Bitcoin Forum

Rather than bore you with an overly long/flashy ICO/STO thread, here's our elevator pitch:

SolarStake is an Ethereum blockchain asset backed by tangible, productive renewable energy installations.

Each SolarStake (SLRS) token represents 1 Watt of installed solar power, which is feeding electricity into the power grid and generating revenue that is used to maintain the existing system and build out additional photovoltaic installations.

As more systems are installed, more SolarStake tokens are generated, which are distributed proportionally to existing SolarStake holders.

Each SolarStake token will always represent 1 Watt of installed solar power, and no additional tokens will be created until new solar power is installed, ensuring that each token will always be fully backed by productive renewable energy.

There is no complicated mechanism to SolarStake; just the reassuring backing of real world business, assets and revenues.

Website: https://www.solarstake.io
Whitepaper:  https://solarstake.io/documents/SolarStake%20Whitepaper.pdf
Telegram: https://t.me/solarstake
Twitter:  https://twitter.com/solar_stake

We're not on other platforms, because we'd rather just do a couple of them well.  Please check out our website and whitepaper and AMA on this thread or in our TG group.  $100 min to invest at any stage.  Each token is $1 representing 1 installed Watt.  50% bonus until August 31st.

Our twitter feed is updated daily with relevant and interesting news/articles on the solar energy and cryptocurrency spaces.  Highly encourage everyone to follow us at https://twitter.com/solar_stake.

There are 17 more days to go before our 50% bonus is done for our first presale stage.  Please consider getting your registration and KYC done as soon as possible to ensure you get in on this bonus.  As mentioned before, unlike most pre-sales, we have a low minimum investment ($100 equiv of ETH) to make sure we're truly living up to the promise of decentralized finance (making sure lower entry investors get the same shot at favorable bonuses). 

Wow 50% bonuses in pre-sale phase 1, certainly very interesting. Can you explain the advantages and benefits if investing in this project.

Really the key value proposition here is that each token is backed by installed, revenue generating solar power (we have 796 KW already built out, with +2 MW ready for installation by end of year).  The tokens represent real ownership in a real world energy utility company (no "profit participation rights" here, you actually own a piece of the company).  At our base price of $1 per watt, we're offering pricing that's normally reserved for utility scale customers, available to retail investors.  That we're adding bonuses on top of that is really just icing on the cake.

This isn't a "lambo" coin by any means, nobody's promising a moon shot based on a whitepaper and a rough idea.  This is just a really solid investment that will provide good, low risk, long term gains.  You could think of it as a next generation stablecoin, that's backed by a tangible asset and actually generates a good positive ROI for our investors.

For those of you in the marketing community, we do have an opportunity for you to earn referral bonuses.  We require site registration, successful KYC check, and a $100 minimum investment in order to receive a referral code.  From there, we offer a 10% bonus for each referral that successfully invests, and a 5% bonus for the investor to help motivate use of your referral code.  We intentionally structured our program this way to ensure a limited and dedicated affiliate pool.

the advantage if you join here is you get a big bonus !, 50% is very big,
 but if this project leaves the bonus unlocked I'm sure the price will dump later

That's unlikely, because there is a strong incentive to hold the token due to the staking mechanism, and unlike most tokens, ours is backed by an actual working product that has an independently verifiable market price (the USD cost of installing solar power on a per-watt basis). 

I liked the project features, also the 50% bonus looks attractive. but where is the guarantee that the price will not fall below $1?

Thanks for your interest in the project.

Unfortunately, nothing in crypto is 'guaranteed' - look at the recent price of Bitcoin, for example.  However, SolarStake offer properly backed investments - via a 1:1 token:installed watts assets (hardware), 25 year government contracts and an ownership stake in a Solar Energy Utility startup.  We believe this provides substantial protection for your investment.

I thought to provide a little more information on things which you will want to consider.

Here’s a high level breakdown of numbers:

1 token = $1 = 1 W

Each share in Helios = $0.50, so there are two shares purchased for every $

There will always be, using $1000 as a nice round figure, 1800 tokens minted.  This won’t fluctuate.

Token value protection

Between us, the team have gone in on tens of ICO, so we’re aware that prices can be quite volatile at times.  What we’ve done, especially for earlier investors, is build in two mechanisms to protect your USD value

1.  The bonus.  Pre-sale phase one and two have a 50% and 40% bonus, respectively.  So you will get either 1500 or 1400 tokens for your $1000.  (The bonuses decrease phase by phase).  Note that for phase one, this already brings your token price down to $0.75.

