[ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)

[Scalextrix]

As a domestic claimant I do feel the RoI on this coin is incredibly small, I have a ~4kW array which in the UK is the max for a private person and I will get ~ 6 SLR per year, even if it goes to $20 per SLR, thats a pretty small carrot on the end of a stick that many people just dont understand right now.  I was already experimenting with crypto so for me its not an issue.

You need to get solar installers to claim on behalf of their clients or to use it as support for the industry.  Ill be talking to my installer about it, especially in the UK as FiT is being cut from .12 to .02 per kWh and they are gonna need all the help they can get.

I sound negative, Im really not but the barriers to entry are high.

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[mattwj44]

You need to get solar installers to claim on behalf of their clients or to use it as support for the industry.  Ill be talking to my installer about it, especially in the UK as FiT is being cut from .12 to .02 per kWh and they are gonna need all the help they can get.

LOVE this idea... how would you have the installers distribute the coin to their customers once done? Would you have them give it out in advance or simply dump them into some kind of online wallet attached to their PV account?


Also I agree that the coin could go to $100 each & that may still not be enough for most people these days ROI-wise, but hopefully if this coin lasts decades then one day it will be so cheap to buy PV you might as well sign up for SLR too as that could help you pay off the system you bought much faster.


My mind is exploding right now.. thanks for the feedback!!

[CryptoNick]

.011  

And someone has dumped today... Anyway what are the developers doing with the project is my concern? I don't see any activity here or in the official solarcoin forum - the admin there has logged last on september  

That wasn't a dump. Check the price of BitCoin and you will see why you shouldn't leave your buys on an exchange if you don't want to pay extra for your coin. At .000019 it would be .007 per share. So all buys above that got eaten up. It just shows that someone wants the price to stay at around .007 or about a penny. So the price just stayed the same as it was.

Agree to disagree.. also SLR wasn't "meant to be used with Bitcoin" or anything else for that matter.

SLR is Pegged to BitCoin so yes they go hand in hand and is used with BitCoin since unless you have Solar to claim you must use BitCoin to buy SLR with and Claimers Value BitCoin since that is what they are Claiming for valuation of. Again if the price goes up you have more claimers selling their claim coin and pushing the price down. But there is such a glut of coin right now vs buyers that it would take pure manipulation to make the price go up. So this is the disparity since no one wants to get dumped on and buy just to get trounced later.

[y_virtual]

Once the fool decides to stop dumping we will move along.

"The fool" uses every chance they have to be able to continue to try to BUY as low as possible as many SLR as possible.

[y_virtual]

.011  

And someone has dumped today... Anyway what are the developers doing with the project is my concern? I don't see any activity here or in the official solarcoin forum - the admin there has logged last on september  

That wasn't a dump. Check the price of BitCoin and you will see why you shouldn't leave your buys on an exchange if you don't want to pay extra for your coin. At .000019 it would be .007 per share. So all buys above that got eaten up. It just shows that someone wants the price to stay at around .007 or about a penny. So the price just stayed the same as it was.

Agree to disagree.. also SLR wasn't "meant to be used with Bitcoin" or anything else for that matter.

SLR is Pegged to BitCoin so yes they go hand in hand and is used with BitCoin since unless you have Solar to claim you must use BitCoin to buy SLR with and Claimers Value BitCoin since that is what they are Claiming for valuation of. Again if the price goes up you have more claimers selling their claim coin and pushing the price down. But there is such a glut of coin right now vs buyers that it would take pure manipulation to make the price go up. So this is the disparity since no one wants to get dumped on and buy just to get trounced later.

Since there are so few claimants, the price going down is pure manipulation, too. There is no "free market" for SLR yet, so it's up to us, the initial investors, to manipulate the price to a level that will be more attractive for the possible (future) claimants to start claiming their SLR.

[CryptoNick]

I wouldn't state it that way. So delete that. I would state it that you are already doing your best by not selling.

I have put forth my ideas in slack to be determined if it is discussed here. These ideas take care of the price and create an exponential growth immediately without any manipulation at all.

[mattwj44]

SLR and BTC may go hand in hand, but SLR wasn't "designed to work with" any other currency.. it is focused specifically on token distribution for proof of capturing PV.. end of story.

If I can print off 1 SLR and sell it to you for $1, or 3 chickens, or .0005 BTC then the currency wasn't "designed to work that way" its just a commodity we can trade with and for like anything else.   


BTW using an online exchange is only ONE way to get coins.. technically there are a vast number of ways any crypto can be acquired and that cannot be overlooked when judging price, adoption rate, and liquidity as we are doing right now.

