I just suggested in their telegram.

They have a very active community in telegram.
They answered me that they decided to keep focus on telegram only =/

Are you in any way part of this? they should at least create their official ANN thread here. There are a lot of Asians here already, so they might benefit on this kind of service.

Great Project.

OmiseGO CEO will be advisor. This could be big

Video Review: https://www.youtube.com/watch?v=kt20bOw9JiM&feature=youtu.be


ELECTRIFY is the first retail electricity marketplace in Southeast-Asia addressing the need for transparency and security in the consumption of energy.

https://electrify.asia/#home

This is an interesting idea and will do some further research as this project could be a diamond in the rough!
They do have a Telegram group: https://telegram.me/electrifyasia

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