Future of the ElonCity and Key Features in Eloncity
Eloncity Official Website
Krypital Bounty Group
Eloncity Group
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I like to tell you regarding the future of the Eloncity and why it is important . The Eloncity project is aimed to providing balanced system of electricity production and consumption and eliminating transport disruptions.Renewable energy is our future , we need to shift from conventional energy for various benifite which includes environmental factors. We are facing a challenge with conventional energy. The solution lies in renewable energy provides a cheaper energy supply that allows Consumers to ne independent of centralized energy producer who have commercialized the energy sector for their own benefit.
What is Eloncity Token (ECT)
When taking about the Eloncity token it is a utility token that facilitate energy transfer within an eloncity microgrid and among nearby Eloncity microgrids. So this token will allow consumers to generate energy exchange.
Functions of eloncity token
Token will serve as a means of exchange
Demand in the market will regulate by short-term price fluctuations and so customers can earn tokens by selling the excess electricity to term.
Token will perform the function of preserving value.
Each ECTP-compatible device wants to reserve some amount of ECTS that is similar to the value of is electricity capacity in order to get connected and utilize the automated exchange. The pay the way to become the ECT a store of value backed by the value energy transaction volume of the ecosystem and the velocity of the ECT transactions
Key features in eloncity
- Blockchain-based AI trade system: By combining AI algorithm and Blockchain, Eloncity with help of token hopes to establish a transparent and fair energy market with real-time prices as reference
- Smart Energy Storage Systems: This is a another key feature of Eloncity. This system will work with the Iot technologies to assist balance the demand and supply of the generating renewable energy
- Switching DC Power Bus: in the energy generation and transmission, energy peaks should be controlled and the Switching DC Power allows to curb the typical peak load permanently.
- Direct Current appliances: This will accommodate the use of DC-driven devices to eliminate the use of repetitive power conversion and enhance the competitiveness of the produced renewable energy.
- Proof of Stored Power (PoSp): Eloncity will incorporate PoSp protocol, that will facilitate ESS investment grade financial entities.
Future of Eloncity (ECT)
At some point in the future, building-to-building energy exchange will likely be reduced significantly as high-capacity BESS offer more prevalent due to the low-cost of battery cells. buildings designed in future are expected to be more energy self-sufficient. The Foundation’s analysis suggests that the energy exchange due to electric vehicle (EV) charging from inter-microgrid roaming would grow significantly, and thus offset for any reduction in building-to-building energy exchange volumes. As highlighted in the Eloncity Whitepaper, the EVs and roads will become another network for offering renewable energy. The ECT is expected to continue playing the crucial role as the medium for energy exchange in that future.
The ERC-20 protocol is used in development . the total offer of all tokens will be : 1 billion ETC of which 320 million assets will be allocated for sale.
The subsequent distribution of assets looks like this.
- 320 million tokens intended to optimize the mining
- 7.5 million tokens will be reserved for the Eloncity team
- 14.5 million tokens intended for future development
- 14 million token also allocated for marketing
- Minimal purpose of fees : 10$ million
- Maximum purpose of fees : 23$ million
- You can buy assets only for BTC and ETH
Conclusion
Eloncity is very promising project with a sound and investment team . as described in this articles it has given a new concept for energy generation and distribution we all know Blockchain technology has a future when it comes to providing solutions to the problems we have in energy distributions. Challenges are witnesses in rural and underedevaloped countries who are still in need of energy but lack the resources required to buy the infrastructure needed for a renewable energy grid.
The most interesting, in solving this issue , thanks to technology of blockchain , we can also reduce the price for electricity, because we will solve the monopoly problem. I invite all of you for read this articles and have a clear understanding of this wonderful project.
