Now we live in this world as a family. Anyone in the whole world can communicate with anyone anywhere in the world with just one click. Technology has so far evolved from different angles. Therefore, the word "power" and "electricity" have become important words for this fast-growing world. The use of people with electricity has created new products in the world. To perform these tasks, the main force. Without power, we can not simply imagine the world that lives.
Today, the alternating current that we use depends on the central energy systems. In these central power systems, there are many shortcomings and crises. Unfortunately, the bitter truth is that since the current AC systems from the last two decades there. But now we are lucky, because the Eloncity project and the symbolic ECT give us promising hopes. Because the Eloncity project will solve the main problems in the energy sector.
Thus, we can overcome many problems and shortcomings in this area, and the use of this ECT token will reach its peak. So, let's find out about the future functions of the ECT token and the recognized features of the ECT token for this article.
Some of the ECT features are outlined below;
ECT is a utility token designed to facilitate the exchange of energy in the microgrids of Eloncity and the neighboring microgrid Eloncity. ECT will have two main functions:
• Exchange mode - in networks Eloncity ECT is used to exchange energy. Consumers purchase ECT, providing excess capacity to their peers in networks. A member of the ECT Community is used to access local power grids and products compatible with ECTP
• Store in value terms. Each ECTP-compatible device needs to reserve a sufficient amount of ECT, equivalent to its electrical value, to participate in automatic exchanges. Creating ECT is a valuable asset. The value of each type of ECT is determined by the total volume of energy coefficients in the ecosystem and the speed of ECT transactions. Due to the requirements of the exchange reserve, there is a cash limit of Eloncity, which creates value for ECT and creates a certain fixed system.
The ECT system has many important functions, and is also the medium for energy exchange in the community or in the storage of renewable energy sources. The most important and valuable role of the ECT is one of the ways of exchanging energy consumers with solution providers in decentralized renewable energy sources for the state economy. Communities and villages can use preventive measures to access renewable energy sources and service options. Connecting solution providers to the energy consumer will create a single market for renewable energy sources, not limited to geographic separation, political boundaries, economic barriers or any real or artificial barriers. As this market develops from one community to one global market, ECT values will increase significantly.
In addition, ECT is one of many advantages. The project promises to have significant results that affect the energy sector and our daily lives. Eloncity will provide ECT-token the best solution by running utilities for an indefinite time using locally generated energy from renewable resources. The expected strategy will be to replace the energy resources of fossil fuels and eliminate the associated risks.
Any community that uses the Eloncity model in its own renewable energy, Micro will be able to use clean renewable energy sources for members of its community. This energy network provides energy and social needs, especially during natural disasters or emergencies, and will help individuals and businesses save a lot of money on electricity bills. Eloncity will help with the use of communities of ECT tokens, as well as individuals and enterprises in them, to invest in energy facilities and equipment that provide their energy and cost, and also help in the creation of renewable energy sources for their use.
The Future of ECT
At some point in the future, energy exchange is likely to be reduced from construction to construction, since the BESS system with high capacity is more common due to the low cost of battery cells. It is expected that the planned buildings of the future will be more energy efficient. The company's analysis shows that the energy exchange due to the roaming of electric vehicles (EV) between the micrograph will increase significantly and, therefore, will be compensated for any reduction in the size of heat exchangers from construction to the building. As indicated in the Eloncity document, EV and roads will become another network for renewable energy sources. It is expected that in this future competition in English will play a decisive role as a means of exchanging energy.
Token sale
The ERC-20 protocol is used in development.
The total volume of deliveries of all token will be: 1 billion from the ECT and 320 million of which will be sent for sale.
The subsequent distribution of tokens is as follows:
320 million characters designed to improve production
7.5 million pieces will be reserved for the team
14.5 million pieces, destined for future developments
14 million tokens are also devoted to marketing
Minimal commission: 10 million US dollars
The maximum commission is 33 million dollars.
You can only buy a token for BTC and ETH
At the moment, ICO is in the stage of your sale. At this stage, the purpose of the collection: 19 million dollars, so the investment now attracts only large investors
Conclusion
The Eloncity project addresses many of the problems and shortcomings of existing energy systems (AC). Therefore, it is clear that the Eloncity project will offer more reliable and practical solutions for the current energy sector. The ECT token will be the main project for spring water for this upward project. Because the ECT token will increase the value of this Eloncity project. Therefore, there is no need to think twice about those who are interested in investing in this project, because it has already created its promising future. Eloncity has a reliable concept of providing renewable energy using blockchain technology. These projects bring many advantages to the world. This is a cost-effective and economical project, which today affects many problems in the energy sector. The project is also very successful due to investments by investors in the foundation stone. On the other hand, these investments will increase the community's trust in this project. And it strengthens the value of the Eloncity project, which confirms that this is the best platform for investors to invest their money in greater profits.
Eloncity Official Website: https://eloncity.io/
Krypital Bounty Group: https://t.me/KrypitalBounty
Eloncity Group: https://t.me/Eloncity
Krypital News: https://t.me/KrypitalNews
Don't forget to follow these social media profiles to get the latest news about the project.
Facebook : https://www.facebook.com/Eloncity-229599404279234/
Twitter : https://twitter.com/Eloncity_io
Linkedin : https://www.linkedin.com/company/eloncity/
Instagram : https://www.instagram.com/eloncity_io/
Reddit : https://www.reddit.com/r/Eloncity/
Prepared by
joey alexander