Thoughts about SunContract Projet and ICO

in #cryptocurrency7 years ago (edited)

Hi everyone,

I wanted to share with you this projet : https://suncontract.org/

Electricity as a Service

Decentrelized electricity sounds like a good idea.
With Solar panels on our Roofs, domestic wind turbines we'll have more electricity to use and sell.
However we have to sell it to an energy company with THEIR price and infrastructure.

Most of the time we need these infrastructure to send it into the global system but when you want to create a service
from Producer to User we're stuck and can't sell it directly.

Good idea, wrong technology ?

Why using Ethereum ? Just for ICO ?
That's the part I disagree with and I think It discredits the projet.
We can speak about scalability but It's not the only problem, the token itself doesn't really have utility IMO.

I think that for this kind of service even on blockchain we should use the mother token of the blockchain. Accessibility of crypto currencies are not that easy, and alt tokens even more !

Why don't they use IOTA ?

IMO #IOTA seems a more adapted technology for this project.
The tangle pattern is fast and fee-free perfect for fast small transactions.
Also, create a service on it will be interoperable with other users and / or devices creating a large and smart service.

Take a further look at #IOTA here 😃 : https://iota.org

Large Team but.

Where are developers ? We can create really amazing futuristic projet but we need peoples to build them.
Or it will take ages, that's a fact money can't make development proportionally faster.

We see it with Status.im we can't blame them but peoples don't seem to understand how long a project like this can be.

Your thoughts ?

I'm still pretty new to steemit and I'm surely not a crypto expert so what are your thoughts about this ?
Curious to read the point of view of some of my #steemit mentors : @boxmining @kingscrown @firepower

Whitepaper

https://suncontract.org/res/whitepaper.pdf

Edit: sorry for the title typo ^^'

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Seems like an interesting idea...
@pocketechange

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