2.  The “All investors” pool.  As the bonus tokens for the investors drop by phase, these tokens are applied to the all investors pool.  These tokens are distributed to whitelisted wallets – in simple terms, it means you get a share of all investments made, after you have made your own.  Again, this contributes to a lower dollar cost average.

The referral pool/scheme is another mechanism where you can gain value.

For every $1000 invested (again, nice round number), there are 150 referral scheme tokens.

If you refer people, you will get 100 tokens for each $1000 invested.  Each of the referred people get 50 tokens.

So there’s three ways to bring your effective token price down.  Given the potentially substantial payouts from the "All investors" pool throughout the ITO, you could very well end up paying ~$0.50 for your tokens, which gives you instant protection should the token dip a little post ITO.  We expect, once the project starts proving it is delivering very much on target for or ahead of projections, the desire to increase ones holdings will generate very positive price action.


Reinvestment

Once the funded wattage is installed, these are backed by 25 year PPA with the EGAT (Energy Generating Authority of Thailand).  The revenue from this (minus costs) is what is reinvested.  All figures are based upon existing solar installations Helios have.

Selling tokens (ties up with token price protection)

We will, following the 6 main phases, look to list on exchanges, which will allow investors to buy/sell.  The more we raise, the bigger the exchanges we can list on.


ROI/Revenues/WHEN MOON (etc)

There's two main angles on this:

1.  The ROI.  The increased Watts installed = tokens created.  They're spread out around investors.
The idea would be (although there is no lock in - you can move them around whenever you like) you leave your tokens long term - no stress, just wait for the monthly payout as we install new power.  Just make sure you have them in your whitelisted wallet on snapshot day.

We're hoping the value of the tokens is driven higher (although not critical, initially) by:

2.  The ownership stake in Helios.

They’ve signed MoI and MoU with for a huge deal to install a turnkey operation in Uzbekistan for I believe it is 360MW (we'll be doing a full marketing piece on this one soon).  This will bring in a lot of revenues and increase future share value.  

There's a bunch of other projects they've been approached for, too.

Their goal, which is on their investment brochure on https://heliosenergy.info/ is to go for IPO in approx 5 years.

Because we will initially be getting in at Series A, we will be getting on board where the share price multiples at IPO will be massive.

Every new deal, project and revenue stream has the potential to drive the future share price higher.  It’s in investor’s interests to hold a nice slap, long term.  This is what we believe will keep the value of the token up - as more news/projects about Helios come through, there is a distinct advantage in not dumping tokens.

The model is so clean and simple

Additional information – Helios, from Q3, will be manufacturing their own panels, which brings the cost per installed KW down to a price that is cheaper than even ordering 10MW from China.  This means we know the 1800 tokens generated is very conservative and we should be able to comfortably beat the ROI projections.  


Target investors

This isn’t a moon shot, but a comfortable space cruise, gathering pace as we go (lol).  It’s hands off, not something to waste time staring at the charts – you’ve better things to do with your time 😊  We're looking at the more 'serious', medium - long term kind of investor. The returns will work out to be substantial, but this will take time, as the returns are based on real business, real hardware, real contracts and real revenues.  Not your usual crypto "ideas" that often turn out to be nothing.


We're pretty sure this is unique with:

Asset backed
25 year PPAs
Ownership stake

Great deep dive Gary, appreciate it.

Our 50% presale bonus is available to all investors, and we have a low minimum of $100 (equiv. to about 0.5 ETH).  Last day to access this presale bonus is August 31st, 2019, so please get started with your registration and KYC so we can whitelist your wallet and account in time.  Head to https://www.solarstake.io.

Exciting news for Solarstake incoming soon. 

Teaser video:  https://www.youtube.com/watch?v=V04qyYFtKi4

Some details on our visit to Uzbekistan. 
https://medium.com/@solarstake/helios-energy-visits-uzbekistan-7de62e24005c

Three days left to participate in our pre-sale round 1 bonus of 50%!  Today would be the day to get registered at www.solarstake.io!

How many tokens have been sold until now? I also see that you don't have softcap, does this mean you will continue the project even though the funds collected are small...

