[ANN][SNC] SunContract - Open Energy Market FIRST P2P ENERGY TRADING IS LIVE!!!!

[J.frank]

I have to say its difficult to complete such a complex system just by some contracts and blockchain.
In my opnion in this project，the key seems to be  the designs, the constructs，the maintains of the electricity pool instead of the blockchain and smart contract.


 

[CyberKuro]

It seems the project has some problems in principle level.

First of all, middlemen often do not pay for their jobs without paying their bills. They are responsible for building and maintaining a huge line system to transport electricity. Profits earned by middlemen are often used to subsidize these expenses. In the ecology model of your project, where users and power producers can find their own positions, then where are the middlemen and electricity lines developers and maintainers? Without this side, your project is not likely to succeed.

Second, there is a huge difference between an electric pool and an intelligent contract, not anything that can be done with an intelligent contract. Intelligent contracts can only establish the relationship between producers and consumers, establish the relationship between payment and supply, but can not ensure their complete matching, but also can not guarantee other. Unfortunately, electricity can not be preserved, and some special and even stupid methods must be used to ensure the balance of power supply and demand. Therefore, the design, construction and maintenance of the power pool  is the problem.

Third, the existing power system is complex and still doesn't solve the problem well. Your project doesn't seem to have anything new to make the system better. It is not reliable to build a more complex system through an intelligent contract based on this laborious old power system, not to mention the construction of an intelligent contract that does not have large-scale applications for the time being.

Hi,

can you elaborate a bit in which country do you live that you have such a system? Who is responsible for building up the system and maintaining it? Who can sell energy? Which licence(s) do you need? How trading with energy works in your country?

We have already legal advisors who will help us with legal issues in different countries. And we plan to hire more after ICO. If you look down our plan how funds will be used then you can see quite big portion will be allocated for legal matters just to resolve different kind of problems

There are some matters to get it done, not easy to do it and many people should be involved as well. But, we hope SunContract project going through those problems smoothly and penetrate to many countries.
I'm glad to know that SunContract token sale details has been released and wait for purchase the tokens
I would like to put it here :

TheToken Sale details  
The contribution period will begin on June 28th and will last 4 weeks until July 25th. The Tokensale participants can contribute by sending Ether to the designated address.
By doing so, contributors create SNC tokens at the following rates:
  
First week (from June 28th to July 4th) 11.500 SNC per ETH;
Second week (from July 5th to July 11th) 11.000 SNC per ETH;
Third week (from July 12th to July 18th) 10.500 SNC per ETH;
Fourth week (from July 19th to July 25th) 10.000 SNC per ETH;

[xiao2017]

where are the latest news?

Twitter of Suncontract?  or slack?

https://twitter.com/sun_contract

[sobsitesearch]

It seems the project has some problems in principle level.

First of all, middlemen often do not pay for their jobs without paying their bills. They are responsible for building and maintaining a huge line system to transport electricity. Profits earned by middlemen are often used to subsidize these expenses. In the ecology model of your project, where users and power producers can find their own positions, then where are the middlemen and electricity lines developers and maintainers? Without this side, your project is not likely to succeed.

Second, there is a huge difference between an electric pool and an intelligent contract, not anything that can be done with an intelligent contract. Intelligent contracts can only establish the relationship between producers and consumers, establish the relationship between payment and supply, but can not ensure their complete matching, but also can not guarantee other. Unfortunately, electricity can not be preserved, and some special and even stupid methods must be used to ensure the balance of power supply and demand. Therefore, the design, construction and maintenance of the power pool  is the problem.

Third, the existing power system is complex and still doesn't solve the problem well. Your project doesn't seem to have anything new to make the system better. It is not reliable to build a more complex system through an intelligent contract based on this laborious old power system, not to mention the construction of an intelligent contract that does not have large-scale applications for the time being.

Hi,

can you elaborate a bit in which country do you live that you have such a system? Who is responsible for building up the system and maintaining it? Who can sell energy? Which licence(s) do you need? How trading with energy works in your country?

