ICO ELONCITY

nalin503 (26)in #ico • 6 years ago (edited)

ELONCITY is a project not so new to the world energy industry, but they want to apply Blockchain technology. Eloncity wants to decentralize its power system into millions of microgrid grids capable of self-supplying electricity. Electricity will be produced and will be provided locally 24/7, and will directly compete with existing power supply units. Electricity prices will be more transparent. EVERYONE CAN USE ELONCITY TECHNOLOGY FOR FREE ELECTRONIC MANUFACTURING. And so, we can power the whole world using clean energy.The main goal of Eloncity is to solve a universal problem that affects everyone. Eloncity's project focuses on replacing traditional energy systems with the power grid infrastructure made up of millions of self-supplying micro-grids, and thus makes renewable energy widely available. at all hours of the day. This will address the imbalance in supply and demand for renewable energy, a hot topic in recent years. People around the world have been experiencing the political and economic problems of declining fossil fuels as well as the problems of renewable energy production.ELONCITY uses blockchain technology to solve energy problems and bring benefits to mankind in general. Eloncity technology will help produce electricity virtually free of charge, thus supplying the world with affordable clean energy.Andy Li, founder of Eloncity and POMCube, served as ChinaCache's Technology Director and is a computer researcher at Alibaba Cloud. During his 12 years of experience working for Cisco in the United States, Andy developed an in-depth knowledge of information exchange techniques and has since conducted extensive research into intelligent network access. . In 2014 Andy founded POMCube, a company focused on the development of highly efficient energy storage systems controlled by cloud computing. Then in 2018, Andy founded Eloncity, which was dedicated to recreating billions of dollars of global electricity markets using blockchain technology. The resulting products have been put to practical use in the industry.

How is it economically awailable?

The community of users is a fund. This fund will cooperate with financial partner organizations, the public sector, regional institutions, and many other interested in people. Who will be economically interested in this fund? There are persons and structures interested in the creation of revolving loan funds.
The purpose of a self-renewable loan fund is for participation in the advance capitalization of the costs necessary to initiate a project in communities in which this financing is not available.

A partnership with Eloncity.

So, the self-renewing fund of the Eloncity project are organizations and individuals interested in the project. The Eloncity project is open to cooperation. So organizations with valid performance indicators will be considered as partners. The partners of the Eloncity project should be able to demonstrate their dignity and high efficiency of their technologies, which will create real and meaningful energy savings for humanity. Such mutually beneficial cooperation will allow to meet the required return on investment, repay loans for the launch of the project, and all returned funds will be used to finance subsequent projects of Eloncity. As we see on the project site, the creators' plans are long-term, the road map of the project is wrote by the end of 2022! An Implementation of the tasks assigned to the developers is carried out systematically.

Eloncity Roadmap