Eloncity ICO Review: Recent Updates and News from Eloncity Team

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Eloncity is the 5th project Krypital Group introduced to the Crypto community. The main idea of ​​this project is to decentralize the energy infrastructure into millions of  micro-Grids that are self sufficient. Locally produced energy is available 24/7 and directly competes with utilities. As a result, energy prices will become more transparent and people will use Eloncity’s open technology to create near-free electricity, providing clean electricity to the world.

"ELONCITY decentralizes our power infrastructure into millions of self sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities. Energy price becomes transparent to all. People use eloncity's open technologies to make electricity virtually free so that we can electrify the world with clean energy"

In this article, we review the recent News and Updates from Eloncity Team from Aug 10, 2018 until now.

Eloncity ICO Review: Recent Updates and News from Eloncity Team

1. Aug 11, 2018: Upvote Eloncity project on ico-hub.org

On 10/8/2018, Eloncity project was listed on the ICO lab page ico-hub.org. Eloncity Team has officially announced on the Twitter channel and encouraged the communinty to voteup for this project:

“Come vote for ELONCITY on icohub! , login with your telegram account and hit the “You Upvoted” on Eloncity’s voting page. Once you logged in, you will get hub tokens for it as well!

How to upvote for Eloncity project on http://ico-hub.org:

– Open the above link to the upvoted page of Eloncity project.

– Log in to ico-hub.org with your Telegram account.

– After logged in, vote up for the Eloncity project by clicking the Up-vote button.

Upvote Eloncity project on ico-hub.org
Upvote Eloncity project on ico-hub.org

Your upvoted will help Eloncity project to get more credibility & trusts-core in the crypto community. Eloncity is currently receiving 276 up-votes, with a trusts-core of A, similar to other hot ICO projects, such as: DFINITY, TEZOS, THUNDER CORE, QUARKCHAIN, …

2. Aug 15, 2018: Sanjeev Gupta’s SIMEC Zen Energy invests in Australia’s renewable energy program.

The first $ 1 billion project in the nation’s renewable energy program was launched near Whyalla in South Australia as part of an effort to push down the price of electricity in Australia. The 280 MW Cultana solar farm will start construction in early 2019, using 350 workers in the construction process and providing greater energy security for the Whyalla Liberty Steel OneSteel.

In the announcement on August 15th via Eloncity’s Twitter channel:

“Billionaire Sanjeev Gupta’s company SIMEC Zen Energy has invested heavily in Australian #renewable #energy. “The 600 gigawatt hours of generation per year was enough to power 96,000 average homes, with its 780,000 solar panels across 11 square kilometers.” “

Billionaire Sanjeev Gupta says his company’s investment, SIMEC ZEN Energy, has formed part of his firm belief that there is an excellent future for the energy industry through the transition to energy. regenerative.

Sanjeev Gupta's SIMEC Zen Energy invests in Australia's renewable energy program.
Sanjeev Gupta’s SIMEC Zen Energy invests in Australia’s renewable energy program.

“Solar energy will be the main base of our ambition in Australia but we will invest in wind power and we have a lot of storage solutions,” Gupta said.

A second solar project will also be built nearby, with larger projects to track in other states, SIMEC ZEN said.

3. Aug 17, 2018: To Confirm ECTP is an AI-Based Algorithm

On a tweet by Eloncity Team on Aug 17, the Team confirms that the Eloncity’s ECTP protocol was based on an artificial intelligence algorithm (AI). The tweet wrote:

“ELONCITY’s ECTP is based on blockchain technology to create a highly efficient and trusted community-based electricity exchange platform. It also specifies hardware devices and power network requirements for peer devices to exchange electricity on the blockchain platform.

4. Aug 20, 2018: Clarification on Eloncity Token (ECT)

Eloncity’s tweet posted on August 20 wrote:

“The ECT is a utility token designed to facilitate energy exchange within an Eloncity microgrid (i.e., ECTP- compliant microgrid) and among adjacent Eloncity microgrids.”

ECT is a Utility Token , designed to facilitate energy exchange in a microgrid Eloncity (microgrid compliant ECTP protocol) and between the adjacent micro-grids of Eloncity.

5. Aug 21, 2018: The Future of Renewable Energy

“The short and sweet is renewable energy is here to stay. $2.9 trillion has been invested since 2004. 2018 welcomed a 29-fold increase in investment in the United Arab Emirates and a 810% investment increase in Mexico”

That is a great article discussing in details about the future of the renewable energy industry. The sweetness of renewable energy is here with $ 2.9 trillion invested since 2004. In 2018, investment has grown 29 times in the United Arab Emirates (UAE). ) and 810% increase in Mexico.

Aug 21, 2018: The Future of Renewable Energy

Details of the article, you can see at:  https://www.weforum.org

6. Aug 22, 2018: United Nations Clean Energy Ambassador joins the Eloncity Project as Advisor

An official announcement on Eloncity’s Twitter channel on Aug 22, 2018:

“Recently, the United Nations’ Clean Energy Ambassador Dai Zhen officially joined the Eloncity team as an advisor. Dai Zhen has profound insight and abundand experience in both the blockchain and energy industries.

