Topic: [ICO][ANN]⚡🌍 ApolloChain - disintermediary energy trading platform ⚡🌍 - page 4. (Read 1090 times)

Progress Update — May I
Dear all,

Since our project started, we have accumulated many lovely followers on each of our main social media channel. We can’t appreciate more, and hope you guys could keep following and supporting our project. Isn’t it very much fun to grow with an equally fun project?

Here are the updates in the last few weeks:

PRE-SALE!
From 05 May to 15 June, ApolloChain has the presale on its official website: www.apollochain.io with the following prices:

1 BTC = 33,000 APL | 1 ETH = 2,300 APL | 1 SKY = 85 APL

Our Soft cap is $500,000 and Hard cap $1,000,000

The APL will have an issuing price of USD 0.5 once its on the Exchange. Hope to see your support on our PRESALE!

EXCHANGE!
We have successfully signed the listing agreements with 2 Exchanges. For more details, please the check the following 2 photos:
We are also in discussion with some other exchanges, so please do stay tuned for more exciting activities and collaborations.

PRIVATE FUNDING vs PRE/ICO
Energy industry projects are commonly heavily funded. Accordingly, the Pre/ICO means much more on marketing & advertising aspect instead of raising funds.

Last week we further deepened our budget estimation and finalised our token allocations to private funds. Our “private-fund-meet-up” has already activated and we welcome any interested investors to discuss with us. Please kindly send your email to: [email protected]

Yours

ApolloChain Team

ApolloChain ICO Aims To Raise Funds For A Smart Contract-Based Energy Trading Platform

As climate change becomes a larger threat to our planet each day, individuals and countries are finally starting to pay attention and make changes in how we consume energy.
Since the industrial revolution, the power industry has largely been held by monopolies in regulated markets. Throughout history and even up to the present, most people haven’t had the freedom to choose which power company to support, because there’s only one option available that controls the entire market in their area.
However, this status quo has been changing as countries and states increasingly move to deregulate their energy markets. So far, approximately 35 nations have either completely deregulated or are in the process of deregulating — combined, these nations account for about 44% of generated power in the world. Among these deregulated countries are Australia, most of Europe, Canada, and parts of the US. We should continue to see other countries follow suit and break up their energy monopolies in the future.
Another trend that’s occurring is the rapid move to renewable energy sources such as solar and wind power. This means people around the world are finally getting choices, not only in which power company to use, but also the types of power sources they wish to power their homes with.
A new blockchain company, ApolloChain, has noticed these trends and is working to take the decentralization of the energy industry even further. ApolloChain is in the process of building a completely decentralized energy trading platform based on smart contracts that has the potential to revolutionize how people power their homes.

The Future of the Energy Industry
Renewable energy is quickly becoming one of the fastest growing industries in the entire world.
In fact, over the next 2 decades, renewable energy sources are set to take over fossil fuels in a big way. According to research conducted by KPMG, solar energy usage in particular is expected to jump 330% worldwide by 2040.

ApolloChain’s Mission To Decentralize Energy
As the world continues moving towards deregulation and alternative power sources, it makes perfect sense to further decentralize the energy industry using blockchain technology. This is exactly what ApolloChain is setting out to do.
Built on the Skycoin “Fiber” platform, ApolloChain is a new energy trading platform where users can trade renewable power directly with each other. Their smart grid will combine IoT, AI, and blockchain technology to create what they call “the energy internet.”
ApolloChain will allow energy generators, wholesalers, institutional, and individual electricity consumers to directly transact with one another. This results in weakened centralized trading costs and avoids losses on government prices.
This project also benefits power stations in a big way. ApolloChain enables power stations to obtain electricity crowdfunding, which means they can raise funding liquidity before they even begin constructing their power station.
ApolloChain has the potential to further deregulate and decentralize the energy industry all over the world. Their platform will also allow people to decrease their dependence on fossil fuels and make the switch to renewable energy sources instead.

The ApolloChain Ecosystem
The main component of ApolloChain is their energy trading platform built on blockchain technology. This platform will allow buyers, sellers, and traders of electricity to interact with each other using smart contracts. This means users can conduct business with absolute assurance the parties involved will carry out their end of the deal automatically.
This image effectively illustrates what ApolloChain’s ecosystem will look like:
ApolloChain users will install “smart meters” in their homes. This intelligent electric meter will track power consumption data as well as power consumption/production behaviors. Based on this data, the smart grid will be able to reduce scheduling costs and instruct power consumers on how to reduce their power usage, lowering their costs even further.
Users will be able to easily view their energy data, interact with their smart meters, and conduct transactions from their smartphones using ApolloChain’s application.

