Introduction
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, I want to introduce you Energy Premier (EPC), an innovative electricity tender system that benefits both suppliers and consumers of electricity.
Definition
As I said, Energy Premier Token (https://tokensale.energypremier.com) is a retail electricity supply platform based on the blockchain and the cloud technologies. Using blockchain technology and smart contracts, Energy Premier focuses on developing a place where electricity offers will take only 30 minutes of their time, and you will not have to spend much time working on electricity.
Moreover, the usage of this technology allows Energy Premier to help to the suppliers and consumers to automatically conclude contracts in easy and safe way and these contracts cannot be changed by another user, and brings flexibility and transparency making the platform trustworthy and reliable.
Goals
The main goal of Energy Premier is to provide energy suppliers with direct and fair access to the energy retail market through the use of the blockchain, while offering better prices to consumers.
Features
| Image | Characteristic | Description |
|---|---|---|
 | Tender platform for electricity based on tokens | Allows consumers and suppliers to trade electricity using the EPC token. |
 | Distributed, direct and transparent access | It allows decentralized and direct access to the market, eliminating distance in commerce, promoting price transparency. |
 | Commerce, usability and liquidity | It boosts the commerce and usability of the EPC: making it cheaper, faster and safer and offering network functionality and smart counter. |
Main mechanism
Advantages
Main benefits
- Advanced token-based electricity bidding platform
- Allows energy suppliers to bid prices for consumers, with knowing the consumer's energy profile
- Direct & transparent access
- With a mission to cheaper electricity - same for all users, transparent pricing and direct market access
- Fast process & low cost
- Energy portfolio for the suppliers to be able to calculate the lowest percentage of imbalances in the final price, without any risk.
Exclusive benefits for suppliers and consumers
| Supplier benefits | Consumer benefits |
|---|---|
| Access a large pool of offer requests in one place | Access a large pool of suppliers with a few clicks |
| Transparent trader bidding in real time, authorized by the supplier | Ability to determine the date when best offer should be received |
| Automatic bidding for offers, in real time | Only active and licensed suppliers can send offers |
| Choice of criteria for various offer requests | Cheapest price in the market |
| Creation of specific products for consumers | Full transparency and no corruption |
| Send large numbers of offers, quickly | Automatic offer request creation |
| Access to a variety of reports | Purchase variety of products through electricity bills |
| Minimal need for employees | Creation of offer before expiry of contract |
| Ability to efficiently cover group requests | Ability to create group requests |
Bounty program
The project gives the opportunity to earn Energy Premier Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=3043285.0), where you can access the link in order to see what are the conditions to become an early EPC contributor and start acquiring tokens.
For more information about the project, you can visit and read their WhitePaper available here (https://tokensale.energypremier.com/whitepaper.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/tokensaleenergypremiercom). I hope you liked the post and soon I'll send you new ones.
Do not forget to visit their Webpage (https://tokensale.energypremier.com)!
Token details
Energy Premier Token (EPC) is an utility ERC20 crypto-token with an smart contract platform required for trading on the Energy Premier platform, and it offers cheaper and faster trade. The EPC token increases energy that suppliers and consumers can use, and its value is growing simultaneously with the growth and development of Energy Premier.
Token: EPC
Platform: Ethereum
Type: ERC20
Price in ICO: 1 EPC = 0.0003 USD
Tokens for sale: 120,000,000
Funds Allocation
Roadmap
| Date | Events |
|---|---|
| APR-DEC, 2016 | Development of the platform |
| JAN-APR, 2017 | Testing of the platform |
| APR-OCT, 2017 | Preparation for Crowdsale |
| NOV-JAN, 2017 | Open invitation to community members for crowdsale |
| SEPT - OCT, 2018 | Crowdsale |
| NOV, 2018 | Distribution of the tokens |
| DEC, 2018 | Blockchain features implementation Start of the year, 2019 EPC as payment method on the platform |
Author Details
Email: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum Wallet: 0x91707502A8DFDC523f7a6f2c218cC9a52777d5ad