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SunContract

Ended
Ended: Aug 1, 2017

Decentralized energy market platform

Decentralized Energy Market

An energy trading platform that utilises blockchain technology

$1,980,156.00 raised. SunContract is a platform that directly connects energy producers and consumers into an energy pool based on smart contracts. The SunContract’s vision is to support a global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNCs one can buy electricity through the SunContract Energy Pool. SunContract’s business model joins together the best features of blockchain technology (5 T’s: trust, transparency, traceability, time stamp and transactions) and renewable energy (5 D’s: digitalization, decarbonization, deregulation, decentralization and democratization) to create an entirely new services that will revolutionize the existing market. Decentralized energy market on the blockchain is only the first step of transforming energy distribution grid services in the future and will be followed by grid-flow optimization services, demand response services etc. ◎ PRICING 10,000 to 11,600 SNC per 1 ETH, depending on the participation dates, which are as follows: First week (from June 28th to July 4th) 1 ETH will be worth 11,500 SNCFirst week with presale bonus (from June 28th to July 4th) 1 ETH will be worth 11,600 SNCSecond week (from July 5th to July 11th) 1 ETH will be worth 11,000 SNCThird week (from July 12th to July 18th) 1 ETH will be worth 10,500 SNCFourth week (from July 19th to July 25th) 1 ETH will be worth 10,000 SNC ◎ Funding usage plan • 50% development• 25% marketing and sales• 15% operations• 10% legal

Website

suncontract.org

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Intro Video

ICO Details

Ticker Symbol:
SNC
Platform
Ethereum (ERC20)
Hard Cap:
100,000 ETH
Country:
Unknown
Total supply
1,000,000,000 SNC

Public Crowdsale

Ended
Date Sale:
Jun 28, 2017 — Aug 1, 2017 @ 34 days
Price:
1 SNC = 0.02 USD

ICO Overview

About SunContract SunContract's business model joins together the best features of blockchain technology and renewable energy to create entirely new services that will revolutionize the existing market. A decentralized energy market on the blockchain is just the first step of transforming energy distribution grid services in the future and will be followed by grid-flow optimization services, demand response services etc. THE 5T TRUST

TRANSPARENCY

TRACEABILITY

TIME STAMP

TRANSACTION THE 5D DIGITALIZATION

DECARBONIZATION

DEREGULATION

DECENTRALIZATION

DEMOCRATIZATION How it works The SunContract is a platform that directly connects energy producers and consumers into an energy pool based on smart contracts. The blockchain takes over the role of the middle man as a trusted technology infrastructure. Blockchain technologies could be implemented into existing energy distribution systems without previously changing the general energy regulation framework. We are already developing a pilot project for use on a national level. Currently, we are developing an API for collecting electrical meter data from energy producers, consumers and prosumers in order for it to be written into the blockchain. The pilot project will be completed in a few months. Vision The SunContract's vision is to support the global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNC tokens, one can buy electricity through the SunContract Energy Pool. Token economics At the token sale, we will issue SNC Ethereum based (ERC20) tokens. By specifying the amount of supply, we create a closed ecosystem with a finite number of tokens. A growing number of customers will increase the number of transactions, thus increasing the demand for SNC tokens. We expect a positive correlation between the SNC market value and the size of the SunContract network implying the economic laws of supply and demand. Opportunity The energy sector is a multi-trillion $ market. Our focus will be to constantly increase the demand for SNC tokens by increasing the trading volume inside the SunContract Energy Pool. Cutting out the retailers and diminishing the dependence on distribution service operators will contribute to the competiveness of electricity prices, which will make SunContract more attractive for customers. The volume of electricity traded in the SunContract Energy Pool will increase also by utilizing energy storage. It is an opportunity with the potential to reward all participants; the consumer is rewarded with lower costs and cleaner energy, while producers are rewarded with better compensation for the electricity they produce. TokenSale details The contribution period will begin on June 28th and will last 4 weeks until July 25th. The Tokensale participants can contribute by sending Ether to the designated address. By doing so, contributors create SNC tokens at the following rates: First week (from June 28th to July 4th) 11.500 SNC per ETH; Second week (from July 5th to July 11th) 11.000 SNC per ETH; Third week (from July 12th to July 18th) 10.500 SNC per ETH; Fourth week (from July 19th to July 25th) 10.000 SNC per ETH;

SunContract is an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.

SunContract is a platform that directly connects energy producers and consumers into an energy pool based on smart contracts. The SunContract’s vision is to support a global self-sufficient energy community based on renewable energy by digitalization of electricity. With SNCs one can buy electricity through the SunContract Energy Pool. SunContract’s business model joins together the best features of blockchain technology (5 T’s: trust, transparency, traceability, time stamp and transactions) and renewable energy (5 D’s: digitalization, decarbonization, deregulation, decentralization and democratization) to create an entirely new services that will revolutionize the existing market. Decentralized energy market on the blockchain is only the first step of transforming energy distribution grid services in the future and will be followed by grid-flow optimization services, demand response services etc.

Telegram members

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Team

Luka Pusic
Information Security
Mojca Bajec
Co-founder, CFO
Yingdong Xu
SunContract China
Phd Ales Kroflic
Numerical Analysis
Phd Eva Zupančič
Ethereum Ecosystem
Phd Ales Frece
Software Engineer
Katja Ogrin
SunContract Massachusetts
Rok Gornik
Community Manager
Dr Jesus Nieto Martin
Energy Market Advice
Phd Klemen Stopar
Energy Ecosystem
Tomaz Lajovic
Energy Legal Advice
Milan Gabor
Information Security
Martina Gabor
CIO
Gregor Novak
Co-founder, CEO
Tomislav Mucic
Blockchain Consultant
Msc Gregor Novak
Co-founder, CEO
Phd Matjaz B. Juric
Full Professor at University of Ljubljana
Jernej Blaj
SunContract Middle East
Mitja Blatnik
Project Manager
Jonathan Galea
Blockchain Legal Advice
Leo Lu
Solar Market Advice
Rok Povše
P2P Engineer
Ales Kroflic
Numerical analysis
Klemen Stopar
Energy ecosystem
Ales Frece
Software engineer
Andraz Verdev
Blockchain Ecosystem
Gregor Karlovsek Mba
Blockchain Energy Advice

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