APL: ApolloChain’s Token
ApolloChain has created its own cryptocurrency called Apollo Coin (APL). APL will serve as the electronic proof-of-energy transactions on the smart grid. The amount of APL available in circulation will have a positive correlation with the electricity quantity that is available for trade. This means APL will gradually be unlocked and put into circulation to meet transaction demand.
In addition to being available for trading on exchanges, APL will be used to trade energy between producers and consumers on ApolloChain. Users will be inclined to purchase and hold APL when electricity prices are low on the market, so they can then use it to trade for energy when prices go up. This will help stabilize the demand and price for the APL token in the secondary market.

ICO Details
A total of 100,000,000 APL tokens have been created.
ApolloChain’s pre-ICO is set to run from May 5, 2018 to June 15, 2018. Their soft cap is US$500,000, and the hard cap is US$1 million.
The dates for their ICO will be announced at a later date. The soft cap will be US$8 million and the hard cap will be US$20 million.
According to their whitepaper, APL tokens will be distributed as follows:
40% distributed in ICO
5% for rewarding the community
20% to PR and marketing
30% to founding team
5% to operate Apollo Foundation
Of the 5% going towards community rewards, 2% ($840,000) will be allocated to their bounty campaign that is running from April 25, 2018 to September 1, 2018. Anyone who wishes to participate and promote ApolloChain on Twitter, Facebook, Telegram, and YouTube, and write blogs about the project can join in and be rewarded for their efforts. To learn more, click here.

Conclusion
ApolloChain is putting the power (literally!) in the hands of the people. Their smart grid and smart meter technologies have the potential to revolutionize the energy industry that has largely gone unchanged since its inception.
ApolloChain is still a very new company and has a long journey ahead before their vision is realized. But the team is working diligently to make their dream of decentralized energy a reality.
Excitingly, ApolloChain has plans of a micro-grid pilot project in Australia to put their technology to the test. This project is scheduled to begin soon, during Q3 2018.

EVENT REVIEW — A fun and knowledgeable Q&A session on our Telegram chat group
On 5th May, Apollochain’s core team had a 1 hour Q&A session in our Telegram chat group. Loads of interesting and valuable question & answers were collected. We summarised these contents and would like to share them here, for making you guys have a deeper understanding towards Apollochain. It was also the very first time these electric power experts shared their experience and knowledge.

The following content presents what we had discussed in our Q&A session, where you will find answers from our CEO Craig Nalder, COO Charles Allen, Sales Director Roman Voloshin, and Marketing Operation Prometheus:

What is your feeling about the project so far? When do you plan finishing smart meter engineering? Which month?
Prometheus: so far so good! Everything is going well and we have many things on hand to process. What do you think about this project boss?

Craig: Apollochain is an exciting development. We have an excellent team and the timing is right for energy to participate in the decentralised economy.

Prometheus: As you can see the physical structure of our meter has already finished, though it’s a prototype and we are still doing some commissioning. Another critical thing left is the software like systems and blockchain deployement. We hope to clear things up by the Q4 of 2018.


Hi, Craig. When will Apollochain be on Exchange? And the issuing price?
Craig: We are in negotiation with about 5 exchanges, receiving advice and analysing the best exchange and method of listing. Details will be released as they become available.

Prometheus: Issuing price is going to be USD 0.5/APL

Do you have any strategy to avoid price slump once APL token listed on the first Exchange?
Prometheus: Yes we do. Loads of experts had discussions with us and we do obtained sufficient experience and knowledge to deal with it. Also we are a very “down-to-earth” project, and we believe we are hard to be knocked out.

Craig: APL is a limited supply and release will be gradual with lock up periods for founders. We are working with experienced advisors to implement strategies to retain and grow value. Electricity markets require long term investments and some APL will be used to support infrastructure assets with balance sheet value and 30yr+ life cycles. We are planning to build a long term sustainable business to support structural changes to deregulated energy markets.

Sounds good. But have you ever considered to cover the wholesale market as well?
Craig: This is key. We will link to innovative finance structures to support the development of new generation, participation in wholesale derivative markets and applications to pay retail bills and P2P transactions.

Are you the only project leader of Apollochain?
Craig: Apollochain is supported by an extensive team of experienced technical and market experts with global experience and broad scope. In fact, the four leaders in the Australian team have over 100yrs combined experience in energy development and trading, financial markets and company leadership.

What’s the most beneficial aspect you believe Apollochain would bring to the current energy market?
Craig: Efficiency. Energy markets support layers of inefficient infrastructure and process. The taxi industry in Australia was disrupted by Uber. Licence plates could cost up to $600k each and this constituted a large proportion of taxi fares. Uber created a platform to allow individuals with idle assets to exchange services. We plan to be like the Uber of energy.

