Now today we are living in this global village as one family. Any person around the world can be connected with any other wherever in the world from just a single click. Technology has become so far developed from various sides. Therefore, the word “power” and “electrical energy” has become hugely important words in this fast growing world. Using electrical energy people invented novel products around the globe. To do those tasks what they essential is the power. Without power, we simply can’t imagine a world to live.
Today, alternative current we used is based on centralized power systems. There are many disadvantages and crisis in this centralized power systems. Unfortunately, the bitter truth is there is no any development of AC current system since last two decades. But now we are lucky enough because with the project Eloncity and the token ECT it gives promising hopes to us. Because the project Eloncity will address the key problems in the power industry.
Thereby, we can overcome many problems and disadvantages in this area and the usage of this ECT token will climb up to its climax. So, let’s figure out the future benefits of ECT token and features of the ECT token from this article.
Tóm tắt nội dung [hide]
0.1 What is ECT token?
0.2 Benefits of ECT
0.3 Prominent features of ECT token
0.4 The future usage of ECT
1 Conclusion
1.1 Don’t forget to follow these social media profiles to get the latest news about the project.
What is ECT token?
ECT token is the major water spring of Eloncity platform. ECT token is designed to continue the process the exchange of power in this platform.
Simply, for each megawatt of clean energy, you can get 16 ECT token in reward form. Hence, developers are intending to motivate a large number of people and institutions to invest in energy storage equipment.
Benefits of ECT
ECT is a utility token designed to facilitate energy exchange within an Eloncity microgrid and among adjacent eloncity microgrids. The ECT will have two major functions as follows.
- It acts as a medium of exchange
ECT is used for energy exchange. The basic controlling of energy is controlling the demand for electricity and supply for electricity. Therefore, ECT token can regulate this via short-term price fluctuations. Therefore, the prominent part is consumers are able to earn by giving the generated excess energy from their solar and wind power plants. On the other hand, that means, another consumer can be used with the excess energy generated by the consumer.
- It is so economical
The value of each ECT is determined by the total energy transaction volume of the ecosystem, and the velocity of the ECT transactions. Due to the exchange reserve requirements, there is a limit for the monetary Eloncity which creates value for the ECT and produces a stable token system.
Prominent features of ECT token
The environment for the power exchange or energy exchange in the community has the ability to store the renewable energy.
The ability to link users or customers in the community with energy solutions.
The ability to use generated or earned ECT to get the renewable energy products for the members of this community.
The ability to create a mono renewable energy marketplace that is open and reachable access for any location around the world.
Acts as a medium of energy exchange within Eloncity platform.
Blockchain-based trade system with Al algorithm. Blockchain-based trade systems make energy trade transparent while Al algorithm finds fair market prices in real time as a reference.
Small energy storage systems. Energy storage systems with IoT technologies balance the demands with supplies of locally produced renewable energy.
Switch DC power bus. The new last mile network helps to remove peak loading permanently.
Direct current appliances. New appliances driven directly by Direct Current, eliminate the repetitive power conversion and it improves the competitiveness of locally produced renewable energy.
The new mining scheme makes ESS investment grade financial property, which makes the proof of stored power.
The future usage of ECT
Without any doubt, ECT token will be the major crypto support token in the near future. Near future, it has high market value and high demand to this ECT token due to its superiority.
Second by second, minute by minute and day by day ECT token in the Eloncity project gains popularity among people across the globe. So, definitely, it has good market value to this promising project. Therefore, it is obvious that ECT token or the ECT coin will become the most highly used token or the coin in the future power industry.
The most attractive part of this token is people in all around the globe will get direct access to join with the transactions of it.
Conclusion
The project Eloncity addresses many problems and disadvantages of current centralized Alternative Current (AC) power systems. So, it is obvious that Eloncity project will give the most reliable and practical solutions for the current power industry. ECT token being the major water spring of this project will upward this project. Because ECT token will maximize the value of this project Eloncity. So, there’s no need to think twice for those who are interested to invest in this project, as it has already established its promising future. Eloncity project has a reliable concept of providing renewable energy by using blockchain technology. This project gives lots of benefits to the globe. This is cost-effective, an eco-friendly project which addresses lots of issues in the today power industry. Also, this is a project with having a high potential of success due to cornerstone investor’s investments. On the other hand, these investments will develop the trust among the community toward this project. It enhances the value of Eloncity project underscoring that this is the best platform for investors to invest their money for a big profit.
So I welcome you all, to visit the following links to get more information about the project and I have 100% confidence that this will be a very good project to make your investment to gain a considerable amount of gain for the investment.
Eloncity Website:http://eloncity.io/
Eloncity Telegram Group: https://t.me/Eloncity
Krypital Bounty Telegram Group: https://t.me/KrypitalBounty
Krypital News: https://t.me/KrypitalNews
Eloncity Official Website: https://eloncity.io/
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/
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