Eloncity is the project that focuses on decentralized renewable clean energy. This project focuses on creating decentralized power generation networks that comprises the micro-grids. The power generation will be created in the centralized model which would have small running costs and it is also susceptible to lack of transparency, pollution for environs and it is not scalable too. The project will be powered by the solar panels which contribute towards the blockchain based energy marketplace that is based on AI pricing models. The project crowdfunding is split into two tiers of public and private scale. But, currently a new type of investor introduced that doesn’t fall into both these categories and that is cornerstone investor. In the fundraising model of Eloncity, you will notice that $6M of $33m hard cap would be dedicated to the cornerstone investors.
What is Cornerstone Investment and Investors for Eloncity?
The cornerstone investors are the companies in the respective fields that participate significantly in the fundraising phase of the project. This solely depends on the project phase, which means that in public phase the percentage might be lower, while in the angel investing tenure the percentage would be higher indeed. The investors investing in the Cornerstone Investment for Eloncity have years of experience and expertise in the project field and their investment would act as a credibility for the project and this can also validate the public investments.
The investors would also have in-depth insight of the project team or marketing opportunities or even the product being developed. Overall, the cornerstone investors play an important role in the project and their investment helps to make the project successful indeed. They also add popularity to the project by backing it and lack of investors can make the technical project less appealing. Although the project has many, a large number of a supportive investors that can bring needed capital and funds for the project and combine experience in the field, but it is important to ensure that the project has all the ingredients to make this blockchain project a sure hit.
Cornerstone Invetment Receivals for Eloncity
Krypital Group
A leading marketing firm specializes in comprehensive Blockchain marketing services to worldwide clients. Krypital is the main collaboration partner of Eloncity project and also a cornerstone investor. Krypital has a great history of launching highly successful cryptoeconomic projects. The ICOs launched partnering with Krypital Group were completely sold out within a few minutes. Most of the blockchain consultancy services only serve their clients until the end of the ICO. But, the speciality of Krypital Group is, they gives a premium service until the project get established as a world recognized product or service. Indeed Eloncity has made a perfect decision on selecting Krypital as their blockchain consultancy service.
Clients: Cybermiles, ArcBlock, Merculet, Egretia
Web: https://krypital.com/
Twitter: https://twitter.com/KrypitalGroup
Telegram: https://t.me/KrypitalNews
Krypital Bounty Group: https://t.me/KrypitalBounty
OK Capital
Of course a giant in the blockchain industry. OK Capital provides a fully-integrated blockchain services for extraordinary projects in many ways such as blockchain consutation, technology support, capital investments and a world-leading digital asset exchange OKEx.com. OK Group has put more than 100 million US dollars to set up a start-up projects fund and is a cornerstone investor of the Eloncity project.
Web: https://www.okex.com/
Twitter: https://twitter.com/OKEx_
Telegram: https://t.me/okexofficial_en
Facebook: https://www.facebook.com/OKExOfficial/?ref=br_tf
Fenbushi Venture Capital
Fenbushi Capital is the first China-based venture capital firm and yes, this is one of the leading venture capital firm backed by some giants in the blockchain industry such as Vitalik Buterin, the founder of Ethereum blockchain, Dr. Feng Xiao and Bo Shen. The mission of the Fenbushi capital is to accelerate the inevitable future of Blockchain economy by supporting as many companies as possible. Fenbushi was founded in 2015 and its $50 million fund was one of the largest seed funding firms in the world.
Portfolio: Zcash, Pairity Technologies, Skuchain, Tierion, Sia Tech, Digix Global, Hijiro
Web: http://www.fenbushi.vc
Twitter: https://twitter.com/fenbushi
Starwin Capital
Starwin Capital, a financial platform that specializes in global venture capital and growth services, cloud computing/big data/AI, financial technologies, and cross industry networking.
Horman Capital
One of the earliest blockchain focused venture capital firms established in 2013 as a strategic communications organization to better tell the story of the companies in the blockchain industry, and has since evolved into a professional services firm that specializes in all aspects of the Blockchain industry.
Portfolio: Vechain, DeepBrain Chain, Elastos, Nebulas, Leek ICO
Web: http://horman.vc
Collinstar Capital
Collinstar Capital is an Autralian based venture capital firm focusing on the digital currency investment and blockchain infrastructure. Operates as an investment management company. The Company specializes in asset an wealth management, corporate advisory, research, investment strategies, financial planning, and advisory services.
Web: http://www.collinstar.com
Twitter: https://twitter.com/collinstar_
JRR Crypto
JRR Crypto is the world's leading distributed investment banking group which focus on blockchain industry and cryptocurrency. JRR Crypto Integrates the P2P concept into a 3 major philosophies; Co-sharing, Co-managing, and Co-advancing within a seven sectors.
Portfolio: Binance, Multivac, QuarkChain, SAP, Merculet
Web: http://jrrcrypto.io/
Gravity Capital
Founded in February 2018, Gravity Capital (Gvc.pe) is an investment institution specializing in the blockchain industry. It is one of the first professional investment institutions to lay out the blockchain industry ecology. As a blockchain eco-level investment bank, the investment direction of Gvc covers the infrastructure, application agreements and financial services with global influence in the blockchain ecosystem. Gvc’s global investment network covers Silicon Valley, Singapore, Japan, Korea and other areas, and it established close strategic partnerships with top-level projects in many countries.
Portfolio: Verge, Dfinity, Pchain, Railblocks, Coinbene
Web: http://gvc.pe
Ceyuan Ventures
Ceyuan Ventures is a Beijing-based early stage venture capital firm focused on IT and emerging growth companies. We emphasize backing great teams, technology and business innovation. Our mission is to assist entrepreneurs in creating and building world-class businesses. Our conviction, network of relationships and grass roots culture give us the opportunity to discover the next big idea early.
In spite of the above mentioned VC firms, Eloncity has recieved cornerstone investments form Interblock Capital, Fly Fund, Qingzheng Capital, Decentrust Capital, Powerlink Labs and surely there will be more to come.
The Target Market of Eloncity
The target market of Eloncity project can be any that range of areas that being served by fossil fuel and nuclear powered centralized grid or areas that lacks in electrical services. The Cornerstone Investment for Eloncity is made for enhanced market penetration strategy and it intends to provide the turnkey solutions in all the needed areas that lack in electricity infrastructure. The investment would also help the project to extend its services to simultaneously offer tailored made solution to incumbent the utilities so as to address the chronic difficulties that are present in the current day centralized grids. The cornerstone investments would also help the project to restructure the existing utility regulatory regimes which is considered to be the prerequisite for the success of the project.
With the cornerstone investment renewable energy can be created to provide power locally and then extend it to other areas that lack in electricity infrastructure.
Useful Links
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Eloncity is one of the most ambitious projects launching in 2018. Thanks for these information.
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