Dai Zhen has deep experiences and connections in the blockchain and energy sector that will provide strong support for ELONCITY’s international development, accelerating the rapid transition of the global energy industry.

Dai Zhen and Andy Li (founder of Eloncity) share the desire to develop the antique energy industry into an era of energy, renewable energy and distribution. Zhen’s extensive connections and experience in the areas of blockchain and energy will prove invaluable in expanding and implementing ELONCITY technologies on a global scale. Being the first to explore blockchain in the energy industry, Dai Zhen and Andy Li have the opportunity to empower end-consumers to distribute their energy resources while promoting clean and renewable energy. create.

Aug 22, 2018: United Nations Clean Energy Ambassador joins the Eloncity Project as Advisor
Aug 22, 2018: United Nations Clean Energy Ambassador joins the Eloncity Project as Advisor

7. Aug 23, 2018: A brief explanation of Eloncity’s solution

On a tweet by Eloncity Team on Aug 23:

“The #Eloncity design includes locally solar PV arrays or windmills, and intelligent networked BESS for maintaining local electric service stability, flexibility and resilient energy supply during grid service disruptions and emergency events.”

8. Aug 24, 2018: The Private Sale / Cornerstone Contribution of Eloncity has ended.

On a tweet by Eloncity Team on Aug 24: Eloncity Team has officially announced that the Private Sale / Cornerstone Contribution of Eloncity has ended.

“ELONCITY’s Cornerstone/Private Sale Registration has ended. ELONCITY is still successfully financing in the bear market. We greatly appreciate everyone’s participation! Participation details of public token contribution will be announced soon”

The Team highly appreciates the contribution of investors. Plans for the Public Sale event will be announced in the near future.

Aug 24, 2018: The Private Sale / Cornerstone Contribution of Eloncity has ended.
Aug 24, 2018: The Private Sale / Cornerstone Contribution of Eloncity has ended.

9. Aug 28, 2018: Pioneering an Electric Grid in the Middle of Nowhere.

“The Eloncity Model aims to unlock the full potential of what it means to develop “community-based off-the-grid solutions” and demonstrate a replicable community-driven model for other villages’ development in the future”

On August 28, 2018, Krypital Group posted an article in Eloncity Medium blog discussing about the solution and Eloncity’s pioneering step in building a modern grid. Read the full article at: https://medium.com/eloncity

10. Aug 29, 2018: Up to 30,000 ECT award from Andy Li – Founder and CEO of Eloncity.

Aug 29, 2018: founder, Anly Li share an event worth up to 30,000 ECT for participants. The Team will select the 5 lucky winners along with the gift of a T-shirt from Eloncity.

A tweet on Eloncity’s official Twitter channel:

“Why are we paying more for transmission & distribution charges than for electricity itself? ELONCITY’s founder, Andy Li, helps you break down your energy bill! Up to 30,000 ECT to win”

Up to 30,000 ECT award from Andy Li - Founder and CEO of Eloncity.
Up to 30,000 ECT award from Andy Li – Founder and CEO of Eloncity.

Step by step how to join the event:

  1. Join Eloncity Telegram
  2. Chat with Eloncity bot
  3. Follow Eloncity on  Twitter and Facebook
  4. Post  this link to your personal Twitter and Facebook, tag @ELONCITY _io and 3 of your friends on
  5. Register your program with UID Tokeneed.
  6. Fill out the Google Form and get the reward.

If you are interested, please join this great event, it only takes a few minutes, but the value up to tens of thousands of ECT (equivalent to about $ 3,000). For details, find here:  https://medium.com/eloncity

Overview of Eloncity: High Potential ICO Project in 2018

Krypital Group is a leading consulting firm that provides professional and comprehensive blockchain marketing services to clients globally. The firm has become very famous and legit since promoting all the succeed ICO projects, which includes CyberMiles, ArcBlock, Merculet, Egretia. And Eloncity will be the next one. 

ELONCITY decentralizes our power infrastructure into millions of self sufficient microgrids. Locally produced energy is available 24/7 and directly competitive to utilities. Energy price becomes transparent to all. People use eloncity’s open technologies to make electricity virtually free so that we can electrify the world with clean energy.

Eloncity is the 5th project that introduced by Krypital Group. Eloncity was born to apply new advanced block-chain technology into the energy power generation and distribution management. Eloncity is a model for the planning, constructing and operating community-based renewable Microgrid.

Overview of Eloncity: High Potential ICO Project in 2018
Overview of Eloncity: High Potential ICO Project in 2018

To sum it up, ELONCITY tries to build a community power facility by using the “decentralized new energy community power supply + energy storage equipment”, and gradually complete the group grid connection of the smart grid micro community in order to establish a decentralized community electricity exchange market.

In the previous articles, I have introduced and reviewed Eloncity ICO project in details. You can find all the serial articles about Eloncity here at http://techcubers.com/topics/eloncity/

The Public Sale event of Eloncity was planned to start for contribution in Q3/2018 via Tokeneed ICO platform. If you do not have an account at Tokeneed yet, sign up via this link to get 3% addition bonus.

For more details about Eloncity, please visit:

This article was originally edited by KBCapital

(Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2304999)

Thanks for reading !