How to join Private Sale - Eloncity Project (ECT Token)

kathymith1510 (5)in #review • 6 years ago (edited)

--What is the vision of Eloncity?
AI Grid Foundation (Foundation), a non-profit organization based in Singapore and an advocate for employing decentralized renewable energy as possible pathway to address our energy challenges. We see an attainable energy future that is safer, cleaner, more profitable, more accessible to all. We believe the shared and consensus-based blockchain technology is vital for building the collaborative decentralized renewable energy future. We recognize that crypto utility token is an effective and efficient catalyst to create open, leveled and unified renewable energy marketplace for linking energy consumers with product and service providers around the world. We collaborate with global technology and financial partners, local governments and public agencies, communities, and advocacy groups, non-profit organization and other stakeholders to build a collective pathway to that future.
What are the advantages of the Eloncity model?
➢ Open and Secured Energy Transaction - The ECTP or blockchain platform provides an open, secured and distributed ledger for efficient recording of the transaction of energy services in the community in verifiable and immutable manner. The blockchain platform also enables Eloncity to establish an auditable record for tracking the sources of electricity generation in the community, whether it be renewable or fossil-fuel. The auditable tracking of electricity generation sources is critical for valuation of electricity based on generation sources and monitor the community’s progress toward the renewable GHG-free future. This feature facilitates a shared resource economy to maximize asset utilization rates and cost-effective access to decentralized renewable energy.

➢ Unified and Efficient Energy Marketplace - Eloncity Token facilitates an open market that enables communities around the world to exchange energy and shared-resources locally and also to access the unified network of global renewable energy products and solutions. Similarly, renewable product and service providers benefit from a more open market.

➢ Greater Reliability – The Eloncity provides greater energy service reliability through the decentralized energy architecture’s inherent design ability to anticipate, absorb, adapt to and rapidly recover from potentially disruptive events. The Eloncity design includes arrays or windmills locally, and intelligent networked BESS acting as an energy arbitrage for maintaining local electric service stability, flexibility and resilient energy supply during grid service disruptions and emergency events. The BESS, either behind-the-meter and front-of-the-meter, will power the entire community for the desired duration to ride through an emergency event, through the PV non-production periods, until the sun or wind becomes available again to energize the local renewable generators to recharge the BESS. Both technologically, BESS is a direct response to address the mismatch of electricity supply and demand at every level of the grid network and overcome risks of single point vulnerabilities inherent in the centralized grid architecture.

➢ Lower Costs – The Eloncity model is designed to lower Eloncity community energy expenditures over the project’s useful life. The energy expenditure savings are achieved by the combination of (a) Local DC grid network within each community, large appliances powered by DC electricity, together with targeted energy efficiency retrofits to lower overall energy losses and consumption, (b) Generate renewable energy locally to offset all or most of local electricity demands, (c) Flatten peak energy demands to minimize costly demand capacity charges, (d) Purchase centralized grid energy only during the period of lower cost (i.e., off-peak in constrained areas or excessive-generation in areas with utility-scale renewables), and (e) Provide ancillary services to the centralized grid to generate revenues. Economic savings is a fundamental feature of the Eloncity model, especially in addressing the mounting challenges with high energy cost which disproportionately burden the underserved communities.

➢ Increased Safety – The Eloncity’s renewable generation and BESS reduce or eliminate risks from the dependence on fossil fuel-based backup generators that are often not available in a disaster, have high safety risks of fire, explosions, gas poisoning, and are quite likely available for only the limited amount of time while gas/diesel is available. Eloncity will power the public safety facilities indefinitely in standalone mode with inexhaustible local renewable resources. The model proposes a direct response to address the unacceptable risks to public health and safety posed by the fossil fuel-based energy resources.

➢ Societal Benefits – Community-based renewable microgrid (CRM), based on the Eloncity Model, supplies daily non-GHG energy to power the community. The CRM provides energy security and community safety during the disaster and emergency events, as well as ongoing energy bill savings that allow the community to focus its budgets toward critical social programs. Additionally, CRM projects include targeted building energy efficiency retrofits that not only produce energy and financial savings but also make existing community facilities more comfortable and productive with the installation of more energy efficient equipment and building retro-commissioning. This mission is driven by how the Eloncity model is structured to unlock more than quantitative benefits through a decentralized energy system. The vision of Eloncity is also grounded in an energy future that is more equitable and poised for universal replication because of its intended qualitative and societal benefits. Beyond the metrics of a more efficient energy system, the decentralized energy system of the Eloncity model is designed specifically to advance the environmental, social and cultural values of its stakeholders.

➢ GHG Emissions Reduction – Eloncity will achieve significant GHG emission mitigation by (a) reducing GHG emission through targeted building energy efficiency to lower energy consumption, (b) replacing fossil fuel-based and nuclear-powered electricity generation with renewable electricity generation and (c) limiting the needs to operate fossil fuel-based peaker plants through flatten peak demands with load-shifting with combinations of energy storage and customer energy demand management. This feature addresses the concern for public health and environmental equity, especially for disadvantaged communities.

