So if you raise your cap of 100k ETH then there will be a supply of around 10 billion SNC's?

I will send from myetherwallet but every ICO i created the token (add custom token) and put the information (address, token symbol and decimals).

I didn't see this step. I don't know if i need to create add custom token.


thks,

How many coins will be distributed during the token sale? How many tokens will there be in total (max supply)? Is the supply capped or new tokens will be made and distributed throughout the life of this business (deflationary/inflationary)?

Hello Suncontract,

Excuse me if I've been unpleasant in my last post.

Would it be better, if I've been asking "Hello, don't you have any person responsible for marketing in your team?"?

I'm sorry if I didn't asked simply and politely, because I it is very very important.

At the begining, I found SNC very good. After a while I found your low popularity in Google, now you are becoming worse because you are ignoring my warning...

Do I need create my token address in myetherwallet or only send ETH to address (suncontract)?


Because I didn't see this step


thks

Only few hours before ICO

I'm sure that it will work !

Max supply ?

Me neither moreoever the companies will never let a blockchain based start-up cut their income off. The idea behind the project is okay, but it's not applicable. Frankly saying.

reserve dutch translation pls

I have submitted my ETH address to take part in the priority pass, when can we expect the deposit address to be released?

Just wanted to say how much I appreciate you making such an effort to post (even if this time it was copy paste) something this elaborate to make other people aware and perhaps do extra due diligence. Everybody can decide for their own after that.
With so many ICO's going on right now, I can consider a post like this very helpful, thanks!

At Suncontract: good luck with the ICO and the project!

Energy market will be centralized and governments will have hands over it. Saying you are building new solarpowered crypto is joke and scam. You can do all trading through tokens like ether or bitcoin or similar, so there is no need for suncontract coin.

From your whitepaper: "The idea is to join together electrical power producers and consumers and enable them to trade electricity through the Pool". For sure you can do it through simple website, but how can you transfer energy through internet. First of all someone has to pay infrastructure which is essential for energy transfer. Don't tell me that you will pay infrastructure with suncontact coins, because this will be near impossible and compare suncontract to bitcoin is joke. Your whitepaper says that you will cut the middle man, but hey fellows, in energy business the government is the middle man, so I think you can't erase is from equation.


from you whitepaper page 15: "A crucial aspect in developing a Suncontract Energy Pool is a mobile app ." NO guys, that for sure not crucial. The crucial thing is INFRASTRUCTURE FOR ENERGY TRANSFER, not you mobile app.    which a 20yeqar old guy can develop for thousand bucks.   

I'm doing crypto for 3 years now and i like to invest in ICOs which are detailed explained in more then 20 more-free-space-than-words pages.

Here is a post I made on another similar project. Decentralization on the grid will never work for the following reason. Some of the facts could be beyond the scope for the project, but most of them apply.

Do Not Risk a Penny on this

Here is why:
1. This is not a new idea. I work for a utility company and we have been investing billions in microgrid projects. This is exactly what it is. You create a local community / local grid, where people can support each others energy demands. The only exception here is that they are creating a decentralized buying/selling system.

BUT utility companies are never going to allow this, because it does not pay to maintain the traditional grid infrastructure.

There are already laws in place for exactly this reason, that people cannot sell their electricity to other people directly.

What this company, and other similar companies like trans active grid are doing is creating a token to make that sell-buy to get around that law(which states money isn't to be used).

Here is what will happen after. Governments will realize people are trying a way around and will BAN any asset trading that would lead to violating that law. All the money invested in these companies  and their platforms will collapse.

Utility companies in the near future will be launching microgrid systems.

2. Volatility in the Token Market:  The token that the company is selling again is not real money. They will be used in the platform they are launching, which means people will be buying and selling it ultimately leading to a market for that token on an exchange.

So if I am a person in a small society looking to participate in a decentralized energy production and buying platform, I would firstly have to buy these tokens, and then sell it to meet my real life demands.

But this  token will be traded on an exchange, the price will be volatile just like bitcoin and hence a normal person would simply not be interested in such a technology due to the price variation in the tokens. Because that could mean losing money by selling to the platform as theilr sole incentive was to be informed on who they are selling to, and getting slightly higher price than selling to utility companies.

 3. No Need for Decentralization on grid : Governments around the world buy electricity on smart grids at competitive prices. There is really no need for decentralization of grids except in third world countries where there are problems such as energy shortage etc. because utility companies have a monopoly and benefit by power outages.

But I predict that as smart grids evolve, companies like Tesla will take care of the buying/selling platform by offering something like Uber. But again that requires privatization of the grid.

And all the subsidies and incentives government provides are only to those selling and buying from the grid. They won't offer it for a private microgrid.

4. Smart Meters:
Utility companies have started providing free smart meters to its customers. What this company intends to do is use the blockchain for accounting of the electricity produced and used. But it will require customers to install separate meters which would cost a lot. Things will go wrong, and will need to be fixed.


5. Storage: Storage is currently a big issue for solar. Installing a solar system is expensive, but installing a storage system/batteries is even more expensive. Hence most of the houses that buy solar, usually do it as to only satisfy 60-70% of their electricity needs. A lot of those houses usually do not generate an excess. This means what this entire project is relying upon i.e community buying and selling is not going to be a big thing in a neighborhood.  

What I am trying to say is , that blockchain and grids is a great combination. But utility companies have already started doing and investing in it. In general there is no reason for one resident of an area to see the production/consumption of another, which means that there is no need for a decentralized electric grid system. People have meters in their home and all the data relevant to them is already transparent.

All these companies are doing great work, but I don't think a Token sale is the way to go because once the token is on an exchange, it will kill the motivation of the local resident to even participate in that purchase/sale.  What these companies need to do is find investors for a direct investment than creating an altcoin to just get more money, which I feel is the scammy part.

M
No pass is not for the participants of signature campaign alone but along with them it is also for everyone. Everyone can buy the pass from now. They need to send their ethereum wallet address to the developers of suncontract team to get participated.

This project appears in a good moment.
When the world is in an energy crisis.
This is the solution for now.
Is there a bounty?

Guys will there be only ETH option to participatei n ICO or there will be also other options?

Other ICOs that I participated before accepted many different ways of payment to make it easy for the users, payments like bitcoin and bank transfers.

Thank you...