For more information about the project
Eloncity Official Website: https://eloncity.io/
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Medium: https://medium.com/eloncity
Telegram: https://t.me/Eloncity
Facebook: https://www.facebook.com/Eloncity
Twitter: https://twitter.com/Eloncity_io
Reddit: https://www.reddit.com/r/Eloncity/
Bounty: https://bitcointalk.org/index.php?topic=4443361
ANN: https://bitcointalk.org/index.php?topic=4465922
Author :
Bitcointalk Username: @priyadarshana99
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1967050;sa=summary
Thanks all of my steemit friends for reading commenting, resteeming and upvoting my articles. Actually ElonCity is one of the best project in this year. ElonCity is the future of power sector. The project team is great and very strong. I would like to invite all my steemit friends to join ElonCity main sale. Many friend ask questions when will start ElonCity main sale. I like to say it will start next month.
And I like to invite all my steemit friends for Eloncity project. And also running and upcoming other projects by Krypital Group. please join with us!!
you can find more information of ElonCity main sale : https://eloncity.io/
Have you any question, please ask our Telegram group: https://t.me/Eloncity
finally you can join with us . Join our bounty group : https://t.me/KrypitalBounty
The given information is very helpful for anyone who interested with this project. Please update any information if you got regarding the public sales. Thanks...
I like to join main sale. Thanks for sharing infomation.
I like to join main sale . Please update any information if you got regarding the public sales, I love krypital project !!!
This project looks like very interesting. This article gives nice explanation of the project. Already I studied some information regarding this project. Actually may I know when will be the token sale public will be started ? Thanks for sharing!
Thank you @dilisha. It will start next month. . more informations you can find : https://eloncity.io/
I just admire this company, wish you great success on icoGreat team, great company, great road map! I'm sure the company will show great results! Today there is a great urgency of development in this field! I participate in the ICO, and encourage everyone to participate
Thanks for sharing your views !! . yes this is a promising project in 2018.
Great article man. Keep it up. Eloncity is a great project as we know.
@manjari you are currect. ElonCity is a great project. I love krypital project ...
Good article ! subscribed to you and I hope for a mutual subscription
Thank you @kriptus. and i subcribed to you. Hi @kriptus you like to join Eloncity main sale?
Very informative article. Thanks for sharing. Do you know when will the eloncity main sale starts?
hi @pubudu . It will start next month. . more informations you can find : https://eloncity.io/
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Sounds really interesting ! Great read
Thank you @besticofinder
An excellent explanation of the project.
Thanks you @kevinesky
Really interesting article!! Thanks for sharing
Thanks you @steemread
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Really important article. These days I am investing few projects. I think I have chosen the best project.
yes . Eloncity is the best project
This is a very ambitious project even I published an aritcle about this project considering the value of it. your article is quite informative. keep it up.
Thank you @shirano
This project has a future. because it talks to the real problems in a key element in the world.
It is currect. Eloncity is the future.
Eloncity is the best project. I like to join main sale. when will the eloncity main sale starts?
Hi @ranu82 . Eloncity main sale start next month. . more informations you can find : https://eloncity.io/
It's well written! Thank you for the article! I think the project has a future because green energy is now in the trend
Thank you @cryptobatta
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STOPgreat article, that keep me align with Eloncity. thanks
Thank you @chathusanda
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STOPThanks for sharing the use of ECT in the future and it's features. I do hope this Eloncity project will be a big one in future.
Actually ElonCity is one of the best project in this year and ElonCity is the future of power sector.
Thank you for the review, now I am a regular reader of your blog! I hope for reciprocity.
We are waiting for the results of the collection. I will participate in the ICO, great hopes that something will come out of the project.
Thank you very much sharing your knowledge with us. Perfect article with interesting content
A very promising projects, needs a great review like that. keep up @adzindika ! I have just subscribed to your blog, please check out mine for a mutual relationship.
Thank you for the review, It's a very well written article! I think the project has a very good future.
Eloncity Can be known as a very good project doing with krypital. This project has many huge partners as well as the advisors. Krypital group is the premier collaboration partners. It is a major fact for success.
thanks
Great article, I just came to understand that Eloncity is a very impressive project. I am very interesting to study more about this project and invest in their ICO. Thanks for information.
Thanks
Very informative article. Thanks for sharing.
Thanks
This is a amazing project. Thanks for provide this helpfully post and keep it up.
Thanks