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Eloncity is the decentralized blockchain network by the power of infrastructure involving millions of self-sufficient microgrids. They are producing energy so that people can use it whenever they want directly in accordance with the competitive utilities. The energy prices will become transparent to all so that the open technology can make the electricity virtually free to electrify the world with clean energy. ECTP facilitates the devices for POMCube NetZero as deployed to the sufficient number to the premises of customers into the Eloncity microgrid. It also has the ability to achieve an optimal community for energy based on the supply and demand on the local renewable resources.
Cryptoeconomics Protocol
The blockchain based crypto economics protocol and BESS will aim the Eloncity Model providing the alternative power grid for networking the community members in exchange of energy independently from the T&D networks involving the utilities. The Eloncity microgrid performs with the BCbus by switching the device to manage the local power flows along with the energy exchange.
The goal of the Eloncity Model has the aim for maximizing the utilization for the DCbus pairing with the copper wires to connect with the customers on the premises within the Eloncity microgrid at the endpoint for DCbus. The endpoints will follow the timing settled by the Scheduler for sending and receiving energy to and from the DCbus enhancing the pair for copper wires.
Private sale : $19,000,000
Vesting period: 9-months locking position with 10% of token discharged in the meantime as the principle token discharge (six a month and a half after the finish of the fundamental commitment). From that point, 10% token discharged every month in 9 back to back stages.Public token sale
• ICO Token Price: 1 ECT = 0.12 USD
• Fundraising Goal: 33,000,000 USD
• Total Tokens: 1,000,000,000
• Available for Token Sale: 32%ICO Details
• Type: ERC20 – Utility
• Symbol: ECT
• Platform: Ethereum
• Minimum Investment: 0.1 ETH
• Maximum investment in the public sale: 3 Eth
• Soft Cap: $ 10 million
• Hard Cap: $33 million
• Payments Accepted: ETH and BTC
• Restricted from Participating: USA, China, New Zealand, and anyone who is a citizen or resident in a geographic area sanctioned by the USA as well as anyone subject to USA and/or United Nations sanctions
BESS Endpoints
The endpoint of BESS will have the association of each endpoint serving the ingress and egress through the buffer of the network. This will be with the Scheduler preventing the endpoints from the overflow or underflow of the network. The additional benefits for DCbus employ to save at least 17 percent of renewable energy to avoid the back and forth of the AC and DC conversions as it is prevalent in the current centralized AC grids.
The DCbus has been designed for running at 1500V taking the advantages of the standard technologies so that it can widely be used to the existing solar firms. The operating voltage for the DCbus lowers the maximum peak point for tracking up to 1200V. The local solar PV charging system will have the control to run a stable system for a constant change by the power-tracking algorithm maintaining the target for 1500V. The DCbus will operate through the loss for a little conversion with efficiency taking 1200V.
Decentralized sustainable power source is utilizing locally accessible inexhaustible assets, for example, sun oriented or twist control, to deliver power locally where it is expended. At the point when vitality clients in a network facilitate with each other to trade vitality and offer vitality hardware costs-benefits (e.g., sunlight based PV, BESS, vitality administration framework, and others) to get to more solid and savvy nearby vitality supply, to augment the usage rates of the introduced gear for quickened return-of-speculation (ROI) and different advantages, they basically make a network based sustainable microgrid.
This kind of decentralized network based sustainable microgrid holds gigantic potential for bracing the concentrated lattices and taking care of the issues debilitating our vitality wellbeing and security. The proposed Eloncity Model coordinates propelled advancements, best practices and exercises figured out how to make a versatile and replicable formula for releasing the capability of the network based inexhaustible microgrid to accomplish a more lively regenerative vitality future.
Foundation Envisions
The foundation envisions will have the strategic partnership by the incumbent utilities for operating their own ECTP compliant to the endpoints participating in the energy exchange with the Eloncity microgrids. The foundation will have the ideal implementation to the Eloncity Model to be into the new ZNE community constructions as it will have the new construction would integrate into the rooftop PV, BESS, and DC system by the installation during the construction at the phase eliminating the third party by the retrofit installer.
The higher financial cost and redundant roof should have the insurance for the typical requirement for the building retrofits. The streamlined PV, BESS, and DC system will install the process in new ZNE community construction offering a significant amount of cost competitiveness by the energy from the decentralized community based renewable energy.
The Eloncity Model can be deployed in several areas by the lack of electricity grid infrastructure.
It will build the environment centralizing the AC grids for the foundation collaborating closely for the local utility and local government through the regional ISO and appropriate regional energy by the regulating agencies. Tremendous potential will assist the utilities for existing power grids across the globe.
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