ELONCITY: LEADING THE MASS ADOPTION OF GREEN ENERGY

Eloncity is a blockchain startup that seeks to disrupt the energy production industry. The current electricity generation is highly centralized top down from the macro-level (top-tier management) to the micro-level(actual production processes involved). Eloncity’s proposal for the energy production of the future involves breaking down the power production into regional microgrids which contribute to the main grid. Individuals and organizations who are able to generate surplus energy from renewable means such as solar and wind are incentivized to contribute to a peer-to-peer energy economy. Not only is this scalable, and environmentally sustainable but it also creates a permanent solution to our ever-growing energy requirements.

Exposure & Partnerships

To be able to achieve its goal of making distributed power distribution a reality, Eloncity has made a lot of efforts to sensitize people about the opportunity of decentralized power regeneration ahead of its tokensale. As part of the Krypital Group of projects, Eloncity has participated in the Krypital World Tour in Asia making presentations in three of the most crypto-awakened countries in the world: Korea, Vietnam and Singapore. In addition, ELoncity infrastructure will be run on top of Cybermiles blockchain, which is developed to support high throughput e-commerce applications. Eloncity is also partnering with Arcblock, to utilize their innovative blockchain application OCAP

AMAs

To be able to reach out to even more investors a number of AMAs(Ask Me Anything) have been held, offering an opportunity for the community to learn more about the project. And of course to earn a few tokens through airdrop while at it. Eloncity has organized a number of interviews with some of the most reputable youtube voices in the cryptocurrency space. If you missed these AMAs you can be able to catch up by following on the hyperlinks I have provided for each of them. Some of the AMAs that have been held include this between Eloncity Founders Andy Li and Mike Nguyen with Crypto Love. An earlier AMA was held on July 11 when Crypto Crow hosted Eloncity ICO Founder Andy Li and Mike Winn. The earliest interview was held by ICODrops hosting Andy Li and Michael Nguyen, the Vice President of Program Management.

Token Distribution

The fundraising goal of the Eloncity project is a hardcap of $33m and a softcap of $10M. The amount is divided into allocation tiers of$6M for Cornerstone Investors. $19M for the private sale and $8M for the public sale. A total of 1 billion tokens will be distributed as follows:
32% total amount that will be sold
32% tokens mined for stored renewable
7.5% team
14.5% Eloncity lab
14% Marketing

Private Sale

will hold a two tiered crowdfunding process involving a private and a public sale. So far, Eloncity has received financial support from some of the most reputable venture capitalist firms in the space including Horman Capital, Collinstar Capital, Interblock Capital, OKCapital, Starwin Capital, LD Capital and Fenbushi Capital.

Public Sale

Currently the exact date of the public sale has not been issued. However, token metrics are as follows:
• Ticker: ECT
• Token type: ERC20
• ICO Token Price: 1 ECT = 0.12 USD
• Fundraising Goal: 33,000,000 USD
• Total Tokens: 1,000,000,000
• Available for Token Sale: 32%
• Know Your Customer (KYC): Yes (period isn't set)
• Сan't participate: China, USA
• Min/Max Personal Cap: 0.1 ETH / 3 ETH
• Accepts: ETH

The public sale will be carried out on the Tokeneed platform. Potential investors can submit their legal information as they await the details to emerge. However, if you have participated in any other ICO held on the platform, for example Merculet or Egretia, you need not submit your documents again.

Conclusion

The impact of a clean, scalable sustainable energy platform cannot be overstated. This is one of the projects that seek to utilize blockchain to make the world a better place. Not only can the creation of cleaner energy make our planet greener, but the fact that this can be achieved while making it possible for marginalized people to enjoy electricity, and even earn from its production, is what makes it unique. Eloncity has been in incubation since 2014 and has hit important milestones to be able to achieve the current phase. I believe this will be one of the best projects to watch not only in 2018 but also to improve the future of mankind.

Unique identification link Eloncity: http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000123
For more information you can follow the following important links:

Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews