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Author Topic: [ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!!  (Read 135688 times)
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June 28, 2017, 07:20:46 PM
 #941

Hi,
If I understand correctly Consumers of electricity will still have to pay tax to company that owns the grid. What are benefits of this pool of producesrs and consumers. If I own sun power plant how Will I be able to connect to that pool. If I own an electric car or powerwall Will I be able to use it as a grid balancer. When it is sunny I charge it from the grid and when it is cloudy or night I sell the electricity stored in it. If one day all electricity is going to be produced by alternative energy sources some kind of grid balancerrs will be needed because wind doesn't always blow and sun is not always shining. I need more information. I think the idea is good but the whitepaper is just not detailed enough for me. I invested 4 ETH in ICO, I think your project is great.

Kind regards from Slovenia Smiley

Hi,
main benefit will be lower costs we will have because of blockchain. We will also have lower margins then retailers.

With time we will add new functionalities so eventually also your car could become balancer.

Solar and wind power will not be the only energy sources in the pool. We will use different resources too balance energy needs.

Regards back to you from Ljubljana

But why costs will be lower. I don't really understand how electricity is sold to me now so I also don't understand the benefits. I asume that electricity is not just sent to me from power plant but it is traded to those companies that sell it to me. Correct me if I am wrong and enlighten me more.

Costs will be lower because of higher efficiency and lower margin.

Someone with solar power plants will be still connected to a grid and you as a consumer will still get this electricity from the grid. Project will combine blockchain efficiency and advantages of renewable energy.

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June 28, 2017, 10:02:13 PM
 #942

The website bugs on my phone, can someone tell me what is the recommanded gas please ?

200,000 right now

Thank you, I did my invest and I'm proud to be a part of this project Smiley

We just got 1,000,000 USD contribution. Thank you all for your trust.  Smiley

Nice job guys, good luck to the team and investors !

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June 28, 2017, 10:38:57 PM
 #943

The website bugs on my phone, can someone tell me what is the recommanded gas please ?

200,000 right now

Thank you, I did my invest and I'm proud to be a part of this project Smiley

We just got 1,000,000 USD contribution. Thank you all for your trust.  Smiley

Nice job guys, good luck to the team and investors !
Thank you for your support guys Smiley Make sure to use enough gas (200,000) when depositing.

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June 29, 2017, 12:36:44 AM
 #944

this project is good and also confusing, the whitepaper only talk about token, token, token, trade, trade, 5D, 5T, blalbalba... smartcontract, blockchain, blockchain, business, business

it never talk on how it will work, i mean how it will work physically, they said :

"...SunContract is a platform that directly connects electricity producers and consumers into an electricity pool based on smart contracts..."

connect directly producer and consumers ? well how?, how do we transfer the energy produced directly to consumer ?
how do producer transfer their energy to energy pool, how consumer consume energy from energy pool?

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June 29, 2017, 12:46:22 AM
 #945

no suncontract slack invitation link, how do get into slack then
no telegram group
suncontract reddit only have 10 posts
facebook? who still use facebook these days...

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June 29, 2017, 01:28:56 AM
 #946

The project is not yet Nimiq active Smiley
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June 29, 2017, 03:02:42 AM
 #947

The website bugs on my phone, can someone tell me what is the recommanded gas please ?

200,000 right now

Thank you, I did my invest and I'm proud to be a part of this project Smiley

We just got 1,000,000 USD contribution. Thank you all for your trust.  Smiley

Nice job guys, good luck to the team and investors !
Thank you for your support guys Smiley Make sure to use enough gas (200,000) when depositing.

Gratz with the token sale, with the Ether price having gone up since the initial announcement, are you near the minimum amount needed to launch this project later on?

ICONOMI - Fund Management Platform ❘|❘ ICO ❘|❘ DISCUSSION
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June 29, 2017, 05:43:16 AM
 #948

this project is good and also confusing, the whitepaper only talk about token, token, token, trade, trade, 5D, 5T, blalbalba... smartcontract, blockchain, blockchain, business, business

it never talk on how it will work, i mean how it will work physically, they said :

"...SunContract is a platform that directly connects electricity producers and consumers into an electricity pool based on smart contracts..."

connect directly producer and consumers ? well how?, how do we transfer the energy produced directly to consumer ?
how do producer transfer their energy to energy pool, how consumer consume energy from energy pool?

I noticed that too. The should revise their whitepaper and add that information in. No sure how it was over looked. The countdown on the site keeps changing too.
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June 29, 2017, 06:34:59 AM
 #949

no suncontract slack invitation link, how do get into slack then
no telegram group
suncontract reddit only have 10 posts
facebook? who still use facebook these days...



join slack and look at twitter for fresh infomations Smiley

https://twitter.com/sun_contract
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June 29, 2017, 07:52:14 AM
Last edit: June 29, 2017, 09:29:58 AM by Bitekojn
 #950

Confussion about how Suncontract works

I can see the concern and confusion in people about one of the main things which is, how can someone transfer electricity from numerous suplyers to consumer through the one and only infrastructure that is allready in operation.
First I must say that I am a total non expert on this, but can say from first hand that it works in my house in Slovenia and in other countries in Europe too.
For example I used to be loyal to the same electricity supplyer for about 20 years. Then came to the market another one with lower prices of electricity and I just simply called them and told them that I would like to be their consummer from now on. They arranged all of the papers (made a contract with me, cancelled the old supplyer), and that was it!!!
Now i pay for electricity about 10% less and all I had to do was make one phone call to the new supplyer 😁. Yes as simple as that.
I do not know what are the arrangements between the ones who had build the infrastructure and all the companies that are using it,but it works very well.

And I agree with all of you that this explanation is one of the main things that is missing in Suncontract's whitepaper!!!
Allthou I see Suncontract as a BIG potential and allso have invested my ETH in it!
Thanks for all the effort and good luck to staff of Suncontract!

Regards
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June 29, 2017, 07:55:08 AM
 #951

Reserving Zulu translation

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June 29, 2017, 08:30:06 AM
 #952

Confussion about how Suncontract works

I can see the concern and confusion in people about on of the main things which is, how can someone transfer electricity from numerous suplyers to consumer through the one and only infrastructure thet is allready in operation.
First i must say that I am a total non expert on this, but can say from first hand that it works in my house in Slovenia and in other countries in Europe too.
For example I used to be loyal to the same electricity supplyer for about 20 years. Then came to the market another one with lower prices of electricity and I just simply called them and told them that I would like to be their consummer from now on. They arranged all of the papers (made a contract with me, cancelled the old supplyer), and that was it!!!
Now i pay for electricity about 10% less and all I had to do was make one phone call to the new supplyer 😁. Yes as simple as that.
I do not know what are the arrangements between the ones who had build the infrastructure and all the companies that are using it,but it works very well.

And I agree with all of you that this explanation is one of the main things that is missing in Suncontract's whitepaper!!!
Allthou I see Suncontract as a BIG potential and allso have in ested my ETH in it!
Thanks for all the effort and good luck to staff of Suncontract!

Regards


this is very nice! i finally understand now 

  we will buy more in ICO   


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June 29, 2017, 08:34:18 AM
 #953

I am looking forward to your project, so I participated in all your activities, and hope to get a high profit
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June 29, 2017, 08:45:48 AM
 #954

I am looking forward to your project, so I participated in all your activities, and hope to get a high profit


you can participate in there token sale. visit them here https://suncontract.org/

anyway, too bad they didnt have an bounty which is their tokens is the payment, rather they have it in btc payment. but they have a great project though, hoping it will be successful. im sure it will, you already raised 3000+ eth, i think your soft cap is 5k eth, am i right?

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June 29, 2017, 08:56:13 AM
 #955

So what exactly one SunContract token represents and how it will gain in value in the future?
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June 29, 2017, 09:55:51 AM
 #956

Confussion about how Suncontract works

I can see the concern and confusion in people about one of the main things which is, how can someone transfer electricity from numerous suplyers to consumer through the one and only infrastructure that is allready in operation.
First I must say that I am a total non expert on this, but can say from first hand that it works in my house in Slovenia and in other countries in Europe too.
For example I used to be loyal to the same electricity supplyer for about 20 years. Then came to the market another one with lower prices of electricity and I just simply called them and told them that I would like to be their consummer from now on. They arranged all of the papers (made a contract with me, cancelled the old supplyer), and that was it!!!
Now i pay for electricity about 10% less and all I had to do was make one phone call to the new supplyer 😁. Yes as simple as that.
I do not know what are the arrangements between the ones who had build the infrastructure and all the companies that are using it,but it works very well.

And I agree with all of you that this explanation is one of the main things that is missing in Suncontract's whitepaper!!!
Allthou I see Suncontract as a BIG potential and allso have invested my ETH in it!
Thanks for all the effort and good luck to staff of Suncontract!

Regards

Well said I will buy moar.

rkyass
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June 29, 2017, 10:55:02 AM
 #957

Hello, are translation bounties still available ??
Homes
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June 29, 2017, 12:00:36 PM
 #958

As per below your website indicates a roadmap which directly correlates to the amount of ETH collected. It seems highly unlikely that you will reach your goal of 100K ETH... If let's say only 10K ETH is collected does that mean that goals 4,5,6,7 as per your roadmap will not be achieved and implemented due to the lack of funds?


0 – 5K ETH
1 - P2P Trading Platform

5K – 10K ETH
2 - Implementing the P2P Platform on a national level

10K – 25K ETH
3 - Commercializing the P2P Platform on an international level

25K – 40K ETH
4 - Flexibility market and demand response services

40K – 60K ETH
5 - Increasing the trading volume of P2P Platform with renewables and energy storage

60K – 70K ETH
6 - Increasing the market share, acqusitions and expansions

70K – 100K ETH
7 - Further grid services development
lwayvo
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June 29, 2017, 12:28:05 PM
 #959

With 1 billion coins, it's gonna be hard to make good profits from this coin.
 
Any particular reason for such high supply?

The project is very interesting nonetheless and I am in.

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June 29, 2017, 12:32:54 PM
 #960

With 1 billion coins, it's gonna be hard to make good profits from this coin.
 
Any particular reason for such high supply?

The project is very interesting nonetheless and I am in.



The total supply has no correlation with the possible profit.  There are lots of coins that prove that.  The amount of investments is.  e.g. if you invested 1eth and there were 100000eth invested, in the case of huge succes your profit will be less than when just 1000eth were invested.  
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