[Scalextrix]

You need to get solar installers to claim on behalf of their clients or to use it as support for the industry.  Ill be talking to my installer about it, especially in the UK as FiT is being cut from .12 to .02 per kWh and they are gonna need all the help they can get.

LOVE this idea... how would you have the installers distribute the coin to their customers once done? Would you have them give it out in advance or simply dump them into some kind of online wallet attached to their PV account?


Also I agree that the coin could go to $100 each & that may still not be enough for most people these days ROI-wise, but hopefully if this coin lasts decades then one day it will be so cheap to buy PV you might as well sign up for SLR too as that could help you pay off the system you bought much faster.


My mind is exploding right now.. thanks for the feedback!!

Ha ha glad I could blow your mind. I think the installers could see if clients want the SLR directly, if not it could be set off against maintenance/cleaning costs, thats like a little loyalty programme for the installer.

Another thought I had was about integrating Solarcoin.  I have Enphase inverters and I keep reading that they consider themselves a software company not a hardware company, they are gathering tons of data that must be costing them a fair bit, seems like they could be doing that in the blockchain.  Solarcoin could be a great fit for them in terms of additional revenue/loyalty points.

[corather]

Well one thing is certain. Price volatility promotes discussion. That's always a good thing when the cause is just.

[nickgogerty]

As a domestic claimant I do feel the RoI on this coin is incredibly small, I have a ~4kW array which in the UK is the max for a private person and I will get ~ 6 SLR per year, even if it goes to $20 per SLR, thats a pretty small carrot on the end of a stick that many people just dont understand right now.  I was already experimenting with crypto so for me its not an issue.

You need to get solar installers to claim on behalf of their clients or to use it as support for the industry.  Ill be talking to my installer about it, especially in the UK as FiT is being cut from .12 to .02 per kWh and they are gonna need all the help they can get.

I sound negative, Im really not but the barriers to entry are high.

Thanks for chiming in.  There are some things underway to help with making SolarCoin grow, these will be posted to the site in the coming weeks.  The SolarCoin Foundation is now a US Public Benefit Corporation.

There are conversations ongoing with Affiliates to build out websites and share technology in US, EU and Japan.

The EU team is applying for VC and working on Tech incubator applications.

We are on #slack and setting up a weekly standing call for marketing and outreach. 

There is also some work being done for Simple 2-3 minute cartoon explanations of SolarCoin and Currency dynamics using powtoons by the foundation. 

All of this will be updated and released in the coming weeks. 

If you know of solar developers interested please let me know. I will introduce them to affiliate site builders. If you know of people who would like to set-up affiliate sites or sub-affiliates (sub license) tech under the hood from affiliates PM me and I will introduce you.  There are many countries and territories wide open.  Affiliates get a % of claimants as a referal payment from the foundation.  Our focus is on developer and Claimant outreach. 

This is going to be done with messaging, marketing and biz dev relationships via a country and regional affiliate/ sub affiliate network using web based wallets, direct inverter tie-ins to the blockchain and other tech.  I am happy to put technologists, solar developers and others in touch.

Just FYI a $20 SLR on a 5KW roof over 25 years= 187.5 SLR= $3,750 so it is interesting at the margin.  a 5KW system in the US would cost about $20k. http://www.solar-nation.org/how-much-does-a-solar-system-cost-these-days  As the cost of solar installs goes down that marginal incentive becomes more interesting.  If one assumes each claimant produces $800 in value to the currency network https://www.zapchain.com/a/93TL8NKGHF  a $20/SLR price point  assuming 100m circulating float requires 2.5m participants. A big number but not impossible in the context of global energy and a current 6m solar generators growing 20-30% annually.

[Scalextrix]

As a domestic claimant I do feel the RoI on this coin is incredibly small, I have a ~4kW array which in the UK is the max for a private person and I will get ~ 6 SLR per year, even if it goes to $20 per SLR, thats a pretty small carrot on the end of a stick that many people just dont understand right now.  I was already experimenting with crypto so for me its not an issue.

You need to get solar installers to claim on behalf of their clients or to use it as support for the industry.  Ill be talking to my installer about it, especially in the UK as FiT is being cut from .12 to .02 per kWh and they are gonna need all the help they can get.

I sound negative, Im really not but the barriers to entry are high.

Thanks for chiming in.  There are some things underway to help with making SolarCoin grow, these will be posted to the site in the coming weeks.  The SolarCoin Foundation is now a US Public Benefit Corporation.

There are conversations ongoing with Affiliates to build out websites and share technology in US, EU and Japan.

The EU team is applying for VC and working on Tech incubator applications.

We are on #slack and setting up a weekly standing call for marketing and outreach. 

There is also some work being done for Simple 2-3 minute cartoon explanations of SolarCoin and Currency dynamics using powtoons by the foundation. 