➢ Adaptation – Eloncity’s decentralized energy system provides the community with increasing energy security and resilience for adapting to any potential climate-induced, other natural or human-made disasters. The Eloncity’s decentralized and redundant local renewable generations with intelligent networked BESS will continuously power the community during emergency events when the centralized grid services are disrupted. The ability to safeguard the community and resilient energy infrastructure remains a dire need that is the embedded in the DNA of the Eloncity Model.

➢ Low-emission Vehicles/ Transportation – The Eloncity power system and blockchain architectures include an advanced energy management system, local renewable power generation, an intelligent networked BESS, electric vehicle (EV) to grid connection, and roaming EV charging to support the electrification of transportation. With the communal value-added benefits that EV and V2G technologies, the Eloncity model advances public safety, health, and lower transportation cost.

➢ Economic Development – Eloncity will produce energy locally for consumption. Significant energy expenditures will be retained locally to support the local economy. Eloncity projects will directly support local clean energy employment that will provide human resources to support the Eloncity project planning, design, build and operation. Moreover, Eloncity pushes the technological and business model advancement to create a new generation of Adaptive Community Renewable Microgrid to provide energy security and safety to communities in disaster-prone areas. The Eloncity pilot project will provide appraisal data, a holistic framework, pragmatic tools, standardized approaches, and defined methodologies for replicating the Eloncity model in targeted areas. Thus, Eloncity provides not only energy security and community safety, but it also holds significant potential for economic development through the Eloncity model; a model where local communities are empowered to expand the local capacity and workforce.

➢ Environmental Benefits and Public Health – As discussed in the above paragraphs on “Increasing Safety” and “GHG Emission Reduction”, Eloncity will maximize the synergies of targeted energy efficiency retrofits, decentralized renewable generation, energy storage and other behind-the-meter resources to lessen the reliance on dirty fossil fuel-based or nuclear powered electricity, reduce or eliminate risks from the dependence on fossil fuel-based backup generators that are often not available in a disaster, have high safety risks of fire, explosions, and gas poisoning

ELONCITY Private Contribution Registration has started on June 28, 2018. The registration form is posted on the official website of the Eloncity project.

And here are some things important to know when you participate Eloncity's Private Sale / Public Sale.

TOKEN DISTRIBUTION

-Total supply: 1.000 million ECT

-Total coin for sale: 320 million ECT

-Token price: 1 USD = 9.8 ECT

-Min Investment: $ 200,000, and a discount of 15%.

-Max Investment: $ 600,000, and a discount of 15%.

-The rest for Team (7.5%), EloncityLab (14.5%), Marketing (14%)

-Soft cap: $ 10,000,000

-Hard cap: $ 33,000,000

-Contribute to Private Sale: $ 19,000,000

Vesting period: 9-months locking position with 10% of token released at the same time as the main token release (six (6) weeks after the completion of the main contribution). Thereafter, 10% token released per month in 9 consecutive phases.

The project does not accept buyers from the United States, China (except Hong Kong, Macau, Taiwan), New Zealand.
To join the private sale, you need to register and pass the KYC(Know Your Customer) verification step.

Acceptance of payment: Ethereum (ETH) and Bitcoin(BTC)

What is the step-by-step process of participating in the private contribution?
To participate in the private contribution, you will need to follow the below steps.

Click the button “Private Contribution Registration” on Eloncity’s official website to open our registration Google form;
Fill in and submit the Google form;
Wait for Eloncity’s review and approval;
Only approved and selected candidates will receive our email notification through [email protected]. You will need to complete the KYC process on www.tokeneed.com
Once your KYC gets approved, you will receive a participation instruction via email;
You will need to sign a private contribution agreement with the Foundation and complete your contribution pursuant to the terms of the private contribution agreement.

Please be cautious about scams! Some scammers will use a forged email. Make sure to double check your email sources or headers before you click “reply.”

CLICK HERE TO JOIN :
https://docs.google.com/forms/d/e/1FAIpQLSeAz1MEVQ0qzdyQbb5-3cP876NmsaYgoA1ozLSZEhpVv9dhGg/viewform

What do I need to provide for KYC?
You will need to provide the following information and documents:

Name
Nationality
Email
Address
A scanned copy of the photo page of your passport, or government issued photo ID (front & back);
A selfie photo with your ID.

We may ask for additional information in certain cases.

MORE INFORMATION:

Website: http://www.eloncity.io
whitepaper: https://drive.google.com/file/d/1dkUNgo1_m4X4gf96rfnwEIN-W4P5HB9c/view
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Medium: https://medium.com/eloncity
Telegram: https://t.me/Eloncity
Facebook: https://www.facebook.com/Eloncity
Twitter: https://twitter.com/Eloncity_io
Reddit: https://www.reddit.com/r/Eloncity/
Bounty: https://bitcointalk.org/index.php?topic=4443361