What is Eloncity?
Eloncity is a model for the planning, constructing and operating community-based renewable microgrid, which means:
➢ Community-centric - the community members coordinate with each other to exchange energy and share energy equipment costs-benefits (e.g., solar PV, battery energy storage system (BESS), energy management system, and others) to access more reliable and cost-effective local energy supply, to maximize the utilization rates of the installed equipment for accelerated return-of-investment (ROI) and other benefits. The community-based approach uses the collective resources of the entire community to implement a project which might be too costly to be done on an individual basis or must rely on funding from a sponsor’s whose interests may not completely aligned with what deem important to the community.
➢ Renewable-based – use locally available renewable resources, such as solar or wind power, to produce electricity locally to fulfill the community energy needs.
➢ Microgrid – means that community energy system is designed to be capable of operating in island-mode AND grid-connect mode. Island-mode means that the community can operate on its own which the community energy needs are fulfilled by the energy produced locally in the community. The island-mode keep the community safe and operational during disaster or emergency events when the energy services from the main grid are disrupted. The grid-connect mode means that the community energy system is connected to the main-grid allowing the community to import energy from the main-grid to supplement the community-produced energy. In the connected mode, the community energy system can provide energy services to the main-grid when the main-grid is failing or does not sufficient localized energy supply to support the main-grid operation reliably. The grid-connect mode is important because it allows the community to leverage resources from the main-grid because it offers the opportunity for the community to generate revenue when the community provides energy services to the main-grid while allowing the community to import energy from the main-grid when it makes senses financially.
Eloncity model integrates advanced technologies, best practices and lessons learned to create a scalable and replicable design for unleashing the potential of the community-based renewable microgrid to attain an energy future safe, secure, healthy, sustainable and equitable, and more vibrant regenerative energy future. The Eloncity model builds upon four key pillars:
Decentralized renewable energy technology architecture, which comprises
● Blockchain technology platform that provides an open secured and distributed ledger for efficient recording of energy transactions and the sources of electricity generation in the community, renewable or fossil-fuel;
● Crypto utility token (Eloncity Token or ECT) facilitates local energy exchange and incentivize investment in the battery energy storage system (BESS) for storing newly harvested renewable energy, as well as creating an open global marketplace that enables communities around the world to access advanced renewable energy products and services;
● Intelligent networked BESS harmonizes local electricity supply-demand and flattens intermittent renewable generations into predictable, reliable and dispatchable renewable resources;
● Customer-sited and community-based renewable energy generators, coupled with intelligent networked BESS, in-front-the-meter BESS and behind-the-meter BESS, fulfill all or nearly all the local energy demands;
● Community DC switching power network(s) eliminates the congestion on the last-mile networks and allow energy to flow from any party (or parties) to any other parties. The costly AC power ancillary services are no longer needed while the shared BESS makes 24x7 renewable energy reliable and cost-effective, and
● DC appliances enable the community to use the renewable powers more efficiently by mitigating losses from repeated AC-DC-AC conversions.
ELONCITY — Review Cornerstone Investments of Project
1.We are happy to welcome our newest investor Ceyuan Digital Assets to the #ELONCITY family. Ceyuan is a Beijing based venture capital investment group that aims to advance math and science based technologies, and help entrepreneurs build world class enterprises. #Blockchain #ECT
LINK :
https://twitter.com/Eloncity_io/status/1027577633733861376
- Eloncity_io
2.GVC's investment portfolio primary covers blockchain system infrastructure, application agreements, and financial services, extending to Silicon Valley, Singapore, Japan, and Korea. #Eloncity #blockchain #ECT
LINK:
https://twitter.com/Eloncity_io/status/1026570246000463874
- Eloncity_io
3.Investment from Powerlink Labs. Read by over 1 million users, nearly one hundred #blockchain reports have been published by Powerlink Labs, covering numerous blockchain application scenarios. #Eloncity
LINK:
https://twitter.com/Eloncity_io/status/1026150906193170432
- Eloncity_io
4.Investment from Decentrust Capital. Decentrust is primarily focused on the long-term development of innovative projects, including, but not limited to, Fusion, Cybermiles, Arcblock, Vechain, and Qtum. #Eloncity #Blockchain
LINK:
https://twitter.com/Eloncity_io/status/1025444375294357504
- Eloncity_io
5.Investment from Qingzheng Capital. We look forward to utilizing your 5+ years of experience in blockchain venture capital funding. Qingzheng is a prominent investor in news, digital asset trading platforms, IoT, and app development. #Eloncity #blockchain #ECT
LINK:
https://twitter.com/Eloncity_io/status/1024705318901739530
- Eloncity_io
6.Investment from Fly Fund, a joint investment venture between Dalin Group and Juntian Investment Co. We are excited to utilize Fly Fund's resources and experience in the South American energy sector. #ELONCITY #Blockchain #ECT
LINK:
https://twitter.com/Eloncity_io/status/1023795518508597248
- Eloncity_io
7.venture funding from JRR Crypto. With experience in the energy sector, JRR Crypto is not only a valuable resource in the field of Blockchain but possess skills to aid the exponential development of #ELONCITY distributed renewable energy
LINK:
https://twitter.com/Eloncity_io/status/1022707984286326784
- Eloncity_io
8.Investment from Interblock Capital, a Canadian encrypted currency and certificate investment fund that focuses on blockchain venture investments, resource and information exchanges, and consulting services. #ELONCITY #Blockchain
LINK:
https://twitter.com/Eloncity_io/status/1022363512092467202
- Eloncity_io
9.Investment from CollinStar Capital, an asset management organization, based in Australia, which specializes in Blockchain infrastructure and digital currency investment and consulting. We are excited to utilize your vast knowledge of cloud computing. #Eloncity #ECT
LINK:
https://twitter.com/Eloncity_io/status/1021988403582300160
- Eloncity_io
- Investment from Horman Capital, a VC organization that invests primarily in early stage and growth stage businesses that possess dedicated teams and innovative technologies able to disrupt large, traditional, inefficient industries. #Eloncity
LINK:https://twitter.com/Eloncity_io/status/1021637111483654144
- Eloncity_io
11.Investment from LD Capital, a digital asset investment fund, specializing in blockchain technologies. LD Capital is primarily focused on blockchain finance, content, gaming, IoT, and emerging technologies. We look forward to our future collaboration! #Eloncity
LINK:
https://twitter.com/Eloncity_io/status/1021414279420030976
- Eloncity_io
12.We are excited to team up with 
LINK:
https://twitter.com/Eloncity_io/status/1019807210128531457
- Eloncity_io
13.Investment from Starwin Capital, a financial platform that specializes in global venture capital and growth services, cloud computing/big data/AI, financial technologies, and cross industry networking. #Eloncity #ECT #renewableenergy #blockchain
LINK:
https://twitter.com/Eloncity_io/status/1019477620344401920
- Eloncity_io
14.Investment receival from @KrypitalGroup, a world leader in blockchain marketing. Krypital will assist our organization with industry resource integration, marketing, technical support, and community organization. #Eloncity #ECT
LINK:
https://twitter.com/Eloncity_io/status/1019100033264832513
- Eloncity_io
Beside that,
Eloncity is partnering with 
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
My Tokeneed UID: 3511598453