Suncontract ICO starting today, an independent energy marketplace
Suncontrat is an innovative project based on Ethereum's block-chain, aiming to create a fair energy marketplace. Its ICO crowdfunding (Initial Coin Offering) is starting today at 3PM UTC.
Suncontract's decentralized energy market will allow independent energy producers to resell energy directly to consumers. It will use the SNC token presented at today's ICO as its cryptocurrency.
Say you have a roof equipped with solar panels. With Suncontract's platform, you will be able to sell your excess energy directly to end consumers, avoiding middleman. Every participant in this trade would get a better rate.
The service will be deployed in Slovenia first, where the company is based, and expand further into other EU countries and beyond.
ICO terms
The ICO will run for 4 weeks with a cap set at 100,000 ETH. Here's the SNC's launch price:
- First week (from June 28th to July 4th): 1 ETH will be worth 11.500 SNC;
- Second week (from July 5th to July 11th): 1 ETH will be worth 11.000 SNC;
- Third week (from July 12th to July 18th): 1 ETH will be worth 10.500 SNC;
- Fourth week (from July 19th to July 25th): 1 ETH will be worth 10.000 SNC;
Security reminder: If you decide to invest in this project, be sure to use the address on the official website: https://suncontract.org. As always, scammers are waiting at every corner!
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