All of this will be updated and released in the coming weeks. 

If you know of solar developers interested please let me know. I will introduce them to affiliate site builders. If you know of people who would like to set-up affiliate sites or sub-affiliates (sub license) tech under the hood from affiliates PM me and I will introduce you.  There are many countries and territories wide open.  Affiliates get a % of claimants as a referal payment from the foundation.  Our focus is on developer and Claimant outreach. 

This is going to be done with messaging, marketing and biz dev relationships via a country and regional affiliate/ sub affiliate network using web based wallets, direct inverter tie-ins to the blockchain and other tech.  I am happy to put technologists, solar developers and others in touch.

Just FYI a $20 SLR on a 5KW roof over 25 years= 187.5 SLR= $3,750 so it is interesting at the margin.  a 5KW system in the US would cost about $20k. http://www.solar-nation.org/how-much-does-a-solar-system-cost-these-days  As the cost of solar installs goes down that marginal incentive becomes more interesting.  If one assumes each claimant produces $800 in value to the currency network https://www.zapchain.com/a/93TL8NKGHF  a $20/SLR price point  assuming 100m circulating float requires 2.5m participants. A big number but not impossible in the context of global energy and a current 6m solar generators growing 20-30% annually.

Good to hear this work is ongoing, I think you will need industry partners to get the word out and help de-mystify crypto for the average man in the street.  Im up for my first year maintenance call from my installer, Ill definately talk to them about Solarcoin and if they are interested I will get in touch.

[vipgelsi]

Great things ahead for solarcoin!   

[solarcoiner]

Yes indeed. I believe in Solarcoin and that it will have a bright future!
Although I bought Solarcoin early back a few years ago I am still buying. The more I think about it, the more I want to buy.
There is no doubt in my mind that SLR deserves to be on more popular exchanges and that it has huge potential.
I can't believe people are actually buying into loads of shitty coins on cryptsy and other exchanges. Solarcoin is so much better in every way that most other altcoins out there. It's just a fact.
I really hope people will come to realize that Solar energy is the way to go
And last but not least thank you to whoever has been crashing the price so I can buy some more
Lets spread the word and give Solarcoin the attention it deserves.
To the Sun! 

[CryptoNick]

The price didn't crash, BitCoin value went up. The price stayed the same .006

[nickgogerty]

The price didn't crash, BitCoin value went up. The price stayed the same .006

One can also argue that the "value" stayed the same when considering the solarcoin network of holders/claimants/nodes is stable.  Grow the nodes>grow value and price will take care of itself.  Price and Value are 2 different things.
"Price is pictured as a balloon hovering over the goose [who lays golden eggs], connected to it by a stretchy string. As the goose's intrinsic value wanders slowly forward…or backward…the price balloon gets bounced to and fro by gusts of hot air and opinions expressed as traded prices."
more here https://www.pinterest.com/columbiaup/the-nature-of-value/


or better yet.  Benjamin graham and Warren Buffet: http://news.morningstar.com/classroom2/course.asp?docId=142901&page=7

[nickgogerty]

OK, here is a 1st and admittedly bad attempt V0.1 at a video to explain solarcoin. 

https://www.powtoon.com/online-presentation/d1RtNtx0hVS/solarcoin/#/

anybody else want to take a shot ?   my V.02 will get better.

Nick

[Nick70001]

OK, here is a 1st and admittedly bad attempt V0.1 at a video to explain solarcoin. 

https://www.powtoon.com/online-presentation/d1RtNtx0hVS/solarcoin/#/

anybody else want to take a shot ?   my V.02 will get better.

Nick

Just had a look. Nice video. It provides all the relevant info and is fun. I will share it around.

[nickgogerty]

OK, here is a 1st and admittedly bad attempt V0.1 at a video to explain solarcoin. 

https://www.powtoon.com/online-presentation/d1RtNtx0hVS/solarcoin/#/

anybody else want to take a shot ?   my V.02 will get better.

Nick

Just had a look. Nice video. It provides all the relevant info and is fun. I will share it around.

here is the youtube link:  https://www.youtube.com/watch?v=yR9R6R3iaiI

and the embed code:
<iframe width="560" height="315" src="https://www.youtube.com/embed/yR9R6R3iaiI" frameborder="0" allowfullscreen></iframe>

[vipgelsi]

Not bad at all.

[lfloorwalker]

Hi all,

Please find attached the white paper, we are in the final stages of review.
If someone sees a red-flag, please let me know asap.

Title: "A Renewable Energy Powered Trustless Value Transfer Network
A Solar Powered SolarCoin Generator Node and a Process to Generate SolarCoin from the Sun Automatically."

https://www.solcrypto.com/en/node/31


Thanks,
lfloorwalker