I don't know why the team feel they can raise money for their project, most of the projects in the space promising what the team is doing and even more have not delivered on their promises so far, PowerLedger, Watt, Restart energy to name a few, have so far being in a concept mode and I don't know about their burn rate by now most would have burnt all their resources and the tokens are more than useless because they are not generating any value for investors

Hello - thanks for the questions.

Correct - there is no soft cap.  We're buying into an existing (and growing) business, so as soon as investments are received, the money is placed into ordering the solar panels.  The project is already up and running, no matter how small or large the figure we raise.

We're receiving chunks of investment at the moment - etherscan should be your source of truth on this, and you can find that figure out by going here:  https://etherscan.io/token/0x58e909941a62e58eb17e96035c78edebd3516b1b

Thanks for your vote of confidence ;-)

We're very aware of what other projects have attempted to do and why they failed or are struggling to deliver.  The big, massive, HUGE and yet very simple difference here is:

We are buying into Helios Energy, a Solar Energy Utility Startup that already exists.  We are not trying to do something new or disruptive.

To add to this, Helios Energy *already have* the 25 year PPAs in place and the land for the installations is in their ownership.  The deal is good to go and is, in fact, already up and running.  This is where the many fell down - they didn't have these agreements (although their offerings made it sound like they did, in some cases) and that is where they burned their funds: trying to win the bids.  There is literally no burn rate with this project - 90% of the raised funds go straight to Helios energy.  These funds buy Series A shares and in turn, fund solar power installations.

I would honestly recommend you read the whitepaper before making any final judgements - this is a very different and much simpler offering, which is why it will work for any investors involved.

Please feel free to come back with any questions!

BTW:  https://solarstake.io/#gallery (https://solarstake.io/#gallery)

Here are some pictures of the 796000 Watts currently installed, generating power, revenues and of course, ROI.  There will be 2MW installed by the end of the year, PLUS some huge news, which has been teased above, very soon.

We're now well over the $30K mark in funds raised in our first month of pre-sale; congrats to those that got in early with the 50% bonus.  We have a 40% bonus available through the month of September in our pre-sale phase 2.  Main sale will begin October 1st; now is your opportunity to buy into a real, operating, profitable business with tokens backed by real assets.  Bonus:  you're doing the planet good by investing in renewable energy!  Read up and register today at https://www.solarstake.io.

Just a quick note that we are frequently updating on Twitter at https://twitter.com/solar_stake and have an active Telegram group at https://t.me/solarstake.  Stop by and ask questions on our Telegram group!

When you mean installation of solar power, will you move across the world make this initiative a success or it's just a sit and do work? It would be a very better way to get the solar power into a bigger market value when these things you say all come to pass.
And with your tokensale, is the installation moving with how much the solar powers are installed or am getting this wrong?

I always think why a rich project that have much money that can provide 796000 Watss didn't just do an IEO on Binance, so to reach an investor is easily. Right now even IEO have difficulty in obtaining funds, especially anything else than that.

Hmm, It was extraordinary enough to get funds like that in this difficult time. What I think is that too many bonuses will greatly affect the price of the token later. Maybe investors are saved by bonuses, but prices will not go up easily.

Thanks for the question.  Firstly, I would just like to highlight 796000 watts has been paid for by the CEO of Helios Energy himself - not from the ITO project.

There's a few reasons for not using an IEO listing.  Here's three:

1.  We are not pre-minting tokens, which are needed for a listing like that.  We only mint for what is raised.
2.  The fees for listing are very high.
3.  All IEO projects have been subject to extreme pump and dumps.  This is a staking project and we are looking to build in more stability for our investors.

I suggest reading our Whitepaper a couple of times as it will help with your understanding:  https://solarstake.io/documents/SolarStake Whitepaper.pdf

Thanks for your positivity :-)  We're pleased with the amount raised and we have since raised some more funds.  Website update coming this evening!

Regarding the token price going up - this isn't a project where the focus is solely on MOONing, but for staking your tokens and getting paid out real, asset and business backed returns.  If you re-set your sights on the type of investment it is as more a crypto-entry into a more traditional medium-long term investment, it makes a lot more sense.

The future share price of Helios Energy is something you might want to bear in mind, too, as they announce more *real* projects and revenues.

Hi,

Thanks for your question!

