The use of ECT Tokens in the future and it’s features
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The demand for the Electricity is growing year by year, As the population growing and more and more modern day equipment that make easier the human life need the energy. It will never stop. Currently, most of the energy we are using come from from electric grids. These centralized AC power systems have not been upgraded for decades and energy sector facing disadvantages such as safety, reliability, security and increasing costs. The world should find a solution for this issue soon.
Eloncity
Project eloncity is designed to solve exiting problems in the currency energy sector using the blockchain technology. Eloncity can decentralizer power infrastructure into a huge number of independent microgrids. with this new system, energy will be available 7/24 without facing any difficulty with the highest security standards and a way higher reliability than today energy network. This blockchain project will bring transparency to the energy sector which traditional energy network is unable to do so, This project's concept is very advanced and reliable as we can realize. So there is a high possibility for this project to become a successful and more investors join hand together with this project. So, All the facts related to this project indicate the bright future of this project in future. Eventually ECT Token which will be used as the medium to continue the process the exchange of power in this platform will have a great market value in the future. I think we better to focus on this Token. Today my review will be of ECT Tokens.
What is ECT Tokens?
Eloncity platform will be driven by Eloncity Token (ECT). Whole the process of exchanging energy will continue through ECT Tokens on the platform.
Some Functions of ECT Tokens
Exchanging energy - ECT will be the exchange medium so that platform users can exchange energy with each other. There is a possibility to rewards 16 ECT Tokens for each megawatt of clean energy. That will provide motivation for clean energy producers to invent more clean energy and many more people and insitutions will invest in the energy stroge equipments as well.
You can get 16 ECT Tokens as rewards for each megawatt of clean energy in this platform. This will encourage for clean energy producers to produce more clean energy and also many people and institutions to invest in the energy storage equipments.
Store of value – battery energy storage systems (BESS) required for reserving ECT equal to their electricity capacity value. Accordingly, ECT is backed by the value of electricity in the Eloncity ecosystem.
Token Sale Details are,
• Fundraising Goal: 33,000,000 USD
• Total Tokens: 1,000,000,000
• Ticker: ECT
• Token type: ERC20
• ICO Token Price: 1 ECT = 0.12 USD
• Available for Token Sale: 32%
What is the importance of ECT Tokens?
ECT Tokens is quite rich with many important features. ECT Tokens can create an advanced modern market place for renewable energy suppliers and consumers connecting them each other on Eloncity platform. That will be a market place for affordable nenewable energy where anyone can access as this blockchain marekt place removes the geographical barrios in the energy trade. and there won't be economical and political issues that avoid accessing this network either. This is a free global market place of energy. ECT Token will initiate and build up this new era. This is the importance of ECT Tokens. ECT Tokens will get a higher value for revolutionizing the global energy sector.
Some Impressive Features of ECT Tokens
ECT Token will connect platform users to each other who are finding energy solutions.
ECT enables the ability to store energy the renewable energy for the community in the network
Users can get renewable energy products using ECT Toknes in this platform
ECT enables open market place removing all the available barirors to access to the energy market
ECT is the medium of energy exchange within Eloncity platform
This is a blockchain based system with AI algorithm which brings transparency and fair market prices in real time as
reference. ECT facilitates for these benefits.
The value of ETC Tokens in future
ETC tokens includes many more impressive features. These features can provide attractive benefits for the community acting in various ways in the platform. If you observe more and more people are aware of about this useful project and many people join with it. Since the popularity of this project is growing rapidly, The demand for the ECT Tokens also will be growing It will lead ECT tokens to get a higher market value in the future. ECT Tokens have potential to be shining among tops coins in the crypto world.
Eloncity Team
When you consider to invest in an ICO, one of the key elements that you must do a research is about the project team. There is a risk when you get involved in ICOs. Risky is not only to getting in to a fraud also the project will never become practical and popular. Then the responsibility goes to that particular team of the project. no one else. That's why you should research in depth about the project team. When it comes to Eloncity project team They have wide experience in the field with a great reputation in the business with their success. Mr. Andy Li is the head of the team.
Andy Li - The founder of Project Eloncity.
Andy Li has worked as CTO of ChinaCache , computing researcher at Alibaba Cloud. 12 years of working experience for Cisco in the USA. in 2014 Andy started to found ,POMCube, POMCub's main operation is to develop economical energy storage systems controlled by cloud computing. This year, 2018 Andy founded Project Eloncity for a trillion-dollar global electricity market with the help of blockchain technology.
Conclusion
Energy is one of the critical elements of the modern civilization that we live in. but current centralized AC power systems are not upgraded for decades and the centralized AC Power systems have many problems. Project Eloncity is ready address those problems with the solid answers. Eloncity aims to provide renewable energy using blockchain technology. This project is cost effective at the same time it is good for the environment. This is what the world needs at the moment. Since project potential is high, many investors have paid their attention highly to this project and project has been able to raise the funds even in this bear market. Apparently, This project will be a game changer and popularity will increase more in future creating a higher market value for ECT Tokens. I think you should keep your eye on ECT.
For more information please visit below links for official sources.
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Main Website: http://www.eloncity.io
Medium: https://medium.com/eloncity
Eloncity Social media
Facebook : https://www.facebook.com/Eloncity-229599404279234/
Twitter : https://twitter.com/Eloncity_io
Linkedin : https://www.linkedin.com/company/eloncity/
Instagram : https://www.instagram.com/eloncity_io/
Reddit : https://www.reddit.com/r/Eloncity/
Author: kithmi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1443336
Telegram: @pubzz
This project looks like very interesting. This article gives nice explanation of the project. Already I studied some information regarding this project. Actually may I know when will be the token sale public will be started ? Thanks for sharing!
Hi @adzindika , You can get all the information if you visit their website. http://www.eloncity.io/
Yes, This project is quite interesting, I hope you too have studied about the project Eloncity.
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This project will be a game changer, even I published an article about this project considering its value, ETC token will get a brilliant market value in future. I have no doubt about it.
Yeah Energy sector has to be upgraded. Eloncity does in the most innovative way using blockchain technology.
Thank you for sharing information and keep us updated
You are welcome @pubudu
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STOPimpressive project
Yes, @chamaram , Thank you.
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Energy crisis is coming , We must go for the clean energy asap. I think Project Eloncity has recognized this problem well and giving solution for it. I like the concept. My expectation for this project is high. Thanks for the article.