As the demand rises the limited natural resources that are used to power the world are diminishing. It takes thousands of years for these resources to store. Overconsumption is a major cause for energy crisis. There is a shortage of fossil fuels such as oil, gas and coal due to overconsumption. Another crisis is the increase of world population. The demands for power rise. Also, poor infrastructure is yet another reason for energy shortage. Aging infrastructure of power generating equipment is also another reason. Several countries have delay in commissioning of new power plants that can fill the gap between demand and supply of energy. In most parts of the world there is no understanding for conserving energy. They waste electricity without giving a second thought. In developing countries frequent breakdown occur due to poor distribution system. Many possible solutions are already been discussed. However, the adoption of these possibilities is less. The best solution is to move towards renewable energy. Eloncity comes with features that adopted all the necessary solutions for these energy crises. There are several ongoing greener manufacturing projects by recognising their crisis. Apart from this, world faces major environmental and health problems due to gas emission. Some parts of the world the right for power have been taken away from citizens due to shortage of power production and poverty.
What is Eloncity?
Eloncity decentralises our power infrastructure into ample independent microgrids. Eloncity open technology aid in creating electricity nearly free that modify provide of unpolluted energy to the total world. Eloncity is here to solve a universal issue. Eloncity project is focusing more on replacing the traditional power system with a decentralised power infrastructure. This stored renewable energy would be available at any time of the day. Eloncity uses blockchain to restructure the global electricity market. According to Andy Li, the aim is solve the issue of cold start energy storage systems.
The Eloncity model is built on four key pillars
👉 A decentralized renewable energy architecture which consists of
✅ High-performance blockchain technology
✅ Crypto utility token
✅ Intelligent networked battery energy storage system
✅ Community-based renewable generation
✅ Community DC power network more efficiently with a solution for the loss from repeated AC-DC-AC conversion
👉 Community-driven planning and implementation warrant
👉 Revolving loans fund with combined performance-based projects
👉 To mitigate imbalanced market powers
Eloncity advantages
☑️ The transparent transaction with ETCP or blockchain platform
☑️ An open marketplace with an efficient and unified network
☑️ The decentralized energy architecture provides greater energy service reliability
☑️ Lower Eloncity community cost
☑️ Increased safety with Eloncity renewable generation and BESS
☑️ Societal benefits
☑️ Achieve GHG emissions reduction
☑️ Adaptation to any climate, natural, or human based disaster
☑️ Electrification of transportation will result in low emission vehicles/transportation
☑️ Supports the local economy and its development
☑️ Environmental benefits and public health
Token
The token sale of Eloncity is not yet decided. The ticker is ETC. The token type is ERC20. ICO token price is 0.12 USD. Fundraising goal is 33,000,000 USD. Total tokens are 1, 000, 000, 00 tokens. 32% is available for token sale. China and USA cannot participate in the token sale.
Eloncity team
⏩ Andy Li – Founder
CTO/CEO of Pomcube and former CTO of Chinacache
⭐️ Alibaba fellow for the 1st direct current data center in China in 2010
⭐️ Architect for many internet backbone networks in Asia/ US when working for Cisco as principal engineer
⭐️ World’s first commercially available energy router for residence and SOHO
⏩ Just Wang – Product manager
Lead architect for iCAN, Netzero
⭐️ Architect, Modular data centre, Smart3Technology
⭐️ Sr. ME, Emerson Network power, Kian, China
⏩ Dumping Yao
Hardware engineering manager
⭐️ 6 years working experience in BMS hardware design
⭐️ Research assistant, VRB charging technology for two years at INET of Tshinghua University
⭐️ MSEE in Diagnatics and Automation technologies, University of South China
⏩ Haichuan Jiang
System verification manager
⭐️ 10 years + at technical work
⭐️ Experience in system testing and software testing programs
⭐️ Success in managing integrated communication exchange system verification projects
⭐️ Team lead of cloud platform based energy storage system project on AWS
⏩ Michael Nuguyen
Program management
Energy is a right. Due to several factors that right has been eliminated from certain human beings. In the near future if a solution is not given it will be eliminated from the whole of mankind. However Eloncity, decentralized energy infrastructure will electrify the whole world for free.
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