I'm not 100% sure what you are asking, but I thought to provide a little more information:

As funds are raised, they are immediately withdrawn and sent to Helio Energy for ordering Solar Panels.  As these panels are delivered and installed, they start generating revenues... and from these revenues, we reinvest into more solar panels, growing the solar farms.

Helios Energy are a Thai business who order, install and maintain the solar farms and they have three sites in Thailand ready to be installed - one has existing panels and will be expanded very soon with the investments people have made.


I hope this helps - but please come into https://t.me/solarstake if you would like to ask anything else!

20 days left in our pre-sale phase 2 round; now is the time to get registered and invested so you can be ready to participate in our affiliate marketing launch for the start of the October 1st main sale.  We are putting significant investment into our affiliates, including major token bonuses to top re-sellers.  You must pass our KYC process and invest our minimum $100 in order to qualify as an affiliate.  Find out more at https://www.solarstake.io.

Here is the reason why our ITO is different to others:

https://medium.com/@solarstake/helios-energy-signs-major-contract-6f3c097a3838

You are investing into a real business.  A business that will have very significant revenues in a matter of days/weeks - not just an idea that will

Here is the story validated in the press: 

http://tashkenttimes.uz/business/4328-helios-energy-secures-40mw-solar-pv-contract-in-namangan

https://renewablesnow.com/news/to-the-point-helios-energy-wins-40-mw-solar-job-in-uzbekistan-668970/

Our referral contest is now live!  $1,100 in SLRS tokens up for grabs if you're a motivated affiliate.  Find out more at:  https://medium.com/@solarstake/solarstake-referral-contest-92e6dfafcf8b

Good Q&A article based on questions from our Bitcointalk thread and Solarstake Telegram Group.
https://medium.com/@solarstake/a-little-bit-of-background-8844a2d611df

Major solar trade publication coverage our our sponsoring company’s recent contract award.  Find out how to invest at http://solarstake.io.

https://www.pv-magazine.com/2019/09/19/uzbekistan-builds-40-mw-solar-park-to-power-free-economic-zone/

Last day of our 40% bonus!  Find out more at https://www.solarstake.io!

Just a reminder that our referral contest is on through the end of October; $1100 in bonus tokens up for grabs!  Details below:

https://medium.com/@solarstake/solarstake-referral-contest-92e6dfafcf8b

To get started, register and submit your KYC documents at www.solarstake.io.

Except Gary as you know this isn't true.

You don't have 796kW installed, it's not generating power (remember the lies about Veritas Mining being off the grid for six months - you can't export and make money if there is no connection to the network), there is no revenue or anything else because there is no 796kW system. You didn't install 2MW by the end of the year and you are a scammer along with the rest of SolarStake.

You don't even have PPAs in place in Thailand, if you do why don't you prove it?

All the proof that anyone needs is here, in particular read the Helios Energy 796kW Solar Farm at Veritas Mining Facility Part I and II.

https://www.icoinvestigation.com/solarstake

Also look at Veritas Mining as this is related (non existent crypto mining with non existent solar on the roof)

https://www.icoinvestigation.com/veritasmining

As I've said to you Gary I'm willing to publicly discuss this on a factual basis but you have banned me from the SolarStake group.

Hi Gary,

When are you going to answer questions about SolarStake and Helios Energy not having a solar farm?

You claim to be open but you ban people for no reason, you won't discuss the serious criminal allegations against you and all you do is claim they are not true!

Provide some proof of anything, any one of the many many many allegations that have been made but you CANNOT as you and SolarStake are scammers.

Waiting.......

What about Jeremy Tan who is doing a runner with all the SolarStake funds? Guess who is responsible for that? You!

https://www.icoinvestigation.com/11840/veritas-mining-detailed-blockchain-analysis

What the lies about a flood - https://www.icoinvestigation.com/12233/did-the-veritas-mining-facility-flood-lose-power-and-internet

What about the lies about the solar (or lack of) - https://www.icoinvestigation.com/10512/the-helios-energy-796kw-solar-farm-at-the-veritas-mining-facility

https://www.icoinvestigation.com/11427/what-happened-at-the-veritas-mining-company

The moment I read the thread I knew how the ending would be. But surely, why do all companies raising funds for mining end up failing?

The people that start them are criminals.

The Thai SEC are investigating Jeremy Tan, the CEO of Helios Energy and Veritas Mining.

https://www.icoinvestigation.com/13603/the-thailand-securities-and-exchange-commission-sec-warn-about-veritas-mining