How will you manage to realise electricity transmission off the main net? I don’t think solar panels can store too much energy?
Craig: Pilot projects will focus on embedded networks and new property developments. We will move to peer to market transactions and use blockchain to allow crowd funding of generation assets. Apollochain will not replace the grid. The grid is still required to transport utility scale power to existing consumers.

How does your smart meter integrate into the current smart meter system installed by the gov in Aus, will it replace it, or work before it? What if any, obstacles do you see coming from the Aus gov with this project?
Charles: There are basic standards that smart meters much meet which are regulated by the Australian energy market operator. Any additional capabilities can be added on top.

Craig: Energy is considered an essential service and makes up one of the largest industries in the global economy. A platform that allows the decentralised exchange of information relating to energy is a very, very big market.

Charles: Our will meet the basic standards plus include additional feature to all for more customer flexibility.

How are you going to compete with some leading competitors?
Craig: I understand that our current competitors mainly focus on very small embedded networks (trailer parks and retirement homes). We will compete in this small market. But, our focus is to provide access to the wholesale markets, financial markets and access to generation investments.

Charles: There are approximately 7 million meters suitable for the APL approach which is not limited to embedded networks.

Craig: Hyper-liquidity in local markets will sustain the value of APL more than disparate demand from markets with no real use for APL. Speculation is inevitable, particularly in early stages. But, we have a long term vision to support a sustainable market and Australia has many advantages as a launch pad.

(1/2) Will you build your own power plant or look for partners? And who will be able to offer energy on your platform? For example I buy energy on your platform and where I live without power lines, do you support me to install them?
Craig: Apollochain is a platform to facilitate the exchange of energy related information. It will support innovative financial structures to fund power developments, but power development is not our core business.

(2/2) I was more thinking in terms of the supply of ultra cheap power to the business in that location.
Craig: Apollochain will assist in more efficient communication that facilitates better signals for utilising idle assets, time value of energy and providing more efficient investment signals. I.e. better utilisation of existing infrastructure (eg. idle assets like Uber). Technology advances in lower cost renewable energy and storage will only increase liquidity and improve this value proposition.

In real terms, as a power consumer, how long are we looking before I can buy one of your units, have it installed, and benefit from that supply and start trading? 1–2 years? 2–5 years?
Charles: If you are in Australia then 18 months. Sooner for pilot sites.

Roman: Yes. If all starts align it will be sooner.

Investors like myself expect APL to grow in price. How will that happen and what will make it happen in the Apollochain project/business model?
Prometheus: Sure. So at the very beginning, we release tokens for financing purpose but we have no installed capacities on our platform. As the project progressing, the installed capacity of solar power stations on our blockchain shall fulfill the gap.

With more and more users join Apollochain platform, the total APL circulation and the installed capacity at a point of time shall reach to an equilibrium.

After that, you’ll see more installed projects but only a certain number of APL, so value is increasing.

This is the mechanism designed for our token. Well of course our new updates or progress would influence our price once we were on an exchange.

Craig: Good question. People will use Apollochain because it is a more efficient way to buy and sell electricity in deregulated markets. It will succeed for the same reason Uber is more popular than taxis. Apollochain provides a technical platform (smart meters, smart contracts embedded in block chain and a financial market) that people can use to exchange information relating to energy consumption and production directly with each other, directly with the wholesale market and directly with generators.

Currently, we are not aware of any direct competition that is offering all of these services. If there is, it is highly unlikely they have a technical team with as much blockchain experience/success and an energy trading/power development team with as much successful entrepreneurial experience as Apollochain.

Craig: Traditional power grids in developed countries were built over 50yrs ago by Governments using old technologies, centralised generation and little regard for efficiency as pricing was based on a regulated cost plus model. Deregulated markets have developed competitive market structures that allow new models to emerge.

Lower cost of micro-generation (like solar PV), enable the average consumer to now be a producer. Falling battery costs will allow flexible consumption/generation profiles to emerge in response to floating wholesale prices and bilateral markets in deregulated energy markets. However, a platform to enable this exchange hasn’t existed, until now.

Apollochain provides a platform for “prosumers” to access the wholesale market and trade energy information with each other. The decentralised market needs a financial system to support this new market and apollochain has been developed specifically for this purpose. Our smart meters will be equipped with blockchain technology that stores smart contracts enabling real time energy trading to occur.

