ELONCITY - Detailed about the Private sale and Public Sale

We all know that electricity is the main energy source for human beings in this century. In other lines, our contemporary life depends on electrical energy. Each and every tool we apply to make our life simple completely depends on the electrical energy. Though the technology and science are creating day by day, no superior alternative for this Electrical energy will be transferred in upcoming few centuries. There's an extremely complex procedure before electrical energy gets into the residence.

The modern world is going on with vast electric grids that power everything from light bulbs to a huge machine. Eloncity has taken a new approach to power the world. Al grid foundation collaborated with a global organization and local communities developed Eloncity model. It is a solution to employ decentralized renewable energy. Thus, it decentralizes our power infrastructure into millions of self-sufficient microgrids. With Eloncity energy price will be transparent to all.

Eloncity uses open technology to make electricity virtually free. The whole world is blessed to be electrified. By replacing traditional power system infrastructure Eloncity works with the goal to solve the universal issue that affects the whole world. It will slow imbalance renewable energy supply and demand issue and power will be available all hours of the day. Eloncity uses blockchain technology and the token technology to provide clean energy. The major goal of ELONCITY is to solve a worldwide issue that affects each one. ELONCITY's focuses on replacing usual power systems with the energy grid framework made-up of millions of self-supplying microgrids, and therefore creates renewable power largely available at complete of the day. This'll address the imbalance in demand and supply for renewable power, a hot matter in recent times. People all around the globe have to experience the economic and political issues of declining fossil elements as-well-as the issues of renewable power production.

DECENTRALIZED RENEWABLE GENERATION

Whether power age is decentralized vitality relies upon where it is created. Decentralized vitality framework creates power where it is required. Then again, the unified lattice creates power in expansive remote power plants, then the power should then be transported over long separations at high voltage to the client destinations for utilizations. It doesn't make a difference what technology is utilized, whether it is utilized as a part of association with a current matrix or a remote town, or whether the power tells the truth inexhaustible source or consuming non-renewable energy source or an atomic power plant: if the power generator is 'nearby' or 'locally', then it is decentralized vitality. This implies decentralized vitality could incorporate advances that contaminated the earth, for example, diesel generators. In any case, the Eloncity Model builds upon the commence of utilizing neighborhood sustainable power source to satisfy nearby requests.

Eloncity’s approach is multifaceted

A blockchain-based energy trading system will make energy trading more transparent and trustworthy (thus increasing peoples’ willingness to trade clean energy with each other), and an AI algorithm will help users find the best market prices.
Using IoT technology, energy storage will be smart instead of kept in excess for no reason. The demands of local users will match supplies of locally produced clean energy, which will reduce storage inefficiencies and subsequently energy costs.
A switching DC power bus will fix the “last mile” problem, where last mile networks that supply energy can get congested, removing peak energy load problems by allowing energy to flow freely to and from different parties.
Support for direct current appliances – new appliances that use direct current (DC) eliminate redundant AC-DC-AC power conversions. Eloncity will support these appliances, which helps make locally produced renewable energy costs competitive to those of conventional energy.
Proof of Stored Power (PoSp) mining scheme that will make energy storage systems investment-worthy financial assets.

*Vesting period as mentioned in the conditions: 9 month locking position ( 10% of tokens are released at the same time as the main token release. 9 consecutive phases, 10% token released per month. 1 USD = 9.8 ECT is the ico price of an ECT token ( Project Eloncity only accept ETH (Etherium )and BTC (Bitcoin), Value will be decided in USD (United state dollars ) listed as in the coinmarketcap site on the day of the contribution for the project. Contribution for project Eloncity starts from a minimum of $200,000 USD ( Two Hundred Thousand Dollars )and maxed out at $600,000 USD ( Six Hundred Thousand Dollars ), 15% off discount will be given).

You can find the Eloncity project private sale contribution application from here : https://docs.google.com/forms/d/e/1FAIpQLSeAz1MEVQ0qzdyQbb5-3cP876NmsaYgoA1ozLSZEhpVv9dhGg/viewform

Also if you are interest for private sale you can contact @edna666 or @ViolinW via Telegram.