ICO ApolloChain – Trading Platform-Based Smart Energy Contract

Climate change is happening dramatically has become a major threat to our planet. Every day, both individuals, until the Government began to take notice and try to make a change on how to consume energy.

Since the industrial revolution occurred, the power of the owner of the big industry has plenty to monopolize regulation of the market. Throughout its history, up to now, most of the community does not have the freedom to choose which electric companies can use. It of course because there's only one choice only, and control the entire market in his area.

However, the status quo has changed much when many countries more and more making changes with energy market deregulation. So far, there are already around 35 countries who have done or are in the process of energy market deregulation. When combined, these countries reached approximately 44% of the total energy produced worldwide. Among the States that have deregulated the energy market is Australia, countries in most of Europe, Canada, and some in the United States. In this case, we can continue to be seen in other countries that will follow, breaking the monopoly of the energy market in the future.

Another trend that has taken place is how quickly the transition into renewable sources of energy, such as solar and wind. That is, people all over the world finally had a choice. Not only is the company which can be used, but also the types of energy resources where desired for use in his home.

ApolloChain, one of the blockchain-based company, has been widely noticed the trend. ApolloChain, the brothers work to create a decentralized energy industry even further. On this platform, the development process fully decentralized energy trading is still done, using smart contract with potential to revolutionize the way society uses energy to their homes.

The Future Of The Energy Industry

Renewable energy has been so dramatically to become one of the fastest growing industries in the world.

In fact, the lapse of two decades later, renewable sources of energy would take over many of the fossil-fuel massively. Based on the results of a study conducted by KPMG, the use of solar energy in particular will be soaring up to 330% worldwide in the year 2040.

The Mission Of ApolloChain In Decentralise Energy

When the countries in the world of many moves to deregulation and the use of alternative energy resources, it will be quite reasonable unguk can decentralise the energy industry by leveraging technology blockchain. This is done by the middle of the ApolloChain in the trains.

Apollochain is built with "Fiber" of Skycoin platform. ApolloChain is a new energy trading platform, allows users to be able to trade renewable energy they are to each other. Smart power grid or so-called Smart Grid, coupled with IoT, AI, and also technology blockchain. So what many people refer to the "energy internet" can be created.

With ApolloChain, the owner of a generator of energy, wholesale, institutional, electricity consumers to individually, can directly trade each other's energy. One the plus side, may reduce trade financing is centralized, and also avoid the disadvantages of Government price.

In addition, the project also is more profitable for the station power plant. Because the power station can also increase liquidity funding capital by acquiring existing electrical crowdfunding. In fact, long before the construction of the power plant's done.

ApolloChain has the potential to be menderegulasi, and decentralize energy all over the world. Can reduce human reliance upon fossil fuel use, and switch by using renewable energy.

Ecosystem Platform ApolloChain

The main components in the platform of ApolloChain energy trading platform is built using blockchain technology. So between the buyer, seller, and speculators are able to interact with each other using smart contract. This means that the user can do the perdangangan with absolute assurance, that the parties involved in the transaction, can fully complete the entire transaction automatically.

ApolloChain users can install the device "Smart Meters" at his home. The device is a smart electricity meter that can track data usage power outage in more valid. With that data, smart electrical networks can be useful to reduce the cost of filling ulan, shows the way in order to reduce power usage, or lower other costs.

Outline, the user can easily view the data for energy used, and interact easily with Smart Meters. And, can trade only with the use of smartphone application through ApolloChain.

Token ApolloChain – APPS

In this platform, made a token of its own called Apollo Coin (APL). The function of the APP it was token as proof of electronic transactions conducted through energy smart power grid. The number of tokens distributed APPS closely related positively with the amount of electricity available and traded. That means the APPS are token will be gradually opened and distributed, in accordance with the request of the existing transaction time.

In addition can be used to trade between producers and energy consumers, the app can also be traded on the Exchange, crypto. Users will be more likely to be able to buy and store token APPS when the price of electricity on the market is low. Then sell it when the price of electricity rises. Condition it indirectly will also assist in stabilizing prices and request token Exchange secondary APPS.

To be able to store a token APP, ApolloChain has also been providing wallet ApolloChain you can get it here.

Details Of ICO ApolloChain

The total number of tokens have been made totaling 100 million apps.

The phases of pre-ICO ApolloChain took place from May 5 to June 15, 2018 2018. The minimum target for the phases that range from USD 500,000, while its maximum target of around USD 1 million.

As for token sales phase ICO Apollochain publicly designate announced further. The minimum target in the later phase of the ICO about USD 8 million, and the maximum target of around USD 20 million.

Based on written in the whitepapernya, here are the APPS: token distribution

40% is distributed in ICO ApolloChain
5% reward for the community
20% of PR and marketing
30% of team founder
5% for operation Apollo Foundation

5% are distributed to reward community, more or less for about 2% (or equivalent to USD 840,000) will be allocated for the program "bounty campaign", which ran from 25 April to 1 September 2018. Everyone can participate by promoting ApolloChain ICO on Twitter, Facebook, YouTube, or Telegram, wrote in his blog about this project, to be able to obtain the reward. To find out more about the Campaign's Bounty program

Conclusion

ApolloChain put the energy in the hands of the people themselves. Smart electricity network technology and also a smart meter in this platform has the potential to revolutionize the energy industry that largely haven't changed much.

ApolloChain is a completely new company and would travel far forward before this vision can be realized. But the team works pretty ApolloChain diligently to be able to make the dream of decentralization that energy become a reality.

Interestingly, the ApolloChain will also create a smart electric network pilot project in small scale to test the technology. The pilot project would be done in Australia it will soon be started in Q3 in the year 2018.

If you want to play a role directly in order to decentralize and supports the use of renewable energy, big ApolloChain projects can be the right investment. You can learn more by reading the whitepaper and blog ApolloChain follow.