We have already legal advisors who will help us with legal issues in different countries. And we plan to hire more after ICO. If you look down our plan how funds will be used then you can see quite big portion will be allocated for legal matters just to resolve different kind of problems

There are some matters to get it done, not easy to do it and many people should be involved as well. But, we hope SunContract project going through those problems smoothly and penetrate to many countries.
I'm glad to know that SunContract token sale details has been released and wait for purchase the tokens
I would like to put it here :

TheToken Sale details  
The contribution period will begin on June 28th and will last 4 weeks until July 25th. The Tokensale participants can contribute by sending Ether to the designated address.
By doing so, contributors create SNC tokens at the following rates:
  
First week (from June 28th to July 4th) 11.500 SNC per ETH;
Second week (from July 5th to July 11th) 11.000 SNC per ETH;
Third week (from July 12th to July 18th) 10.500 SNC per ETH;
Fourth week (from July 19th to July 25th) 10.000 SNC per ETH;

Hurry up guys put some order since eth are continuous increasing its value, you will feel like discounted and you will be getting high profit after ico. You do not need to missed it out like bitcoin.

[piececake24]

We should join the SunContract's slack channel to be updated and get the latest news about it.
When you will organie the ICO? DEV, I have asked a question earlier which is not answered yet can you answer it?

Thanks

Hi,

We are planning to start our ICO in June this year. We cannot release exact date yet because we are still doing some work to be 100% ready.

You have chosen the different platform for Energy Resources which is crypto related. Then how you are relating both blockchain and Sun contract is there any different platform that you are going to implement.

SunContract platform will be built on Ethereum blockchain so there will be only one platform for trading with electricity.

Ok but how the electricity will be sold to the end user ?? Have you plan to work with solarcoin team ?

We are not planning right now to work with Solarcoin because our concept is about trading with energy on platform. We will cooperate with local producers of electricity and as well work with existing partners that we already have. Electric capacity will be offered on trading platform where end-users will be able to buy it for their needs.

are all users even from different countries be able to use this for our needs? i just want to be well informed before i invest some of my money here. Tho I still see this as a good opportunity for us

We are working with number of jurisdictions to enable local trading of energy. We started with european countries and our plans are to expend all across the world.

It's good to hear thar this project is not just focusing on one's country only but targeted to expand in many country it will be nice that many country can be helped by this project its good to know that there's a project like this

[JohnBitCo]

We should join the SunContract's slack channel to be updated and get the latest news about it.
When you will organie the ICO? DEV, I have asked a question earlier which is not answered yet can you answer it?

Thanks

Hi,

We are planning to start our ICO in June this year. We cannot release exact date yet because we are still doing some work to be 100% ready.

You have chosen the different platform for Energy Resources which is crypto related. Then how you are relating both blockchain and Sun contract is there any different platform that you are going to implement.

SunContract platform will be built on Ethereum blockchain so there will be only one platform for trading with electricity.

Ok but how the electricity will be sold to the end user ?? Have you plan to work with solarcoin team ?

We are not planning right now to work with Solarcoin because our concept is about trading with energy on platform. We will cooperate with local producers of electricity and as well work with existing partners that we already have. Electric capacity will be offered on trading platform where end-users will be able to buy it for their needs.

are all users even from different countries be able to use this for our needs? i just want to be well informed before i invest some of my money here. Tho I still see this as a good opportunity for us

We are working with number of jurisdictions to enable local trading of energy. We started with european countries and our plans are to expend all across the world.

It's good to hear thar this project is not just focusing on one's country only but targeted to expand in many country it will be nice that many country can be helped by this project its good to know that there's a project like this

A global project is always better in a sense that it involves more commitment and focus is at large. This also means that if will be a long term project and we can see a lot of progress and benefit for those who are in it at an early stage.  You can take an example of a multinational company expanding its offices world wide.

