• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews
Bitcoinist.com
No Result
View All Result
Impact PPA’s Funding of Renewable Energy Projects
Nexo

Blockchain Solar Energy Trading Platform SunContract Raises over 8200 ETH in Ongoing ICO

Bitcoin PR Buzz by Bitcoin PR Buzz
5 years ago
in Bitcoin PR Buzz, Press releases
0
Advertisement

Unique Solar energy trading platform, SunContract has declared a total of over 8220 ETH (about $1.63 million) raised from its ongoing ICO, with still less than a week remaining. SunContract is a renewable energy marketplace developed by power specialists and IT professionals. The platform balances its service to incorporate market demands and blockchain technologies within the energy distribution industry.

[Note: This is a press release.]

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Solar energy trading platform

The SunContract Energy Pool is a P2P marketplace that facilitates the exchange of clean energy directly between customers without the involvement of intermediaries, through an automatic digital bidding process made possible through Ethereum smart contracts.

The meteoric rise in the cost of traditional energy is exacerbated largely by sizable investments in infrastructure and costs relating to transmission, taxes, and losses through inefficient work practices. This trend and a growing availability of renewables have resulted in an increased development of the clean energy sector, which has led to a significant increase in the production efficiency.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Also, there is often considerable excess energy, produced from non-conventional power generation units, which is controlled by small and large private individuals or companies.

SunContract aims to reappropriate this excess energy by enabling the producers to sell it through the company’s open P2P market to all different types of consumers, without an intermediary or a trusted third party.

What is the best crypto casino in July 2022? Read our comprehensive comparison! We made deposits, played and reviewed 80+ crypto casinos to choose the best one.

The use of blockchain technology in energy market not only helps automate most of the processes but also acts as an energy fraud and theft prevention mechanism. The transparency, immutability, and security of the Ethereum blockchain makes it easier to track energy distribution and usage, as well as prevent meter tampering, power theft, and other fraudulent activities.

SunContract focuses on the efficient use of clean energy, in a bid to reduce the company’s carbon footprint as much as possible. The company manages this by guaranteeing that all excess clean energy is stored correctly and eventually utilized properly. The company’s project started in 2016 but had already planned out its entire roadmap, explained in the whitepaper.

SunContract ICO

SunContract’s ICO has been successful so far and will continue for few more days. Investors can participate in the initiative by purchasing SNC tokens with Ethereum on the company’s ICO page. SunContract’s native SNC tokens act as the main unit of exchange on the platform.

Investors will receive 10,000 SNC tokens per every ETH, and with the recent increase in energy-backed tokens, the value of SNC is likely to rise when it hits the markets. The SunContract ICO has already surpassed the first milestone of 5000 ETH and now looks to hit 10,000 ETH. Interested individuals can participate in the ICO via the website.


Images courtesy of SunContract

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoin PR Buzz

Bitcoin PR Buzz

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Related Posts

Three Best Cryptocurrencies For 10x Return: Mehracki Token, Decentraland and VeChain

Three Best Cryptocurrencies For 10x Return: Mehracki Token, Decentraland and VeChain

8 hours ago
Why Are Aave, The Sandbox, And HypaSwap The Most Promising Cryptos Right Now?

Why Are Aave, The Sandbox, And HypaSwap The Most Promising Cryptos Right Now?

8 hours ago
Cardano, Litecoin and Adirize DAO: 3 Cryptocurrencies That Are Set to Explode in 2022

Cardano, Litecoin and Adirize DAO: 3 Cryptocurrencies That Are Set to Explode in 2022

9 hours ago
New Cryptocurrency, Proprivex (PPX) Might Be All You Need To Organize Your Crypto Portfolio- Cryptocurrency Learning Resources

New Cryptocurrency, Proprivex (PPX) Might Be All You Need To Organize Your Crypto Portfolio- Cryptocurrency Learning Resources

9 hours ago
Metamortals, Ethereum, and BNB: Promising DAOs With High Potential in 2022

Metamortals, Ethereum, and BNB: Promising DAOs With High Potential in 2022

10 hours ago
Introducing SolMad – the hottest new project to launch on Solana

Introducing SolMad – the hottest new project to launch on Solana

14 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Play Games
  • BET&WIN
  • Bitcoin Casino Reviews

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.