Thanks Craig, is there a comparison sheet between POWR, WePower and ElectrifyAsia and any other competitors in energy space I don’t know about?
Craig: Our main competitor is the existing centralised market in each jurisdiction. These companies will come and go and provide localised solutions and we welcome competition. Maybe they will utilise our meters and APL to support their business models in the future. We are analysing the business models of these companies and others like Powerledger and LO3. We are adapting the aspects we like as our platform and smart contracts are flexible and capable of implementing a very wide range of market models.

Roman: All of the known programs are based on Micro grid trading between users and small generators by facilitating energy transactions. We on the other hand improving on this model by adding own generation in the mix and being technology agnostic allows us to deliver best outcomes for each geographical location.

Therefor making our platform more stable and financially viable.

-End-

It is a trading platform, but also a platform to raise liquidity (or funds) for people to build their own power station via selling electricity in advance.

We didn't build power plants for people or produce solar panels, but for our pilot project we might need to invest the whole package to test our system.

We of course will have construction partners or device supplier on our platform as well.

💰1 BTC = 33,000 APL
💰1 ETH = 2,300 APL
💰1 SKY = 85 APL

Day 2 - a new progress update is under preparation which will be published on our Medium page soon. You can visit https://medium.com/@apollochain to learn more, and follow us! The gate of presale has already opened up! We can't wait to see all your cool faces! Thanks!

This seems like a great project, let's hope that it will succeed. The team gave me confidence in that department

French ANN Translation:
https://bitcointalksearch.org/topic/icoann-apollochain-plate-forme-de-negoce-denergie-desintermediaire-3559971

French Bounty Translation:
https://bitcointalksearch.org/topic/icoann-apollochain-plate-forme-de-negoce-denergie-desintermediaire-3559971.msg36404858#msg36404858

Managing the energy by using a crowdfunding, that should be able to solve energy issue that occur in several region in the world.
This should be able to replace the system of the old energy distribution.

whether after using this I was able to see market conditions and be able to bet and engage in a rise and fall in coin or token prices
because without it all we will not get big advantage in trading

 So is this an energy trading platform, or are you going to build your own power plants, solar panels in the future???

ATTENTION!!! To our dear followers:
@apollochain just started its very first presale on its official website: http://www.apollochain.io For more details please check the following photo. We hope to see you join and grow with us! Join our telegram: t.me/apollochaingroup

Your project seems to be very promising! I will  support and wait for more details about your progress and hope you’ll achieve your goals.

Thank you for the information, I will read your white paper so that I better understand your project again. I think this project has a bright future and hope you’ll achieve your goals.

telegram -  @baksi888
twitter --https://twitter.com/lyubovkushakova
facebook -- https://www.facebook.com/profile.php?id=100002028549017

At 8am to 9am, Melbourne (Australia) time, our core team members will hold a 1hr Q&A session on telegram (http://t.me/apollochaingroup …). Our pre-sale will  be on 5th May so we hope to help you guys to better understand our project.We sincerely invite you to join us. See you there!

Our second update of April just published! Please take a look and be posted about our project progress. We are making some promotions and marketing activities step by step. Wanna win some free APL?

Progress Update — April II
Dear all,
It’s been quite busy for us since our last update 2 weeks ago. Many things happened, particularly our presentation on Skycoin’s launch conference was quite overwhelming to all of us, which you may find everywhere on our social media channels — indeed we were excited.

Anyhow, below are some updates from our side. Please take a look to it and keep you guys updated:

1 Technical White Paper

By the end of this month or the beginning of May, our complete technical white paper will be published on our official website & telegram .

In general, this WP covers topics like a comprehensive view of world electricity market status-quo, why Australia is a perfect pilot country for trial, how blockchain tech deploys on micro-grids and current retail model, and illustration of how PV station works as well as main construction procedures.

2 Customised Energy Consumption Scenario

Delivering a customised energy consumption plan based on an end-user’s electricity consumption habit is our ultimate goal. However, how to realise such highly smart grid while secure people’s data and their privacy via blockchain tech is a complex process. These 2 weeks, we have been working on studying them and trying to deepen their content in our technical WP.

3 APL Wallet &……AIRDROP!

YES. OUR WALLET IS READY TO DOWNLOAD!

Our CTO and developers dedicated on working out the APL wallet during last 2 weeks. Now it’s already downloadable, and we are working on our first AIRDROP event.

For bounty campaign and airdrop, we collect ETH wallets. At the end of the campaign bounty, we will all give time to create an Apollo wallet. We did this to facilitate the work of the participants in the campaign bounty. Do not worry. Everyone who fulfills the conditions will receive their coins.

Hello Dev. Can I ask what the wallet for, is it an ERC20 wallet. I downloaded the wallet. but on your bounty you asked for ERC20 address. So do you have your block chain already. I really can not figure out why we are not using the wallet. although i haven't installed it yet.