[coinplus]

I have to say its difficult to complete such a complex system just by some contracts and blockchain.
In my opnion in this project，the key seems to be  the designs, the constructs，the maintains of the electricity pool instead of the blockchain and smart contract.

It seems you are stating your perspective with short of knowledge from management aspects. When a system will be managed through blockchain technology, it may grow to next level of due to cost effectiveness and protection against illegal manipulations kind of characteristics of blockchain technology. When a business is focusing on its fundamental things to go efficient, it will get more opportunities to earn better against its competitors.

I am sure suncontracts may bring industry revolution just due to adopting blockchain technology whereas its competitors may lack in that area.

[BitcoinsGreat]

We are in Cointelegraph 

https://cointelegraph.com/press-releases/suncontract-announces-tokensale-ico-for-june-28th

any international website, maybe china, korea?

yes there is one in Chinese: http://suncontract.cn/

Thats Great. A Chinese version of the site. Chinese and korean prefer their language more than English or other foreign languages and to get them involve it in his project, this is a great move. China is a leading crypto market and SunContract  can really promote their project and can get good response from Chinese.

[examplens]

What is the connection between Suncontract and SONM Development? whether it is the same team?

[inck]

This looks interesting. I'll keep my eye on it.

[Cosbycoin]

What is the connection between Suncontract and SONM Development? whether it is the same team?

Could you take time to explain what makes you to ask such questions ? Where do you find any similarity between these two altcoin projects.

Usually I never look into dev teams rather than I just focus on white paper and road maps. If the concepts are convincing and having chances to gain investors attentions, then I will go for investing with them, suncontract must be such one.

[hrbt]

What is the connection between Suncontract and SONM Development? whether it is the same team?

i think suncontract is separate project from SONM - SONM was collecting today ico and they were very sucessfull

[jpoker272727]

We are in Cointelegraph 

https://cointelegraph.com/press-releases/suncontract-announces-tokensale-ico-for-june-28th

any international website, maybe china, korea?

yes there is one in Chinese: http://suncontract.cn/

Since the website is in multiple languages then I would suggest to have a drop down menu in the main website and show with country flags the languages that the website is available.

I doubt that anyone would try the website with ".cn" to see if it is translated in Chinese, I tried .com but it showed me another website not related to SunContract.

Just my suggest to make the SunContract website better, thank you...

[apesconcert]

This is definitely one of the most interesting projects I have recently seen in crypto. If this ICO doesn't reach its maximum target, I'll be extremely surprised.

[Gregor]

What is the connection between Suncontract and SONM Development? whether it is the same team?

i think suncontract is separate project from SONM - SONM was collecting today ico and they were very sucessfull

Yes, it's a completely different project.

[Babyrica0226]

This seems to be a good project campaign I like it so much, is it possible that even I'm one of the participants on your campaign, I also like to participate in the ico, I believed in your project it was good I know its going to be successfull anyway. Goodluck

[truimpheriues]

What is the connection between Suncontract and SONM Development? whether it is the same team?

suncontract and sonm is diference developement, team and project
but i think suncontranct same sonm succes in ico selling

[examplens]

What is the connection between Suncontract and SONM Development? whether it is the same team?

suncontract and sonm is diference developement, team and project
but i think suncontranct same sonm succes in ico selling

Because I see this: https://twitter.com/iamJohnOcampos/status/875212465985826816


It's probably just a mistake

[Zemangat]

I think these two projects. Sonm or subcontract .. both are very big projects .. and it looks like both will be a trend in society later ..

[hahay]

What is the connection between Suncontract and SONM Development? whether it is the same team?

suncontract and sonm is diference developement, team and project
but i think suncontranct same sonm succes in ico selling

Because I see this: https://twitter.com/iamJohnOcampos/status/875212465985826816


It's probably just a mistake

Yeah I think also like that suncontract just misunderstand, I just wonder why suncontract can misunderstand like that or suncontract have other plans maybe, who knows?